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Side-by-side financial comparison of AvalonBay Communities (AVB) and Dexcom (DXCM). Click either name above to swap in a different company.
Dexcom is the larger business by last-quarter revenue ($1.3B vs $767.9M, roughly 1.6× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 21.2%, a 9019.4% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 3.7%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 3.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
Dexcom, Inc. is an American multinational healthcare company that develops, manufactures, produces and distributes a line of continuous glucose monitoring (CGM) systems for diabetes management. It operates internationally with global headquarters and R&D center in San Diego, California, U.S.A. and manufacturing facilities in Mesa, Arizona, U.S.A.; Batu Kawan, Malaysia and Athenry, County Galway, Ireland.
AVB vs DXCM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $1.3B |
| Net Profit | $166.0M | $267.3M |
| Gross Margin | — | 62.9% |
| Operating Margin | 64.2% | 25.6% |
| Net Margin | 9040.6% | 21.2% |
| Revenue YoY | 3.7% | 21.6% |
| Net Profit YoY | -41.2% | 153.6% |
| EPS (diluted) | $1.18 | $0.67 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $767.9M | $1.3B | ||
| Q3 25 | $766.8M | $1.2B | ||
| Q2 25 | $760.2M | $1.2B | ||
| Q1 25 | $745.9M | $1.0B | ||
| Q4 24 | $740.5M | $1.1B | ||
| Q3 24 | $734.3M | $994.2M | ||
| Q2 24 | $726.0M | $1.0B |
| Q1 26 | — | $267.3M | ||
| Q4 25 | $166.0M | $267.3M | ||
| Q3 25 | $381.3M | $283.8M | ||
| Q2 25 | $268.7M | $179.8M | ||
| Q1 25 | $236.6M | $105.4M | ||
| Q4 24 | $282.1M | $151.7M | ||
| Q3 24 | $372.5M | $134.6M | ||
| Q2 24 | $253.9M | $143.5M |
| Q1 26 | — | 62.9% | ||
| Q4 25 | — | 62.9% | ||
| Q3 25 | — | 60.5% | ||
| Q2 25 | — | 59.5% | ||
| Q1 25 | — | 56.9% | ||
| Q4 24 | — | 58.9% | ||
| Q3 24 | — | 59.7% | ||
| Q2 24 | — | 62.4% |
| Q1 26 | — | 25.6% | ||
| Q4 25 | 64.2% | 25.6% | ||
| Q3 25 | 65.7% | 20.1% | ||
| Q2 25 | 67.6% | 18.4% | ||
| Q1 25 | 68.5% | 12.9% | ||
| Q4 24 | 63.1% | 17.0% | ||
| Q3 24 | 65.4% | 15.3% | ||
| Q2 24 | 66.6% | 15.7% |
| Q1 26 | — | 21.2% | ||
| Q4 25 | 9040.6% | 21.2% | ||
| Q3 25 | 49.7% | 23.5% | ||
| Q2 25 | 35.3% | 15.5% | ||
| Q1 25 | 31.7% | 10.2% | ||
| Q4 24 | 38.1% | 13.6% | ||
| Q3 24 | 50.7% | 13.5% | ||
| Q2 24 | 35.0% | 14.3% |
| Q1 26 | — | $0.67 | ||
| Q4 25 | $1.18 | $0.67 | ||
| Q3 25 | $2.68 | $0.70 | ||
| Q2 25 | $1.88 | $0.45 | ||
| Q1 25 | $1.66 | $0.27 | ||
| Q4 24 | $1.99 | $0.37 | ||
| Q3 24 | $2.61 | $0.34 | ||
| Q2 24 | $1.78 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $917.7M |
| Total DebtLower is stronger | $9.3B | — |
| Stockholders' EquityBook value | $11.6B | $2.7B |
| Total Assets | $22.2B | $6.3B |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $917.7M | ||
| Q4 25 | $187.2M | $917.7M | ||
| Q3 25 | $123.3M | $1.8B | ||
| Q2 25 | $102.8M | $1.2B | ||
| Q1 25 | $53.3M | $904.9M | ||
| Q4 24 | $108.6M | $606.1M | ||
| Q3 24 | $552.4M | $621.2M | ||
| Q2 24 | $545.8M | $939.2M |
| Q1 26 | — | — | ||
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $11.6B | $2.7B | ||
| Q3 25 | $11.9B | $2.7B | ||
| Q2 25 | $11.9B | $2.6B | ||
| Q1 25 | $11.9B | $2.3B | ||
| Q4 24 | $11.9B | $2.1B | ||
| Q3 24 | $11.9B | $2.0B | ||
| Q2 24 | $11.7B | $2.4B |
| Q1 26 | — | $6.3B | ||
| Q4 25 | $22.2B | $6.3B | ||
| Q3 25 | $21.9B | $7.5B | ||
| Q2 25 | $21.8B | $7.3B | ||
| Q1 25 | $21.2B | $6.8B | ||
| Q4 24 | $21.0B | $6.5B | ||
| Q3 24 | $21.3B | $6.4B | ||
| Q2 24 | $21.0B | $6.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | — |
| Free Cash FlowOCF − Capex | $1.4B | — |
| FCF MarginFCF / Revenue | 183.5% | — |
| Capex IntensityCapex / Revenue | 34.1% | — |
| Cash ConversionOCF / Net Profit | 10.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $294.0M | ||
| Q3 25 | $477.0M | $659.9M | ||
| Q2 25 | $377.8M | $303.0M | ||
| Q1 25 | $415.9M | $183.8M | ||
| Q4 24 | $1.6B | $301.4M | ||
| Q3 24 | $486.2M | $199.5M | ||
| Q2 24 | $380.0M | $279.4M |
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $192.1M | ||
| Q3 25 | $402.2M | $579.4M | ||
| Q2 25 | $317.1M | $208.9M | ||
| Q1 25 | $367.5M | $96.8M | ||
| Q4 24 | $1.4B | $176.8M | ||
| Q3 24 | $434.2M | $88.3M | ||
| Q2 24 | $333.0M | $213.3M |
| Q1 26 | — | — | ||
| Q4 25 | 183.5% | 15.3% | ||
| Q3 25 | 52.5% | 47.9% | ||
| Q2 25 | 41.7% | 18.1% | ||
| Q1 25 | 49.3% | 9.3% | ||
| Q4 24 | 191.0% | 15.9% | ||
| Q3 24 | 59.1% | 8.9% | ||
| Q2 24 | 45.9% | 21.2% |
| Q1 26 | — | — | ||
| Q4 25 | 34.1% | 8.1% | ||
| Q3 25 | 9.8% | 6.7% | ||
| Q2 25 | 8.0% | 8.1% | ||
| Q1 25 | 6.5% | 8.4% | ||
| Q4 24 | 26.1% | 11.2% | ||
| Q3 24 | 7.1% | 11.2% | ||
| Q2 24 | 6.5% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 10.07× | 1.10× | ||
| Q3 25 | 1.25× | 2.33× | ||
| Q2 25 | 1.41× | 1.69× | ||
| Q1 25 | 1.76× | 1.74× | ||
| Q4 24 | 5.70× | 1.99× | ||
| Q3 24 | 1.31× | 1.48× | ||
| Q2 24 | 1.50× | 1.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
