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Side-by-side financial comparison of BELDEN INC. (BDC) 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 $696.4M, roughly 1.8× BELDEN INC.). Dexcom runs the higher net margin — 21.2% vs 7.3%, a 13.9% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 11.4%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 7.3%).

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

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.

BDC vs DXCM — Head-to-Head

Bigger by revenue
DXCM
DXCM
1.8× larger
DXCM
$1.3B
$696.4M
BDC
Growing faster (revenue YoY)
DXCM
DXCM
+10.1% gap
DXCM
21.6%
11.4%
BDC
Higher net margin
DXCM
DXCM
13.9% more per $
DXCM
21.2%
7.3%
BDC
Faster 2-yr revenue CAGR
DXCM
DXCM
Annualised
DXCM
12.0%
7.3%
BDC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDC
BDC
DXCM
DXCM
Revenue
$696.4M
$1.3B
Net Profit
$51.0M
$267.3M
Gross Margin
37.1%
62.9%
Operating Margin
11.2%
25.6%
Net Margin
7.3%
21.2%
Revenue YoY
11.4%
21.6%
Net Profit YoY
-1.8%
153.6%
EPS (diluted)
$1.30
$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.

Revenue
BDC
BDC
DXCM
DXCM
Q1 26
$696.4M
$1.3B
Q4 25
$720.1M
$1.3B
Q3 25
$698.2M
$1.2B
Q2 25
$672.0M
$1.2B
Q1 25
$624.9M
$1.0B
Q4 24
$666.0M
$1.1B
Q3 24
$654.9M
$994.2M
Q2 24
$604.3M
$1.0B
Net Profit
BDC
BDC
DXCM
DXCM
Q1 26
$51.0M
$267.3M
Q4 25
$67.9M
$267.3M
Q3 25
$56.7M
$283.8M
Q2 25
$61.0M
$179.8M
Q1 25
$51.9M
$105.4M
Q4 24
$58.4M
$151.7M
Q3 24
$53.7M
$134.6M
Q2 24
$49.0M
$143.5M
Gross Margin
BDC
BDC
DXCM
DXCM
Q1 26
37.1%
62.9%
Q4 25
36.6%
62.9%
Q3 25
37.7%
60.5%
Q2 25
38.5%
59.5%
Q1 25
39.3%
56.9%
Q4 24
37.5%
58.9%
Q3 24
37.3%
59.7%
Q2 24
37.5%
62.4%
Operating Margin
BDC
BDC
DXCM
DXCM
Q1 26
11.2%
25.6%
Q4 25
12.2%
25.6%
Q3 25
10.9%
20.1%
Q2 25
11.8%
18.4%
Q1 25
11.6%
12.9%
Q4 24
10.4%
17.0%
Q3 24
11.5%
15.3%
Q2 24
11.4%
15.7%
Net Margin
BDC
BDC
DXCM
DXCM
Q1 26
7.3%
21.2%
Q4 25
9.4%
21.2%
Q3 25
8.1%
23.5%
Q2 25
9.1%
15.5%
Q1 25
8.3%
10.2%
Q4 24
8.8%
13.6%
Q3 24
8.2%
13.5%
Q2 24
8.1%
14.3%
EPS (diluted)
BDC
BDC
DXCM
DXCM
Q1 26
$1.30
$0.67
Q4 25
$1.70
$0.67
Q3 25
$1.41
$0.70
Q2 25
$1.53
$0.45
Q1 25
$1.27
$0.27
Q4 24
$1.41
$0.37
Q3 24
$1.30
$0.34
Q2 24
$1.19
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDC
BDC
DXCM
DXCM
Cash + ST InvestmentsLiquidity on hand
$272.2M
$917.7M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.3B
$2.7B
Total Assets
$6.3B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
DXCM
DXCM
Q1 26
$272.2M
$917.7M
Q4 25
$389.9M
$917.7M
Q3 25
$314.3M
$1.8B
Q2 25
$301.5M
$1.2B
Q1 25
$259.0M
$904.9M
Q4 24
$370.3M
$606.1M
Q3 24
$323.0M
$621.2M
Q2 24
$564.8M
$939.2M
Total Debt
BDC
BDC
DXCM
DXCM
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BDC
BDC
DXCM
DXCM
Q1 26
$1.3B
$2.7B
Q4 25
$1.3B
$2.7B
Q3 25
$1.2B
$2.7B
Q2 25
$1.2B
$2.6B
Q1 25
$1.2B
$2.3B
Q4 24
$1.3B
$2.1B
Q3 24
$1.2B
$2.0B
Q2 24
$1.2B
$2.4B
Total Assets
BDC
BDC
DXCM
DXCM
Q1 26
$6.3B
Q4 25
$3.5B
$6.3B
Q3 25
$3.4B
$7.5B
Q2 25
$3.4B
$7.3B
Q1 25
$3.3B
$6.8B
Q4 24
$3.3B
$6.5B
Q3 24
$3.3B
$6.4B
Q2 24
$3.5B
$6.8B
Debt / Equity
BDC
BDC
DXCM
DXCM
Q1 26
0.98×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDC
BDC
DXCM
DXCM
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-63.1M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
6.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$180.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
DXCM
DXCM
Q1 26
Q4 25
$160.4M
$294.0M
Q3 25
$105.0M
$659.9M
Q2 25
$82.0M
$303.0M
Q1 25
$7.4M
$183.8M
Q4 24
$174.7M
$301.4M
Q3 24
$91.7M
$199.5M
Q2 24
$83.0M
$279.4M
Free Cash Flow
BDC
BDC
DXCM
DXCM
Q1 26
$-63.1M
Q4 25
$121.3M
$192.1M
Q3 25
$65.3M
$579.4M
Q2 25
$56.9M
$208.9M
Q1 25
$-24.8M
$96.8M
Q4 24
$116.4M
$176.8M
Q3 24
$67.2M
$88.3M
Q2 24
$61.0M
$213.3M
FCF Margin
BDC
BDC
DXCM
DXCM
Q1 26
-9.1%
Q4 25
16.8%
15.3%
Q3 25
9.4%
47.9%
Q2 25
8.5%
18.1%
Q1 25
-4.0%
9.3%
Q4 24
17.5%
15.9%
Q3 24
10.3%
8.9%
Q2 24
10.1%
21.2%
Capex Intensity
BDC
BDC
DXCM
DXCM
Q1 26
6.4%
Q4 25
5.4%
8.1%
Q3 25
5.7%
6.7%
Q2 25
3.7%
8.1%
Q1 25
5.2%
8.4%
Q4 24
8.8%
11.2%
Q3 24
3.7%
11.2%
Q2 24
3.6%
6.6%
Cash Conversion
BDC
BDC
DXCM
DXCM
Q1 26
Q4 25
2.36×
1.10×
Q3 25
1.85×
2.33×
Q2 25
1.34×
1.69×
Q1 25
0.14×
1.74×
Q4 24
2.99×
1.99×
Q3 24
1.71×
1.48×
Q2 24
1.69×
1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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