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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) 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 $885.8M, roughly 1.4× BWX Technologies, Inc.). Dexcom runs the higher net margin — 21.2% vs 10.5%, a 10.7% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 18.7%). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 12.0%).

BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.

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.

BWXT vs DXCM — Head-to-Head

Bigger by revenue
DXCM
DXCM
1.4× larger
DXCM
$1.3B
$885.8M
BWXT
Growing faster (revenue YoY)
DXCM
DXCM
+2.9% gap
DXCM
21.6%
18.7%
BWXT
Higher net margin
DXCM
DXCM
10.7% more per $
DXCM
21.2%
10.5%
BWXT
Faster 2-yr revenue CAGR
BWXT
BWXT
Annualised
BWXT
21.1%
12.0%
DXCM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BWXT
BWXT
DXCM
DXCM
Revenue
$885.8M
$1.3B
Net Profit
$93.0M
$267.3M
Gross Margin
62.9%
Operating Margin
10.4%
25.6%
Net Margin
10.5%
21.2%
Revenue YoY
18.7%
21.6%
Net Profit YoY
30.9%
153.6%
EPS (diluted)
$1.02
$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
BWXT
BWXT
DXCM
DXCM
Q1 26
$1.3B
Q4 25
$885.8M
$1.3B
Q3 25
$866.3M
$1.2B
Q2 25
$764.0M
$1.2B
Q1 25
$682.3M
$1.0B
Q4 24
$746.3M
$1.1B
Q3 24
$672.0M
$994.2M
Q2 24
$681.5M
$1.0B
Net Profit
BWXT
BWXT
DXCM
DXCM
Q1 26
$267.3M
Q4 25
$93.0M
$267.3M
Q3 25
$82.1M
$283.8M
Q2 25
$78.4M
$179.8M
Q1 25
$75.5M
$105.4M
Q4 24
$71.0M
$151.7M
Q3 24
$69.5M
$134.6M
Q2 24
$73.0M
$143.5M
Gross Margin
BWXT
BWXT
DXCM
DXCM
Q1 26
62.9%
Q4 25
62.9%
Q3 25
21.8%
60.5%
Q2 25
25.1%
59.5%
Q1 25
24.2%
56.9%
Q4 24
58.9%
Q3 24
24.4%
59.7%
Q2 24
24.7%
62.4%
Operating Margin
BWXT
BWXT
DXCM
DXCM
Q1 26
25.6%
Q4 25
10.4%
25.6%
Q3 25
13.1%
20.1%
Q2 25
13.4%
18.4%
Q1 25
14.2%
12.9%
Q4 24
12.4%
17.0%
Q3 24
14.4%
15.3%
Q2 24
14.5%
15.7%
Net Margin
BWXT
BWXT
DXCM
DXCM
Q1 26
21.2%
Q4 25
10.5%
21.2%
Q3 25
9.5%
23.5%
Q2 25
10.3%
15.5%
Q1 25
11.1%
10.2%
Q4 24
9.5%
13.6%
Q3 24
10.3%
13.5%
Q2 24
10.7%
14.3%
EPS (diluted)
BWXT
BWXT
DXCM
DXCM
Q1 26
$0.67
Q4 25
$1.02
$0.67
Q3 25
$0.89
$0.70
Q2 25
$0.85
$0.45
Q1 25
$0.82
$0.27
Q4 24
$0.77
$0.37
Q3 24
$0.76
$0.34
Q2 24
$0.79
$0.35

Balance Sheet & Financial Strength

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

Metric
BWXT
BWXT
DXCM
DXCM
Cash + ST InvestmentsLiquidity on hand
$499.8M
$917.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$2.7B
Total Assets
$4.3B
$6.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWXT
BWXT
DXCM
DXCM
Q1 26
$917.7M
Q4 25
$499.8M
$917.7M
Q3 25
$79.6M
$1.8B
Q2 25
$37.0M
$1.2B
Q1 25
$55.4M
$904.9M
Q4 24
$74.1M
$606.1M
Q3 24
$35.5M
$621.2M
Q2 24
$48.3M
$939.2M
Stockholders' Equity
BWXT
BWXT
DXCM
DXCM
Q1 26
$2.7B
Q4 25
$1.2B
$2.7B
Q3 25
$1.2B
$2.7B
Q2 25
$1.2B
$2.6B
Q1 25
$1.1B
$2.3B
Q4 24
$1.1B
$2.1B
Q3 24
$1.1B
$2.0B
Q2 24
$998.5M
$2.4B
Total Assets
BWXT
BWXT
DXCM
DXCM
Q1 26
$6.3B
Q4 25
$4.3B
$6.3B
Q3 25
$3.8B
$7.5B
Q2 25
$3.7B
$7.3B
Q1 25
$3.1B
$6.8B
Q4 24
$2.9B
$6.5B
Q3 24
$2.9B
$6.4B
Q2 24
$2.8B
$6.8B

Cash Flow & Capital Efficiency

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

Metric
BWXT
BWXT
DXCM
DXCM
Operating Cash FlowLast quarter
$127.0M
Free Cash FlowOCF − Capex
$56.8M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
7.9%
Cash ConversionOCF / Net Profit
1.37×
TTM Free Cash FlowTrailing 4 quarters
$295.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWXT
BWXT
DXCM
DXCM
Q1 26
Q4 25
$127.0M
$294.0M
Q3 25
$143.2M
$659.9M
Q2 25
$159.0M
$303.0M
Q1 25
$50.6M
$183.8M
Q4 24
$276.9M
$301.4M
Q3 24
$32.6M
$199.5M
Q2 24
$65.9M
$279.4M
Free Cash Flow
BWXT
BWXT
DXCM
DXCM
Q1 26
Q4 25
$56.8M
$192.1M
Q3 25
$94.9M
$579.4M
Q2 25
$126.3M
$208.9M
Q1 25
$17.3M
$96.8M
Q4 24
$224.4M
$176.8M
Q3 24
$-7.7M
$88.3M
Q2 24
$35.5M
$213.3M
FCF Margin
BWXT
BWXT
DXCM
DXCM
Q1 26
Q4 25
6.4%
15.3%
Q3 25
11.0%
47.9%
Q2 25
16.5%
18.1%
Q1 25
2.5%
9.3%
Q4 24
30.1%
15.9%
Q3 24
-1.1%
8.9%
Q2 24
5.2%
21.2%
Capex Intensity
BWXT
BWXT
DXCM
DXCM
Q1 26
Q4 25
7.9%
8.1%
Q3 25
5.6%
6.7%
Q2 25
4.3%
8.1%
Q1 25
4.9%
8.4%
Q4 24
7.0%
11.2%
Q3 24
6.0%
11.2%
Q2 24
4.5%
6.6%
Cash Conversion
BWXT
BWXT
DXCM
DXCM
Q1 26
Q4 25
1.37×
1.10×
Q3 25
1.74×
2.33×
Q2 25
2.03×
1.69×
Q1 25
0.67×
1.74×
Q4 24
3.90×
1.99×
Q3 24
0.47×
1.48×
Q2 24
0.90×
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BWXT
BWXT

Nuclear Component Program$436.4M49%
Nuclear Manufacturing$134.8M15%
Cost Plus Fee$116.1M13%
Uranium And Nuclear Services$103.8M12%
Commercial Operations$49.0M6%
Commercial Operations Segment$33.7M4%
Transferred At Point In Time$1.3M0%

DXCM
DXCM

Segment breakdown not available.

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