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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and TrueCar, Inc. (TRUE). Click either name above to swap in a different company.

DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $43.2M, roughly 1.0× TrueCar, Inc.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs -7.2%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 2.3%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

TrueCar, Inc. is an American car retailing website company headquartered in Santa Monica, California. It also maintains a sales office in Austin, Texas.

DX vs TRUE — Head-to-Head

Bigger by revenue
DX
DX
1.0× larger
DX
$43.5M
$43.2M
TRUE
Growing faster (revenue YoY)
DX
DX
+538.5% gap
DX
531.3%
-7.2%
TRUE
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
2.3%
TRUE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DX
DX
TRUE
TRUE
Revenue
$43.5M
$43.2M
Net Profit
$5.0M
Gross Margin
Operating Margin
-17.0%
Net Margin
11.6%
Revenue YoY
531.3%
-7.2%
Net Profit YoY
185.7%
EPS (diluted)
$1.59

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
DX
DX
TRUE
TRUE
Q4 25
$43.5M
Q3 25
$30.6M
$43.2M
Q2 25
$23.1M
$47.0M
Q1 25
$17.1M
$44.8M
Q4 24
$46.2M
Q3 24
$46.5M
Q2 24
$41.8M
Q1 24
$-3.2M
$41.1M
Net Profit
DX
DX
TRUE
TRUE
Q4 25
Q3 25
$150.4M
$5.0M
Q2 25
$-13.6M
$-7.6M
Q1 25
$-3.1M
$-10.1M
Q4 24
$-5.8M
Q3 24
$-5.8M
Q2 24
$-13.5M
Q1 24
$40.1M
$-5.8M
Operating Margin
DX
DX
TRUE
TRUE
Q4 25
Q3 25
-17.0%
Q2 25
-18.3%
Q1 25
-25.0%
Q4 24
-15.4%
Q3 24
-15.9%
Q2 24
-36.3%
Q1 24
-18.2%
Net Margin
DX
DX
TRUE
TRUE
Q4 25
Q3 25
491.3%
11.6%
Q2 25
-58.8%
-16.2%
Q1 25
-18.0%
-22.6%
Q4 24
-12.7%
Q3 24
-12.5%
Q2 24
-32.3%
Q1 24
-1256.8%
-14.2%
EPS (diluted)
DX
DX
TRUE
TRUE
Q4 25
$1.59
Q3 25
$1.08
Q2 25
$-0.14
Q1 25
$-0.06
Q4 24
Q3 24
Q2 24
Q1 24
$0.64

Balance Sheet & Financial Strength

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

Metric
DX
DX
TRUE
TRUE
Cash + ST InvestmentsLiquidity on hand
$531.0M
$103.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$114.2M
Total Assets
$17.3B
$148.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
TRUE
TRUE
Q4 25
$531.0M
Q3 25
$491.0M
$103.2M
Q2 25
$387.5M
$92.5M
Q1 25
$327.4M
$98.0M
Q4 24
$111.8M
Q3 24
$114.5M
Q2 24
$128.0M
Q1 24
$295.7M
$133.7M
Stockholders' Equity
DX
DX
TRUE
TRUE
Q4 25
$2.5B
Q3 25
$2.0B
$114.2M
Q2 25
$1.6B
$106.4M
Q1 25
$1.4B
$111.1M
Q4 24
$118.1M
Q3 24
$128.0M
Q2 24
$143.9M
Q1 24
$958.5M
$156.0M
Total Assets
DX
DX
TRUE
TRUE
Q4 25
$17.3B
Q3 25
$14.2B
$148.7M
Q2 25
$11.3B
$139.8M
Q1 25
$9.0B
$145.0M
Q4 24
$159.7M
Q3 24
$167.5M
Q2 24
$183.0M
Q1 24
$6.3B
$193.5M

Cash Flow & Capital Efficiency

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

Metric
DX
DX
TRUE
TRUE
Operating Cash FlowLast quarter
$120.8M
$12.7M
Free Cash FlowOCF − Capex
$11.2M
FCF MarginFCF / Revenue
25.9%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-19.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
TRUE
TRUE
Q4 25
$120.8M
Q3 25
$68.3M
$12.7M
Q2 25
$31.9M
$-2.8M
Q1 25
$6.4M
$-7.9M
Q4 24
$5.9M
Q3 24
$1.8M
Q2 24
$-2.0M
Q1 24
$-17.1M
$2.0M
Free Cash Flow
DX
DX
TRUE
TRUE
Q4 25
Q3 25
$11.2M
Q2 25
$-4.8M
Q1 25
$-10.6M
Q4 24
$4.1M
Q3 24
$-170.0K
Q2 24
$-3.6M
Q1 24
$-511.0K
FCF Margin
DX
DX
TRUE
TRUE
Q4 25
Q3 25
25.9%
Q2 25
-10.2%
Q1 25
-23.6%
Q4 24
9.0%
Q3 24
-0.4%
Q2 24
-8.7%
Q1 24
-1.2%
Capex Intensity
DX
DX
TRUE
TRUE
Q4 25
Q3 25
3.5%
Q2 25
4.2%
Q1 25
6.0%
Q4 24
3.7%
Q3 24
4.2%
Q2 24
3.9%
Q1 24
6.2%
Cash Conversion
DX
DX
TRUE
TRUE
Q4 25
Q3 25
0.45×
2.55×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.43×

Financial Flow Comparison

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

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