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Side-by-side financial comparison of Dexcom (DXCM) and Equinix (EQIX). Click either name above to swap in a different company.

Equinix is the larger business by last-quarter revenue ($2.4B vs $1.3B, roughly 1.9× Dexcom). Dexcom runs the higher net margin — 21.2% vs 11.0%, a 10.3% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 8.8%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 5.9%).

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.

Equinix Inc. is an American multinational company headquartered in Redwood City, California. It specialized in internet connectivity and data center colocation centers, commonly known as carrier hotels until the company converted to a real estate investment trust (REIT) in January 2015.

DXCM vs EQIX — Head-to-Head

Bigger by revenue
EQIX
EQIX
1.9× larger
EQIX
$2.4B
$1.3B
DXCM
Growing faster (revenue YoY)
DXCM
DXCM
+12.8% gap
DXCM
21.6%
8.8%
EQIX
Higher net margin
DXCM
DXCM
10.3% more per $
DXCM
21.2%
11.0%
EQIX
Faster 2-yr revenue CAGR
DXCM
DXCM
Annualised
DXCM
12.0%
5.9%
EQIX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DXCM
DXCM
EQIX
EQIX
Revenue
$1.3B
$2.4B
Net Profit
$267.3M
$265.0M
Gross Margin
62.9%
50.5%
Operating Margin
25.6%
17.4%
Net Margin
21.2%
11.0%
Revenue YoY
21.6%
8.8%
Net Profit YoY
153.6%
-22.7%
EPS (diluted)
$0.67
$2.70

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
DXCM
DXCM
EQIX
EQIX
Q1 26
$1.3B
$2.4B
Q4 25
$1.3B
$2.4B
Q3 25
$1.2B
$2.3B
Q2 25
$1.2B
$2.3B
Q1 25
$1.0B
$2.2B
Q4 24
$1.1B
$2.3B
Q3 24
$994.2M
$2.2B
Q2 24
$1.0B
$2.2B
Net Profit
DXCM
DXCM
EQIX
EQIX
Q1 26
$267.3M
$265.0M
Q4 25
$267.3M
$265.0M
Q3 25
$283.8M
$374.0M
Q2 25
$179.8M
$368.0M
Q1 25
$105.4M
$343.0M
Q4 24
$151.7M
$-14.0M
Q3 24
$134.6M
$297.0M
Q2 24
$143.5M
$301.0M
Gross Margin
DXCM
DXCM
EQIX
EQIX
Q1 26
62.9%
50.5%
Q4 25
62.9%
50.5%
Q3 25
60.5%
50.7%
Q2 25
59.5%
52.0%
Q1 25
56.9%
51.3%
Q4 24
58.9%
47.1%
Q3 24
59.7%
50.1%
Q2 24
62.4%
49.9%
Operating Margin
DXCM
DXCM
EQIX
EQIX
Q1 26
25.6%
17.4%
Q4 25
25.6%
17.4%
Q3 25
20.1%
20.5%
Q2 25
18.4%
21.9%
Q1 25
12.9%
20.6%
Q4 24
17.0%
4.6%
Q3 24
15.3%
19.3%
Q2 24
15.7%
20.2%
Net Margin
DXCM
DXCM
EQIX
EQIX
Q1 26
21.2%
11.0%
Q4 25
21.2%
11.0%
Q3 25
23.5%
16.1%
Q2 25
15.5%
16.3%
Q1 25
10.2%
15.4%
Q4 24
13.6%
-0.6%
Q3 24
13.5%
13.5%
Q2 24
14.3%
13.9%
EPS (diluted)
DXCM
DXCM
EQIX
EQIX
Q1 26
$0.67
$2.70
Q4 25
$0.67
$2.70
Q3 25
$0.70
$3.81
Q2 25
$0.45
$3.75
Q1 25
$0.27
$3.50
Q4 24
$0.37
$-0.19
Q3 24
$0.34
$3.10
Q2 24
$0.35
$3.16

Balance Sheet & Financial Strength

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

Metric
DXCM
DXCM
EQIX
EQIX
Cash + ST InvestmentsLiquidity on hand
$917.7M
$3.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$14.2B
Total Assets
$6.3B
$40.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXCM
DXCM
EQIX
EQIX
Q1 26
$917.7M
$3.2B
Q4 25
$917.7M
$3.2B
Q3 25
$1.8B
$2.9B
Q2 25
$1.2B
$4.5B
Q1 25
$904.9M
$3.7B
Q4 24
$606.1M
$3.6B
Q3 24
$621.2M
$3.2B
Q2 24
$939.2M
$2.0B
Total Debt
DXCM
DXCM
EQIX
EQIX
Q1 26
Q4 25
Q3 25
$17.3B
Q2 25
$18.1B
Q1 25
$15.9B
Q4 24
$15.3B
Q3 24
$15.4B
Q2 24
$14.5B
Stockholders' Equity
DXCM
DXCM
EQIX
EQIX
Q1 26
$2.7B
$14.2B
Q4 25
$2.7B
$14.2B
Q3 25
$2.7B
$14.2B
Q2 25
$2.6B
$14.1B
Q1 25
$2.3B
$13.9B
Q4 24
$2.1B
$13.5B
Q3 24
$2.0B
$13.6B
Q2 24
$2.4B
$12.3B
Total Assets
DXCM
DXCM
EQIX
EQIX
Q1 26
$6.3B
$40.1B
Q4 25
$6.3B
$40.1B
Q3 25
$7.5B
$38.1B
Q2 25
$7.3B
$38.8B
Q1 25
$6.8B
$36.1B
Q4 24
$6.5B
$35.1B
Q3 24
$6.4B
$35.4B
Q2 24
$6.8B
$32.9B
Debt / Equity
DXCM
DXCM
EQIX
EQIX
Q1 26
Q4 25
Q3 25
1.22×
Q2 25
1.28×
Q1 25
1.14×
Q4 24
1.13×
Q3 24
1.13×
Q2 24
1.18×

Financial Flow Comparison

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

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