vs

Side-by-side financial comparison of Dexcom (DXCM) and JANUS HENDERSON GROUP PLC (JHG). Click either name above to swap in a different company.

Dexcom is the larger business by last-quarter revenue ($1.3B vs $1.1B, roughly 1.1× JANUS HENDERSON GROUP PLC). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 21.2%, a 14.1% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 21.6%). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% CAGR vs 12.0%).

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.

Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.

DXCM vs JHG — Head-to-Head

Bigger by revenue
DXCM
DXCM
1.1× larger
DXCM
$1.3B
$1.1B
JHG
Growing faster (revenue YoY)
JHG
JHG
+39.7% gap
JHG
61.3%
21.6%
DXCM
Higher net margin
JHG
JHG
14.1% more per $
JHG
35.3%
21.2%
DXCM
Faster 2-yr revenue CAGR
JHG
JHG
Annualised
JHG
43.9%
12.0%
DXCM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DXCM
DXCM
JHG
JHG
Revenue
$1.3B
$1.1B
Net Profit
$267.3M
$403.2M
Gross Margin
62.9%
Operating Margin
25.6%
42.7%
Net Margin
21.2%
35.3%
Revenue YoY
21.6%
61.3%
Net Profit YoY
153.6%
231.0%
EPS (diluted)
$0.67
$2.59

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
DXCM
DXCM
JHG
JHG
Q1 26
$1.3B
Q4 25
$1.3B
$1.1B
Q3 25
$1.2B
$700.4M
Q2 25
$1.2B
$633.2M
Q1 25
$1.0B
$621.4M
Q4 24
$1.1B
$708.3M
Q3 24
$994.2M
$624.8M
Q2 24
$1.0B
$588.4M
Net Profit
DXCM
DXCM
JHG
JHG
Q1 26
$267.3M
Q4 25
$267.3M
$403.2M
Q3 25
$283.8M
$142.1M
Q2 25
$179.8M
$149.9M
Q1 25
$105.4M
$120.7M
Q4 24
$151.7M
$121.8M
Q3 24
$134.6M
$27.3M
Q2 24
$143.5M
$129.7M
Gross Margin
DXCM
DXCM
JHG
JHG
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%
Operating Margin
DXCM
DXCM
JHG
JHG
Q1 26
25.6%
Q4 25
25.6%
42.7%
Q3 25
20.1%
24.6%
Q2 25
18.4%
25.9%
Q1 25
12.9%
24.7%
Q4 24
17.0%
27.9%
Q3 24
15.3%
26.4%
Q2 24
15.7%
27.9%
Net Margin
DXCM
DXCM
JHG
JHG
Q1 26
21.2%
Q4 25
21.2%
35.3%
Q3 25
23.5%
20.3%
Q2 25
15.5%
23.7%
Q1 25
10.2%
19.4%
Q4 24
13.6%
17.2%
Q3 24
13.5%
4.4%
Q2 24
14.3%
22.0%
EPS (diluted)
DXCM
DXCM
JHG
JHG
Q1 26
$0.67
Q4 25
$0.67
$2.59
Q3 25
$0.70
$0.92
Q2 25
$0.45
$0.95
Q1 25
$0.27
$0.77
Q4 24
$0.37
$0.77
Q3 24
$0.34
$0.17
Q2 24
$0.35
$0.81

Balance Sheet & Financial Strength

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

Metric
DXCM
DXCM
JHG
JHG
Cash + ST InvestmentsLiquidity on hand
$917.7M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$5.1B
Total Assets
$6.3B
$8.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXCM
DXCM
JHG
JHG
Q1 26
$917.7M
Q4 25
$917.7M
$1.6B
Q3 25
$1.8B
$1.4B
Q2 25
$1.2B
$1.3B
Q1 25
$904.9M
$1.4B
Q4 24
$606.1M
$1.6B
Q3 24
$621.2M
$1.8B
Q2 24
$939.2M
$1.3B
Stockholders' Equity
DXCM
DXCM
JHG
JHG
Q1 26
$2.7B
Q4 25
$2.7B
$5.1B
Q3 25
$2.7B
$4.8B
Q2 25
$2.6B
$4.8B
Q1 25
$2.3B
$4.7B
Q4 24
$2.1B
$4.6B
Q3 24
$2.0B
$4.6B
Q2 24
$2.4B
$4.5B
Total Assets
DXCM
DXCM
JHG
JHG
Q1 26
$6.3B
Q4 25
$6.3B
$8.3B
Q3 25
$7.5B
$7.6B
Q2 25
$7.3B
$7.5B
Q1 25
$6.8B
$7.1B
Q4 24
$6.5B
$7.0B
Q3 24
$6.4B
$7.3B
Q2 24
$6.8B
$6.4B

Cash Flow & Capital Efficiency

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

Metric
DXCM
DXCM
JHG
JHG
Operating Cash FlowLast quarter
$322.7M
Free Cash FlowOCF − Capex
$320.4M
FCF MarginFCF / Revenue
28.0%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.80×
TTM Free Cash FlowTrailing 4 quarters
$710.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXCM
DXCM
JHG
JHG
Q1 26
Q4 25
$294.0M
$322.7M
Q3 25
$659.9M
$258.8M
Q2 25
$303.0M
$135.2M
Q1 25
$183.8M
$2.8M
Q4 24
$301.4M
$247.3M
Q3 24
$199.5M
$228.5M
Q2 24
$279.4M
$223.8M
Free Cash Flow
DXCM
DXCM
JHG
JHG
Q1 26
Q4 25
$192.1M
$320.4M
Q3 25
$579.4M
$256.4M
Q2 25
$208.9M
$133.2M
Q1 25
$96.8M
$900.0K
Q4 24
$176.8M
$243.5M
Q3 24
$88.3M
$225.9M
Q2 24
$213.3M
$221.9M
FCF Margin
DXCM
DXCM
JHG
JHG
Q1 26
Q4 25
15.3%
28.0%
Q3 25
47.9%
36.6%
Q2 25
18.1%
21.0%
Q1 25
9.3%
0.1%
Q4 24
15.9%
34.4%
Q3 24
8.9%
36.2%
Q2 24
21.2%
37.7%
Capex Intensity
DXCM
DXCM
JHG
JHG
Q1 26
Q4 25
8.1%
0.2%
Q3 25
6.7%
0.3%
Q2 25
8.1%
0.3%
Q1 25
8.4%
0.3%
Q4 24
11.2%
0.5%
Q3 24
11.2%
0.4%
Q2 24
6.6%
0.3%
Cash Conversion
DXCM
DXCM
JHG
JHG
Q1 26
Q4 25
1.10×
0.80×
Q3 25
2.33×
1.82×
Q2 25
1.69×
0.90×
Q1 25
1.74×
0.02×
Q4 24
1.99×
2.03×
Q3 24
1.48×
8.37×
Q2 24
1.95×
1.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXCM
DXCM

Segment breakdown not available.

JHG
JHG

Investment Advice$585.2M51%
Investment Performance$425.8M37%
Other$76.4M7%

Related Comparisons