vs

Side-by-side financial comparison of Dexcom (DXCM) and M/I HOMES, INC. (MHO). 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× M/I HOMES, INC.). Dexcom runs the higher net margin — 21.2% vs 5.6%, a 15.6% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs -4.8%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 4.7%).

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.

M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.

DXCM vs MHO — Head-to-Head

Bigger by revenue
DXCM
DXCM
1.1× larger
DXCM
$1.3B
$1.1B
MHO
Growing faster (revenue YoY)
DXCM
DXCM
+26.4% gap
DXCM
21.6%
-4.8%
MHO
Higher net margin
DXCM
DXCM
15.6% more per $
DXCM
21.2%
5.6%
MHO
Faster 2-yr revenue CAGR
DXCM
DXCM
Annualised
DXCM
12.0%
4.7%
MHO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DXCM
DXCM
MHO
MHO
Revenue
$1.3B
$1.1B
Net Profit
$267.3M
$64.0M
Gross Margin
62.9%
17.4%
Operating Margin
25.6%
6.5%
Net Margin
21.2%
5.6%
Revenue YoY
21.6%
-4.8%
Net Profit YoY
153.6%
-52.1%
EPS (diluted)
$0.67
$2.42

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
MHO
MHO
Q1 26
$1.3B
Q4 25
$1.3B
$1.1B
Q3 25
$1.2B
$1.1B
Q2 25
$1.2B
$1.2B
Q1 25
$1.0B
$976.1M
Q4 24
$1.1B
$1.2B
Q3 24
$994.2M
$1.1B
Q2 24
$1.0B
$1.1B
Net Profit
DXCM
DXCM
MHO
MHO
Q1 26
$267.3M
Q4 25
$267.3M
$64.0M
Q3 25
$283.8M
$106.5M
Q2 25
$179.8M
$121.2M
Q1 25
$105.4M
$111.2M
Q4 24
$151.7M
$133.5M
Q3 24
$134.6M
$145.4M
Q2 24
$143.5M
$146.7M
Gross Margin
DXCM
DXCM
MHO
MHO
Q1 26
62.9%
Q4 25
62.9%
17.4%
Q3 25
60.5%
24.5%
Q2 25
59.5%
24.7%
Q1 25
56.9%
25.9%
Q4 24
58.9%
24.6%
Q3 24
59.7%
27.1%
Q2 24
62.4%
27.9%
Operating Margin
DXCM
DXCM
MHO
MHO
Q1 26
25.6%
Q4 25
25.6%
6.5%
Q3 25
20.1%
12.0%
Q2 25
18.4%
13.4%
Q1 25
12.9%
14.4%
Q4 24
17.0%
13.6%
Q3 24
15.3%
15.9%
Q2 24
15.7%
16.8%
Net Margin
DXCM
DXCM
MHO
MHO
Q1 26
21.2%
Q4 25
21.2%
5.6%
Q3 25
23.5%
9.4%
Q2 25
15.5%
10.4%
Q1 25
10.2%
11.4%
Q4 24
13.6%
11.1%
Q3 24
13.5%
12.7%
Q2 24
14.3%
13.2%
EPS (diluted)
DXCM
DXCM
MHO
MHO
Q1 26
$0.67
Q4 25
$0.67
$2.42
Q3 25
$0.70
$3.92
Q2 25
$0.45
$4.42
Q1 25
$0.27
$3.98
Q4 24
$0.37
$4.71
Q3 24
$0.34
$5.10
Q2 24
$0.35
$5.12

Balance Sheet & Financial Strength

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

Metric
DXCM
DXCM
MHO
MHO
Cash + ST InvestmentsLiquidity on hand
$917.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$3.2B
Total Assets
$6.3B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXCM
DXCM
MHO
MHO
Q1 26
$917.7M
Q4 25
$917.7M
Q3 25
$1.8B
Q2 25
$1.2B
Q1 25
$904.9M
Q4 24
$606.1M
Q3 24
$621.2M
Q2 24
$939.2M
Stockholders' Equity
DXCM
DXCM
MHO
MHO
Q1 26
$2.7B
Q4 25
$2.7B
$3.2B
Q3 25
$2.7B
$3.1B
Q2 25
$2.6B
$3.1B
Q1 25
$2.3B
$3.0B
Q4 24
$2.1B
$2.9B
Q3 24
$2.0B
$2.8B
Q2 24
$2.4B
$2.7B
Total Assets
DXCM
DXCM
MHO
MHO
Q1 26
$6.3B
Q4 25
$6.3B
$4.8B
Q3 25
$7.5B
$4.8B
Q2 25
$7.3B
$4.7B
Q1 25
$6.8B
$4.6B
Q4 24
$6.5B
$4.5B
Q3 24
$6.4B
$4.5B
Q2 24
$6.8B
$4.3B

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
MHO
MHO
Operating Cash FlowLast quarter
$-8.7M
Free Cash FlowOCF − Capex
$-13.0M
FCF MarginFCF / Revenue
-1.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXCM
DXCM
MHO
MHO
Q1 26
Q4 25
$294.0M
$-8.7M
Q3 25
$659.9M
$43.4M
Q2 25
$303.0M
$37.8M
Q1 25
$183.8M
$64.9M
Q4 24
$301.4M
$104.4M
Q3 24
$199.5M
$-67.9M
Q2 24
$279.4M
$27.5M
Free Cash Flow
DXCM
DXCM
MHO
MHO
Q1 26
Q4 25
$192.1M
$-13.0M
Q3 25
$579.4M
$42.0M
Q2 25
$208.9M
$35.1M
Q1 25
$96.8M
$63.5M
Q4 24
$176.8M
$102.3M
Q3 24
$88.3M
$-68.5M
Q2 24
$213.3M
$22.0M
FCF Margin
DXCM
DXCM
MHO
MHO
Q1 26
Q4 25
15.3%
-1.1%
Q3 25
47.9%
3.7%
Q2 25
18.1%
3.0%
Q1 25
9.3%
6.5%
Q4 24
15.9%
8.5%
Q3 24
8.9%
-6.0%
Q2 24
21.2%
2.0%
Capex Intensity
DXCM
DXCM
MHO
MHO
Q1 26
Q4 25
8.1%
0.4%
Q3 25
6.7%
0.1%
Q2 25
8.1%
0.2%
Q1 25
8.4%
0.1%
Q4 24
11.2%
0.2%
Q3 24
11.2%
0.1%
Q2 24
6.6%
0.5%
Cash Conversion
DXCM
DXCM
MHO
MHO
Q1 26
Q4 25
1.10×
-0.14×
Q3 25
2.33×
0.41×
Q2 25
1.69×
0.31×
Q1 25
1.74×
0.58×
Q4 24
1.99×
0.78×
Q3 24
1.48×
-0.47×
Q2 24
1.95×
0.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXCM
DXCM

Segment breakdown not available.

MHO
MHO

Southern Homebuilding$615.6M54%
Northern Homebuilding$503.9M44%
Financial Service$27.8M2%
Land$4.7M0%

Related Comparisons