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Side-by-side financial comparison of Dexcom (DXCM) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Dexcom is the larger business by last-quarter revenue ($1.3B vs $804.2M, roughly 1.6× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 24.0% vs 21.2%, a 2.8% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs 21.6%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% 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.

Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.

DXCM vs MPWR — Head-to-Head

Bigger by revenue
DXCM
DXCM
1.6× larger
DXCM
$1.3B
$804.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+4.6% gap
MPWR
26.1%
21.6%
DXCM
Higher net margin
MPWR
MPWR
2.8% more per $
MPWR
24.0%
21.2%
DXCM
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
12.0%
DXCM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DXCM
DXCM
MPWR
MPWR
Revenue
$1.3B
$804.2M
Net Profit
$267.3M
$193.2M
Gross Margin
62.9%
55.3%
Operating Margin
25.6%
30.0%
Net Margin
21.2%
24.0%
Revenue YoY
21.6%
26.1%
Net Profit YoY
153.6%
43.1%
EPS (diluted)
$0.67
$3.92

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
MPWR
MPWR
Q1 26
$1.3B
$804.2M
Q4 25
$1.3B
$751.2M
Q3 25
$1.2B
$737.2M
Q2 25
$1.2B
$664.6M
Q1 25
$1.0B
$637.6M
Q4 24
$1.1B
$621.7M
Q3 24
$994.2M
$620.1M
Q2 24
$1.0B
$507.4M
Net Profit
DXCM
DXCM
MPWR
MPWR
Q1 26
$267.3M
$193.2M
Q4 25
$267.3M
$171.7M
Q3 25
$283.8M
$179.8M
Q2 25
$179.8M
$135.0M
Q1 25
$105.4M
$135.1M
Q4 24
$151.7M
$1.3B
Q3 24
$134.6M
$144.4M
Q2 24
$143.5M
$100.4M
Gross Margin
DXCM
DXCM
MPWR
MPWR
Q1 26
62.9%
55.3%
Q4 25
62.9%
55.2%
Q3 25
60.5%
55.1%
Q2 25
59.5%
55.1%
Q1 25
56.9%
55.4%
Q4 24
58.9%
55.4%
Q3 24
59.7%
55.4%
Q2 24
62.4%
55.3%
Operating Margin
DXCM
DXCM
MPWR
MPWR
Q1 26
25.6%
30.0%
Q4 25
25.6%
26.6%
Q3 25
20.1%
26.5%
Q2 25
18.4%
24.8%
Q1 25
12.9%
26.5%
Q4 24
17.0%
26.3%
Q3 24
15.3%
26.5%
Q2 24
15.7%
23.0%
Net Margin
DXCM
DXCM
MPWR
MPWR
Q1 26
21.2%
24.0%
Q4 25
21.2%
22.9%
Q3 25
23.5%
24.4%
Q2 25
15.5%
20.3%
Q1 25
10.2%
21.2%
Q4 24
13.6%
201.8%
Q3 24
13.5%
23.3%
Q2 24
14.3%
19.8%
EPS (diluted)
DXCM
DXCM
MPWR
MPWR
Q1 26
$0.67
$3.92
Q4 25
$0.67
$3.50
Q3 25
$0.70
$3.74
Q2 25
$0.45
$2.81
Q1 25
$0.27
$2.81
Q4 24
$0.37
$25.71
Q3 24
$0.34
$2.95
Q2 24
$0.35
$2.05

Balance Sheet & Financial Strength

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

Metric
DXCM
DXCM
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$917.7M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$3.7B
Total Assets
$6.3B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXCM
DXCM
MPWR
MPWR
Q1 26
$917.7M
$1.4B
Q4 25
$917.7M
$1.3B
Q3 25
$1.8B
$1.3B
Q2 25
$1.2B
$1.1B
Q1 25
$904.9M
$1.0B
Q4 24
$606.1M
$862.9M
Q3 24
$621.2M
$1.5B
Q2 24
$939.2M
$1.3B
Stockholders' Equity
DXCM
DXCM
MPWR
MPWR
Q1 26
$2.7B
$3.7B
Q4 25
$2.7B
$3.5B
Q3 25
$2.7B
$3.4B
Q2 25
$2.6B
$3.2B
Q1 25
$2.3B
$3.1B
Q4 24
$2.1B
$3.0B
Q3 24
$2.0B
$2.4B
Q2 24
$2.4B
$2.2B
Total Assets
DXCM
DXCM
MPWR
MPWR
Q1 26
$6.3B
$4.4B
Q4 25
$6.3B
$4.2B
Q3 25
$7.5B
$4.1B
Q2 25
$7.3B
$3.9B
Q1 25
$6.8B
$3.7B
Q4 24
$6.5B
$3.5B
Q3 24
$6.4B
$2.9B
Q2 24
$6.8B
$2.6B

Financial Flow Comparison

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

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