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Side-by-side financial comparison of Dexcom (DXCM) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
Dexcom is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× NCR Atleos Corp). Dexcom runs the higher net margin — 21.2% vs 7.2%, a 14.0% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 4.0%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 4.9%).
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.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
DXCM vs NATL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.2B |
| Net Profit | $267.3M | $83.0M |
| Gross Margin | 62.9% | — |
| Operating Margin | 25.6% | 13.5% |
| Net Margin | 21.2% | 7.2% |
| Revenue YoY | 21.6% | 4.0% |
| Net Profit YoY | 153.6% | 102.4% |
| EPS (diluted) | $0.67 | $1.09 |
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.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.0B | $979.0M | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $994.2M | $1.1B | ||
| Q2 24 | $1.0B | $1.1B |
| Q1 26 | $267.3M | — | ||
| Q4 25 | $267.3M | $83.0M | ||
| Q3 25 | $283.8M | $26.0M | ||
| Q2 25 | $179.8M | $39.0M | ||
| Q1 25 | $105.4M | $14.0M | ||
| Q4 24 | $151.7M | $41.0M | ||
| Q3 24 | $134.6M | $21.0M | ||
| Q2 24 | $143.5M | $27.0M |
| 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% | — |
| Q1 26 | 25.6% | — | ||
| Q4 25 | 25.6% | 13.5% | ||
| Q3 25 | 20.1% | 9.8% | ||
| Q2 25 | 18.4% | 10.8% | ||
| Q1 25 | 12.9% | 9.5% | ||
| Q4 24 | 17.0% | 13.4% | ||
| Q3 24 | 15.3% | 10.6% | ||
| Q2 24 | 15.7% | 9.8% |
| Q1 26 | 21.2% | — | ||
| Q4 25 | 21.2% | 7.2% | ||
| Q3 25 | 23.5% | 2.3% | ||
| Q2 25 | 15.5% | 3.5% | ||
| Q1 25 | 10.2% | 1.4% | ||
| Q4 24 | 13.6% | 3.7% | ||
| Q3 24 | 13.5% | 2.0% | ||
| Q2 24 | 14.3% | 2.5% |
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.67 | $1.09 | ||
| Q3 25 | $0.70 | $0.34 | ||
| Q2 25 | $0.45 | $0.52 | ||
| Q1 25 | $0.27 | $0.19 | ||
| Q4 24 | $0.37 | $0.56 | ||
| Q3 24 | $0.34 | $0.28 | ||
| Q2 24 | $0.35 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $917.7M | $456.0M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $2.7B | $403.0M |
| Total Assets | $6.3B | $5.7B |
| Debt / EquityLower = less leverage | — | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $917.7M | — | ||
| Q4 25 | $917.7M | $456.0M | ||
| Q3 25 | $1.8B | $412.0M | ||
| Q2 25 | $1.2B | $357.0M | ||
| Q1 25 | $904.9M | $352.0M | ||
| Q4 24 | $606.1M | $419.0M | ||
| Q3 24 | $621.2M | $395.0M | ||
| Q2 24 | $939.2M | $374.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $403.0M | ||
| Q3 25 | $2.7B | $330.0M | ||
| Q2 25 | $2.6B | $350.0M | ||
| Q1 25 | $2.3B | $275.0M | ||
| Q4 24 | $2.1B | $219.0M | ||
| Q3 24 | $2.0B | $264.0M | ||
| Q2 24 | $2.4B | $250.0M |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $5.7B | ||
| Q3 25 | $7.5B | $5.7B | ||
| Q2 25 | $7.3B | $5.8B | ||
| Q1 25 | $6.8B | $5.7B | ||
| Q4 24 | $6.5B | $5.5B | ||
| Q3 24 | $6.4B | $5.7B | ||
| Q2 24 | $6.8B | $5.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.63× | ||
| Q3 25 | — | 8.45× | ||
| Q2 25 | — | 8.05× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 13.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $231.0M |
| Free Cash FlowOCF − Capex | — | $194.0M |
| FCF MarginFCF / Revenue | — | 16.8% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | — | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $294.0M | $231.0M | ||
| Q3 25 | $659.9M | $25.0M | ||
| Q2 25 | $303.0M | $-23.0M | ||
| Q1 25 | $183.8M | $123.0M | ||
| Q4 24 | $301.4M | $80.0M | ||
| Q3 24 | $199.5M | $107.0M | ||
| Q2 24 | $279.4M | $9.0M |
| Q1 26 | — | — | ||
| Q4 25 | $192.1M | $194.0M | ||
| Q3 25 | $579.4M | $-5.0M | ||
| Q2 25 | $208.9M | $-44.0M | ||
| Q1 25 | $96.8M | $94.0M | ||
| Q4 24 | $176.8M | $62.0M | ||
| Q3 24 | $88.3M | $85.0M | ||
| Q2 24 | $213.3M | $-14.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.3% | 16.8% | ||
| Q3 25 | 47.9% | -0.4% | ||
| Q2 25 | 18.1% | -4.0% | ||
| Q1 25 | 9.3% | 9.6% | ||
| Q4 24 | 15.9% | 5.6% | ||
| Q3 24 | 8.9% | 7.9% | ||
| Q2 24 | 21.2% | -1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 3.2% | ||
| Q3 25 | 6.7% | 2.7% | ||
| Q2 25 | 8.1% | 1.9% | ||
| Q1 25 | 8.4% | 3.0% | ||
| Q4 24 | 11.2% | 1.6% | ||
| Q3 24 | 11.2% | 2.1% | ||
| Q2 24 | 6.6% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | 2.78× | ||
| Q3 25 | 2.33× | 0.96× | ||
| Q2 25 | 1.69× | -0.59× | ||
| Q1 25 | 1.74× | 8.79× | ||
| Q4 24 | 1.99× | 1.95× | ||
| Q3 24 | 1.48× | 5.10× | ||
| Q2 24 | 1.95× | 0.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DXCM
Segment breakdown not available.
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
