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Side-by-side financial comparison of Dexcom (DXCM) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.

Dexcom is the larger business by last-quarter revenue ($1.3B vs $637.9M, roughly 2.0× NATIONAL FUEL GAS CO). NATIONAL FUEL GAS CO runs the higher net margin — 28.5% vs 21.2%, a 7.3% gap on every dollar of revenue. On growth, NATIONAL FUEL GAS CO posted the faster year-over-year revenue change (24.1% vs 21.6%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 6.9%).

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.

National Fuel Gas Company is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. National Fuel Gas was incorporated in 1902 and is based in Williamsville, New York.

DXCM vs NFG — Head-to-Head

Bigger by revenue
DXCM
DXCM
2.0× larger
DXCM
$1.3B
$637.9M
NFG
Growing faster (revenue YoY)
NFG
NFG
+2.6% gap
NFG
24.1%
21.6%
DXCM
Higher net margin
NFG
NFG
7.3% more per $
NFG
28.5%
21.2%
DXCM
Faster 2-yr revenue CAGR
DXCM
DXCM
Annualised
DXCM
12.0%
6.9%
NFG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DXCM
DXCM
NFG
NFG
Revenue
$1.3B
$637.9M
Net Profit
$267.3M
$181.6M
Gross Margin
62.9%
86.6%
Operating Margin
25.6%
43.3%
Net Margin
21.2%
28.5%
Revenue YoY
21.6%
24.1%
Net Profit YoY
153.6%
303.8%
EPS (diluted)
$0.67
$1.98

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
NFG
NFG
Q1 26
$1.3B
Q4 25
$1.3B
$637.9M
Q3 25
$1.2B
$443.1M
Q2 25
$1.2B
$527.4M
Q1 25
$1.0B
$734.8M
Q4 24
$1.1B
$513.8M
Q3 24
$994.2M
$310.0M
Q2 24
$1.0B
$338.6M
Net Profit
DXCM
DXCM
NFG
NFG
Q1 26
$267.3M
Q4 25
$267.3M
$181.6M
Q3 25
$283.8M
$107.3M
Q2 25
$179.8M
$149.8M
Q1 25
$105.4M
$216.4M
Q4 24
$151.7M
$45.0M
Q3 24
$134.6M
$-167.6M
Q2 24
$143.5M
$-54.2M
Gross Margin
DXCM
DXCM
NFG
NFG
Q1 26
62.9%
Q4 25
62.9%
86.6%
Q3 25
60.5%
Q2 25
59.5%
94.7%
Q1 25
56.9%
81.6%
Q4 24
58.9%
87.3%
Q3 24
59.7%
Q2 24
62.4%
98.5%
Operating Margin
DXCM
DXCM
NFG
NFG
Q1 26
25.6%
Q4 25
25.6%
43.3%
Q3 25
20.1%
40.6%
Q2 25
18.4%
43.7%
Q1 25
12.9%
43.2%
Q4 24
17.0%
16.8%
Q3 24
15.3%
-63.4%
Q2 24
15.7%
-15.2%
Net Margin
DXCM
DXCM
NFG
NFG
Q1 26
21.2%
Q4 25
21.2%
28.5%
Q3 25
23.5%
24.2%
Q2 25
15.5%
28.4%
Q1 25
10.2%
29.4%
Q4 24
13.6%
8.8%
Q3 24
13.5%
-54.1%
Q2 24
14.3%
-16.0%
EPS (diluted)
DXCM
DXCM
NFG
NFG
Q1 26
$0.67
Q4 25
$0.67
$1.98
Q3 25
$0.70
$1.18
Q2 25
$0.45
$1.64
Q1 25
$0.27
$2.37
Q4 24
$0.37
$0.49
Q3 24
$0.34
$-1.81
Q2 24
$0.35
$-0.59

Balance Sheet & Financial Strength

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

Metric
DXCM
DXCM
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$917.7M
$271.4M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.7B
$3.6B
Total Assets
$6.3B
$9.2B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXCM
DXCM
NFG
NFG
Q1 26
$917.7M
Q4 25
$917.7M
$271.4M
Q3 25
$1.8B
$43.2M
Q2 25
$1.2B
$39.3M
Q1 25
$904.9M
$40.0M
Q4 24
$606.1M
$48.7M
Q3 24
$621.2M
$38.2M
Q2 24
$939.2M
$81.4M
Total Debt
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Stockholders' Equity
DXCM
DXCM
NFG
NFG
Q1 26
$2.7B
Q4 25
$2.7B
$3.6B
Q3 25
$2.7B
$3.1B
Q2 25
$2.6B
$3.0B
Q1 25
$2.3B
$2.8B
Q4 24
$2.1B
$-76.2M
Q3 24
$2.0B
$-15.5M
Q2 24
$2.4B
$5.0M
Total Assets
DXCM
DXCM
NFG
NFG
Q1 26
$6.3B
Q4 25
$6.3B
$9.2B
Q3 25
$7.5B
$8.7B
Q2 25
$7.3B
$8.4B
Q1 25
$6.8B
$8.5B
Q4 24
$6.5B
$8.3B
Q3 24
$6.4B
$8.3B
Q2 24
$6.8B
$8.5B
Debt / Equity
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
0.75×
Q3 25
0.87×
Q2 25
0.90×
Q1 25
0.99×
Q4 24
Q3 24
Q2 24
532.10×

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
NFG
NFG
Operating Cash FlowLast quarter
$274.9M
Free Cash FlowOCF − Capex
$-2.7M
FCF MarginFCF / Revenue
-0.4%
Capex IntensityCapex / Revenue
43.5%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$204.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
$294.0M
$274.9M
Q3 25
$659.9M
$237.8M
Q2 25
$303.0M
$388.4M
Q1 25
$183.8M
$253.8M
Q4 24
$301.4M
$220.1M
Q3 24
$199.5M
$197.9M
Q2 24
$279.4M
$281.8M
Free Cash Flow
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
$192.1M
$-2.7M
Q3 25
$579.4M
$-47.8M
Q2 25
$208.9M
$195.3M
Q1 25
$96.8M
$59.9M
Q4 24
$176.8M
$-20.3M
Q3 24
$88.3M
$-49.1M
Q2 24
$213.3M
$79.5M
FCF Margin
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
15.3%
-0.4%
Q3 25
47.9%
-10.8%
Q2 25
18.1%
37.0%
Q1 25
9.3%
8.2%
Q4 24
15.9%
-4.0%
Q3 24
8.9%
-15.8%
Q2 24
21.2%
23.5%
Capex Intensity
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
8.1%
43.5%
Q3 25
6.7%
64.4%
Q2 25
8.1%
36.6%
Q1 25
8.4%
26.4%
Q4 24
11.2%
46.8%
Q3 24
11.2%
79.7%
Q2 24
6.6%
59.7%
Cash Conversion
DXCM
DXCM
NFG
NFG
Q1 26
Q4 25
1.10×
1.51×
Q3 25
2.33×
2.21×
Q2 25
1.69×
2.59×
Q1 25
1.74×
1.17×
Q4 24
1.99×
4.89×
Q3 24
1.48×
Q2 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXCM
DXCM

Segment breakdown not available.

NFG
NFG

Natural Gas Production$302.5M47%
Natural Gas Residential Sales$198.0M31%
Pipeline And Storage$69.2M11%
Natural Gas Commercial Sales$27.9M4%
Natural Gas Storage$25.1M4%
Other$4.1M1%
Natural Gas Midstream$2.8M0%

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