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Side-by-side financial comparison of Dexcom (DXCM) and QVC INC (QVCD). Click either name above to swap in a different company.

QVC INC is the larger business by last-quarter revenue ($2.4B vs $1.3B, roughly 1.9× Dexcom). Dexcom runs the higher net margin — 21.2% vs 1.5%, a 19.7% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs -8.9%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 7.1%).

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.

QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

DXCM vs QVCD — Head-to-Head

Bigger by revenue
QVCD
QVCD
1.9× larger
QVCD
$2.4B
$1.3B
DXCM
Growing faster (revenue YoY)
DXCM
DXCM
+30.5% gap
DXCM
21.6%
-8.9%
QVCD
Higher net margin
DXCM
DXCM
19.7% more per $
DXCM
21.2%
1.5%
QVCD
Faster 2-yr revenue CAGR
DXCM
DXCM
Annualised
DXCM
12.0%
7.1%
QVCD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DXCM
DXCM
QVCD
QVCD
Revenue
$1.3B
$2.4B
Net Profit
$267.3M
$37.0M
Gross Margin
62.9%
32.5%
Operating Margin
25.6%
5.6%
Net Margin
21.2%
1.5%
Revenue YoY
21.6%
-8.9%
Net Profit YoY
153.6%
103.0%
EPS (diluted)
$0.67

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
QVCD
QVCD
Q1 26
$1.3B
Q4 25
$1.3B
$2.4B
Q3 25
$1.2B
$2.0B
Q2 25
$1.2B
$2.0B
Q1 25
$1.0B
$1.9B
Q4 24
$1.1B
$2.7B
Q3 24
$994.2M
$2.1B
Q2 24
$1.0B
$2.1B
Net Profit
DXCM
DXCM
QVCD
QVCD
Q1 26
$267.3M
Q4 25
$267.3M
$37.0M
Q3 25
$283.8M
$2.0M
Q2 25
$179.8M
$-2.2B
Q1 25
$105.4M
$-42.0M
Q4 24
$151.7M
$-1.2B
Q3 24
$134.6M
$51.0M
Q2 24
$143.5M
$53.0M
Gross Margin
DXCM
DXCM
QVCD
QVCD
Q1 26
62.9%
Q4 25
62.9%
32.5%
Q3 25
60.5%
33.6%
Q2 25
59.5%
35.4%
Q1 25
56.9%
33.3%
Q4 24
58.9%
32.6%
Q3 24
59.7%
34.7%
Q2 24
62.4%
35.6%
Operating Margin
DXCM
DXCM
QVCD
QVCD
Q1 26
25.6%
Q4 25
25.6%
5.6%
Q3 25
20.1%
4.6%
Q2 25
18.4%
-114.5%
Q1 25
12.9%
1.5%
Q4 24
17.0%
-47.1%
Q3 24
15.3%
7.8%
Q2 24
15.7%
7.6%
Net Margin
DXCM
DXCM
QVCD
QVCD
Q1 26
21.2%
Q4 25
21.2%
1.5%
Q3 25
23.5%
0.1%
Q2 25
15.5%
-109.1%
Q1 25
10.2%
-2.2%
Q4 24
13.6%
-46.0%
Q3 24
13.5%
2.4%
Q2 24
14.3%
2.5%
EPS (diluted)
DXCM
DXCM
QVCD
QVCD
Q1 26
$0.67
Q4 25
$0.67
Q3 25
$0.70
Q2 25
$0.45
Q1 25
$0.27
Q4 24
$0.37
Q3 24
$0.34
Q2 24
$0.35

Balance Sheet & Financial Strength

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

Metric
DXCM
DXCM
QVCD
QVCD
Cash + ST InvestmentsLiquidity on hand
$917.7M
$1.5B
Total DebtLower is stronger
$1.0M
Stockholders' EquityBook value
$2.7B
$1.2B
Total Assets
$6.3B
$8.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXCM
DXCM
QVCD
QVCD
Q1 26
$917.7M
Q4 25
$917.7M
$1.5B
Q3 25
$1.8B
Q2 25
$1.2B
Q1 25
$904.9M
Q4 24
$606.1M
$297.0M
Q3 24
$621.2M
$297.0M
Q2 24
$939.2M
$315.0M
Total Debt
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
$1.0M
Q3 25
$5.0B
Q2 25
$4.0B
Q1 25
$4.0B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Stockholders' Equity
DXCM
DXCM
QVCD
QVCD
Q1 26
$2.7B
Q4 25
$2.7B
$1.2B
Q3 25
$2.7B
$1.2B
Q2 25
$2.6B
$1.2B
Q1 25
$2.3B
$3.3B
Q4 24
$2.1B
$3.3B
Q3 24
$2.0B
$4.6B
Q2 24
$2.4B
$4.3B
Total Assets
DXCM
DXCM
QVCD
QVCD
Q1 26
$6.3B
Q4 25
$6.3B
$8.5B
Q3 25
$7.5B
$8.3B
Q2 25
$7.3B
$7.4B
Q1 25
$6.8B
$9.7B
Q4 24
$6.5B
$9.9B
Q3 24
$6.4B
$9.9B
Q2 24
$6.8B
$11.2B
Debt / Equity
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
0.00×
Q3 25
4.30×
Q2 25
3.42×
Q1 25
1.22×
Q4 24
1.01×
Q3 24
0.73×
Q2 24
0.87×

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
QVCD
QVCD
Operating Cash FlowLast quarter
$245.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
$294.0M
$245.0M
Q3 25
$659.9M
$76.0M
Q2 25
$303.0M
$52.0M
Q1 25
$183.8M
$46.0M
Q4 24
$301.4M
$189.0M
Q3 24
$199.5M
$98.0M
Q2 24
$279.4M
$164.0M
Free Cash Flow
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
$192.1M
Q3 25
$579.4M
Q2 25
$208.9M
Q1 25
$96.8M
Q4 24
$176.8M
Q3 24
$88.3M
Q2 24
$213.3M
FCF Margin
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
15.3%
Q3 25
47.9%
Q2 25
18.1%
Q1 25
9.3%
Q4 24
15.9%
Q3 24
8.9%
Q2 24
21.2%
Capex Intensity
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
8.1%
Q3 25
6.7%
Q2 25
8.1%
Q1 25
8.4%
Q4 24
11.2%
Q3 24
11.2%
Q2 24
6.6%
Cash Conversion
DXCM
DXCM
QVCD
QVCD
Q1 26
Q4 25
1.10×
6.62×
Q3 25
2.33×
38.00×
Q2 25
1.69×
Q1 25
1.74×
Q4 24
1.99×
Q3 24
1.48×
1.92×
Q2 24
1.95×
3.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXCM
DXCM

Segment breakdown not available.

QVCD
QVCD

Home$754.0M31%
QVC International$661.0M27%
Beauty$260.0M11%
Apparel$254.0M10%
Electronics$187.0M8%
Accessories$181.0M7%
Jewelry$87.0M4%
Otherrevenue$38.0M2%

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