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Side-by-side financial comparison of Dexcom (DXCM) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.3B, roughly 1.1× Dexcom). Dexcom runs the higher net margin — 21.2% vs 3.1%, a 18.1% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 2.6%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
DXCM vs SEE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.4B |
| Net Profit | $267.3M | $43.8M |
| Gross Margin | 62.9% | 28.6% |
| Operating Margin | 25.6% | 11.4% |
| Net Margin | 21.2% | 3.1% |
| Revenue YoY | 21.6% | 2.6% |
| Net Profit YoY | 153.6% | 700.0% |
| EPS (diluted) | $0.67 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $994.2M | $1.3B | ||
| Q2 24 | $1.0B | $1.3B |
| Q1 26 | $267.3M | — | ||
| Q4 25 | $267.3M | $43.8M | ||
| Q3 25 | $283.8M | $255.1M | ||
| Q2 25 | $179.8M | $93.1M | ||
| Q1 25 | $105.4M | $113.5M | ||
| Q4 24 | $151.7M | $-7.3M | ||
| Q3 24 | $134.6M | $91.7M | ||
| Q2 24 | $143.5M | $98.3M |
| Q1 26 | 62.9% | — | ||
| Q4 25 | 62.9% | 28.6% | ||
| Q3 25 | 60.5% | 29.8% | ||
| Q2 25 | 59.5% | 30.7% | ||
| Q1 25 | 56.9% | 30.9% | ||
| Q4 24 | 58.9% | 30.0% | ||
| Q3 24 | 59.7% | 30.1% | ||
| Q2 24 | 62.4% | 31.2% |
| Q1 26 | 25.6% | — | ||
| Q4 25 | 25.6% | 11.4% | ||
| Q3 25 | 20.1% | 13.8% | ||
| Q2 25 | 18.4% | 15.0% | ||
| Q1 25 | 12.9% | 14.5% | ||
| Q4 24 | 17.0% | 11.7% | ||
| Q3 24 | 15.3% | 13.9% | ||
| Q2 24 | 15.7% | 15.4% |
| Q1 26 | 21.2% | — | ||
| Q4 25 | 21.2% | 3.1% | ||
| Q3 25 | 23.5% | 19.0% | ||
| Q2 25 | 15.5% | 7.0% | ||
| Q1 25 | 10.2% | 9.0% | ||
| Q4 24 | 13.6% | -0.5% | ||
| Q3 24 | 13.5% | 6.9% | ||
| Q2 24 | 14.3% | 7.4% |
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.67 | $0.30 | ||
| Q3 25 | $0.70 | $1.73 | ||
| Q2 25 | $0.45 | $0.63 | ||
| Q1 25 | $0.27 | $0.77 | ||
| Q4 24 | $0.37 | $-0.05 | ||
| Q3 24 | $0.34 | $0.63 | ||
| Q2 24 | $0.35 | $0.67 |
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 | $344.0M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $2.7B | $1.2B |
| Total Assets | $6.3B | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $917.7M | — | ||
| Q4 25 | $917.7M | $344.0M | ||
| Q3 25 | $1.8B | $282.5M | ||
| Q2 25 | $1.2B | $354.4M | ||
| Q1 25 | $904.9M | $335.2M | ||
| Q4 24 | $606.1M | $371.8M | ||
| Q3 24 | $621.2M | $386.0M | ||
| Q2 24 | $939.2M | $388.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $2.6B | $953.1M | ||
| Q1 25 | $2.3B | $797.9M | ||
| Q4 24 | $2.1B | $624.5M | ||
| Q3 24 | $2.0B | $771.2M | ||
| Q2 24 | $2.4B | $650.1M |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $7.0B | ||
| Q3 25 | $7.5B | $7.1B | ||
| Q2 25 | $7.3B | $7.2B | ||
| Q1 25 | $6.8B | $7.0B | ||
| Q4 24 | $6.5B | $7.0B | ||
| Q3 24 | $6.4B | $7.3B | ||
| Q2 24 | $6.8B | $7.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× |
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 | — | $293.6M |
| Free Cash FlowOCF − Capex | — | $257.7M |
| FCF MarginFCF / Revenue | — | 18.5% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | — | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $294.0M | $293.6M | ||
| Q3 25 | $659.9M | $165.9M | ||
| Q2 25 | $303.0M | $136.6M | ||
| Q1 25 | $183.8M | $31.9M | ||
| Q4 24 | $301.4M | $244.2M | ||
| Q3 24 | $199.5M | $170.5M | ||
| Q2 24 | $279.4M | $188.2M |
| Q1 26 | — | — | ||
| Q4 25 | $192.1M | $257.7M | ||
| Q3 25 | $579.4M | $119.6M | ||
| Q2 25 | $208.9M | $93.2M | ||
| Q1 25 | $96.8M | $-12.0M | ||
| Q4 24 | $176.8M | $185.1M | ||
| Q3 24 | $88.3M | $115.2M | ||
| Q2 24 | $213.3M | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | 15.3% | 18.5% | ||
| Q3 25 | 47.9% | 8.9% | ||
| Q2 25 | 18.1% | 7.0% | ||
| Q1 25 | 9.3% | -0.9% | ||
| Q4 24 | 15.9% | 13.6% | ||
| Q3 24 | 8.9% | 8.6% | ||
| Q2 24 | 21.2% | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 2.6% | ||
| Q3 25 | 6.7% | 3.4% | ||
| Q2 25 | 8.1% | 3.3% | ||
| Q1 25 | 8.4% | 3.5% | ||
| Q4 24 | 11.2% | 4.4% | ||
| Q3 24 | 11.2% | 4.1% | ||
| Q2 24 | 6.6% | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | 6.70× | ||
| Q3 25 | 2.33× | 0.65× | ||
| Q2 25 | 1.69× | 1.47× | ||
| Q1 25 | 1.74× | 0.28× | ||
| Q4 24 | 1.99× | — | ||
| Q3 24 | 1.48× | 1.86× | ||
| Q2 24 | 1.95× | 1.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DXCM
Segment breakdown not available.
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
