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Side-by-side financial comparison of Dexcom (DXCM) and VIASAT INC (VSAT). 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× VIASAT INC). Dexcom runs the higher net margin — 21.2% vs 2.2%, a 19.1% gap on every dollar of revenue. On growth, Dexcom posted the faster year-over-year revenue change (21.6% vs 3.0%). Over the past eight quarters, Dexcom's revenue compounded faster (12.0% CAGR vs 0.3%).
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.
Viasat, Inc. is an American communications company based in Carlsbad, California, with additional operations across the United States and worldwide. Viasat is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets.
DXCM vs VSAT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.2B |
| Net Profit | $267.3M | $25.0M |
| Gross Margin | 62.9% | — |
| Operating Margin | 25.6% | 2.3% |
| Net Margin | 21.2% | 2.2% |
| Revenue YoY | 21.6% | 3.0% |
| Net Profit YoY | 153.6% | 115.8% |
| EPS (diluted) | $0.67 | $0.18 |
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 | $1.2B | ||
| Q1 25 | $1.0B | $1.1B | ||
| 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 | $25.0M | ||
| Q3 25 | $283.8M | $-61.4M | ||
| Q2 25 | $179.8M | $-56.4M | ||
| Q1 25 | $105.4M | $-246.1M | ||
| Q4 24 | $151.7M | $-158.4M | ||
| Q3 24 | $134.6M | $-137.6M | ||
| Q2 24 | $143.5M | $-32.9M |
| 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% | 2.3% | ||
| Q3 25 | 20.1% | 3.1% | ||
| Q2 25 | 18.4% | 4.0% | ||
| Q1 25 | 12.9% | -13.4% | ||
| Q4 24 | 17.0% | 1.9% | ||
| Q3 24 | 15.3% | -2.2% | ||
| Q2 24 | 15.7% | 5.3% |
| Q1 26 | 21.2% | — | ||
| Q4 25 | 21.2% | 2.2% | ||
| Q3 25 | 23.5% | -5.4% | ||
| Q2 25 | 15.5% | -4.8% | ||
| Q1 25 | 10.2% | -21.5% | ||
| Q4 24 | 13.6% | -14.1% | ||
| Q3 24 | 13.5% | -12.3% | ||
| Q2 24 | 14.3% | -2.9% |
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.67 | $0.18 | ||
| Q3 25 | $0.70 | $-0.45 | ||
| Q2 25 | $0.45 | $-0.43 | ||
| Q1 25 | $0.27 | $-1.92 | ||
| Q4 24 | $0.37 | $-1.23 | ||
| Q3 24 | $0.34 | $-1.07 | ||
| Q2 24 | $0.35 | $-0.26 |
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 | $1.3B |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $2.7B | $4.6B |
| Total Assets | $6.3B | $14.9B |
| Debt / EquityLower = less leverage | — | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $917.7M | — | ||
| Q4 25 | $917.7M | $1.3B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $904.9M | $1.6B | ||
| Q4 24 | $606.1M | $1.6B | ||
| Q3 24 | $621.2M | $3.5B | ||
| Q2 24 | $939.2M | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $6.5B | ||
| Q1 25 | — | $6.5B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $7.1B |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $4.6B | ||
| Q3 25 | $2.7B | $4.5B | ||
| Q2 25 | $2.6B | $4.6B | ||
| Q1 25 | $2.3B | $4.6B | ||
| Q4 24 | $2.1B | $4.8B | ||
| Q3 24 | $2.0B | $4.9B | ||
| Q2 24 | $2.4B | $5.0B |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $14.9B | ||
| Q3 25 | $7.5B | $14.8B | ||
| Q2 25 | $7.3B | $14.9B | ||
| Q1 25 | $6.8B | $15.4B | ||
| Q4 24 | $6.5B | $15.6B | ||
| Q3 24 | $6.4B | $17.8B | ||
| Q2 24 | $6.8B | $16.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.37× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.43× | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 1.30× | ||
| Q2 24 | — | 1.42× |
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 | — | $726.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 29.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $294.0M | $726.9M | ||
| Q3 25 | $659.9M | $282.2M | ||
| Q2 25 | $303.0M | $258.5M | ||
| Q1 25 | $183.8M | $298.4M | ||
| Q4 24 | $301.4M | $219.5M | ||
| Q3 24 | $199.5M | $239.2M | ||
| Q2 24 | $279.4M | $151.1M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | 29.11× | ||
| Q3 25 | 2.33× | — | ||
| Q2 25 | 1.69× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 1.99× | — | ||
| 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
Segment breakdown not available.
VSAT
| Products | $334.2M | 29% |
| Aviation Services | $303.7M | 26% |
| Government Satcom Services | $202.4M | 17% |
| Maritime Services | $114.9M | 10% |
| Information Security And Cyber Defense Products | $97.0M | 8% |
| Tactical Networking Products | $93.9M | 8% |
| Navarino Uk And Jsat Mobile | $15.5M | 1% |
| Advanced Technologies And Other Products | $6.1M | 1% |
