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Side-by-side financial comparison of ROBO.AI INC. (AIIO) and Axon Enterprise (AXON). Click either name above to swap in a different company.

Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $864.0K, roughly 922.1× ROBO.AI INC.). Axon Enterprise runs the higher net margin — 0.3% vs -258.8%, a 259.1% gap on every dollar of revenue.

Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.

AIIO vs AXON — Head-to-Head

Bigger by revenue
AXON
AXON
922.1× larger
AXON
$796.7M
$864.0K
AIIO
Higher net margin
AXON
AXON
259.1% more per $
AXON
0.3%
-258.8%
AIIO

Income Statement — Q2 2025 vs Q4 2025

Metric
AIIO
AIIO
AXON
AXON
Revenue
$864.0K
$796.7M
Net Profit
$-2.2M
$2.7M
Gross Margin
57.9%
Operating Margin
-735.9%
-6.3%
Net Margin
-258.8%
0.3%
Revenue YoY
38.9%
Net Profit YoY
-98.0%
EPS (diluted)
$-0.01
$0.02

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
AIIO
AIIO
AXON
AXON
Q4 25
$796.7M
Q3 25
$710.6M
Q2 25
$864.0K
$668.5M
Q1 25
$603.6M
Q4 24
$573.4M
Q3 24
$544.3M
Q2 24
$504.1M
Q1 24
$460.7M
Net Profit
AIIO
AIIO
AXON
AXON
Q4 25
$2.7M
Q3 25
$-2.2M
Q2 25
$-2.2M
$36.1M
Q1 25
$88.0M
Q4 24
$136.0M
Q3 24
$67.0M
Q2 24
$40.8M
Q1 24
$133.2M
Gross Margin
AIIO
AIIO
AXON
AXON
Q4 25
57.9%
Q3 25
60.1%
Q2 25
60.4%
Q1 25
60.6%
Q4 24
60.5%
Q3 24
60.8%
Q2 24
60.3%
Q1 24
56.4%
Operating Margin
AIIO
AIIO
AXON
AXON
Q4 25
-6.3%
Q3 25
-0.3%
Q2 25
-735.9%
-0.2%
Q1 25
-1.5%
Q4 24
-2.6%
Q3 24
4.4%
Q2 24
6.5%
Q1 24
3.5%
Net Margin
AIIO
AIIO
AXON
AXON
Q4 25
0.3%
Q3 25
-0.3%
Q2 25
-258.8%
5.4%
Q1 25
14.6%
Q4 24
23.7%
Q3 24
12.3%
Q2 24
8.1%
Q1 24
28.9%
EPS (diluted)
AIIO
AIIO
AXON
AXON
Q4 25
$0.02
Q3 25
$-0.03
Q2 25
$-0.01
$0.44
Q1 25
$1.08
Q4 24
$1.68
Q3 24
$0.86
Q2 24
$0.53
Q1 24
$1.73

Balance Sheet & Financial Strength

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

Metric
AIIO
AIIO
AXON
AXON
Cash + ST InvestmentsLiquidity on hand
$147.0K
$1.7B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$-65.1M
$3.2B
Total Assets
$34.9M
$7.0B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIIO
AIIO
AXON
AXON
Q4 25
$1.7B
Q3 25
$2.4B
Q2 25
$147.0K
$2.1B
Q1 25
$2.2B
Q4 24
$788.1M
Q3 24
$1.0B
Q2 24
$968.9M
Q1 24
$964.1M
Total Debt
AIIO
AIIO
AXON
AXON
Q4 25
$1.8B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$680.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AIIO
AIIO
AXON
AXON
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$-65.1M
$2.7B
Q1 25
$2.6B
Q4 24
$2.3B
Q3 24
$2.1B
Q2 24
$1.9B
Q1 24
$1.8B
Total Assets
AIIO
AIIO
AXON
AXON
Q4 25
$7.0B
Q3 25
$6.7B
Q2 25
$34.9M
$6.2B
Q1 25
$6.1B
Q4 24
$4.5B
Q3 24
$4.0B
Q2 24
$3.7B
Q1 24
$3.6B
Debt / Equity
AIIO
AIIO
AXON
AXON
Q4 25
0.56×
Q3 25
0.66×
Q2 25
0.73×
Q1 25
0.79×
Q4 24
0.29×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIIO
AIIO
AXON
AXON
Operating Cash FlowLast quarter
$-1.0M
$217.2M
Free Cash FlowOCF − Capex
$155.4M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
79.14×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIIO
AIIO
AXON
AXON
Q4 25
$217.2M
Q3 25
$60.0M
Q2 25
$-1.0M
$-91.7M
Q1 25
$25.8M
Q4 24
$250.2M
Q3 24
$91.3M
Q2 24
$82.8M
Q1 24
$-15.9M
Free Cash Flow
AIIO
AIIO
AXON
AXON
Q4 25
$155.4M
Q3 25
$33.4M
Q2 25
$-114.7M
Q1 25
$932.0K
Q4 24
$225.4M
Q3 24
$64.8M
Q2 24
$71.4M
Q1 24
$-32.1M
FCF Margin
AIIO
AIIO
AXON
AXON
Q4 25
19.5%
Q3 25
4.7%
Q2 25
-17.2%
Q1 25
0.2%
Q4 24
39.3%
Q3 24
11.9%
Q2 24
14.2%
Q1 24
-7.0%
Capex Intensity
AIIO
AIIO
AXON
AXON
Q4 25
7.8%
Q3 25
3.7%
Q2 25
3.4%
Q1 25
4.1%
Q4 24
4.3%
Q3 24
4.9%
Q2 24
2.2%
Q1 24
3.5%
Cash Conversion
AIIO
AIIO
AXON
AXON
Q4 25
79.14×
Q3 25
Q2 25
-2.54×
Q1 25
0.29×
Q4 24
1.84×
Q3 24
1.36×
Q2 24
2.03×
Q1 24
-0.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AIIO
AIIO

Segment breakdown not available.

AXON
AXON

Software And Sensors Segment$342.5M43%
TASER Devices Professional$264.2M33%
Personal Sensors$109.1M14%
Platform Solutions$80.9M10%

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