vs

Side-by-side financial comparison of AirJoule Technologies Corp. (AIRJ) 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 $2.5K, roughly 321908.7× AirJoule Technologies Corp.). AirJoule Technologies Corp. runs the higher net margin — 7335567.4% vs 0.3%, a 7335567.0% gap on every dollar of revenue.

AirJoule Technologies Corp develops and commercializes energy-efficient dehumidification systems and climate control technologies for residential, commercial, and industrial customers. Its solutions cut energy use for air conditioning, helping lower operational costs and reduce carbon emissions across North America and global emerging markets.

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

AIRJ vs AXON — Head-to-Head

Bigger by revenue
AXON
AXON
321908.7× larger
AXON
$796.7M
$2.5K
AIRJ
Higher net margin
AIRJ
AIRJ
7335567.0% more per $
AIRJ
7335567.4%
0.3%
AXON

Income Statement — Q1 2024 vs Q4 2025

Metric
AIRJ
AIRJ
AXON
AXON
Revenue
$2.5K
$796.7M
Net Profit
$181.6M
$2.7M
Gross Margin
57.9%
Operating Margin
-2278436.7%
-6.3%
Net Margin
7335567.4%
0.3%
Revenue YoY
38.9%
Net Profit YoY
21852.9%
-98.0%
EPS (diluted)
$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
AIRJ
AIRJ
AXON
AXON
Q4 25
$796.7M
Q3 25
$710.6M
Q2 25
$668.5M
Q1 25
$603.6M
Q4 24
$573.4M
Q3 24
$544.3M
Q2 24
$504.1M
Q1 24
$2.5K
$460.7M
Net Profit
AIRJ
AIRJ
AXON
AXON
Q4 25
$2.7M
Q3 25
$-2.2M
Q2 25
$36.1M
Q1 25
$88.0M
Q4 24
$136.0M
Q3 24
$67.0M
Q2 24
$40.8M
Q1 24
$181.6M
$133.2M
Gross Margin
AIRJ
AIRJ
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
AIRJ
AIRJ
AXON
AXON
Q4 25
-6.3%
Q3 25
-0.3%
Q2 25
-0.2%
Q1 25
-1.5%
Q4 24
-2.6%
Q3 24
4.4%
Q2 24
6.5%
Q1 24
-2278436.7%
3.5%
Net Margin
AIRJ
AIRJ
AXON
AXON
Q4 25
0.3%
Q3 25
-0.3%
Q2 25
5.4%
Q1 25
14.6%
Q4 24
23.7%
Q3 24
12.3%
Q2 24
8.1%
Q1 24
7335567.4%
28.9%
EPS (diluted)
AIRJ
AIRJ
AXON
AXON
Q4 25
$0.02
Q3 25
$-0.03
Q2 25
$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
AIRJ
AIRJ
AXON
AXON
Cash + ST InvestmentsLiquidity on hand
$27.4M
$1.7B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$198.1M
$3.2B
Total Assets
$371.6M
$7.0B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRJ
AIRJ
AXON
AXON
Q4 25
$1.7B
Q3 25
$2.4B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$788.1M
Q3 24
$1.0B
Q2 24
$968.9M
Q1 24
$27.4M
$964.1M
Total Debt
AIRJ
AIRJ
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
AIRJ
AIRJ
AXON
AXON
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$2.7B
Q1 25
$2.6B
Q4 24
$2.3B
Q3 24
$2.1B
Q2 24
$1.9B
Q1 24
$198.1M
$1.8B
Total Assets
AIRJ
AIRJ
AXON
AXON
Q4 25
$7.0B
Q3 25
$6.7B
Q2 25
$6.2B
Q1 25
$6.1B
Q4 24
$4.5B
Q3 24
$4.0B
Q2 24
$3.7B
Q1 24
$371.6M
$3.6B
Debt / Equity
AIRJ
AIRJ
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
AIRJ
AIRJ
AXON
AXON
Operating Cash FlowLast quarter
$-6.4M
$217.2M
Free Cash FlowOCF − Capex
$155.4M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
-0.04×
79.14×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRJ
AIRJ
AXON
AXON
Q4 25
$217.2M
Q3 25
$60.0M
Q2 25
$-91.7M
Q1 25
$25.8M
Q4 24
$250.2M
Q3 24
$91.3M
Q2 24
$82.8M
Q1 24
$-6.4M
$-15.9M
Free Cash Flow
AIRJ
AIRJ
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
AIRJ
AIRJ
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
AIRJ
AIRJ
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
AIRJ
AIRJ
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
-0.04×
-0.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AIRJ
AIRJ

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%

Related Comparisons