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Side-by-side financial comparison of Axil Brands, Inc. (AXIL) and MODIV INDUSTRIAL, INC. (MDV). Click either name above to swap in a different company.

MODIV INDUSTRIAL, INC. is the larger business by last-quarter revenue ($11.1M vs $8.1M, roughly 1.4× Axil Brands, Inc.). MODIV INDUSTRIAL, INC. runs the higher net margin — 11.0% vs 8.7%, a 2.3% gap on every dollar of revenue. On growth, Axil Brands, Inc. posted the faster year-over-year revenue change (5.2% vs -5.6%). Over the past eight quarters, Axil Brands, Inc.'s revenue compounded faster (12.1% CAGR vs -3.8%).

Axil Brands, Inc. is a U.S.-headquartered company that designs, manufactures and markets premium hearing protection products, audio enhancement devices and personal audio accessories. Its offerings include custom-fit earplugs, Bluetooth-enabled hearing buds for work, sports and leisure use, serving both consumer and professional segments across global markets.

MODIV INDUSTRIAL, INC. is a U.S.-based industrial real estate enterprise focused on acquiring, owning and operating high-quality industrial properties mainly located in key logistics and distribution hubs across North America. It serves tenants from sectors including e-commerce fulfillment, manufacturing and third-party logistics, addressing rising demand for modern supply chain infrastructure.

AXIL vs MDV — Head-to-Head

Bigger by revenue
MDV
MDV
1.4× larger
MDV
$11.1M
$8.1M
AXIL
Growing faster (revenue YoY)
AXIL
AXIL
+10.8% gap
AXIL
5.2%
-5.6%
MDV
Higher net margin
MDV
MDV
2.3% more per $
MDV
11.0%
8.7%
AXIL
Faster 2-yr revenue CAGR
AXIL
AXIL
Annualised
AXIL
12.1%
-3.8%
MDV

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AXIL
AXIL
MDV
MDV
Revenue
$8.1M
$11.1M
Net Profit
$704.9K
$1.2M
Gross Margin
68.1%
Operating Margin
11.1%
45.8%
Net Margin
8.7%
11.0%
Revenue YoY
5.2%
-5.6%
Net Profit YoY
11.2%
-22.0%
EPS (diluted)
$0.09
$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
AXIL
AXIL
MDV
MDV
Q4 25
$8.1M
$11.1M
Q3 25
$6.9M
$11.7M
Q2 25
$5.8M
$11.8M
Q1 25
$6.9M
$11.8M
Q4 24
$7.7M
$11.7M
Q3 24
$5.9M
$11.7M
Q2 24
$6.5M
$11.4M
Q1 24
$6.5M
$12.0M
Net Profit
AXIL
AXIL
MDV
MDV
Q4 25
$704.9K
$1.2M
Q3 25
$334.3K
$1.0M
Q2 25
$-245.6K
$-2.0M
Q1 25
$576.7K
$829.0K
Q4 24
$633.7K
$1.6M
Q3 24
$-109.8K
$-587.0K
Q2 24
$49.5K
$1.3M
Q1 24
$781.1K
$3.7M
Gross Margin
AXIL
AXIL
MDV
MDV
Q4 25
68.1%
Q3 25
67.6%
Q2 25
70.0%
Q1 25
71.7%
Q4 24
71.1%
Q3 24
71.0%
Q2 24
71.5%
Q1 24
71.5%
Operating Margin
AXIL
AXIL
MDV
MDV
Q4 25
11.1%
45.8%
Q3 25
6.0%
41.4%
Q2 25
0.8%
9.8%
Q1 25
8.4%
40.2%
Q4 24
8.7%
45.4%
Q3 24
-2.4%
42.0%
Q2 24
2.6%
44.6%
Q1 24
-1.6%
55.6%
Net Margin
AXIL
AXIL
MDV
MDV
Q4 25
8.7%
11.0%
Q3 25
4.9%
9.0%
Q2 25
-4.3%
-17.1%
Q1 25
8.3%
7.0%
Q4 24
8.2%
13.3%
Q3 24
-1.9%
-5.0%
Q2 24
0.8%
11.6%
Q1 24
12.1%
31.1%
EPS (diluted)
AXIL
AXIL
MDV
MDV
Q4 25
$0.09
$0.02
Q3 25
$0.04
$0.00
Q2 25
$-0.03
$-0.32
Q1 25
$0.07
$-0.01
Q4 24
$0.08
$0.07
Q3 24
$-0.02
$-0.18
Q2 24
$0.11
$0.03
Q1 24
$0.04
$0.33

Balance Sheet & Financial Strength

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

Metric
AXIL
AXIL
MDV
MDV
Cash + ST InvestmentsLiquidity on hand
$5.0M
$14.4M
Total DebtLower is stronger
$138.3K
$261.5M
Stockholders' EquityBook value
$11.1M
$162.7M
Total Assets
$16.2M
$476.5M
Debt / EquityLower = less leverage
0.01×
1.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXIL
AXIL
MDV
MDV
Q4 25
$5.0M
$14.4M
Q3 25
$4.1M
$8.3M
Q2 25
$4.8M
$5.8M
Q1 25
$4.7M
$6.2M
Q4 24
$5.2M
$11.5M
Q3 24
$4.1M
$6.8M
Q2 24
$3.3M
$18.9M
Q1 24
$4.9M
$18.4M
Total Debt
AXIL
AXIL
MDV
MDV
Q4 25
$138.3K
$261.5M
Q3 25
$139.2K
$279.7M
Q2 25
$140.2K
$279.7M
Q1 25
$141.0K
$279.7M
Q4 24
$143.3K
$279.8M
Q3 24
$144.3K
$279.7M
Q2 24
$146.6K
$279.7M
Q1 24
$279.6M
Stockholders' Equity
AXIL
AXIL
MDV
MDV
Q4 25
$11.1M
$162.7M
Q3 25
$10.2M
$164.8M
Q2 25
$9.7M
$165.6M
Q1 25
$9.7M
$171.1M
Q4 24
$8.8M
$190.1M
Q3 24
$7.9M
$186.3M
Q2 24
$7.7M
$187.0M
Q1 24
$8.8M
$188.0M
Total Assets
AXIL
AXIL
MDV
MDV
Q4 25
$16.2M
$476.5M
Q3 25
$15.4M
$499.6M
Q2 25
$12.9M
$498.9M
Q1 25
$13.0M
$506.8M
Q4 24
$13.7M
$507.8M
Q3 24
$11.4M
$507.4M
Q2 24
$11.0M
$519.5M
Q1 24
$12.7M
$522.5M
Debt / Equity
AXIL
AXIL
MDV
MDV
Q4 25
0.01×
1.61×
Q3 25
0.01×
1.70×
Q2 25
0.01×
1.69×
Q1 25
0.01×
1.63×
Q4 24
0.02×
1.47×
Q3 24
0.02×
1.50×
Q2 24
0.02×
1.50×
Q1 24
1.49×

Cash Flow & Capital Efficiency

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

Metric
AXIL
AXIL
MDV
MDV
Operating Cash FlowLast quarter
$934.8K
$15.0M
Free Cash FlowOCF − Capex
$906.4K
FCF MarginFCF / Revenue
11.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.33×
12.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXIL
AXIL
MDV
MDV
Q4 25
$934.8K
$15.0M
Q3 25
$-739.2K
$4.1M
Q2 25
$194.4K
$3.9M
Q1 25
$-169.9K
$3.0M
Q4 24
$1.0M
$18.2M
Q3 24
$897.3K
$5.1M
Q2 24
$-336.6K
$4.7M
Q1 24
$-912.8K
$3.0M
Free Cash Flow
AXIL
AXIL
MDV
MDV
Q4 25
$906.4K
Q3 25
$-747.6K
Q2 25
Q1 25
$-258.2K
Q4 24
$941.1K
Q3 24
Q2 24
$-394.9K
Q1 24
$-922.1K
FCF Margin
AXIL
AXIL
MDV
MDV
Q4 25
11.1%
Q3 25
-10.9%
Q2 25
Q1 25
-3.7%
Q4 24
12.2%
Q3 24
Q2 24
-6.1%
Q1 24
-14.3%
Capex Intensity
AXIL
AXIL
MDV
MDV
Q4 25
0.3%
Q3 25
0.1%
Q2 25
Q1 25
1.3%
Q4 24
0.9%
Q3 24
Q2 24
0.9%
Q1 24
0.1%
Cash Conversion
AXIL
AXIL
MDV
MDV
Q4 25
1.33×
12.34×
Q3 25
-2.21×
3.95×
Q2 25
Q1 25
-0.29×
3.68×
Q4 24
1.59×
11.72×
Q3 24
Q2 24
-6.80×
3.55×
Q1 24
-1.17×
0.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXIL
AXIL

Hearing Enhancement And Protection$7.8M95%
Other$378.9K5%

MDV
MDV

Segment breakdown not available.

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