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

NATIONAL BANKSHARES INC is the larger business by last-quarter revenue ($15.3M vs $8.1M, roughly 1.9× Axil Brands, Inc.). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs 8.7%, a 29.8% gap on every dollar of revenue. On growth, NATIONAL BANKSHARES INC posted the faster year-over-year revenue change (24.7% vs 5.2%). NATIONAL BANKSHARES INC produced more free cash flow last quarter ($15.2M vs $906.4K). Over the past eight quarters, NATIONAL BANKSHARES INC's revenue compounded faster (20.9% CAGR vs 12.1%).

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.

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

AXIL vs NKSH — Head-to-Head

Bigger by revenue
NKSH
NKSH
1.9× larger
NKSH
$15.3M
$8.1M
AXIL
Growing faster (revenue YoY)
NKSH
NKSH
+19.5% gap
NKSH
24.7%
5.2%
AXIL
Higher net margin
NKSH
NKSH
29.8% more per $
NKSH
38.5%
8.7%
AXIL
More free cash flow
NKSH
NKSH
$14.2M more FCF
NKSH
$15.2M
$906.4K
AXIL
Faster 2-yr revenue CAGR
NKSH
NKSH
Annualised
NKSH
20.9%
12.1%
AXIL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AXIL
AXIL
NKSH
NKSH
Revenue
$8.1M
$15.3M
Net Profit
$704.9K
$5.9M
Gross Margin
68.1%
Operating Margin
11.1%
47.4%
Net Margin
8.7%
38.5%
Revenue YoY
5.2%
24.7%
Net Profit YoY
11.2%
91.0%
EPS (diluted)
$0.09
$0.93

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
NKSH
NKSH
Q4 25
$8.1M
$15.3M
Q3 25
$6.9M
$14.2M
Q2 25
$5.8M
$13.3M
Q1 25
$6.9M
$12.8M
Q4 24
$7.7M
$12.2M
Q3 24
$5.9M
$11.7M
Q2 24
$6.5M
$10.9M
Q1 24
$6.5M
$10.4M
Net Profit
AXIL
AXIL
NKSH
NKSH
Q4 25
$704.9K
$5.9M
Q3 25
$334.3K
$4.4M
Q2 25
$-245.6K
$2.3M
Q1 25
$576.7K
$3.2M
Q4 24
$633.7K
$3.1M
Q3 24
$-109.8K
$2.7M
Q2 24
$49.5K
$-307.0K
Q1 24
$781.1K
$2.2M
Gross Margin
AXIL
AXIL
NKSH
NKSH
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
NKSH
NKSH
Q4 25
11.1%
47.4%
Q3 25
6.0%
37.9%
Q2 25
0.8%
20.0%
Q1 25
8.4%
30.5%
Q4 24
8.7%
30.1%
Q3 24
-2.4%
27.5%
Q2 24
2.6%
-4.4%
Q1 24
-1.6%
25.8%
Net Margin
AXIL
AXIL
NKSH
NKSH
Q4 25
8.7%
38.5%
Q3 25
4.9%
31.1%
Q2 25
-4.3%
17.2%
Q1 25
8.3%
25.3%
Q4 24
8.2%
25.1%
Q3 24
-1.9%
22.8%
Q2 24
0.8%
-2.8%
Q1 24
12.1%
20.8%
EPS (diluted)
AXIL
AXIL
NKSH
NKSH
Q4 25
$0.09
$0.93
Q3 25
$0.04
$0.69
Q2 25
$-0.03
$0.36
Q1 25
$0.07
$0.51
Q4 24
$0.08
$0.50
Q3 24
$-0.02
$0.42
Q2 24
$0.11
$-0.05
Q1 24
$0.04
$0.37

Balance Sheet & Financial Strength

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

Metric
AXIL
AXIL
NKSH
NKSH
Cash + ST InvestmentsLiquidity on hand
$5.0M
$59.3M
Total DebtLower is stronger
$138.3K
Stockholders' EquityBook value
$11.1M
$184.9M
Total Assets
$16.2M
$1.8B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXIL
AXIL
NKSH
NKSH
Q4 25
$5.0M
$59.3M
Q3 25
$4.1M
$42.3M
Q2 25
$4.8M
$92.8M
Q1 25
$4.7M
$122.5M
Q4 24
$5.2M
$108.1M
Q3 24
$4.1M
$49.8M
Q2 24
$3.3M
$98.9M
Q1 24
$4.9M
$121.2M
Total Debt
AXIL
AXIL
NKSH
NKSH
Q4 25
$138.3K
Q3 25
$139.2K
Q2 25
$140.2K
Q1 25
$141.0K
Q4 24
$143.3K
Q3 24
$144.3K
Q2 24
$146.6K
Q1 24
Stockholders' Equity
AXIL
AXIL
NKSH
NKSH
Q4 25
$11.1M
$184.9M
Q3 25
$10.2M
$179.2M
Q2 25
$9.7M
$168.7M
Q1 25
$9.7M
$167.3M
Q4 24
$8.8M
$156.4M
Q3 24
$7.9M
$167.8M
Q2 24
$7.7M
$149.0M
Q1 24
$8.8M
$139.4M
Total Assets
AXIL
AXIL
NKSH
NKSH
Q4 25
$16.2M
$1.8B
Q3 25
$15.4M
$1.8B
Q2 25
$12.9M
$1.8B
Q1 25
$13.0M
$1.8B
Q4 24
$13.7M
$1.8B
Q3 24
$11.4M
$1.8B
Q2 24
$11.0M
$1.8B
Q1 24
$12.7M
$1.7B
Debt / Equity
AXIL
AXIL
NKSH
NKSH
Q4 25
0.01×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.02×
Q3 24
0.02×
Q2 24
0.02×
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
AXIL
AXIL
NKSH
NKSH
Operating Cash FlowLast quarter
$934.8K
$17.9M
Free Cash FlowOCF − Capex
$906.4K
$15.2M
FCF MarginFCF / Revenue
11.1%
99.2%
Capex IntensityCapex / Revenue
0.3%
17.9%
Cash ConversionOCF / Net Profit
1.33×
3.04×
TTM Free Cash FlowTrailing 4 quarters
$23.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXIL
AXIL
NKSH
NKSH
Q4 25
$934.8K
$17.9M
Q3 25
$-739.2K
$6.1M
Q2 25
$194.4K
$2.1M
Q1 25
$-169.9K
$2.6M
Q4 24
$1.0M
$9.4M
Q3 24
$897.3K
$3.1M
Q2 24
$-336.6K
$-3.0M
Q1 24
$-912.8K
$3.8M
Free Cash Flow
AXIL
AXIL
NKSH
NKSH
Q4 25
$906.4K
$15.2M
Q3 25
$-747.6K
$5.3M
Q2 25
$1.5M
Q1 25
$-258.2K
$1.6M
Q4 24
$941.1K
$6.2M
Q3 24
$2.2M
Q2 24
$-394.9K
$-4.0M
Q1 24
$-922.1K
$3.5M
FCF Margin
AXIL
AXIL
NKSH
NKSH
Q4 25
11.1%
99.2%
Q3 25
-10.9%
37.4%
Q2 25
11.5%
Q1 25
-3.7%
12.5%
Q4 24
12.2%
50.5%
Q3 24
18.5%
Q2 24
-6.1%
-36.3%
Q1 24
-14.3%
33.8%
Capex Intensity
AXIL
AXIL
NKSH
NKSH
Q4 25
0.3%
17.9%
Q3 25
0.1%
5.6%
Q2 25
4.1%
Q1 25
1.3%
7.5%
Q4 24
0.9%
26.6%
Q3 24
8.3%
Q2 24
0.9%
9.3%
Q1 24
0.1%
3.0%
Cash Conversion
AXIL
AXIL
NKSH
NKSH
Q4 25
1.33×
3.04×
Q3 25
-2.21×
1.38×
Q2 25
0.90×
Q1 25
-0.29×
0.79×
Q4 24
1.59×
3.07×
Q3 24
1.17×
Q2 24
-6.80×
Q1 24
-1.17×
1.77×

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%

NKSH
NKSH

Segment breakdown not available.

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