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

Axil Brands, Inc. is the larger business by last-quarter revenue ($8.1M vs $7.5M, roughly 1.1× REED'S, INC.). Axil Brands, Inc. runs the higher net margin — 8.7% vs -50.5%, a 59.2% gap on every dollar of revenue. On growth, Axil Brands, Inc. posted the faster year-over-year revenue change (5.2% vs -23.1%). Axil Brands, Inc. produced more free cash flow last quarter ($906.4K vs $-3.9M). Over the past eight quarters, Axil Brands, Inc.'s revenue compounded faster (12.1% CAGR vs -11.7%).

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.

Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.

AXIL vs REED — Head-to-Head

Bigger by revenue
AXIL
AXIL
1.1× larger
AXIL
$8.1M
$7.5M
REED
Growing faster (revenue YoY)
AXIL
AXIL
+28.4% gap
AXIL
5.2%
-23.1%
REED
Higher net margin
AXIL
AXIL
59.2% more per $
AXIL
8.7%
-50.5%
REED
More free cash flow
AXIL
AXIL
$4.8M more FCF
AXIL
$906.4K
$-3.9M
REED
Faster 2-yr revenue CAGR
AXIL
AXIL
Annualised
AXIL
12.1%
-11.7%
REED

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AXIL
AXIL
REED
REED
Revenue
$8.1M
$7.5M
Net Profit
$704.9K
$-3.8M
Gross Margin
68.1%
20.4%
Operating Margin
11.1%
-46.9%
Net Margin
8.7%
-50.5%
Revenue YoY
5.2%
-23.1%
Net Profit YoY
11.2%
8.2%
EPS (diluted)
$0.09
$-1.26

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
REED
REED
Q4 25
$8.1M
$7.5M
Q3 25
$6.9M
$7.0M
Q2 25
$5.8M
$9.5M
Q1 25
$6.9M
$10.0M
Q4 24
$7.7M
$9.7M
Q3 24
$5.9M
$6.8M
Q2 24
$6.5M
$11.9M
Q1 24
$6.5M
$9.6M
Net Profit
AXIL
AXIL
REED
REED
Q4 25
$704.9K
$-3.8M
Q3 25
$334.3K
$-4.0M
Q2 25
$-245.6K
$-6.0M
Q1 25
$576.7K
$-2.0M
Q4 24
$633.7K
$-4.1M
Q3 24
$-109.8K
$-4.2M
Q2 24
$49.5K
$-3.2M
Q1 24
$781.1K
$-1.7M
Gross Margin
AXIL
AXIL
REED
REED
Q4 25
68.1%
20.4%
Q3 25
67.6%
17.4%
Q2 25
70.0%
8.5%
Q1 25
71.7%
33.9%
Q4 24
71.1%
30.0%
Q3 24
71.0%
18.0%
Q2 24
71.5%
32.3%
Q1 24
71.5%
35.6%
Operating Margin
AXIL
AXIL
REED
REED
Q4 25
11.1%
-46.9%
Q3 25
6.0%
-58.3%
Q2 25
0.8%
-60.8%
Q1 25
8.4%
-17.4%
Q4 24
8.7%
-37.6%
Q3 24
-2.4%
-46.5%
Q2 24
2.6%
-5.6%
Q1 24
-1.6%
-6.8%
Net Margin
AXIL
AXIL
REED
REED
Q4 25
8.7%
-50.5%
Q3 25
4.9%
-56.6%
Q2 25
-4.3%
-63.5%
Q1 25
8.3%
-20.3%
Q4 24
8.2%
-42.3%
Q3 24
-1.9%
-61.5%
Q2 24
0.8%
-27.1%
Q1 24
12.1%
-17.4%
EPS (diluted)
AXIL
AXIL
REED
REED
Q4 25
$0.09
$-1.26
Q3 25
$0.04
$-0.48
Q2 25
$-0.03
$-0.13
Q1 25
$0.07
$-0.04
Q4 24
$0.08
$-3.73
Q3 24
$-0.02
$-4.91
Q2 24
$0.11
$-0.77
Q1 24
$0.04
$-0.40

Balance Sheet & Financial Strength

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

Metric
AXIL
AXIL
REED
REED
Cash + ST InvestmentsLiquidity on hand
$5.0M
Total DebtLower is stronger
$138.3K
Stockholders' EquityBook value
$11.1M
$9.2M
Total Assets
$16.2M
$23.3M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXIL
AXIL
REED
REED
Q4 25
$5.0M
Q3 25
$4.1M
Q2 25
$4.8M
Q1 25
$4.7M
Q4 24
$5.2M
Q3 24
$4.1M
Q2 24
$3.3M
Q1 24
$4.9M
Total Debt
AXIL
AXIL
REED
REED
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
REED
REED
Q4 25
$11.1M
$9.2M
Q3 25
$10.2M
$2.8M
Q2 25
$9.7M
$1.7M
Q1 25
$9.7M
$4.7M
Q4 24
$8.8M
$6.6M
Q3 24
$7.9M
$-22.0M
Q2 24
$7.7M
$-23.8M
Q1 24
$8.8M
$-20.7M
Total Assets
AXIL
AXIL
REED
REED
Q4 25
$16.2M
$23.3M
Q3 25
$15.4M
$19.9M
Q2 25
$12.9M
$23.7M
Q1 25
$13.0M
$24.5M
Q4 24
$13.7M
$25.1M
Q3 24
$11.4M
$15.0M
Q2 24
$11.0M
$18.7M
Q1 24
$12.7M
$19.3M
Debt / Equity
AXIL
AXIL
REED
REED
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
REED
REED
Operating Cash FlowLast quarter
$934.8K
$-3.8M
Free Cash FlowOCF − Capex
$906.4K
$-3.9M
FCF MarginFCF / Revenue
11.1%
-52.0%
Capex IntensityCapex / Revenue
0.3%
1.1%
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters
$-17.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXIL
AXIL
REED
REED
Q4 25
$934.8K
$-3.8M
Q3 25
$-739.2K
$-2.8M
Q2 25
$194.4K
$-5.0M
Q1 25
$-169.9K
$-5.4M
Q4 24
$1.0M
$-3.9M
Q3 24
$897.3K
$1.1M
Q2 24
$-336.6K
$-912.0K
Q1 24
$-912.8K
$-2.4M
Free Cash Flow
AXIL
AXIL
REED
REED
Q4 25
$906.4K
$-3.9M
Q3 25
$-747.6K
$-2.9M
Q2 25
$-5.1M
Q1 25
$-258.2K
$-5.4M
Q4 24
$941.1K
$-4.0M
Q3 24
$1.0M
Q2 24
$-394.9K
$-924.0K
Q1 24
$-922.1K
$-2.4M
FCF Margin
AXIL
AXIL
REED
REED
Q4 25
11.1%
-52.0%
Q3 25
-10.9%
-41.5%
Q2 25
-53.2%
Q1 25
-3.7%
-54.2%
Q4 24
12.2%
-40.8%
Q3 24
15.3%
Q2 24
-6.1%
-7.8%
Q1 24
-14.3%
-25.1%
Capex Intensity
AXIL
AXIL
REED
REED
Q4 25
0.3%
1.1%
Q3 25
0.1%
1.4%
Q2 25
0.2%
Q1 25
1.3%
0.7%
Q4 24
0.9%
1.0%
Q3 24
0.3%
Q2 24
0.9%
0.1%
Q1 24
0.1%
0.2%
Cash Conversion
AXIL
AXIL
REED
REED
Q4 25
1.33×
Q3 25
-2.21×
Q2 25
Q1 25
-0.29×
Q4 24
1.59×
Q3 24
Q2 24
-6.80×
Q1 24
-1.17×

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%

REED
REED

Segment breakdown not available.

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