vs
Side-by-side financial comparison of Axil Brands, Inc. (AXIL) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
SWK Holdings Corp is the larger business by last-quarter revenue ($8.7M vs $8.1M, roughly 1.1× Axil Brands, Inc.). On growth, Axil Brands, Inc. posted the faster year-over-year revenue change (5.2% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $906.4K). Over the past eight quarters, Axil Brands, Inc.'s revenue compounded faster (12.1% CAGR vs -12.5%).
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.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
AXIL vs SWKH — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.1M | $8.7M |
| Net Profit | $704.9K | $-19.4M |
| Gross Margin | 68.1% | — |
| Operating Margin | 11.1% | 9.9% |
| Net Margin | 8.7% | — |
| Revenue YoY | 5.2% | -29.7% |
| Net Profit YoY | 11.2% | -430.2% |
| EPS (diluted) | $0.09 | $-1.59 |
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.
| Q4 25 | $8.1M | $8.7M | ||
| Q3 25 | $6.9M | $10.9M | ||
| Q2 25 | $5.8M | $10.1M | ||
| Q1 25 | $6.9M | $11.8M | ||
| Q4 24 | $7.7M | $12.4M | ||
| Q3 24 | $5.9M | $10.4M | ||
| Q2 24 | $6.5M | $10.8M | ||
| Q1 24 | $6.5M | $11.4M |
| Q4 25 | $704.9K | $-19.4M | ||
| Q3 25 | $334.3K | $8.8M | ||
| Q2 25 | $-245.6K | $3.5M | ||
| Q1 25 | $576.7K | $4.5M | ||
| Q4 24 | $633.7K | $5.9M | ||
| Q3 24 | $-109.8K | $3.5M | ||
| Q2 24 | $49.5K | $3.7M | ||
| Q1 24 | $781.1K | $468.0K |
| 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% | — |
| Q4 25 | 11.1% | 9.9% | ||
| Q3 25 | 6.0% | 61.3% | ||
| Q2 25 | 0.8% | 46.1% | ||
| Q1 25 | 8.4% | 68.6% | ||
| Q4 24 | 8.7% | 44.7% | ||
| Q3 24 | -2.4% | 39.2% | ||
| Q2 24 | 2.6% | 8.3% | ||
| Q1 24 | -1.6% | 9.5% |
| Q4 25 | 8.7% | — | ||
| Q3 25 | 4.9% | 80.7% | ||
| Q2 25 | -4.3% | 35.2% | ||
| Q1 25 | 8.3% | 38.4% | ||
| Q4 24 | 8.2% | 47.5% | ||
| Q3 24 | -1.9% | 33.3% | ||
| Q2 24 | 0.8% | 33.9% | ||
| Q1 24 | 12.1% | 4.1% |
| Q4 25 | $0.09 | $-1.59 | ||
| Q3 25 | $0.04 | $0.72 | ||
| Q2 25 | $-0.03 | $0.29 | ||
| Q1 25 | $0.07 | $0.37 | ||
| Q4 24 | $0.08 | $0.47 | ||
| Q3 24 | $-0.02 | $0.28 | ||
| Q2 24 | $0.11 | $0.30 | ||
| Q1 24 | $0.04 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.0M | $42.8M |
| Total DebtLower is stronger | $138.3K | $33.0M |
| Stockholders' EquityBook value | $11.1M | $235.1M |
| Total Assets | $16.2M | $272.4M |
| Debt / EquityLower = less leverage | 0.01× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.0M | $42.8M | ||
| Q3 25 | $4.1M | $10.2M | ||
| Q2 25 | $4.8M | $8.0M | ||
| Q1 25 | $4.7M | $29.8M | ||
| Q4 24 | $5.2M | $5.9M | ||
| Q3 24 | $4.1M | $17.2M | ||
| Q2 24 | $3.3M | $5.5M | ||
| Q1 24 | $4.9M | $5.5M |
| Q4 25 | $138.3K | $33.0M | ||
| Q3 25 | $139.2K | $33.0M | ||
| Q2 25 | $140.2K | $33.0M | ||
| Q1 25 | $141.0K | $33.0M | ||
| Q4 24 | $143.3K | $33.0M | ||
| Q3 24 | $144.3K | $33.0M | ||
| Q2 24 | $146.6K | $33.0M | ||
| Q1 24 | — | $33.0M |
| Q4 25 | $11.1M | $235.1M | ||
| Q3 25 | $10.2M | $254.2M | ||
| Q2 25 | $9.7M | $246.5M | ||
| Q1 25 | $9.7M | $292.7M | ||
| Q4 24 | $8.8M | $288.7M | ||
| Q3 24 | $7.9M | $283.4M | ||
| Q2 24 | $7.7M | $282.8M | ||
| Q1 24 | $8.8M | $279.9M |
| Q4 25 | $16.2M | $272.4M | ||
| Q3 25 | $15.4M | $289.4M | ||
| Q2 25 | $12.9M | $285.7M | ||
| Q1 25 | $13.0M | $331.3M | ||
| Q4 24 | $13.7M | $332.2M | ||
| Q3 24 | $11.4M | $321.3M | ||
| Q2 24 | $11.0M | $321.0M | ||
| Q1 24 | $12.7M | $322.0M |
| Q4 25 | 0.01× | 0.14× | ||
| Q3 25 | 0.01× | 0.13× | ||
| Q2 25 | 0.01× | 0.13× | ||
| Q1 25 | 0.01× | 0.11× | ||
| Q4 24 | 0.02× | 0.11× | ||
| Q3 24 | 0.02× | 0.12× | ||
| Q2 24 | 0.02× | 0.12× | ||
| Q1 24 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $934.8K | $27.3M |
| Free Cash FlowOCF − Capex | $906.4K | $26.8M |
| FCF MarginFCF / Revenue | 11.1% | 308.1% |
| Capex IntensityCapex / Revenue | 0.3% | 5.9% |
| Cash ConversionOCF / Net Profit | 1.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $934.8K | $27.3M | ||
| Q3 25 | $-739.2K | $906.0K | ||
| Q2 25 | $194.4K | $7.8M | ||
| Q1 25 | $-169.9K | $8.3M | ||
| Q4 24 | $1.0M | $23.0M | ||
| Q3 24 | $897.3K | $6.3M | ||
| Q2 24 | $-336.6K | $5.4M | ||
| Q1 24 | $-912.8K | $4.4M |
| Q4 25 | $906.4K | $26.8M | ||
| Q3 25 | $-747.6K | $557.0K | ||
| Q2 25 | — | $7.7M | ||
| Q1 25 | $-258.2K | $8.2M | ||
| Q4 24 | $941.1K | $22.9M | ||
| Q3 24 | — | $6.3M | ||
| Q2 24 | $-394.9K | $5.4M | ||
| Q1 24 | $-922.1K | — |
| Q4 25 | 11.1% | 308.1% | ||
| Q3 25 | -10.9% | 5.1% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | -3.7% | 69.1% | ||
| Q4 24 | 12.2% | 185.3% | ||
| Q3 24 | — | 60.4% | ||
| Q2 24 | -6.1% | 49.7% | ||
| Q1 24 | -14.3% | — |
| Q4 25 | 0.3% | 5.9% | ||
| Q3 25 | 0.1% | 3.2% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | 0.9% | 0.2% | ||
| Q1 24 | 0.1% | 0.0% |
| Q4 25 | 1.33× | — | ||
| Q3 25 | -2.21× | 0.10× | ||
| Q2 25 | — | 2.21× | ||
| Q1 25 | -0.29× | 1.82× | ||
| Q4 24 | 1.59× | 3.93× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | -6.80× | 1.47× | ||
| Q1 24 | -1.17× | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXIL
| Hearing Enhancement And Protection | $7.8M | 95% |
| Other | $378.9K | 5% |
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
