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Side-by-side financial comparison of Axon Enterprise (AXON) and G III APPAREL GROUP LTD (GIII). Click either name above to swap in a different company.
G III APPAREL GROUP LTD is the larger business by last-quarter revenue ($988.6M vs $796.7M, roughly 1.2× Axon Enterprise). G III APPAREL GROUP LTD runs the higher net margin — 8.2% vs 0.3%, a 7.8% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs -9.0%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $-106.4M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs 13.7%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
G III Apparel Group is a global fashion company that designs, sources, manufactures, markets and distributes apparel, footwear, and accessories under a range of owned and licensed well-known brands. It serves department stores, specialty retailers, and e-commerce platforms across North America, Europe, and other key global markets, catering to casual, sportswear, and premium fashion consumer segments.
AXON vs GIII — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $988.6M |
| Net Profit | $2.7M | $80.6M |
| Gross Margin | 57.9% | 38.6% |
| Operating Margin | -6.3% | 11.4% |
| Net Margin | 0.3% | 8.2% |
| Revenue YoY | 38.9% | -9.0% |
| Net Profit YoY | -98.0% | -29.8% |
| EPS (diluted) | $0.02 | $1.84 |
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 | $796.7M | $988.6M | ||
| Q3 25 | $710.6M | $613.3M | ||
| Q2 25 | $668.5M | $583.6M | ||
| Q1 25 | $603.6M | $839.5M | ||
| Q4 24 | $573.4M | $1.1B | ||
| Q3 24 | $544.3M | $644.8M | ||
| Q2 24 | $504.1M | $609.7M | ||
| Q1 24 | $460.7M | $764.8M |
| Q4 25 | $2.7M | $80.6M | ||
| Q3 25 | $-2.2M | $10.9M | ||
| Q2 25 | $36.1M | $7.8M | ||
| Q1 25 | $88.0M | $48.8M | ||
| Q4 24 | $136.0M | $114.8M | ||
| Q3 24 | $67.0M | $24.2M | ||
| Q2 24 | $40.8M | $5.8M | ||
| Q1 24 | $133.2M | $28.9M |
| Q4 25 | 57.9% | 38.6% | ||
| Q3 25 | 60.1% | 40.8% | ||
| Q2 25 | 60.4% | 42.2% | ||
| Q1 25 | 60.6% | 39.5% | ||
| Q4 24 | 60.5% | 39.8% | ||
| Q3 24 | 60.8% | 42.8% | ||
| Q2 24 | 60.3% | 42.5% | ||
| Q1 24 | 56.4% | 36.9% |
| Q4 25 | -6.3% | 11.4% | ||
| Q3 25 | -0.3% | 2.7% | ||
| Q2 25 | -0.2% | 1.5% | ||
| Q1 25 | -1.5% | 8.5% | ||
| Q4 24 | -2.6% | 15.3% | ||
| Q3 24 | 4.4% | 6.4% | ||
| Q2 24 | 6.5% | 2.2% | ||
| Q1 24 | 3.5% | 6.1% |
| Q4 25 | 0.3% | 8.2% | ||
| Q3 25 | -0.3% | 1.8% | ||
| Q2 25 | 5.4% | 1.3% | ||
| Q1 25 | 14.6% | 5.8% | ||
| Q4 24 | 23.7% | 10.6% | ||
| Q3 24 | 12.3% | 3.8% | ||
| Q2 24 | 8.1% | 1.0% | ||
| Q1 24 | 28.9% | 3.8% |
| Q4 25 | $0.02 | $1.84 | ||
| Q3 25 | $-0.03 | $0.25 | ||
| Q2 25 | $0.44 | $0.17 | ||
| Q1 25 | $1.08 | $1.00 | ||
| Q4 24 | $1.68 | $2.55 | ||
| Q3 24 | $0.86 | $0.53 | ||
| Q2 24 | $0.53 | $0.12 | ||
| Q1 24 | $1.73 | $0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7B | $184.1M |
| Total DebtLower is stronger | $1.8B | $6.5M |
| Stockholders' EquityBook value | $3.2B | $1.8B |
| Total Assets | $7.0B | $2.8B |
| Debt / EquityLower = less leverage | 0.56× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $184.1M | ||
| Q3 25 | $2.4B | $301.8M | ||
| Q2 25 | $2.1B | $257.8M | ||
| Q1 25 | $2.2B | $181.4M | ||
| Q4 24 | $788.1M | $104.7M | ||
| Q3 24 | $1.0B | $414.8M | ||
| Q2 24 | $968.9M | $508.4M | ||
| Q1 24 | $964.1M | $507.8M |
| Q4 25 | $1.8B | $6.5M | ||
| Q3 25 | $2.0B | $6.9M | ||
| Q2 25 | $2.0B | $6.8M | ||
| Q1 25 | $2.0B | $3.0M | ||
| Q4 24 | $680.3M | $213.9M | ||
| Q3 24 | — | $402.5M | ||
| Q2 24 | — | $402.7M | ||
| Q1 24 | — | $402.8M |
| Q4 25 | $3.2B | $1.8B | ||
| Q3 25 | $3.0B | $1.7B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.3B | $1.6B | ||
| Q3 24 | $2.1B | $1.5B | ||
| Q2 24 | $1.9B | $1.5B | ||
| Q1 24 | $1.8B | $1.6B |
| Q4 25 | $7.0B | $2.8B | ||
| Q3 25 | $6.7B | $2.7B | ||
| Q2 25 | $6.2B | $2.4B | ||
| Q1 25 | $6.1B | $2.5B | ||
| Q4 24 | $4.5B | $2.8B | ||
| Q3 24 | $4.0B | $2.7B | ||
| Q2 24 | $3.7B | $2.6B | ||
| Q1 24 | $3.6B | $2.7B |
| Q4 25 | 0.56× | 0.00× | ||
| Q3 25 | 0.66× | 0.00× | ||
| Q2 25 | 0.73× | 0.00× | ||
| Q1 25 | 0.79× | 0.00× | ||
| Q4 24 | 0.29× | 0.13× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.26× | ||
| Q1 24 | — | 0.26× |
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 | $217.2M | $-97.3M |
| Free Cash FlowOCF − Capex | $155.4M | $-106.4M |
| FCF MarginFCF / Revenue | 19.5% | -10.8% |
| Capex IntensityCapex / Revenue | 7.8% | 0.9% |
| Cash ConversionOCF / Net Profit | 79.14× | -1.21× |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $367.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.2M | $-97.3M | ||
| Q3 25 | $60.0M | $75.1M | ||
| Q2 25 | $-91.7M | $93.8M | ||
| Q1 25 | $25.8M | $333.4M | ||
| Q4 24 | $250.2M | $-111.8M | ||
| Q3 24 | $91.3M | $49.3M | ||
| Q2 24 | $82.8M | $45.5M | ||
| Q1 24 | $-15.9M | $361.3M |
| Q4 25 | $155.4M | $-106.4M | ||
| Q3 25 | $33.4M | $64.7M | ||
| Q2 25 | $-114.7M | $85.7M | ||
| Q1 25 | $932.0K | $323.7M | ||
| Q4 24 | $225.4M | $-120.3M | ||
| Q3 24 | $64.8M | $38.8M | ||
| Q2 24 | $71.4M | $32.8M | ||
| Q1 24 | $-32.1M | $352.3M |
| Q4 25 | 19.5% | -10.8% | ||
| Q3 25 | 4.7% | 10.6% | ||
| Q2 25 | -17.2% | 14.7% | ||
| Q1 25 | 0.2% | 38.6% | ||
| Q4 24 | 39.3% | -11.1% | ||
| Q3 24 | 11.9% | 6.0% | ||
| Q2 24 | 14.2% | 5.4% | ||
| Q1 24 | -7.0% | 46.1% |
| Q4 25 | 7.8% | 0.9% | ||
| Q3 25 | 3.7% | 1.7% | ||
| Q2 25 | 3.4% | 1.4% | ||
| Q1 25 | 4.1% | 1.2% | ||
| Q4 24 | 4.3% | 0.8% | ||
| Q3 24 | 4.9% | 1.6% | ||
| Q2 24 | 2.2% | 2.1% | ||
| Q1 24 | 3.5% | 1.2% |
| Q4 25 | 79.14× | -1.21× | ||
| Q3 25 | — | 6.86× | ||
| Q2 25 | -2.54× | 12.09× | ||
| Q1 25 | 0.29× | 6.83× | ||
| Q4 24 | 1.84× | -0.97× | ||
| Q3 24 | 1.36× | 2.04× | ||
| Q2 24 | 2.03× | 7.84× | ||
| Q1 24 | -0.12× | 12.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXON
| Software And Sensors Segment | $342.5M | 43% |
| TASER Devices Professional | $264.2M | 33% |
| Personal Sensors | $109.1M | 14% |
| Platform Solutions | $80.9M | 10% |
GIII
| Proprietary Brands | $498.1M | 50% |
| Licensed Brands | $479.2M | 48% |
| Retail Segment | $45.7M | 5% |
