vs
Side-by-side financial comparison of Axon Enterprise (AXON) and Koppers Holdings Inc. (KOP). Click either name above to swap in a different company.
Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $432.7M, roughly 1.8× Koppers Holdings Inc.). Koppers Holdings Inc. runs the higher net margin — 6.9% vs 0.3%, a 6.5% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs -9.3%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $28.5M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs -6.7%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
Koppers is a global chemical and materials company based in Pittsburgh, Pennsylvania, United States. Its headquarters is an art-deco 1920s skyscraper, the Koppers Tower.
AXON vs KOP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $432.7M |
| Net Profit | $2.7M | $29.7M |
| Gross Margin | 57.9% | 25.6% |
| Operating Margin | -6.3% | 11.5% |
| Net Margin | 0.3% | 6.9% |
| Revenue YoY | 38.9% | -9.3% |
| Net Profit YoY | -98.0% | 391.2% |
| EPS (diluted) | $0.02 | $1.44 |
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 | $432.7M | ||
| Q3 25 | $710.6M | $485.3M | ||
| Q2 25 | $668.5M | $504.8M | ||
| Q1 25 | $603.6M | $456.5M | ||
| Q4 24 | $573.4M | $477.0M | ||
| Q3 24 | $544.3M | $554.3M | ||
| Q2 24 | $504.1M | $563.2M | ||
| Q1 24 | $460.7M | $497.6M |
| Q4 25 | $2.7M | $29.7M | ||
| Q3 25 | $-2.2M | $23.8M | ||
| Q2 25 | $36.1M | $16.4M | ||
| Q1 25 | $88.0M | $-13.9M | ||
| Q4 24 | $136.0M | $-10.2M | ||
| Q3 24 | $67.0M | $22.8M | ||
| Q2 24 | $40.8M | $26.8M | ||
| Q1 24 | $133.2M | $13.0M |
| Q4 25 | 57.9% | 25.6% | ||
| Q3 25 | 60.1% | 24.1% | ||
| Q2 25 | 60.4% | 22.6% | ||
| Q1 25 | 60.6% | 23.2% | ||
| Q4 24 | 60.5% | 17.5% | ||
| Q3 24 | 60.8% | 21.9% | ||
| Q2 24 | 60.3% | 21.6% | ||
| Q1 24 | 56.4% | 19.3% |
| Q4 25 | -6.3% | 11.5% | ||
| Q3 25 | -0.3% | 10.7% | ||
| Q2 25 | -0.2% | 7.7% | ||
| Q1 25 | -1.5% | 5.9% | ||
| Q4 24 | -2.6% | 1.3% | ||
| Q3 24 | 4.4% | 9.0% | ||
| Q2 24 | 6.5% | 10.2% | ||
| Q1 24 | 3.5% | 7.0% |
| Q4 25 | 0.3% | 6.9% | ||
| Q3 25 | -0.3% | 4.9% | ||
| Q2 25 | 5.4% | 3.2% | ||
| Q1 25 | 14.6% | -3.0% | ||
| Q4 24 | 23.7% | -2.1% | ||
| Q3 24 | 12.3% | 4.1% | ||
| Q2 24 | 8.1% | 4.8% | ||
| Q1 24 | 28.9% | 2.6% |
| Q4 25 | $0.02 | $1.44 | ||
| Q3 25 | $-0.03 | $1.17 | ||
| Q2 25 | $0.44 | $0.81 | ||
| Q1 25 | $1.08 | $-0.68 | ||
| Q4 24 | $1.68 | $-0.47 | ||
| Q3 24 | $0.86 | $1.09 | ||
| Q2 24 | $0.53 | $1.25 | ||
| 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 | — |
| Total DebtLower is stronger | $1.8B | $928.3M |
| Stockholders' EquityBook value | $3.2B | $574.0M |
| Total Assets | $7.0B | $1.9B |
| Debt / EquityLower = less leverage | 0.56× | 1.62× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $788.1M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $968.9M | — | ||
| Q1 24 | $964.1M | — |
| Q4 25 | $1.8B | $928.3M | ||
| Q3 25 | $2.0B | $932.9M | ||
| Q2 25 | $2.0B | $977.5M | ||
| Q1 25 | $2.0B | $989.0M | ||
| Q4 24 | $680.3M | $939.5M | ||
| Q3 24 | — | $989.4M | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $877.6M |
| Q4 25 | $3.2B | $574.0M | ||
| Q3 25 | $3.0B | $545.6M | ||
| Q2 25 | $2.7B | $526.8M | ||
| Q1 25 | $2.6B | $498.0M | ||
| Q4 24 | $2.3B | $488.7M | ||
| Q3 24 | $2.1B | $532.3M | ||
| Q2 24 | $1.9B | $509.2M | ||
| Q1 24 | $1.8B | $505.8M |
| Q4 25 | $7.0B | $1.9B | ||
| Q3 25 | $6.7B | $1.9B | ||
| Q2 25 | $6.2B | $1.9B | ||
| Q1 25 | $6.1B | $1.9B | ||
| Q4 24 | $4.5B | $1.9B | ||
| Q3 24 | $4.0B | $2.0B | ||
| Q2 24 | $3.7B | $1.9B | ||
| Q1 24 | $3.6B | $1.8B |
| Q4 25 | 0.56× | 1.62× | ||
| Q3 25 | 0.66× | 1.71× | ||
| Q2 25 | 0.73× | 1.86× | ||
| Q1 25 | 0.79× | 1.99× | ||
| Q4 24 | 0.29× | 1.92× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 1.97× | ||
| Q1 24 | — | 1.74× |
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 | $45.1M |
| Free Cash FlowOCF − Capex | $155.4M | $28.5M |
| FCF MarginFCF / Revenue | 19.5% | 6.6% |
| Capex IntensityCapex / Revenue | 7.8% | 3.8% |
| Cash ConversionOCF / Net Profit | 79.14× | 1.52× |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $67.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.2M | $45.1M | ||
| Q3 25 | $60.0M | $49.6M | ||
| Q2 25 | $-91.7M | $50.5M | ||
| Q1 25 | $25.8M | $-22.7M | ||
| Q4 24 | $250.2M | $74.7M | ||
| Q3 24 | $91.3M | $29.8M | ||
| Q2 24 | $82.8M | $27.2M | ||
| Q1 24 | $-15.9M | $-12.3M |
| Q4 25 | $155.4M | $28.5M | ||
| Q3 25 | $33.4M | $37.6M | ||
| Q2 25 | $-114.7M | $38.4M | ||
| Q1 25 | $932.0K | $-37.0M | ||
| Q4 24 | $225.4M | $56.1M | ||
| Q3 24 | $64.8M | $14.4M | ||
| Q2 24 | $71.4M | $10.1M | ||
| Q1 24 | $-32.1M | $-38.6M |
| Q4 25 | 19.5% | 6.6% | ||
| Q3 25 | 4.7% | 7.7% | ||
| Q2 25 | -17.2% | 7.6% | ||
| Q1 25 | 0.2% | -8.1% | ||
| Q4 24 | 39.3% | 11.8% | ||
| Q3 24 | 11.9% | 2.6% | ||
| Q2 24 | 14.2% | 1.8% | ||
| Q1 24 | -7.0% | -7.8% |
| Q4 25 | 7.8% | 3.8% | ||
| Q3 25 | 3.7% | 2.5% | ||
| Q2 25 | 3.4% | 2.4% | ||
| Q1 25 | 4.1% | 3.1% | ||
| Q4 24 | 4.3% | 3.9% | ||
| Q3 24 | 4.9% | 2.8% | ||
| Q2 24 | 2.2% | 3.0% | ||
| Q1 24 | 3.5% | 5.3% |
| Q4 25 | 79.14× | 1.52× | ||
| Q3 25 | — | 2.08× | ||
| Q2 25 | -2.54× | 3.08× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | 1.31× | ||
| Q2 24 | 2.03× | 1.01× | ||
| Q1 24 | -0.12× | -0.95× |
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% |
KOP
| Other | $127.8M | 30% |
| Railroad Treated Products | $119.0M | 28% |
| Utility Poles | $79.8M | 18% |
| Pitch And Related Products | $74.1M | 17% |
| Carbon Black Feedstock And Distillates | $14.4M | 3% |
| Railroad Infrastructure Products And Services | $9.9M | 2% |
| Phthalic Anhydride Naphthalene And Other Chemicals | $7.7M | 2% |
