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Side-by-side financial comparison of Axon Enterprise (AXON) and Massimo Group (MAMO). Click either name above to swap in a different company.

Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $21.0M, roughly 37.9× Massimo Group). Massimo Group runs the higher net margin — 9.5% vs 0.3%, a 9.1% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs 15.7%). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs -16.5%).

Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.

Massimo Dutti, S.A. is a Spanish premium clothing retailer specializing in cashmere and wool products, established in 1985 and owned by Spanish multinational company Inditex, the parent company of Zara, Pull&Bear, and other brands.

AXON vs MAMO — Head-to-Head

Bigger by revenue
AXON
AXON
37.9× larger
AXON
$796.7M
$21.0M
MAMO
Growing faster (revenue YoY)
AXON
AXON
+23.3% gap
AXON
38.9%
15.7%
MAMO
Higher net margin
MAMO
MAMO
9.1% more per $
MAMO
9.5%
0.3%
AXON
Faster 2-yr revenue CAGR
AXON
AXON
Annualised
AXON
31.5%
-16.5%
MAMO

Income Statement — Q4 2025 vs Q4 2025

Metric
AXON
AXON
MAMO
MAMO
Revenue
$796.7M
$21.0M
Net Profit
$2.7M
$2.0M
Gross Margin
57.9%
41.5%
Operating Margin
-6.3%
13.1%
Net Margin
0.3%
9.5%
Revenue YoY
38.9%
15.7%
Net Profit YoY
-98.0%
215.0%
EPS (diluted)
$0.02
$0.05

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
AXON
AXON
MAMO
MAMO
Q4 25
$796.7M
$21.0M
Q3 25
$710.6M
$17.0M
Q2 25
$668.5M
$18.9M
Q1 25
$603.6M
$14.9M
Q4 24
$573.4M
$18.2M
Q3 24
$544.3M
$25.6M
Q2 24
$504.1M
$35.4M
Q1 24
$460.7M
$30.2M
Net Profit
AXON
AXON
MAMO
MAMO
Q4 25
$2.7M
$2.0M
Q3 25
$-2.2M
$1.5M
Q2 25
$36.1M
$77.7K
Q1 25
$88.0M
$-2.1M
Q4 24
$136.0M
$-1.7M
Q3 24
$67.0M
$-2.5M
Q2 24
$40.8M
$2.8M
Q1 24
$133.2M
$3.2M
Gross Margin
AXON
AXON
MAMO
MAMO
Q4 25
57.9%
41.5%
Q3 25
60.1%
42.0%
Q2 25
60.4%
36.3%
Q1 25
60.6%
28.4%
Q4 24
60.5%
19.6%
Q3 24
60.8%
27.2%
Q2 24
60.3%
32.5%
Q1 24
56.4%
34.7%
Operating Margin
AXON
AXON
MAMO
MAMO
Q4 25
-6.3%
13.1%
Q3 25
-0.3%
10.5%
Q2 25
-0.2%
0.8%
Q1 25
-1.5%
-18.2%
Q4 24
-2.6%
-15.4%
Q3 24
4.4%
1.2%
Q2 24
6.5%
10.1%
Q1 24
3.5%
13.2%
Net Margin
AXON
AXON
MAMO
MAMO
Q4 25
0.3%
9.5%
Q3 25
-0.3%
9.0%
Q2 25
5.4%
0.4%
Q1 25
14.6%
-14.0%
Q4 24
23.7%
-9.5%
Q3 24
12.3%
-9.8%
Q2 24
8.1%
8.0%
Q1 24
28.9%
10.6%
EPS (diluted)
AXON
AXON
MAMO
MAMO
Q4 25
$0.02
$0.05
Q3 25
$-0.03
$0.04
Q2 25
$0.44
$0.00
Q1 25
$1.08
$-0.05
Q4 24
$1.68
$-0.05
Q3 24
$0.86
$-0.06
Q2 24
$0.53
$0.07
Q1 24
$1.73
$0.08

Balance Sheet & Financial Strength

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

Metric
AXON
AXON
MAMO
MAMO
Cash + ST InvestmentsLiquidity on hand
$1.7B
$5.8M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$3.2B
$23.7M
Total Assets
$7.0B
$51.4M
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXON
AXON
MAMO
MAMO
Q4 25
$1.7B
$5.8M
Q3 25
$2.4B
$2.6M
Q2 25
$2.1B
Q1 25
$2.2B
$3.0M
Q4 24
$788.1M
$10.2M
Q3 24
$1.0B
Q2 24
$968.9M
Q1 24
$964.1M
Total Debt
AXON
AXON
MAMO
MAMO
Q4 25
$1.8B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$680.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AXON
AXON
MAMO
MAMO
Q4 25
$3.2B
$23.7M
Q3 25
$3.0B
$21.7M
Q2 25
$2.7B
$20.2M
Q1 25
$2.6B
$19.9M
Q4 24
$2.3B
$21.7M
Q3 24
$2.1B
$22.5M
Q2 24
$1.9B
$24.7M
Q1 24
$1.8B
$18.1M
Total Assets
AXON
AXON
MAMO
MAMO
Q4 25
$7.0B
$51.4M
Q3 25
$6.7B
$44.4M
Q2 25
$6.2B
$45.9M
Q1 25
$6.1B
$46.4M
Q4 24
$4.5B
$54.9M
Q3 24
$4.0B
$57.1M
Q2 24
$3.7B
$49.9M
Q1 24
$3.6B
$47.3M
Debt / Equity
AXON
AXON
MAMO
MAMO
Q4 25
0.56×
Q3 25
0.66×
Q2 25
0.73×
Q1 25
0.79×
Q4 24
0.29×
Q3 24
Q2 24
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
AXON
AXON
MAMO
MAMO
Operating Cash FlowLast quarter
$217.2M
$4.0M
Free Cash FlowOCF − Capex
$155.4M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
79.14×
2.01×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXON
AXON
MAMO
MAMO
Q4 25
$217.2M
$4.0M
Q3 25
$60.0M
$633.2K
Q2 25
$-91.7M
$-1.4M
Q1 25
$25.8M
$-3.3M
Q4 24
$250.2M
$9.1M
Q3 24
$91.3M
$4.7M
Q2 24
$82.8M
$-6.5M
Q1 24
$-15.9M
$-637.0K
Free Cash Flow
AXON
AXON
MAMO
MAMO
Q4 25
$155.4M
Q3 25
$33.4M
Q2 25
$-114.7M
Q1 25
$932.0K
Q4 24
$225.4M
$9.0M
Q3 24
$64.8M
$4.6M
Q2 24
$71.4M
$-6.7M
Q1 24
$-32.1M
$-741.4K
FCF Margin
AXON
AXON
MAMO
MAMO
Q4 25
19.5%
Q3 25
4.7%
Q2 25
-17.2%
Q1 25
0.2%
Q4 24
39.3%
49.7%
Q3 24
11.9%
18.1%
Q2 24
14.2%
-19.0%
Q1 24
-7.0%
-2.5%
Capex Intensity
AXON
AXON
MAMO
MAMO
Q4 25
7.8%
Q3 25
3.7%
Q2 25
3.4%
Q1 25
4.1%
Q4 24
4.3%
0.2%
Q3 24
4.9%
0.3%
Q2 24
2.2%
0.7%
Q1 24
3.5%
0.3%
Cash Conversion
AXON
AXON
MAMO
MAMO
Q4 25
79.14×
2.01×
Q3 25
0.41×
Q2 25
-2.54×
-17.92×
Q1 25
0.29×
Q4 24
1.84×
Q3 24
1.36×
Q2 24
2.03×
-2.30×
Q1 24
-0.12×
-0.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXON
AXON

Software And Sensors Segment$342.5M43%
TASER Devices Professional$264.2M33%
Personal Sensors$109.1M14%
Platform Solutions$80.9M10%

MAMO
MAMO

Segment breakdown not available.

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