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Side-by-side financial comparison of Axon Enterprise (AXON) and Noble Corp plc (NE). Click either name above to swap in a different company.
Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $764.4M, roughly 1.0× Noble Corp plc). Noble Corp plc runs the higher net margin — 11.3% vs 0.3%, a 11.0% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs -17.6%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $35.4M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs 9.5%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
AXON vs NE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $764.4M |
| Net Profit | $2.7M | $86.6M |
| Gross Margin | 57.9% | — |
| Operating Margin | -6.3% | 5.6% |
| Net Margin | 0.3% | 11.3% |
| Revenue YoY | 38.9% | -17.6% |
| Net Profit YoY | -98.0% | -10.4% |
| EPS (diluted) | $0.02 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $710.6M | $798.0M | ||
| Q2 25 | $668.5M | $848.7M | ||
| Q1 25 | $603.6M | $874.5M | ||
| Q4 24 | $573.4M | $927.3M | ||
| Q3 24 | $544.3M | $800.5M | ||
| Q2 24 | $504.1M | $692.8M | ||
| Q1 24 | $460.7M | $637.1M |
| Q4 25 | $2.7M | $86.6M | ||
| Q3 25 | $-2.2M | $-21.1M | ||
| Q2 25 | $36.1M | $42.9M | ||
| Q1 25 | $88.0M | $108.3M | ||
| Q4 24 | $136.0M | $96.6M | ||
| Q3 24 | $67.0M | $61.2M | ||
| Q2 24 | $40.8M | $195.0M | ||
| Q1 24 | $133.2M | $95.5M |
| Q4 25 | 57.9% | — | ||
| Q3 25 | 60.1% | — | ||
| Q2 25 | 60.4% | — | ||
| Q1 25 | 60.6% | — | ||
| Q4 24 | 60.5% | — | ||
| Q3 24 | 60.8% | — | ||
| Q2 24 | 60.3% | — | ||
| Q1 24 | 56.4% | — |
| Q4 25 | -6.3% | 5.6% | ||
| Q3 25 | -0.3% | 6.3% | ||
| Q2 25 | -0.2% | 15.9% | ||
| Q1 25 | -1.5% | 21.4% | ||
| Q4 24 | -2.6% | 18.4% | ||
| Q3 24 | 4.4% | 14.4% | ||
| Q2 24 | 6.5% | 30.3% | ||
| Q1 24 | 3.5% | 16.9% |
| Q4 25 | 0.3% | 11.3% | ||
| Q3 25 | -0.3% | -2.6% | ||
| Q2 25 | 5.4% | 5.1% | ||
| Q1 25 | 14.6% | 12.4% | ||
| Q4 24 | 23.7% | 10.4% | ||
| Q3 24 | 12.3% | 7.6% | ||
| Q2 24 | 8.1% | 28.1% | ||
| Q1 24 | 28.9% | 15.0% |
| Q4 25 | $0.02 | $0.54 | ||
| Q3 25 | $-0.03 | $-0.13 | ||
| Q2 25 | $0.44 | $0.27 | ||
| Q1 25 | $1.08 | $0.67 | ||
| Q4 24 | $1.68 | $0.56 | ||
| Q3 24 | $0.86 | $0.40 | ||
| Q2 24 | $0.53 | $1.34 | ||
| Q1 24 | $1.73 | $0.66 |
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 | $471.4M |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $3.2B | $4.5B |
| Total Assets | $7.0B | $7.5B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $471.4M | ||
| Q3 25 | $2.4B | $477.9M | ||
| Q2 25 | $2.1B | $338.2M | ||
| Q1 25 | $2.2B | $303.8M | ||
| Q4 24 | $788.1M | $247.3M | ||
| Q3 24 | $1.0B | $391.9M | ||
| Q2 24 | $968.9M | $162.9M | ||
| Q1 24 | $964.1M | $212.5M |
| 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 | — | — |
| Q4 25 | $3.2B | $4.5B | ||
| Q3 25 | $3.0B | $4.5B | ||
| Q2 25 | $2.7B | $4.6B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.3B | $4.7B | ||
| Q3 24 | $2.1B | $4.7B | ||
| Q2 24 | $1.9B | $4.0B | ||
| Q1 24 | $1.8B | $3.9B |
| Q4 25 | $7.0B | $7.5B | ||
| Q3 25 | $6.7B | $7.6B | ||
| Q2 25 | $6.2B | $7.7B | ||
| Q1 25 | $6.1B | $7.9B | ||
| Q4 24 | $4.5B | $8.0B | ||
| Q3 24 | $4.0B | $8.0B | ||
| Q2 24 | $3.7B | $5.6B | ||
| Q1 24 | $3.6B | $5.4B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $217.2M | $187.1M |
| Free Cash FlowOCF − Capex | $155.4M | $35.4M |
| FCF MarginFCF / Revenue | 19.5% | 4.6% |
| Capex IntensityCapex / Revenue | 7.8% | 19.9% |
| Cash ConversionOCF / Net Profit | 79.14× | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.2M | $187.1M | ||
| Q3 25 | $60.0M | $277.1M | ||
| Q2 25 | $-91.7M | $216.4M | ||
| Q1 25 | $25.8M | $271.1M | ||
| Q4 24 | $250.2M | $136.2M | ||
| Q3 24 | $91.3M | $283.8M | ||
| Q2 24 | $82.8M | $106.8M | ||
| Q1 24 | $-15.9M | $128.7M |
| Q4 25 | $155.4M | $35.4M | ||
| Q3 25 | $33.4M | $139.5M | ||
| Q2 25 | $-114.7M | $99.8M | ||
| Q1 25 | $932.0K | $157.5M | ||
| Q4 24 | $225.4M | $-4.4M | ||
| Q3 24 | $64.8M | $156.8M | ||
| Q2 24 | $71.4M | $-34.3M | ||
| Q1 24 | $-32.1M | $-37.9M |
| Q4 25 | 19.5% | 4.6% | ||
| Q3 25 | 4.7% | 17.5% | ||
| Q2 25 | -17.2% | 11.8% | ||
| Q1 25 | 0.2% | 18.0% | ||
| Q4 24 | 39.3% | -0.5% | ||
| Q3 24 | 11.9% | 19.6% | ||
| Q2 24 | 14.2% | -4.9% | ||
| Q1 24 | -7.0% | -6.0% |
| Q4 25 | 7.8% | 19.9% | ||
| Q3 25 | 3.7% | 17.3% | ||
| Q2 25 | 3.4% | 13.7% | ||
| Q1 25 | 4.1% | 13.0% | ||
| Q4 24 | 4.3% | 15.2% | ||
| Q3 24 | 4.9% | 15.9% | ||
| Q2 24 | 2.2% | 20.4% | ||
| Q1 24 | 3.5% | 26.2% |
| Q4 25 | 79.14× | 2.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | 5.05× | ||
| Q1 25 | 0.29× | 2.50× | ||
| Q4 24 | 1.84× | 1.41× | ||
| Q3 24 | 1.36× | 4.64× | ||
| Q2 24 | 2.03× | 0.55× | ||
| Q1 24 | -0.12× | 1.35× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
