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Side-by-side financial comparison of Axon Enterprise (AXON) and NATIONAL PRESTO INDUSTRIES INC (NPK). Click either name above to swap in a different company.

Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $164.0M, roughly 4.9× NATIONAL PRESTO INDUSTRIES INC). On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs 21.7%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $12.4M). Over the past eight quarters, NATIONAL PRESTO INDUSTRIES INC's revenue compounded faster (46.3% CAGR vs 31.5%).

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

National Presto Industries is a company founded in 1905 in Eau Claire, Wisconsin. Originally called "Northwestern Steel and Iron Works" the company changed its name to the "National Pressure Cooker Company" in 1929 and then National Presto Industries, Inc. 1953. The company originally produced pressure canners for commercial, and later home, use. Beginning in 1939, the company introduced small home-use cooking appliances. The company was admitted to the New York Stock Exchange on March 3, 1969.

AXON vs NPK — Head-to-Head

Bigger by revenue
AXON
AXON
4.9× larger
AXON
$796.7M
$164.0M
NPK
Growing faster (revenue YoY)
AXON
AXON
+17.2% gap
AXON
38.9%
21.7%
NPK
More free cash flow
AXON
AXON
$143.0M more FCF
AXON
$155.4M
$12.4M
NPK
Faster 2-yr revenue CAGR
NPK
NPK
Annualised
NPK
46.3%
31.5%
AXON

Income Statement — Q4 2025 vs Q4 2025

Metric
AXON
AXON
NPK
NPK
Revenue
$796.7M
$164.0M
Net Profit
$2.7M
Gross Margin
57.9%
16.9%
Operating Margin
-6.3%
11.4%
Net Margin
0.3%
Revenue YoY
38.9%
21.7%
Net Profit YoY
-98.0%
EPS (diluted)
$0.02

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
NPK
NPK
Q4 25
$796.7M
$164.0M
Q3 25
$710.6M
$115.5M
Q2 25
$668.5M
$120.4M
Q1 25
$603.6M
$103.6M
Q4 24
$573.4M
$134.7M
Q3 24
$544.3M
$91.8M
Q2 24
$504.1M
$85.1M
Q1 24
$460.7M
$76.7M
Net Profit
AXON
AXON
NPK
NPK
Q4 25
$2.7M
Q3 25
$-2.2M
$5.3M
Q2 25
$36.1M
$5.2M
Q1 25
$88.0M
$7.6M
Q4 24
$136.0M
Q3 24
$67.0M
$8.1M
Q2 24
$40.8M
$6.1M
Q1 24
$133.2M
$6.6M
Gross Margin
AXON
AXON
NPK
NPK
Q4 25
57.9%
16.9%
Q3 25
60.1%
13.9%
Q2 25
60.4%
15.4%
Q1 25
60.6%
17.5%
Q4 24
60.5%
24.3%
Q3 24
60.8%
18.8%
Q2 24
60.3%
17.3%
Q1 24
56.4%
18.1%
Operating Margin
AXON
AXON
NPK
NPK
Q4 25
-6.3%
11.4%
Q3 25
-0.3%
5.6%
Q2 25
-0.2%
5.1%
Q1 25
-1.5%
8.8%
Q4 24
-2.6%
17.3%
Q3 24
4.4%
10.0%
Q2 24
6.5%
7.5%
Q1 24
3.5%
8.2%
Net Margin
AXON
AXON
NPK
NPK
Q4 25
0.3%
Q3 25
-0.3%
4.6%
Q2 25
5.4%
4.3%
Q1 25
14.6%
7.3%
Q4 24
23.7%
Q3 24
12.3%
8.8%
Q2 24
8.1%
7.1%
Q1 24
28.9%
8.6%
EPS (diluted)
AXON
AXON
NPK
NPK
Q4 25
$0.02
Q3 25
$-0.03
Q2 25
$0.44
Q1 25
$1.08
Q4 24
$1.68
Q3 24
$0.86
Q2 24
$0.53
Q1 24
$1.73

Balance Sheet & Financial Strength

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

Metric
AXON
AXON
NPK
NPK
Cash + ST InvestmentsLiquidity on hand
$1.7B
$3.8M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$3.2B
$395.1M
Total Assets
$7.0B
$500.7M
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXON
AXON
NPK
NPK
Q4 25
$1.7B
$3.8M
Q3 25
$2.4B
$4.6M
Q2 25
$2.1B
$4.8M
Q1 25
$2.2B
$5.5M
Q4 24
$788.1M
$22.7M
Q3 24
$1.0B
$33.2M
Q2 24
$968.9M
$53.4M
Q1 24
$964.1M
$87.9M
Total Debt
AXON
AXON
NPK
NPK
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
NPK
NPK
Q4 25
$3.2B
$395.1M
Q3 25
$3.0B
$379.8M
Q2 25
$2.7B
$374.1M
Q1 25
$2.6B
$368.6M
Q4 24
$2.3B
$367.6M
Q3 24
$2.1B
$346.6M
Q2 24
$1.9B
$338.1M
Q1 24
$1.8B
$331.6M
Total Assets
AXON
AXON
NPK
NPK
Q4 25
$7.0B
$500.7M
Q3 25
$6.7B
$503.8M
Q2 25
$6.2B
$471.9M
Q1 25
$6.1B
$455.3M
Q4 24
$4.5B
$453.4M
Q3 24
$4.0B
$428.9M
Q2 24
$3.7B
$418.1M
Q1 24
$3.6B
$417.5M
Debt / Equity
AXON
AXON
NPK
NPK
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
NPK
NPK
Operating Cash FlowLast quarter
$217.2M
$13.9M
Free Cash FlowOCF − Capex
$155.4M
$12.4M
FCF MarginFCF / Revenue
19.5%
7.6%
Capex IntensityCapex / Revenue
7.8%
0.9%
Cash ConversionOCF / Net Profit
79.14×
TTM Free Cash FlowTrailing 4 quarters
$75.1M
$-36.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXON
AXON
NPK
NPK
Q4 25
$217.2M
$13.9M
Q3 25
$60.0M
$-24.6M
Q2 25
$-91.7M
$-10.9M
Q1 25
$25.8M
$12.5M
Q4 24
$250.2M
$-7.6M
Q3 24
$91.3M
$-17.5M
Q2 24
$82.8M
$-33.9M
Q1 24
$-15.9M
$5.6M
Free Cash Flow
AXON
AXON
NPK
NPK
Q4 25
$155.4M
$12.4M
Q3 25
$33.4M
$-24.7M
Q2 25
$-114.7M
$-13.4M
Q1 25
$932.0K
$-10.5M
Q4 24
$225.4M
$-11.3M
Q3 24
$64.8M
$-20.3M
Q2 24
$71.4M
$-34.5M
Q1 24
$-32.1M
$5.2M
FCF Margin
AXON
AXON
NPK
NPK
Q4 25
19.5%
7.6%
Q3 25
4.7%
-21.4%
Q2 25
-17.2%
-11.1%
Q1 25
0.2%
-10.2%
Q4 24
39.3%
-8.4%
Q3 24
11.9%
-22.1%
Q2 24
14.2%
-40.6%
Q1 24
-7.0%
6.7%
Capex Intensity
AXON
AXON
NPK
NPK
Q4 25
7.8%
0.9%
Q3 25
3.7%
0.1%
Q2 25
3.4%
2.0%
Q1 25
4.1%
22.2%
Q4 24
4.3%
2.7%
Q3 24
4.9%
3.1%
Q2 24
2.2%
0.8%
Q1 24
3.5%
0.5%
Cash Conversion
AXON
AXON
NPK
NPK
Q4 25
79.14×
Q3 25
-4.63×
Q2 25
-2.54×
-2.12×
Q1 25
0.29×
1.64×
Q4 24
1.84×
Q3 24
1.36×
-2.16×
Q2 24
2.03×
-5.58×
Q1 24
-0.12×
0.85×

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%

NPK
NPK

Segment breakdown not available.

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