vs

Side-by-side financial comparison of Axon Enterprise (AXON) and Park Hotels & Resorts Inc. (PK). Click either name above to swap in a different company.

Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $629.0M, roughly 1.3× Park Hotels & Resorts Inc.). Axon Enterprise runs the higher net margin — 0.3% vs -32.6%, a 32.9% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs 0.6%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $-3.0M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs -0.8%).

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

Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.

AXON vs PK — Head-to-Head

Bigger by revenue
AXON
AXON
1.3× larger
AXON
$796.7M
$629.0M
PK
Growing faster (revenue YoY)
AXON
AXON
+38.3% gap
AXON
38.9%
0.6%
PK
Higher net margin
AXON
AXON
32.9% more per $
AXON
0.3%
-32.6%
PK
More free cash flow
AXON
AXON
$158.4M more FCF
AXON
$155.4M
$-3.0M
PK
Faster 2-yr revenue CAGR
AXON
AXON
Annualised
AXON
31.5%
-0.8%
PK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXON
AXON
PK
PK
Revenue
$796.7M
$629.0M
Net Profit
$2.7M
$-205.0M
Gross Margin
57.9%
Operating Margin
-6.3%
-26.1%
Net Margin
0.3%
-32.6%
Revenue YoY
38.9%
0.6%
Net Profit YoY
-98.0%
-410.6%
EPS (diluted)
$0.02
$-1.04

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
PK
PK
Q4 25
$796.7M
$629.0M
Q3 25
$710.6M
$610.0M
Q2 25
$668.5M
$672.0M
Q1 25
$603.6M
$630.0M
Q4 24
$573.4M
$625.0M
Q3 24
$544.3M
$649.0M
Q2 24
$504.1M
$686.0M
Q1 24
$460.7M
$639.0M
Net Profit
AXON
AXON
PK
PK
Q4 25
$2.7M
$-205.0M
Q3 25
$-2.2M
$-16.0M
Q2 25
$36.1M
$-5.0M
Q1 25
$88.0M
$-57.0M
Q4 24
$136.0M
$66.0M
Q3 24
$67.0M
$54.0M
Q2 24
$40.8M
$64.0M
Q1 24
$133.2M
$28.0M
Gross Margin
AXON
AXON
PK
PK
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%
Operating Margin
AXON
AXON
PK
PK
Q4 25
-6.3%
-26.1%
Q3 25
-0.3%
9.7%
Q2 25
-0.2%
9.7%
Q1 25
-1.5%
1.1%
Q4 24
-2.6%
13.3%
Q3 24
4.4%
14.6%
Q2 24
6.5%
17.6%
Q1 24
3.5%
14.4%
Net Margin
AXON
AXON
PK
PK
Q4 25
0.3%
-32.6%
Q3 25
-0.3%
-2.6%
Q2 25
5.4%
-0.7%
Q1 25
14.6%
-9.0%
Q4 24
23.7%
10.6%
Q3 24
12.3%
8.3%
Q2 24
8.1%
9.3%
Q1 24
28.9%
4.4%
EPS (diluted)
AXON
AXON
PK
PK
Q4 25
$0.02
$-1.04
Q3 25
$-0.03
$-0.08
Q2 25
$0.44
$-0.02
Q1 25
$1.08
$-0.29
Q4 24
$1.68
$0.32
Q3 24
$0.86
$0.26
Q2 24
$0.53
$0.30
Q1 24
$1.73
$0.13

Balance Sheet & Financial Strength

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

Metric
AXON
AXON
PK
PK
Cash + ST InvestmentsLiquidity on hand
$1.7B
$232.0M
Total DebtLower is stronger
$1.8B
$3.9B
Stockholders' EquityBook value
$3.2B
$3.1B
Total Assets
$7.0B
$7.7B
Debt / EquityLower = less leverage
0.56×
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXON
AXON
PK
PK
Q4 25
$1.7B
$232.0M
Q3 25
$2.4B
$278.0M
Q2 25
$2.1B
$319.0M
Q1 25
$2.2B
$233.0M
Q4 24
$788.1M
$402.0M
Q3 24
$1.0B
$480.0M
Q2 24
$968.9M
$449.0M
Q1 24
$964.1M
$378.0M
Total Debt
AXON
AXON
PK
PK
Q4 25
$1.8B
$3.9B
Q3 25
$2.0B
$3.9B
Q2 25
$2.0B
$3.9B
Q1 25
$2.0B
$3.9B
Q4 24
$680.3M
$3.9B
Q3 24
$3.9B
Q2 24
$3.9B
Q1 24
$3.8B
Stockholders' Equity
AXON
AXON
PK
PK
Q4 25
$3.2B
$3.1B
Q3 25
$3.0B
$3.4B
Q2 25
$2.7B
$3.4B
Q1 25
$2.6B
$3.5B
Q4 24
$2.3B
$3.6B
Q3 24
$2.1B
$3.8B
Q2 24
$1.9B
$3.8B
Q1 24
$1.8B
$3.8B
Total Assets
AXON
AXON
PK
PK
Q4 25
$7.0B
$7.7B
Q3 25
$6.7B
$8.8B
Q2 25
$6.2B
$8.9B
Q1 25
$6.1B
$8.9B
Q4 24
$4.5B
$9.2B
Q3 24
$4.0B
$9.2B
Q2 24
$3.7B
$9.2B
Q1 24
$3.6B
$9.1B
Debt / Equity
AXON
AXON
PK
PK
Q4 25
0.56×
1.23×
Q3 25
0.66×
1.14×
Q2 25
0.73×
1.12×
Q1 25
0.79×
1.11×
Q4 24
0.29×
1.06×
Q3 24
1.03×
Q2 24
1.03×
Q1 24
1.00×

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
PK
PK
Operating Cash FlowLast quarter
$217.2M
$105.0M
Free Cash FlowOCF − Capex
$155.4M
$-3.0M
FCF MarginFCF / Revenue
19.5%
-0.5%
Capex IntensityCapex / Revenue
7.8%
17.2%
Cash ConversionOCF / Net Profit
79.14×
TTM Free Cash FlowTrailing 4 quarters
$75.1M
$102.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXON
AXON
PK
PK
Q4 25
$217.2M
$105.0M
Q3 25
$60.0M
$99.0M
Q2 25
$-91.7M
$108.0M
Q1 25
$25.8M
$86.0M
Q4 24
$250.2M
$80.0M
Q3 24
$91.3M
$140.0M
Q2 24
$82.8M
$117.0M
Q1 24
$-15.9M
$92.0M
Free Cash Flow
AXON
AXON
PK
PK
Q4 25
$155.4M
$-3.0M
Q3 25
$33.4M
$31.0M
Q2 25
$-114.7M
$65.0M
Q1 25
$932.0K
$9.0M
Q4 24
$225.4M
$17.0M
Q3 24
$64.8M
$97.0M
Q2 24
$71.4M
$66.0M
Q1 24
$-32.1M
$22.0M
FCF Margin
AXON
AXON
PK
PK
Q4 25
19.5%
-0.5%
Q3 25
4.7%
5.1%
Q2 25
-17.2%
9.7%
Q1 25
0.2%
1.4%
Q4 24
39.3%
2.7%
Q3 24
11.9%
14.9%
Q2 24
14.2%
9.6%
Q1 24
-7.0%
3.4%
Capex Intensity
AXON
AXON
PK
PK
Q4 25
7.8%
17.2%
Q3 25
3.7%
11.1%
Q2 25
3.4%
6.4%
Q1 25
4.1%
12.2%
Q4 24
4.3%
10.1%
Q3 24
4.9%
6.6%
Q2 24
2.2%
7.4%
Q1 24
3.5%
11.0%
Cash Conversion
AXON
AXON
PK
PK
Q4 25
79.14×
Q3 25
Q2 25
-2.54×
Q1 25
0.29×
Q4 24
1.84×
1.21×
Q3 24
1.36×
2.59×
Q2 24
2.03×
1.83×
Q1 24
-0.12×
3.29×

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%

PK
PK

Occupancy$371.0M59%
Food And Beverage$173.0M28%
Ancillary Hotel$61.0M10%
Hotel Other$24.0M4%

Related Comparisons