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Side-by-side financial comparison of Axon Enterprise (AXON) and Performance Shipping Inc. (PSHG). Click either name above to swap in a different company.

Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $65.8K, roughly 12114.2× Performance Shipping Inc.). Performance Shipping Inc. runs the higher net margin — 51.7% vs 0.3%, a 51.4% gap on every dollar of revenue.

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

Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.

AXON vs PSHG — Head-to-Head

Bigger by revenue
AXON
AXON
12114.2× larger
AXON
$796.7M
$65.8K
PSHG
Higher net margin
PSHG
PSHG
51.4% more per $
PSHG
51.7%
0.3%
AXON

Income Statement — Q4 2025 vs Q3 2025

Metric
AXON
AXON
PSHG
PSHG
Revenue
$796.7M
$65.8K
Net Profit
$2.7M
$34.0K
Gross Margin
57.9%
Operating Margin
-6.3%
50.0%
Net Margin
0.3%
51.7%
Revenue YoY
38.9%
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
PSHG
PSHG
Q4 25
$796.7M
Q3 25
$710.6M
$65.8K
Q2 25
$668.5M
$39.5M
Q1 25
$603.6M
$22.4K
Q4 24
$573.4M
Q3 24
$544.3M
$85.1K
Q2 24
$504.1M
$42.9M
Q1 24
$460.7M
$29.5K
Net Profit
AXON
AXON
PSHG
PSHG
Q4 25
$2.7M
Q3 25
$-2.2M
$34.0K
Q2 25
$36.1M
$38.5M
Q1 25
$88.0M
$11.4K
Q4 24
$136.0M
Q3 24
$67.0M
$44.5K
Q2 24
$40.8M
$21.6M
Q1 24
$133.2M
$15.7K
Gross Margin
AXON
AXON
PSHG
PSHG
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
PSHG
PSHG
Q4 25
-6.3%
Q3 25
-0.3%
50.0%
Q2 25
-0.2%
93.3%
Q1 25
-1.5%
50.3%
Q4 24
-2.6%
Q3 24
4.4%
58.0%
Q2 24
6.5%
49.1%
Q1 24
3.5%
59.2%
Net Margin
AXON
AXON
PSHG
PSHG
Q4 25
0.3%
Q3 25
-0.3%
51.7%
Q2 25
5.4%
97.5%
Q1 25
14.6%
51.1%
Q4 24
23.7%
Q3 24
12.3%
52.2%
Q2 24
8.1%
50.4%
Q1 24
28.9%
53.2%
EPS (diluted)
AXON
AXON
PSHG
PSHG
Q4 25
$0.02
Q3 25
$-0.03
Q2 25
$0.44
$1.00
Q1 25
$1.08
Q4 24
$1.68
Q3 24
$0.86
Q2 24
$0.53
$0.55
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
PSHG
PSHG
Cash + ST InvestmentsLiquidity on hand
$1.7B
$71.3K
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$3.2B
$275.2K
Total Assets
$7.0B
$330.4K
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXON
AXON
PSHG
PSHG
Q4 25
$1.7B
Q3 25
$2.4B
$71.3K
Q2 25
$2.1B
$95.8M
Q1 25
$2.2B
$71.3K
Q4 24
$788.1M
Q3 24
$1.0B
$68.3K
Q2 24
$968.9M
$61.7M
Q1 24
$964.1M
$68.3K
Total Debt
AXON
AXON
PSHG
PSHG
Q4 25
$1.8B
Q3 25
$2.0B
Q2 25
$2.0B
$43.7M
Q1 25
$2.0B
Q4 24
$680.3M
Q3 24
Q2 24
$51.2M
Q1 24
Stockholders' Equity
AXON
AXON
PSHG
PSHG
Q4 25
$3.2B
Q3 25
$3.0B
$275.2K
Q2 25
$2.7B
$312.8M
Q1 25
$2.6B
$275.2K
Q4 24
$2.3B
Q3 24
$2.1B
$233.2K
Q2 24
$1.9B
$254.0M
Q1 24
$1.8B
$233.2K
Total Assets
AXON
AXON
PSHG
PSHG
Q4 25
$7.0B
Q3 25
$6.7B
$330.4K
Q2 25
$6.2B
$363.8M
Q1 25
$6.1B
$330.4K
Q4 24
$4.5B
Q3 24
$4.0B
$296.3K
Q2 24
$3.7B
$310.5M
Q1 24
$3.6B
$296.3K
Debt / Equity
AXON
AXON
PSHG
PSHG
Q4 25
0.56×
Q3 25
0.66×
Q2 25
0.73×
0.14×
Q1 25
0.79×
Q4 24
0.29×
Q3 24
Q2 24
0.20×
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
PSHG
PSHG
Operating Cash FlowLast quarter
$217.2M
$47.8K
Free Cash FlowOCF − Capex
$155.4M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
79.14×
1.41×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXON
AXON
PSHG
PSHG
Q4 25
$217.2M
Q3 25
$60.0M
$47.8K
Q2 25
$-91.7M
$26.8M
Q1 25
$25.8M
$17.3K
Q4 24
$250.2M
Q3 24
$91.3M
$58.7K
Q2 24
$82.8M
$31.7M
Q1 24
$-15.9M
$18.7K
Free Cash Flow
AXON
AXON
PSHG
PSHG
Q4 25
$155.4M
Q3 25
$33.4M
Q2 25
$-114.7M
Q1 25
$932.0K
Q4 24
$225.4M
Q3 24
$64.8M
Q2 24
$71.4M
Q1 24
$-32.1M
FCF Margin
AXON
AXON
PSHG
PSHG
Q4 25
19.5%
Q3 25
4.7%
Q2 25
-17.2%
Q1 25
0.2%
Q4 24
39.3%
Q3 24
11.9%
Q2 24
14.2%
Q1 24
-7.0%
Capex Intensity
AXON
AXON
PSHG
PSHG
Q4 25
7.8%
Q3 25
3.7%
Q2 25
3.4%
Q1 25
4.1%
Q4 24
4.3%
Q3 24
4.9%
Q2 24
2.2%
0.0%
Q1 24
3.5%
Cash Conversion
AXON
AXON
PSHG
PSHG
Q4 25
79.14×
Q3 25
1.41×
Q2 25
-2.54×
0.70×
Q1 25
0.29×
1.52×
Q4 24
1.84×
Q3 24
1.36×
1.32×
Q2 24
2.03×
1.47×
Q1 24
-0.12×
1.19×

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%

PSHG
PSHG

Segment breakdown not available.

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