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Side-by-side financial comparison of Axon Enterprise (AXON) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $796.7M, roughly 1.7× Axon Enterprise). SEALED AIR CORP runs the higher net margin — 3.1% vs 0.3%, a 2.8% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs 2.6%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $155.4M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs 2.7%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
AXON vs SEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $1.4B |
| Net Profit | $2.7M | $43.8M |
| Gross Margin | 57.9% | 28.6% |
| Operating Margin | -6.3% | 11.4% |
| Net Margin | 0.3% | 3.1% |
| Revenue YoY | 38.9% | 2.6% |
| Net Profit YoY | -98.0% | 700.0% |
| EPS (diluted) | $0.02 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $710.6M | $1.3B | ||
| Q2 25 | $668.5M | $1.3B | ||
| Q1 25 | $603.6M | $1.3B | ||
| Q4 24 | $573.4M | $1.4B | ||
| Q3 24 | $544.3M | $1.3B | ||
| Q2 24 | $504.1M | $1.3B | ||
| Q1 24 | $460.7M | $1.3B |
| Q4 25 | $2.7M | $43.8M | ||
| Q3 25 | $-2.2M | $255.1M | ||
| Q2 25 | $36.1M | $93.1M | ||
| Q1 25 | $88.0M | $113.5M | ||
| Q4 24 | $136.0M | $-7.3M | ||
| Q3 24 | $67.0M | $91.7M | ||
| Q2 24 | $40.8M | $98.3M | ||
| Q1 24 | $133.2M | $82.0M |
| Q4 25 | 57.9% | 28.6% | ||
| Q3 25 | 60.1% | 29.8% | ||
| Q2 25 | 60.4% | 30.7% | ||
| Q1 25 | 60.6% | 30.9% | ||
| Q4 24 | 60.5% | 30.0% | ||
| Q3 24 | 60.8% | 30.1% | ||
| Q2 24 | 60.3% | 31.2% | ||
| Q1 24 | 56.4% | 30.3% |
| Q4 25 | -6.3% | 11.4% | ||
| Q3 25 | -0.3% | 13.8% | ||
| Q2 25 | -0.2% | 15.0% | ||
| Q1 25 | -1.5% | 14.5% | ||
| Q4 24 | -2.6% | 11.7% | ||
| Q3 24 | 4.4% | 13.9% | ||
| Q2 24 | 6.5% | 15.4% | ||
| Q1 24 | 3.5% | 14.0% |
| Q4 25 | 0.3% | 3.1% | ||
| Q3 25 | -0.3% | 19.0% | ||
| Q2 25 | 5.4% | 7.0% | ||
| Q1 25 | 14.6% | 9.0% | ||
| Q4 24 | 23.7% | -0.5% | ||
| Q3 24 | 12.3% | 6.9% | ||
| Q2 24 | 8.1% | 7.4% | ||
| Q1 24 | 28.9% | 6.2% |
| Q4 25 | $0.02 | $0.30 | ||
| Q3 25 | $-0.03 | $1.73 | ||
| Q2 25 | $0.44 | $0.63 | ||
| Q1 25 | $1.08 | $0.77 | ||
| Q4 24 | $1.68 | $-0.05 | ||
| Q3 24 | $0.86 | $0.63 | ||
| Q2 24 | $0.53 | $0.67 | ||
| Q1 24 | $1.73 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | $1.8B | $3.3B |
| Stockholders' EquityBook value | $3.2B | $1.2B |
| Total Assets | $7.0B | $7.0B |
| Debt / EquityLower = less leverage | 0.56× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $344.0M | ||
| Q3 25 | $2.4B | $282.5M | ||
| Q2 25 | $2.1B | $354.4M | ||
| Q1 25 | $2.2B | $335.2M | ||
| Q4 24 | $788.1M | $371.8M | ||
| Q3 24 | $1.0B | $386.0M | ||
| Q2 24 | $968.9M | $388.6M | ||
| Q1 24 | $964.1M | $352.8M |
| Q4 25 | $1.8B | $3.3B | ||
| Q3 25 | $2.0B | $4.0B | ||
| Q2 25 | $2.0B | $4.0B | ||
| Q1 25 | $2.0B | $4.2B | ||
| Q4 24 | $680.3M | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.0B | $1.2B | ||
| Q2 25 | $2.7B | $953.1M | ||
| Q1 25 | $2.6B | $797.9M | ||
| Q4 24 | $2.3B | $624.5M | ||
| Q3 24 | $2.1B | $771.2M | ||
| Q2 24 | $1.9B | $650.1M | ||
| Q1 24 | $1.8B | $598.3M |
| Q4 25 | $7.0B | $7.0B | ||
| Q3 25 | $6.7B | $7.1B | ||
| Q2 25 | $6.2B | $7.2B | ||
| Q1 25 | $6.1B | $7.0B | ||
| Q4 24 | $4.5B | $7.0B | ||
| Q3 24 | $4.0B | $7.3B | ||
| Q2 24 | $3.7B | $7.3B | ||
| Q1 24 | $3.6B | $7.2B |
| Q4 25 | 0.56× | 2.65× | ||
| Q3 25 | 0.66× | 3.34× | ||
| Q2 25 | 0.73× | 4.18× | ||
| Q1 25 | 0.79× | 5.26× | ||
| Q4 24 | 0.29× | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× | ||
| Q1 24 | — | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $155.4M | $257.7M |
| FCF MarginFCF / Revenue | 19.5% | 18.5% |
| Capex IntensityCapex / Revenue | 7.8% | 2.6% |
| Cash ConversionOCF / Net Profit | 79.14× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.2M | $293.6M | ||
| Q3 25 | $60.0M | $165.9M | ||
| Q2 25 | $-91.7M | $136.6M | ||
| Q1 25 | $25.8M | $31.9M | ||
| Q4 24 | $250.2M | $244.2M | ||
| Q3 24 | $91.3M | $170.5M | ||
| Q2 24 | $82.8M | $188.2M | ||
| Q1 24 | $-15.9M | $125.1M |
| Q4 25 | $155.4M | $257.7M | ||
| Q3 25 | $33.4M | $119.6M | ||
| Q2 25 | $-114.7M | $93.2M | ||
| Q1 25 | $932.0K | $-12.0M | ||
| Q4 24 | $225.4M | $185.1M | ||
| Q3 24 | $64.8M | $115.2M | ||
| Q2 24 | $71.4M | $129.5M | ||
| Q1 24 | $-32.1M | $78.0M |
| Q4 25 | 19.5% | 18.5% | ||
| Q3 25 | 4.7% | 8.9% | ||
| Q2 25 | -17.2% | 7.0% | ||
| Q1 25 | 0.2% | -0.9% | ||
| Q4 24 | 39.3% | 13.6% | ||
| Q3 24 | 11.9% | 8.6% | ||
| Q2 24 | 14.2% | 9.7% | ||
| Q1 24 | -7.0% | 5.9% |
| Q4 25 | 7.8% | 2.6% | ||
| Q3 25 | 3.7% | 3.4% | ||
| Q2 25 | 3.4% | 3.3% | ||
| Q1 25 | 4.1% | 3.5% | ||
| Q4 24 | 4.3% | 4.4% | ||
| Q3 24 | 4.9% | 4.1% | ||
| Q2 24 | 2.2% | 4.4% | ||
| Q1 24 | 3.5% | 3.6% |
| Q4 25 | 79.14× | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | -2.54× | 1.47× | ||
| Q1 25 | 0.29× | 0.28× | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | 1.86× | ||
| Q2 24 | 2.03× | 1.91× | ||
| Q1 24 | -0.12× | 1.53× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
