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Side-by-side financial comparison of Axon Enterprise (AXON) and UDR, Inc. (UDR). Click either name above to swap in a different company.
Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $425.8M, roughly 1.9× UDR, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 0.3%, a 44.2% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs 0.9%). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs 1.3%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
AXON vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $425.8M |
| Net Profit | $2.7M | $189.8M |
| Gross Margin | 57.9% | — |
| Operating Margin | -6.3% | 54.0% |
| Net Margin | 0.3% | 44.6% |
| Revenue YoY | 38.9% | 0.9% |
| Net Profit YoY | -98.0% | 147.2% |
| EPS (diluted) | $0.02 | $0.63 |
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.
| Q1 26 | — | $425.8M | ||
| Q4 25 | $796.7M | $433.1M | ||
| Q3 25 | $710.6M | $431.9M | ||
| Q2 25 | $668.5M | $425.4M | ||
| Q1 25 | $603.6M | $421.9M | ||
| Q4 24 | $573.4M | $422.7M | ||
| Q3 24 | $544.3M | $420.2M | ||
| Q2 24 | $504.1M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $2.7M | $222.9M | ||
| Q3 25 | $-2.2M | $40.4M | ||
| Q2 25 | $36.1M | $37.7M | ||
| Q1 25 | $88.0M | $76.7M | ||
| Q4 24 | $136.0M | $-5.0M | ||
| Q3 24 | $67.0M | $22.6M | ||
| Q2 24 | $40.8M | $28.9M |
| Q1 26 | — | — | ||
| 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 26 | — | 54.0% | ||
| Q4 25 | -6.3% | 64.1% | ||
| Q3 25 | -0.3% | 17.7% | ||
| Q2 25 | -0.2% | 18.2% | ||
| Q1 25 | -1.5% | 29.0% | ||
| Q4 24 | -2.6% | 15.7% | ||
| Q3 24 | 4.4% | 16.6% | ||
| Q2 24 | 6.5% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | 0.3% | 51.5% | ||
| Q3 25 | -0.3% | 9.4% | ||
| Q2 25 | 5.4% | 8.9% | ||
| Q1 25 | 14.6% | 18.2% | ||
| Q4 24 | 23.7% | -220.5% | ||
| Q3 24 | 12.3% | 5.4% | ||
| Q2 24 | 8.1% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $0.02 | $0.67 | ||
| Q3 25 | $-0.03 | $0.12 | ||
| Q2 25 | $0.44 | $0.11 | ||
| Q1 25 | $1.08 | $0.23 | ||
| Q4 24 | $1.68 | $-0.01 | ||
| Q3 24 | $0.86 | $0.06 | ||
| Q2 24 | $0.53 | $0.08 |
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 | $1.3M |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $3.2B | $3.3B |
| Total Assets | $7.0B | $10.3B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $1.7B | $1.2M | ||
| Q3 25 | $2.4B | $1.2M | ||
| Q2 25 | $2.1B | $1.5M | ||
| Q1 25 | $2.2B | $1.3M | ||
| Q4 24 | $788.1M | $1.3M | ||
| Q3 24 | $1.0B | $2.3M | ||
| Q2 24 | $968.9M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $5.8B | ||
| Q3 25 | $2.0B | $5.8B | ||
| Q2 25 | $2.0B | $5.8B | ||
| Q1 25 | $2.0B | $5.8B | ||
| Q4 24 | $680.3M | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $3.2B | $3.3B | ||
| Q3 25 | $3.0B | $3.3B | ||
| Q2 25 | $2.7B | $3.3B | ||
| Q1 25 | $2.6B | $3.3B | ||
| Q4 24 | $2.3B | $3.4B | ||
| Q3 24 | $2.1B | $3.5B | ||
| Q2 24 | $1.9B | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $7.0B | $10.6B | ||
| Q3 25 | $6.7B | $10.6B | ||
| Q2 25 | $6.2B | $10.6B | ||
| Q1 25 | $6.1B | $10.7B | ||
| Q4 24 | $4.5B | $10.9B | ||
| Q3 24 | $4.0B | $11.1B | ||
| Q2 24 | $3.7B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | 1.77× | ||
| Q3 25 | 0.66× | 1.78× | ||
| Q2 25 | 0.73× | 1.74× | ||
| Q1 25 | 0.79× | 1.74× | ||
| Q4 24 | 0.29× | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
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 | — |
| Free Cash FlowOCF − Capex | $155.4M | — |
| FCF MarginFCF / Revenue | 19.5% | — |
| Capex IntensityCapex / Revenue | 7.8% | 4.9% |
| Cash ConversionOCF / Net Profit | 79.14× | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $217.2M | $902.9M | ||
| Q3 25 | $60.0M | $234.9M | ||
| Q2 25 | $-91.7M | $250.3M | ||
| Q1 25 | $25.8M | $156.2M | ||
| Q4 24 | $250.2M | $876.8M | ||
| Q3 24 | $91.3M | $230.3M | ||
| Q2 24 | $82.8M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | $155.4M | $650.0M | ||
| Q3 25 | $33.4M | $164.6M | ||
| Q2 25 | $-114.7M | $190.1M | ||
| Q1 25 | $932.0K | $103.2M | ||
| Q4 24 | $225.4M | $627.0M | ||
| Q3 24 | $64.8M | $161.3M | ||
| Q2 24 | $71.4M | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | 19.5% | 150.1% | ||
| Q3 25 | 4.7% | 38.1% | ||
| Q2 25 | -17.2% | 44.7% | ||
| Q1 25 | 0.2% | 24.5% | ||
| Q4 24 | 39.3% | 148.3% | ||
| Q3 24 | 11.9% | 38.4% | ||
| Q2 24 | 14.2% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 7.8% | 58.4% | ||
| Q3 25 | 3.7% | 16.3% | ||
| Q2 25 | 3.4% | 14.2% | ||
| Q1 25 | 4.1% | 12.6% | ||
| Q4 24 | 4.3% | 59.1% | ||
| Q3 24 | 4.9% | 16.4% | ||
| Q2 24 | 2.2% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | 79.14× | 4.05× | ||
| Q3 25 | — | 5.81× | ||
| Q2 25 | -2.54× | 6.64× | ||
| Q1 25 | 0.29× | 2.04× | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | 10.19× | ||
| Q2 24 | 2.03× | 8.26× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
