vs
Side-by-side financial comparison of Axon Enterprise (AXON) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $796.7M, roughly 1.5× Axon Enterprise). Axon Enterprise runs the higher net margin — 0.3% vs -35.0%, a 35.4% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs -0.7%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $-6.0M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs 5.2%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
AXON vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $1.2B |
| Net Profit | $2.7M | $-431.0M |
| Gross Margin | 57.9% | — |
| Operating Margin | -6.3% | — |
| Net Margin | 0.3% | -35.0% |
| Revenue YoY | 38.9% | -0.7% |
| Net Profit YoY | -98.0% | -962.0% |
| EPS (diluted) | $0.02 | $-12.00 |
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 | $1.2B | ||
| Q3 25 | $710.6M | $1.2B | ||
| Q2 25 | $668.5M | $1.2B | ||
| Q1 25 | $603.6M | $1.1B | ||
| Q4 24 | $573.4M | $1.2B | ||
| Q3 24 | $544.3M | $1.2B | ||
| Q2 24 | $504.1M | $1.1B | ||
| Q1 24 | $460.7M | $1.1B |
| Q4 25 | $2.7M | $-431.0M | ||
| Q3 25 | $-2.2M | $-2.0M | ||
| Q2 25 | $36.1M | $69.0M | ||
| Q1 25 | $88.0M | $56.0M | ||
| Q4 24 | $136.0M | $50.0M | ||
| Q3 24 | $67.0M | $84.0M | ||
| Q2 24 | $40.8M | $37.0M | ||
| Q1 24 | $133.2M | $47.0M |
| 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% | — |
| Q4 25 | -6.3% | — | ||
| Q3 25 | -0.3% | — | ||
| Q2 25 | -0.2% | — | ||
| Q1 25 | -1.5% | — | ||
| Q4 24 | -2.6% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 6.5% | — | ||
| Q1 24 | 3.5% | — |
| Q4 25 | 0.3% | -35.0% | ||
| Q3 25 | -0.3% | -0.2% | ||
| Q2 25 | 5.4% | 6.0% | ||
| Q1 25 | 14.6% | 5.0% | ||
| Q4 24 | 23.7% | 4.0% | ||
| Q3 24 | 12.3% | 6.9% | ||
| Q2 24 | 8.1% | 3.5% | ||
| Q1 24 | 28.9% | 4.2% |
| Q4 25 | $0.02 | $-12.00 | ||
| Q3 25 | $-0.03 | $-0.07 | ||
| Q2 25 | $0.44 | $1.77 | ||
| Q1 25 | $1.08 | $1.46 | ||
| Q4 24 | $1.68 | $1.29 | ||
| Q3 24 | $0.86 | $2.12 | ||
| Q2 24 | $0.53 | $0.98 | ||
| Q1 24 | $1.73 | $1.22 |
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 | $406.0M |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $3.2B | $2.0B |
| Total Assets | $7.0B | $9.8B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $406.0M | ||
| Q3 25 | $2.4B | $474.0M | ||
| Q2 25 | $2.1B | $205.0M | ||
| Q1 25 | $2.2B | $196.0M | ||
| Q4 24 | $788.1M | $197.0M | ||
| Q3 24 | $1.0B | $197.0M | ||
| Q2 24 | $968.9M | $206.0M | ||
| Q1 24 | $964.1M | $237.0M |
| 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 | — | — |
| Q4 25 | $3.2B | $2.0B | ||
| Q3 25 | $3.0B | $2.5B | ||
| Q2 25 | $2.7B | $2.5B | ||
| Q1 25 | $2.6B | $2.4B | ||
| Q4 24 | $2.3B | $2.4B | ||
| Q3 24 | $2.1B | $2.4B | ||
| Q2 24 | $1.9B | $2.4B | ||
| Q1 24 | $1.8B | $2.4B |
| Q4 25 | $7.0B | $9.8B | ||
| Q3 25 | $6.7B | $10.1B | ||
| Q2 25 | $6.2B | $9.9B | ||
| Q1 25 | $6.1B | $9.9B | ||
| Q4 24 | $4.5B | $9.8B | ||
| Q3 24 | $4.0B | $9.7B | ||
| Q2 24 | $3.7B | $9.6B | ||
| Q1 24 | $3.6B | $9.9B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $217.2M | $6.0M |
| Free Cash FlowOCF − Capex | $155.4M | $-6.0M |
| FCF MarginFCF / Revenue | 19.5% | -0.5% |
| Capex IntensityCapex / Revenue | 7.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 79.14× | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.2M | $6.0M | ||
| Q3 25 | $60.0M | $62.0M | ||
| Q2 25 | $-91.7M | $-48.0M | ||
| Q1 25 | $25.8M | $8.0M | ||
| Q4 24 | $250.2M | $100.0M | ||
| Q3 24 | $91.3M | $72.0M | ||
| Q2 24 | $82.8M | $30.0M | ||
| Q1 24 | $-15.9M | $3.0M |
| Q4 25 | $155.4M | $-6.0M | ||
| Q3 25 | $33.4M | $51.0M | ||
| Q2 25 | $-114.7M | $-68.0M | ||
| Q1 25 | $932.0K | $-6.0M | ||
| Q4 24 | $225.4M | $86.0M | ||
| Q3 24 | $64.8M | $58.0M | ||
| Q2 24 | $71.4M | $17.0M | ||
| Q1 24 | $-32.1M | $-13.0M |
| Q4 25 | 19.5% | -0.5% | ||
| Q3 25 | 4.7% | 4.3% | ||
| Q2 25 | -17.2% | -5.9% | ||
| Q1 25 | 0.2% | -0.5% | ||
| Q4 24 | 39.3% | 6.9% | ||
| Q3 24 | 11.9% | 4.8% | ||
| Q2 24 | 14.2% | 1.6% | ||
| Q1 24 | -7.0% | -1.2% |
| Q4 25 | 7.8% | 1.0% | ||
| Q3 25 | 3.7% | 0.9% | ||
| Q2 25 | 3.4% | 1.7% | ||
| Q1 25 | 4.1% | 1.3% | ||
| Q4 24 | 4.3% | 1.1% | ||
| Q3 24 | 4.9% | 1.1% | ||
| Q2 24 | 2.2% | 1.2% | ||
| Q1 24 | 3.5% | 1.4% |
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | -0.70× | ||
| Q1 25 | 0.29× | 0.14× | ||
| Q4 24 | 1.84× | 2.00× | ||
| Q3 24 | 1.36× | 0.86× | ||
| Q2 24 | 2.03× | 0.81× | ||
| Q1 24 | -0.12× | 0.06× |
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% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
