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Side-by-side financial comparison of Axon Enterprise (AXON) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
Axon Enterprise is the larger business by last-quarter revenue ($796.7M vs $517.5M, roughly 1.5× WOLVERINE WORLD WIDE INC). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs 0.3%, a 5.8% gap on every dollar of revenue. On growth, Axon Enterprise posted the faster year-over-year revenue change (38.9% vs 25.5%). Axon Enterprise produced more free cash flow last quarter ($155.4M vs $145.6M). Over the past eight quarters, Axon Enterprise's revenue compounded faster (31.5% CAGR vs 14.5%).
Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
AXON vs WWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $796.7M | $517.5M |
| Net Profit | $2.7M | $31.8M |
| Gross Margin | 57.9% | 47.3% |
| Operating Margin | -6.3% | 9.7% |
| Net Margin | 0.3% | 6.1% |
| Revenue YoY | 38.9% | 25.5% |
| Net Profit YoY | -98.0% | 162.8% |
| EPS (diluted) | $0.02 | $0.37 |
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 | — | $517.5M | ||
| Q4 25 | $796.7M | — | ||
| Q3 25 | $710.6M | $470.3M | ||
| Q2 25 | $668.5M | $474.2M | ||
| Q1 25 | $603.6M | $412.3M | ||
| Q4 24 | $573.4M | $494.7M | ||
| Q3 24 | $544.3M | $440.2M | ||
| Q2 24 | $504.1M | $425.2M |
| Q1 26 | — | $31.8M | ||
| Q4 25 | $2.7M | — | ||
| Q3 25 | $-2.2M | $25.1M | ||
| Q2 25 | $36.1M | $26.8M | ||
| Q1 25 | $88.0M | $12.1M | ||
| Q4 24 | $136.0M | $23.1M | ||
| Q3 24 | $67.0M | $23.2M | ||
| Q2 24 | $40.8M | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | 57.9% | — | ||
| Q3 25 | 60.1% | 47.5% | ||
| Q2 25 | 60.4% | 47.2% | ||
| Q1 25 | 60.6% | 47.2% | ||
| Q4 24 | 60.5% | 43.4% | ||
| Q3 24 | 60.8% | 45.1% | ||
| Q2 24 | 60.3% | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | -6.3% | — | ||
| Q3 25 | -0.3% | 8.4% | ||
| Q2 25 | -0.2% | 8.6% | ||
| Q1 25 | -1.5% | 4.8% | ||
| Q4 24 | -2.6% | 7.4% | ||
| Q3 24 | 4.4% | 7.9% | ||
| Q2 24 | 6.5% | 6.8% |
| Q1 26 | — | 6.1% | ||
| Q4 25 | 0.3% | — | ||
| Q3 25 | -0.3% | 5.3% | ||
| Q2 25 | 5.4% | 5.7% | ||
| Q1 25 | 14.6% | 2.9% | ||
| Q4 24 | 23.7% | 4.7% | ||
| Q3 24 | 12.3% | 5.3% | ||
| Q2 24 | 8.1% | 3.2% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $0.02 | — | ||
| Q3 25 | $-0.03 | $0.30 | ||
| Q2 25 | $0.44 | $0.32 | ||
| Q1 25 | $1.08 | $0.15 | ||
| Q4 24 | $1.68 | $0.29 | ||
| Q3 24 | $0.86 | $0.28 | ||
| Q2 24 | $0.53 | $0.17 |
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 | — |
| Total DebtLower is stronger | $1.8B | $621.7M |
| Stockholders' EquityBook value | $3.2B | $408.0M |
| Total Assets | $7.0B | $1.7B |
| Debt / EquityLower = less leverage | 0.56× | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $788.1M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $968.9M | — |
| Q1 26 | — | $621.7M | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $2.0B | $676.4M | ||
| Q2 25 | $2.0B | $708.5M | ||
| Q1 25 | $2.0B | $710.8M | ||
| Q4 24 | $680.3M | $648.0M | ||
| Q3 24 | — | $702.8M | ||
| Q2 24 | — | $814.7M |
| Q1 26 | — | $408.0M | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | $376.7M | ||
| Q2 25 | $2.7B | $344.0M | ||
| Q1 25 | $2.6B | $310.6M | ||
| Q4 24 | $2.3B | $312.9M | ||
| Q3 24 | $2.1B | $295.2M | ||
| Q2 24 | $1.9B | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.7B | $1.7B | ||
| Q2 25 | $6.2B | $1.8B | ||
| Q1 25 | $6.1B | $1.7B | ||
| Q4 24 | $4.5B | $1.7B | ||
| Q3 24 | $4.0B | $1.8B | ||
| Q2 24 | $3.7B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.66× | 1.80× | ||
| Q2 25 | 0.73× | 2.06× | ||
| Q1 25 | 0.79× | 2.29× | ||
| Q4 24 | 0.29× | 2.07× | ||
| Q3 24 | — | 2.38× | ||
| Q2 24 | — | 3.11× |
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 | $146.2M |
| Free Cash FlowOCF − Capex | $155.4M | $145.6M |
| FCF MarginFCF / Revenue | 19.5% | 28.1% |
| Capex IntensityCapex / Revenue | 7.8% | 0.1% |
| Cash ConversionOCF / Net Profit | 79.14× | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $217.2M | — | ||
| Q3 25 | $60.0M | $33.0M | ||
| Q2 25 | $-91.7M | $44.6M | ||
| Q1 25 | $25.8M | $-83.8M | ||
| Q4 24 | $250.2M | $82.4M | ||
| Q3 24 | $91.3M | $108.2M | ||
| Q2 24 | $82.8M | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | $155.4M | — | ||
| Q3 25 | $33.4M | $30.1M | ||
| Q2 25 | $-114.7M | $41.2M | ||
| Q1 25 | $932.0K | $-91.4M | ||
| Q4 24 | $225.4M | $74.4M | ||
| Q3 24 | $64.8M | $104.1M | ||
| Q2 24 | $71.4M | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | 19.5% | — | ||
| Q3 25 | 4.7% | 6.4% | ||
| Q2 25 | -17.2% | 8.7% | ||
| Q1 25 | 0.2% | -22.2% | ||
| Q4 24 | 39.3% | 15.0% | ||
| Q3 24 | 11.9% | 23.6% | ||
| Q2 24 | 14.2% | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 7.8% | — | ||
| Q3 25 | 3.7% | 0.6% | ||
| Q2 25 | 3.4% | 0.7% | ||
| Q1 25 | 4.1% | 1.8% | ||
| Q4 24 | 4.3% | 1.6% | ||
| Q3 24 | 4.9% | 0.9% | ||
| Q2 24 | 2.2% | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | -2.54× | 1.66× | ||
| Q1 25 | 0.29× | -6.93× | ||
| Q4 24 | 1.84× | 3.57× | ||
| Q3 24 | 1.36× | 4.66× | ||
| Q2 24 | 2.03× | 1.93× |
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% |
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
