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AAR CORP（AIR）与Axon Enterprise（AXON）财务数据对比。点击上方公司名可切换其他公司
Axon Enterprise的季度营收约是AAR CORP的1.0倍（$796.7M vs $795.3M）。AAR CORP净利率更高（4.4% vs 0.3%，领先4.0%）。Axon Enterprise同比增速更快（38.9% vs 15.9%）。Axon Enterprise自由现金流更多（$155.4M vs $6.2M）
AAR CORP是一家美国航空服务企业，为全球商业及政府客户提供飞机维护相关服务，总部位于伊利诺伊州芝加哥郊区的伍德戴尔，在约30个国家开展业务，现有员工约6000人，现任首席执行官为约翰·霍姆斯。
Axon Enterprise是总部位于美国亚利桑那州斯科茨代尔的企业，面向军队、执法部门及民用市场开发各类武器装备与相关技术产品，业务覆盖公共安全、国防及民用消费等多个领域，为不同用户群体提供适配的产品解决方案。
AIR vs AXON — 直观对比
营收规模更大
AXON
是对方的1.0倍
$795.3M
营收增速更快
AXON
高出23.0%
15.9%
净利率更高
AIR
高出4.0%
0.3%
自由现金流更多
AXON
多$149.2M
$6.2M
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $795.3M | $796.7M |
| 净利润 | $34.6M | $2.7M |
| 毛利率 | 19.7% | 57.9% |
| 营业利润率 | 6.0% | -6.3% |
| 净利率 | 4.4% | 0.3% |
| 营收同比 | 15.9% | 38.9% |
| 净利润同比 | 213.1% | -98.0% |
| 每股收益（稀释后） | $0.90 | $0.02 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AIRAXON
| Q4 25 | $795.3M | $796.7M | ||
| Q3 25 | $739.6M | $710.6M | ||
| Q2 25 | — | $668.5M | ||
| Q1 25 | — | $603.6M | ||
| Q4 24 | — | $573.4M | ||
| Q3 24 | — | $544.3M | ||
| Q2 24 | — | $504.1M | ||
| Q1 24 | — | $460.7M |
净利润AIRAXON
| Q4 25 | $34.6M | $2.7M | ||
| Q3 25 | $34.4M | $-2.2M | ||
| Q2 25 | — | $36.1M | ||
| Q1 25 | — | $88.0M | ||
| Q4 24 | — | $136.0M | ||
| Q3 24 | — | $67.0M | ||
| Q2 24 | — | $40.8M | ||
| Q1 24 | — | $133.2M |
毛利率AIRAXON
| Q4 25 | 19.7% | 57.9% | ||
| Q3 25 | 18.1% | 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% |
营业利润率AIRAXON
| Q4 25 | 6.0% | -6.3% | ||
| Q3 25 | 6.4% | -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% |
净利率AIRAXON
| Q4 25 | 4.4% | 0.3% | ||
| Q3 25 | 4.7% | -0.3% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 8.1% | ||
| Q1 24 | — | 28.9% |
每股收益（稀释后）AIRAXON
| Q4 25 | $0.90 | $0.02 | ||
| Q3 25 | $0.95 | $-0.03 | ||
| Q2 25 | — | $0.44 | ||
| Q1 25 | — | $1.08 | ||
| Q4 24 | — | $1.68 | ||
| Q3 24 | — | $0.86 | ||
| Q2 24 | — | $0.53 | ||
| Q1 24 | — | $1.73 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $75.6M | $1.7B |
| 总债务越低越好 | $952.7M | $1.8B |
| 股东权益账面价值 | $1.6B | $3.2B |
| 总资产 | $3.2B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.61× | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资AIRAXON
| Q4 25 | $75.6M | $1.7B | ||
| Q3 25 | $80.0M | $2.4B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $788.1M | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $968.9M | ||
| Q1 24 | — | $964.1M |
总债务AIRAXON
| Q4 25 | $952.7M | $1.8B | ||
| Q3 25 | $1.0B | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $680.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AIRAXON
| Q4 25 | $1.6B | $3.2B | ||
| Q3 25 | $1.2B | $3.0B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.8B |
总资产AIRAXON
| Q4 25 | $3.2B | $7.0B | ||
| Q3 25 | $2.9B | $6.7B | ||
| Q2 25 | — | $6.2B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $3.7B | ||
| Q1 24 | — | $3.6B |
负债/权益比AIRAXON
| Q4 25 | 0.61× | 0.56× | ||
| Q3 25 | 0.82× | 0.66× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $13.6M | $217.2M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $155.4M |
| 自由现金流率自由现金流/营收 | 0.8% | 19.5% |
| 资本支出强度资本支出/营收 | 0.9% | 7.8% |
| 现金转化率经营现金流/净利润 | 0.39× | 79.14× |
| 过去12个月自由现金流最近4个季度 | — | $75.1M |
8季度趋势，按日历期对齐
经营现金流AIRAXON
| Q4 25 | $13.6M | $217.2M | ||
| Q3 25 | $-44.9M | $60.0M | ||
| Q2 25 | — | $-91.7M | ||
| Q1 25 | — | $25.8M | ||
| Q4 24 | — | $250.2M | ||
| Q3 24 | — | $91.3M | ||
| Q2 24 | — | $82.8M | ||
| Q1 24 | — | $-15.9M |
自由现金流AIRAXON
| Q4 25 | $6.2M | $155.4M | ||
| Q3 25 | $-53.6M | $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 |
自由现金流率AIRAXON
| Q4 25 | 0.8% | 19.5% | ||
| Q3 25 | -7.2% | 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% |
资本支出强度AIRAXON
| Q4 25 | 0.9% | 7.8% | ||
| Q3 25 | 1.2% | 3.7% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 3.5% |
现金转化率AIRAXON
| Q4 25 | 0.39× | 79.14× | ||
| Q3 25 | -1.31× | — | ||
| Q2 25 | — | -2.54× | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | — | 1.84× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 2.03× | ||
| Q1 24 | — | -0.12× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AIR
| Commercial Customer | $268.1M | 34% |
| Repair And Engineering | $244.5M | 31% |
| Integrated Solutions | $175.8M | 22% |
| Government And Defense Customer | $85.5M | 11% |
| Expeditionary Services | $21.4M | 3% |
AXON
| Software And Sensors Segment | $342.5M | 43% |
| TASER Devices Professional | $264.2M | 33% |
| Personal Sensors | $109.1M | 14% |
| Platform Solutions | $80.9M | 10% |
