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Axon Enterprise（AXON）与Centuri Holdings, Inc.（CTRI）财务数据对比。点击上方公司名可切换其他公司
Centuri Holdings, Inc.的季度营收约是Axon Enterprise的1.1倍（$858.6M vs $796.7M），Centuri Holdings, Inc.净利率更高（3.5% vs 0.3%，领先3.2%），Axon Enterprise同比增速更快（38.9% vs 19.7%），Axon Enterprise自由现金流更多（$155.4M vs $66.3M），过去两年Axon Enterprise的营收复合增速更高（31.5% vs 27.5%）
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。
Centuri Holdings前身为Allied Leisure，是美国街机游戏制造商，总部位于佛罗里达州海厄利亚。20世纪80年代初，它是美国排名前六的投币式街机视频游戏设备供应商之一。1980年，原Taito美国总裁埃德·米勒与合伙人比尔·奥利吉斯收购Allied Leisure后，将其更名为Centuri。
AXON vs CTRI — 直观对比
营收规模更大
CTRI
是对方的1.1倍
$796.7M
营收增速更快
AXON
高出19.2%
19.7%
净利率更高
CTRI
高出3.2%
0.3%
自由现金流更多
AXON
多$89.1M
$66.3M
两年增速更快
AXON
近两年复合增速
27.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $858.6M |
| 净利润 | $2.7M | $30.4M |
| 毛利率 | 57.9% | 9.4% |
| 营业利润率 | -6.3% | 4.3% |
| 净利率 | 0.3% | 3.5% |
| 营收同比 | 38.9% | 19.7% |
| 净利润同比 | -98.0% | 194.1% |
| 每股收益（稀释后） | $0.02 | $0.34 |
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AXONCTRI
| Q4 25 | $796.7M | $858.6M | ||
| Q3 25 | $710.6M | $850.0M | ||
| Q2 25 | $668.5M | $724.1M | ||
| Q1 25 | $603.6M | $550.1M | ||
| Q4 24 | $573.4M | $717.1M | ||
| Q3 24 | $544.3M | $720.1M | ||
| Q2 24 | $504.1M | $672.1M | ||
| Q1 24 | $460.7M | $528.0M |
净利润AXONCTRI
| Q4 25 | $2.7M | $30.4M | ||
| Q3 25 | $-2.2M | $2.1M | ||
| Q2 25 | $36.1M | $8.1M | ||
| Q1 25 | $88.0M | $-17.9M | ||
| Q4 24 | $136.0M | $10.3M | ||
| Q3 24 | $67.0M | $-3.7M | ||
| Q2 24 | $40.8M | $11.7M | ||
| Q1 24 | $133.2M | $-25.1M |
毛利率AXONCTRI
| Q4 25 | 57.9% | 9.4% | ||
| Q3 25 | 60.1% | 9.2% | ||
| Q2 25 | 60.4% | 9.4% | ||
| Q1 25 | 60.6% | 3.7% | ||
| Q4 24 | 60.5% | 9.9% | ||
| Q3 24 | 60.8% | 10.5% | ||
| Q2 24 | 60.3% | 9.0% | ||
| Q1 24 | 56.4% | 2.5% |
营业利润率AXONCTRI
| Q4 25 | -6.3% | 4.3% | ||
| Q3 25 | -0.3% | 4.3% | ||
| Q2 25 | -0.2% | 4.4% | ||
| Q1 25 | -1.5% | -2.3% | ||
| Q4 24 | -2.6% | 4.7% | ||
| Q3 24 | 4.4% | 5.8% | ||
| Q2 24 | 6.5% | 4.9% | ||
| Q1 24 | 3.5% | -4.2% |
净利率AXONCTRI
| Q4 25 | 0.3% | 3.5% | ||
| Q3 25 | -0.3% | 0.2% | ||
| Q2 25 | 5.4% | 1.1% | ||
| Q1 25 | 14.6% | -3.3% | ||
| Q4 24 | 23.7% | 1.4% | ||
| Q3 24 | 12.3% | -0.5% | ||
| Q2 24 | 8.1% | 1.7% | ||
| Q1 24 | 28.9% | -4.7% |
每股收益（稀释后）AXONCTRI
| Q4 25 | $0.02 | $0.34 | ||
| Q3 25 | $-0.03 | $0.02 | ||
| Q2 25 | $0.44 | $0.09 | ||
| Q1 25 | $1.08 | $-0.20 | ||
| Q4 24 | $1.68 | $0.17 | ||
| Q3 24 | $0.86 | $-0.04 | ||
| Q2 24 | $0.53 | $0.14 | ||
| Q1 24 | $1.73 | $-0.35 |
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 | $1.7B | $126.6M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $873.0M |
| 总资产 | $7.0B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资AXONCTRI
| Q4 25 | $1.7B | $126.6M | ||
| Q3 25 | $2.4B | $16.1M | ||
| Q2 25 | $2.1B | $28.3M | ||
| Q1 25 | $2.2B | $15.3M | ||
| Q4 24 | $788.1M | $49.0M | ||
| Q3 24 | $1.0B | $52.5M | ||
| Q2 24 | $968.9M | $30.9M | ||
| Q1 24 | $964.1M | $18.4M |
总债务AXONCTRI
| 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 | — | — |
股东权益AXONCTRI
| Q4 25 | $3.2B | $873.0M | ||
| Q3 25 | $3.0B | $585.2M | ||
| Q2 25 | $2.7B | $567.1M | ||
| Q1 25 | $2.6B | $536.5M | ||
| Q4 24 | $2.3B | $555.6M | ||
| Q3 24 | $2.1B | $527.3M | ||
| Q2 24 | $1.9B | $530.4M | ||
| Q1 24 | $1.8B | $197.8M |
总资产AXONCTRI
| Q4 25 | $7.0B | $2.4B | ||
| Q3 25 | $6.7B | $2.2B | ||
| Q2 25 | $6.2B | $2.1B | ||
| Q1 25 | $6.1B | $2.0B | ||
| Q4 24 | $4.5B | $2.1B | ||
| Q3 24 | $4.0B | $2.1B | ||
| Q2 24 | $3.7B | $2.2B | ||
| Q1 24 | $3.6B | $2.1B |
负债/权益比AXONCTRI
| 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 | — | — |
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 | $217.2M | $83.9M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $66.3M |
| 自由现金流率自由现金流/营收 | 19.5% | 7.7% |
| 资本支出强度资本支出/营收 | 7.8% | 2.0% |
| 现金转化率经营现金流/净利润 | 79.14× | 2.76× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $-8.2M |
8季度趋势，按日历期对齐
经营现金流AXONCTRI
| Q4 25 | $217.2M | $83.9M | ||
| Q3 25 | $60.0M | $5.2M | ||
| Q2 25 | $-91.7M | $-27.7M | ||
| Q1 25 | $25.8M | $16.7M | ||
| Q4 24 | $250.2M | $61.0M | ||
| Q3 24 | $91.3M | $180.2M | ||
| Q2 24 | $82.8M | $-56.6M | ||
| Q1 24 | $-15.9M | $-26.5M |
自由现金流AXONCTRI
| Q4 25 | $155.4M | $66.3M | ||
| Q3 25 | $33.4M | $-18.4M | ||
| Q2 25 | $-114.7M | $-48.5M | ||
| Q1 25 | $932.0K | $-7.7M | ||
| Q4 24 | $225.4M | $27.8M | ||
| Q3 24 | $64.8M | $160.7M | ||
| Q2 24 | $71.4M | $-76.9M | ||
| Q1 24 | $-32.1M | $-52.7M |
自由现金流率AXONCTRI
| Q4 25 | 19.5% | 7.7% | ||
| Q3 25 | 4.7% | -2.2% | ||
| Q2 25 | -17.2% | -6.7% | ||
| Q1 25 | 0.2% | -1.4% | ||
| Q4 24 | 39.3% | 3.9% | ||
| Q3 24 | 11.9% | 22.3% | ||
| Q2 24 | 14.2% | -11.4% | ||
| Q1 24 | -7.0% | -10.0% |
资本支出强度AXONCTRI
| Q4 25 | 7.8% | 2.0% | ||
| Q3 25 | 3.7% | 2.8% | ||
| Q2 25 | 3.4% | 2.9% | ||
| Q1 25 | 4.1% | 4.4% | ||
| Q4 24 | 4.3% | 4.6% | ||
| Q3 24 | 4.9% | 2.7% | ||
| Q2 24 | 2.2% | 3.0% | ||
| Q1 24 | 3.5% | 5.0% |
现金转化率AXONCTRI
| Q4 25 | 79.14× | 2.76× | ||
| Q3 25 | — | 2.48× | ||
| Q2 25 | -2.54× | -3.43× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 1.84× | 5.90× | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.03× | -4.84× | ||
| 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
AXON
| Software And Sensors Segment | $342.5M | 43% |
| TASER Devices Professional | $264.2M | 33% |
| Personal Sensors | $109.1M | 14% |
| Platform Solutions | $80.9M | 10% |
CTRI
| Master Services Agreement | $660.7M | 77% |
| Non Union Electric Segment | $163.4M | 19% |
| Related Party | $25.6M | 3% |
