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Axon Enterprise（AXON）与Leonardo DRS, Inc.（DRS）财务数据对比。点击上方公司名可切换其他公司
Leonardo DRS, Inc.的季度营收约是Axon Enterprise的1.3倍（$1.1B vs $796.7M），Leonardo DRS, Inc.净利率更高（9.6% vs 0.3%，领先9.3%），Axon Enterprise同比增速更快（38.9% vs 8.1%），Leonardo DRS, Inc.自由现金流更多（$376.0M vs $155.4M），过去两年Axon Enterprise的营收复合增速更高（31.5% vs 24.1%）
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。
莱昂纳多DRS公司是美国本土国防承包商，前身为DRS技术公司，曾于纽约证券交易所挂牌交易，2008年被莱昂纳多的前身芬梅卡尼卡收购，核心业务为向美国军方提供先进国防技术及配套系统产品。
AXON vs DRS — 直观对比
营收规模更大
DRS
是对方的1.3倍
$796.7M
营收增速更快
AXON
高出30.9%
8.1%
净利率更高
DRS
高出9.3%
0.3%
自由现金流更多
DRS
多$220.6M
$155.4M
两年增速更快
AXON
近两年复合增速
24.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $1.1B |
| 净利润 | $2.7M | $102.0M |
| 毛利率 | 57.9% | 25.4% |
| 营业利润率 | -6.3% | 11.9% |
| 净利率 | 0.3% | 9.6% |
| 营收同比 | 38.9% | 8.1% |
| 净利润同比 | -98.0% | 14.6% |
| 每股收益（稀释后） | $0.02 | $0.38 |
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AXONDRS
| Q4 25 | $796.7M | $1.1B | ||
| Q3 25 | $710.6M | $960.0M | ||
| Q2 25 | $668.5M | $829.0M | ||
| Q1 25 | $603.6M | $799.0M | ||
| Q4 24 | $573.4M | $981.0M | ||
| Q3 24 | $544.3M | $812.0M | ||
| Q2 24 | $504.1M | $753.0M | ||
| Q1 24 | $460.7M | $688.0M |
净利润AXONDRS
| Q4 25 | $2.7M | $102.0M | ||
| Q3 25 | $-2.2M | $72.0M | ||
| Q2 25 | $36.1M | $54.0M | ||
| Q1 25 | $88.0M | $50.0M | ||
| Q4 24 | $136.0M | $89.0M | ||
| Q3 24 | $67.0M | $57.0M | ||
| Q2 24 | $40.8M | $38.0M | ||
| Q1 24 | $133.2M | $29.0M |
毛利率AXONDRS
| Q4 25 | 57.9% | 25.4% | ||
| Q3 25 | 60.1% | 23.1% | ||
| Q2 25 | 60.4% | 23.8% | ||
| Q1 25 | 60.6% | 22.7% | ||
| Q4 24 | 60.5% | 24.0% | ||
| Q3 24 | 60.8% | 22.0% | ||
| Q2 24 | 60.3% | 22.4% | ||
| Q1 24 | 56.4% | 22.2% |
营业利润率AXONDRS
| Q4 25 | -6.3% | 11.9% | ||
| Q3 25 | -0.3% | 9.7% | ||
| Q2 25 | -0.2% | 8.4% | ||
| Q1 25 | -1.5% | 7.4% | ||
| Q4 24 | -2.6% | 12.2% | ||
| Q3 24 | 4.4% | 9.2% | ||
| Q2 24 | 6.5% | 7.3% | ||
| Q1 24 | 3.5% | 6.3% |
净利率AXONDRS
| Q4 25 | 0.3% | 9.6% | ||
| Q3 25 | -0.3% | 7.5% | ||
| Q2 25 | 5.4% | 6.5% | ||
| Q1 25 | 14.6% | 6.3% | ||
| Q4 24 | 23.7% | 9.1% | ||
| Q3 24 | 12.3% | 7.0% | ||
| Q2 24 | 8.1% | 5.0% | ||
| Q1 24 | 28.9% | 4.2% |
每股收益（稀释后）AXONDRS
| Q4 25 | $0.02 | $0.38 | ||
| Q3 25 | $-0.03 | $0.26 | ||
| Q2 25 | $0.44 | $0.20 | ||
| Q1 25 | $1.08 | $0.19 | ||
| Q4 24 | $1.68 | $0.34 | ||
| Q3 24 | $0.86 | $0.21 | ||
| Q2 24 | $0.53 | $0.14 | ||
| Q1 24 | $1.73 | $0.11 |
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 | $647.0M |
| 总债务越低越好 | $1.8B | $321.0M |
| 股东权益账面价值 | $3.2B | $2.7B |
| 总资产 | $7.0B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资AXONDRS
| Q4 25 | $1.7B | $647.0M | ||
| Q3 25 | $2.4B | $309.0M | ||
| Q2 25 | $2.1B | $278.0M | ||
| Q1 25 | $2.2B | $380.0M | ||
| Q4 24 | $788.1M | $598.0M | ||
| Q3 24 | $1.0B | $198.0M | ||
| Q2 24 | $968.9M | $149.0M | ||
| Q1 24 | $964.1M | $160.0M |
总债务AXONDRS
| Q4 25 | $1.8B | $321.0M | ||
| Q3 25 | $2.0B | $326.0M | ||
| Q2 25 | $2.0B | $331.0M | ||
| Q1 25 | $2.0B | $335.0M | ||
| Q4 24 | $680.3M | $340.0M | ||
| Q3 24 | — | $345.0M | ||
| Q2 24 | — | $351.0M | ||
| Q1 24 | — | $356.0M |
股东权益AXONDRS
| Q4 25 | $3.2B | $2.7B | ||
| Q3 25 | $3.0B | $2.6B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.6B | $2.6B | ||
| Q4 24 | $2.3B | $2.6B | ||
| Q3 24 | $2.1B | $2.5B | ||
| Q2 24 | $1.9B | $2.4B | ||
| Q1 24 | $1.8B | $2.4B |
总资产AXONDRS
| Q4 25 | $7.0B | $4.5B | ||
| Q3 25 | $6.7B | $4.2B | ||
| Q2 25 | $6.2B | $4.1B | ||
| Q1 25 | $6.1B | $4.1B | ||
| Q4 24 | $4.5B | $4.2B | ||
| Q3 24 | $4.0B | $3.9B | ||
| Q2 24 | $3.7B | $3.8B | ||
| Q1 24 | $3.6B | $3.8B |
负债/权益比AXONDRS
| Q4 25 | 0.56× | 0.12× | ||
| Q3 25 | 0.66× | 0.12× | ||
| Q2 25 | 0.73× | 0.13× | ||
| Q1 25 | 0.79× | 0.13× | ||
| Q4 24 | 0.29× | 0.13× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.15× |
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 | $425.0M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $376.0M |
| 自由现金流率自由现金流/营收 | 19.5% | 35.5% |
| 资本支出强度资本支出/营收 | 7.8% | 4.6% |
| 现金转化率经营现金流/净利润 | 79.14× | 4.17× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $227.0M |
8季度趋势，按日历期对齐
经营现金流AXONDRS
| Q4 25 | $217.2M | $425.0M | ||
| Q3 25 | $60.0M | $107.0M | ||
| Q2 25 | $-91.7M | $-28.0M | ||
| Q1 25 | $25.8M | $-138.0M | ||
| Q4 24 | $250.2M | $443.0M | ||
| Q3 24 | $91.3M | $59.0M | ||
| Q2 24 | $82.8M | $34.0M | ||
| Q1 24 | $-15.9M | $-265.0M |
自由现金流AXONDRS
| Q4 25 | $155.4M | $376.0M | ||
| Q3 25 | $33.4M | $77.0M | ||
| Q2 25 | $-114.7M | $-56.0M | ||
| Q1 25 | $932.0K | $-170.0M | ||
| Q4 24 | $225.4M | $414.0M | ||
| Q3 24 | $64.8M | $47.0M | ||
| Q2 24 | $71.4M | $0 | ||
| Q1 24 | $-32.1M | $-275.0M |
自由现金流率AXONDRS
| Q4 25 | 19.5% | 35.5% | ||
| Q3 25 | 4.7% | 8.0% | ||
| Q2 25 | -17.2% | -6.8% | ||
| Q1 25 | 0.2% | -21.3% | ||
| Q4 24 | 39.3% | 42.2% | ||
| Q3 24 | 11.9% | 5.8% | ||
| Q2 24 | 14.2% | 0.0% | ||
| Q1 24 | -7.0% | -40.0% |
资本支出强度AXONDRS
| Q4 25 | 7.8% | 4.6% | ||
| Q3 25 | 3.7% | 3.1% | ||
| Q2 25 | 3.4% | 3.4% | ||
| Q1 25 | 4.1% | 4.0% | ||
| Q4 24 | 4.3% | 3.0% | ||
| Q3 24 | 4.9% | 1.5% | ||
| Q2 24 | 2.2% | 4.5% | ||
| Q1 24 | 3.5% | 1.5% |
现金转化率AXONDRS
| Q4 25 | 79.14× | 4.17× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | -2.54× | -0.52× | ||
| Q1 25 | 0.29× | -2.76× | ||
| Q4 24 | 1.84× | 4.98× | ||
| Q3 24 | 1.36× | 1.04× | ||
| Q2 24 | 2.03× | 0.89× | ||
| Q1 24 | -0.12× | -9.14× |
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% |
DRS
暂无分部数据
