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Axon Enterprise（AXON）与孩之宝（HAS）财务数据对比。点击上方公司名可切换其他公司
孩之宝的季度营收约是Axon Enterprise的1.8倍（$1.4B vs $807.3M），Axon Enterprise净利率更高（21.0% vs 13.9%，领先7.0%），Axon Enterprise同比增速更快（33.7% vs 31.3%），过去两年孩之宝的营收复合增速更高（38.2% vs 26.6%）
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。
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
AXON vs HAS — 直观对比
营收规模更大
HAS
是对方的1.8倍
$807.3M
营收增速更快
AXON
高出2.5%
31.3%
净利率更高
AXON
高出7.0%
13.9%
两年增速更快
HAS
近两年复合增速
26.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $807.3M | $1.4B |
| 净利润 | $169.3M | $201.6M |
| 毛利率 | 59.1% | 68.7% |
| 营业利润率 | 44.5% | 20.6% |
| 净利率 | 21.0% | 13.9% |
| 营收同比 | 33.7% | 31.3% |
| 净利润同比 | — | 687.8% |
| 每股收益（稀释后） | $2.05 | $1.46 |
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AXONHAS
| Q1 26 | $807.3M | — | ||
| Q4 25 | $796.7M | $1.4B | ||
| Q3 25 | $710.6M | $1.4B | ||
| Q2 25 | $668.5M | $980.8M | ||
| Q1 25 | $603.6M | $887.1M | ||
| Q4 24 | $573.4M | $1.1B | ||
| Q3 24 | $544.3M | $1.3B | ||
| Q2 24 | $504.1M | $995.3M |
净利润AXONHAS
| Q1 26 | $169.3M | — | ||
| Q4 25 | $2.7M | $201.6M | ||
| Q3 25 | $-2.2M | $233.2M | ||
| Q2 25 | $36.1M | $-855.8M | ||
| Q1 25 | $88.0M | $98.6M | ||
| Q4 24 | $136.0M | $-34.3M | ||
| Q3 24 | $67.0M | $223.2M | ||
| Q2 24 | $40.8M | $138.5M |
毛利率AXONHAS
| Q1 26 | 59.1% | — | ||
| Q4 25 | 57.9% | 68.7% | ||
| Q3 25 | 60.1% | 70.1% | ||
| Q2 25 | 60.4% | 77.0% | ||
| Q1 25 | 60.6% | 76.9% | ||
| Q4 24 | 60.5% | 67.4% | ||
| Q3 24 | 60.8% | 70.4% | ||
| Q2 24 | 60.3% | 76.1% |
营业利润率AXONHAS
| Q1 26 | 44.5% | — | ||
| Q4 25 | -6.3% | 20.6% | ||
| Q3 25 | -0.3% | 24.6% | ||
| Q2 25 | -0.2% | -81.4% | ||
| Q1 25 | -1.5% | 19.2% | ||
| Q4 24 | -2.6% | 5.4% | ||
| Q3 24 | 4.4% | 23.6% | ||
| Q2 24 | 6.5% | 21.3% |
净利率AXONHAS
| Q1 26 | 21.0% | — | ||
| Q4 25 | 0.3% | 13.9% | ||
| Q3 25 | -0.3% | 16.8% | ||
| Q2 25 | 5.4% | -87.3% | ||
| Q1 25 | 14.6% | 11.1% | ||
| Q4 24 | 23.7% | -3.1% | ||
| Q3 24 | 12.3% | 17.4% | ||
| Q2 24 | 8.1% | 13.9% |
每股收益（稀释后）AXONHAS
| Q1 26 | $2.05 | — | ||
| Q4 25 | $0.02 | $1.46 | ||
| Q3 25 | $-0.03 | $1.64 | ||
| Q2 25 | $0.44 | $-6.10 | ||
| Q1 25 | $1.08 | $0.70 | ||
| Q4 24 | $1.68 | $-0.25 | ||
| Q3 24 | $0.86 | $1.59 | ||
| Q2 24 | $0.53 | $0.99 |
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 | $718.9M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5B | $565.5M |
| 总资产 | $7.1B | $5.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AXONHAS
| Q1 26 | $718.9M | — | ||
| 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 | — |
总债务AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $680.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AXONHAS
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.2B | $565.5M | ||
| Q3 25 | $3.0B | $433.8M | ||
| Q2 25 | $2.7B | $269.7M | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $1.9B | $1.2B |
总资产AXONHAS
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.0B | $5.6B | ||
| Q3 25 | $6.7B | $5.5B | ||
| Q2 25 | $6.2B | $5.2B | ||
| Q1 25 | $6.1B | $6.0B | ||
| Q4 24 | $4.5B | $6.3B | ||
| Q3 24 | $4.0B | $7.2B | ||
| Q2 24 | $3.7B | $6.9B |
负债/权益比AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $403.2M |
| 自由现金流经营现金流 - 资本支出 | — | $389.5M |
| 自由现金流率自由现金流/营收 | — | 26.9% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | — | 2.00× |
| 过去12个月自由现金流最近4个季度 | — | $829.9M |
8季度趋势，按日历期对齐
经营现金流AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | $217.2M | $403.2M | ||
| Q3 25 | $60.0M | $280.6M | ||
| Q2 25 | $-91.7M | $71.3M | ||
| Q1 25 | $25.8M | $138.1M | ||
| Q4 24 | $250.2M | $259.8M | ||
| Q3 24 | $91.3M | $222.5M | ||
| Q2 24 | $82.8M | $187.3M |
自由现金流AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | $155.4M | $389.5M | ||
| Q3 25 | $33.4M | $260.9M | ||
| Q2 25 | $-114.7M | $55.2M | ||
| Q1 25 | $932.0K | $124.3M | ||
| Q4 24 | $225.4M | $200.8M | ||
| Q3 24 | $64.8M | $174.0M | ||
| Q2 24 | $71.4M | $135.4M |
自由现金流率AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | 19.5% | 26.9% | ||
| Q3 25 | 4.7% | 18.8% | ||
| Q2 25 | -17.2% | 5.6% | ||
| Q1 25 | 0.2% | 14.0% | ||
| Q4 24 | 39.3% | 18.2% | ||
| Q3 24 | 11.9% | 13.6% | ||
| Q2 24 | 14.2% | 13.6% |
资本支出强度AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 0.9% | ||
| Q3 25 | 3.7% | 1.4% | ||
| Q2 25 | 3.4% | 1.6% | ||
| Q1 25 | 4.1% | 1.6% | ||
| Q4 24 | 4.3% | 5.4% | ||
| Q3 24 | 4.9% | 3.8% | ||
| Q2 24 | 2.2% | 5.2% |
现金转化率AXONHAS
| Q1 26 | — | — | ||
| Q4 25 | 79.14× | 2.00× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | -2.54× | — | ||
| Q1 25 | 0.29× | 1.40× | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | 1.00× | ||
| Q2 24 | 2.03× | 1.35× |
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
暂无分部数据
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
