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Axon Enterprise（AXON）与Hub Group, Inc.（HUBG）财务数据对比。点击上方公司名可切换其他公司
Hub Group, Inc.的季度营收约是Axon Enterprise的1.2倍（$934.5M vs $796.7M）。Hub Group, Inc.净利率更高（3.1% vs 0.3%，领先2.7%）。Axon Enterprise同比增速更快（38.9% vs -5.3%）。Axon Enterprise自由现金流更多（$155.4M vs $19.4M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs -2.6%）
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。
Hub Group是北美知名的运输与物流管理企业，1971年由菲利普·耶格尔创立，1996年上市，总部位于伊利诺伊州奥克布鲁克，目前由创始人之孙菲利普·D·耶格尔运营，年营收超50亿美元，为客户提供专业的供应链及物流解决方案。
AXON vs HUBG — 直观对比
营收规模更大
HUBG
是对方的1.2倍
$796.7M
营收增速更快
AXON
高出44.3%
-5.3%
净利率更高
HUBG
高出2.7%
0.3%
自由现金流更多
AXON
多$136.0M
$19.4M
两年增速更快
AXON
近两年复合增速
-2.6%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $934.5M |
| 净利润 | $2.7M | $28.6M |
| 毛利率 | 57.9% | — |
| 营业利润率 | -6.3% | 4.2% |
| 净利率 | 0.3% | 3.1% |
| 营收同比 | 38.9% | -5.3% |
| 净利润同比 | -98.0% | 21.0% |
| 每股收益（稀释后） | $0.02 | $0.47 |
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AXONHUBG
| Q4 25 | $796.7M | — | ||
| Q3 25 | $710.6M | $934.5M | ||
| Q2 25 | $668.5M | $905.6M | ||
| Q1 25 | $603.6M | $915.2M | ||
| Q4 24 | $573.4M | $973.5M | ||
| Q3 24 | $544.3M | $986.9M | ||
| Q2 24 | $504.1M | $986.5M | ||
| Q1 24 | $460.7M | $999.5M |
净利润AXONHUBG
| Q4 25 | $2.7M | — | ||
| Q3 25 | $-2.2M | $28.6M | ||
| Q2 25 | $36.1M | $25.2M | ||
| Q1 25 | $88.0M | $26.8M | ||
| Q4 24 | $136.0M | $24.3M | ||
| Q3 24 | $67.0M | $23.6M | ||
| Q2 24 | $40.8M | $29.0M | ||
| Q1 24 | $133.2M | $27.1M |
毛利率AXONHUBG
| Q4 25 | 57.9% | — | ||
| Q3 25 | 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AXONHUBG
| Q4 25 | -6.3% | — | ||
| Q3 25 | -0.3% | 4.2% | ||
| Q2 25 | -0.2% | 3.8% | ||
| Q1 25 | -1.5% | 4.1% | ||
| Q4 24 | -2.6% | 3.2% | ||
| Q3 24 | 4.4% | 3.3% | ||
| Q2 24 | 6.5% | 4.0% | ||
| Q1 24 | 3.5% | 3.7% |
净利率AXONHUBG
| Q4 25 | 0.3% | — | ||
| Q3 25 | -0.3% | 3.1% | ||
| Q2 25 | 5.4% | 2.8% | ||
| Q1 25 | 14.6% | 2.9% | ||
| Q4 24 | 23.7% | 2.5% | ||
| Q3 24 | 12.3% | 2.4% | ||
| Q2 24 | 8.1% | 2.9% | ||
| Q1 24 | 28.9% | 2.7% |
每股收益（稀释后）AXONHUBG
| Q4 25 | $0.02 | — | ||
| Q3 25 | $-0.03 | $0.47 | ||
| Q2 25 | $0.44 | $0.42 | ||
| Q1 25 | $1.08 | $0.44 | ||
| Q4 24 | $1.68 | $0.40 | ||
| Q3 24 | $0.86 | $0.39 | ||
| Q2 24 | $0.53 | $0.47 | ||
| Q1 24 | $1.73 | $0.44 |
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 | $119.7M |
| 总债务越低越好 | $1.8B | $255.0M |
| 股东权益账面价值 | $3.2B | $1.7B |
| 总资产 | $7.0B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资AXONHUBG
| Q4 25 | $1.7B | — | ||
| Q3 25 | $2.4B | $119.7M | ||
| Q2 25 | $2.1B | $137.0M | ||
| Q1 25 | $2.2B | $112.7M | ||
| Q4 24 | $788.1M | $98.2M | ||
| Q3 24 | $1.0B | $186.1M | ||
| Q2 24 | $968.9M | $220.2M | ||
| Q1 24 | $964.1M | $195.4M |
总债务AXONHUBG
| Q4 25 | $1.8B | — | ||
| Q3 25 | $2.0B | $255.0M | ||
| Q2 25 | $2.0B | $231.9M | ||
| Q1 25 | $2.0B | $252.1M | ||
| Q4 24 | $680.3M | $264.4M | ||
| Q3 24 | — | $287.1M | ||
| Q2 24 | — | $313.1M | ||
| Q1 24 | — | $334.8M |
股东权益AXONHUBG
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | $1.7B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.3B | $1.6B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $1.9B | $1.6B | ||
| Q1 24 | $1.8B | $1.6B |
总资产AXONHUBG
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.7B | $2.9B | ||
| Q2 25 | $6.2B | $2.8B | ||
| Q1 25 | $6.1B | $2.8B | ||
| Q4 24 | $4.5B | $2.9B | ||
| Q3 24 | $4.0B | $2.8B | ||
| Q2 24 | $3.7B | $2.9B | ||
| Q1 24 | $3.6B | $2.9B |
负债/权益比AXONHUBG
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.66× | 0.15× | ||
| Q2 25 | 0.73× | 0.14× | ||
| Q1 25 | 0.79× | 0.15× | ||
| Q4 24 | 0.29× | 0.16× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.21× |
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 | $28.1M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $19.4M |
| 自由现金流率自由现金流/营收 | 19.5% | 2.1% |
| 资本支出强度资本支出/营收 | 7.8% | 0.9% |
| 现金转化率经营现金流/净利润 | 79.14× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $113.4M |
8季度趋势，按日历期对齐
经营现金流AXONHUBG
| Q4 25 | $217.2M | — | ||
| Q3 25 | $60.0M | $28.1M | ||
| Q2 25 | $-91.7M | $61.5M | ||
| Q1 25 | $25.8M | $70.0M | ||
| Q4 24 | $250.2M | $604.0K | ||
| Q3 24 | $91.3M | $43.4M | ||
| Q2 24 | $82.8M | $69.9M | ||
| Q1 24 | $-15.9M | $80.5M |
自由现金流AXONHUBG
| Q4 25 | $155.4M | — | ||
| Q3 25 | $33.4M | $19.4M | ||
| Q2 25 | $-114.7M | $50.2M | ||
| Q1 25 | $932.0K | $50.8M | ||
| Q4 24 | $225.4M | $-7.0M | ||
| Q3 24 | $64.8M | $31.4M | ||
| Q2 24 | $71.4M | $56.2M | ||
| Q1 24 | $-32.1M | $63.0M |
自由现金流率AXONHUBG
| Q4 25 | 19.5% | — | ||
| Q3 25 | 4.7% | 2.1% | ||
| Q2 25 | -17.2% | 5.5% | ||
| Q1 25 | 0.2% | 5.6% | ||
| Q4 24 | 39.3% | -0.7% | ||
| Q3 24 | 11.9% | 3.2% | ||
| Q2 24 | 14.2% | 5.7% | ||
| Q1 24 | -7.0% | 6.3% |
资本支出强度AXONHUBG
| Q4 25 | 7.8% | — | ||
| Q3 25 | 3.7% | 0.9% | ||
| Q2 25 | 3.4% | 1.2% | ||
| Q1 25 | 4.1% | 2.1% | ||
| Q4 24 | 4.3% | 0.8% | ||
| Q3 24 | 4.9% | 1.2% | ||
| Q2 24 | 2.2% | 1.4% | ||
| Q1 24 | 3.5% | 1.8% |
现金转化率AXONHUBG
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | -2.54× | 2.44× | ||
| Q1 25 | 0.29× | 2.61× | ||
| Q4 24 | 1.84× | 0.02× | ||
| Q3 24 | 1.36× | 1.84× | ||
| Q2 24 | 2.03× | 2.41× | ||
| Q1 24 | -0.12× | 2.98× |
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% |
HUBG
| Intermodal | $561.5M | 60% |
| Other | $343.6M | 37% |
| Inter Segment | $29.4M | 3% |
