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Axon Enterprise（AXON）与骏利亨德森（JBI）财务数据对比。点击上方公司名可切换其他公司
Axon Enterprise的季度营收约是骏利亨德森的3.6倍（$796.7M vs $219.3M）。骏利亨德森净利率更高（6.9% vs 0.3%，领先6.6%）。Axon Enterprise同比增速更快（38.9% vs -4.7%）。Axon Enterprise自由现金流更多（$155.4M vs $8.3M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs -8.8%）
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。
骏利亨德森是一家英美合资的全球资产管理集团，总部位于英国伦敦市。旗下以骏利亨德森投资者为品牌，面向全球个人投资者、中介顾问及机构投资者提供丰富多样的金融产品。
AXON vs JBI — 直观对比
营收规模更大
AXON
是对方的3.6倍
$219.3M
营收增速更快
AXON
高出43.6%
-4.7%
净利率更高
JBI
高出6.6%
0.3%
自由现金流更多
AXON
多$147.1M
$8.3M
两年增速更快
AXON
近两年复合增速
-8.8%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $219.3M |
| 净利润 | $2.7M | $15.2M |
| 毛利率 | 57.9% | 39.1% |
| 营业利润率 | -6.3% | 13.4% |
| 净利率 | 0.3% | 6.9% |
| 营收同比 | 38.9% | -4.7% |
| 净利润同比 | -98.0% | 28.8% |
| 每股收益（稀释后） | $0.02 | $0.11 |
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AXONJBI
| Q4 25 | $796.7M | — | ||
| Q3 25 | $710.6M | $219.3M | ||
| Q2 25 | $668.5M | $228.1M | ||
| Q1 25 | $603.6M | $210.5M | ||
| Q4 24 | $573.4M | $230.8M | ||
| Q3 24 | $544.3M | $230.1M | ||
| Q2 24 | $504.1M | $248.4M | ||
| Q1 24 | $460.7M | $254.5M |
净利润AXONJBI
| Q4 25 | $2.7M | — | ||
| Q3 25 | $-2.2M | $15.2M | ||
| Q2 25 | $36.1M | $20.7M | ||
| Q1 25 | $88.0M | $10.8M | ||
| Q4 24 | $136.0M | $300.0K | ||
| Q3 24 | $67.0M | $11.8M | ||
| Q2 24 | $40.8M | $27.6M | ||
| Q1 24 | $133.2M | $30.7M |
毛利率AXONJBI
| Q4 25 | 57.9% | — | ||
| Q3 25 | 60.1% | 39.1% | ||
| Q2 25 | 60.4% | 40.9% | ||
| Q1 25 | 60.6% | 38.9% | ||
| Q4 24 | 60.5% | 37.8% | ||
| Q3 24 | 60.8% | 39.6% | ||
| Q2 24 | 60.3% | 43.9% | ||
| Q1 24 | 56.4% | 43.4% |
营业利润率AXONJBI
| Q4 25 | -6.3% | — | ||
| Q3 25 | -0.3% | 13.4% | ||
| Q2 25 | -0.2% | 15.8% | ||
| Q1 25 | -1.5% | 12.0% | ||
| Q4 24 | -2.6% | 5.5% | ||
| Q3 24 | 4.4% | 11.6% | ||
| Q2 24 | 6.5% | 20.8% | ||
| Q1 24 | 3.5% | 21.8% |
净利率AXONJBI
| Q4 25 | 0.3% | — | ||
| Q3 25 | -0.3% | 6.9% | ||
| Q2 25 | 5.4% | 9.1% | ||
| Q1 25 | 14.6% | 5.1% | ||
| Q4 24 | 23.7% | 0.1% | ||
| Q3 24 | 12.3% | 5.1% | ||
| Q2 24 | 8.1% | 11.1% | ||
| Q1 24 | 28.9% | 12.1% |
每股收益（稀释后）AXONJBI
| Q4 25 | $0.02 | — | ||
| Q3 25 | $-0.03 | $0.11 | ||
| Q2 25 | $0.44 | $0.15 | ||
| Q1 25 | $1.08 | $0.08 | ||
| Q4 24 | $1.68 | $0.01 | ||
| Q3 24 | $0.86 | $0.08 | ||
| Q2 24 | $0.53 | $0.19 | ||
| Q1 24 | $1.73 | $0.21 |
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 | — |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $560.8M |
| 总资产 | $7.0B | $1.3B |
| 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AXONJBI
| Q4 25 | $1.7B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $788.1M | — | ||
| Q3 24 | $1.0B | $102.1M | ||
| Q2 24 | $968.9M | $110.1M | ||
| Q1 24 | $964.1M | — |
总债务AXONJBI
| 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AXONJBI
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | $560.8M | ||
| Q2 25 | $2.7B | $543.8M | ||
| Q1 25 | $2.6B | $526.8M | ||
| Q4 24 | $2.3B | $518.8M | ||
| Q3 24 | $2.1B | $526.6M | ||
| Q2 24 | $1.9B | $556.3M | ||
| Q1 24 | $1.8B | $535.4M |
总资产AXONJBI
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.7B | $1.3B | ||
| Q2 25 | $6.2B | $1.3B | ||
| Q1 25 | $6.1B | $1.3B | ||
| Q4 24 | $4.5B | $1.3B | ||
| Q3 24 | $4.0B | $1.3B | ||
| Q2 24 | $3.7B | $1.3B | ||
| Q1 24 | $3.6B | $1.4B |
负债/权益比AXONJBI
| 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 | $15.0M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $8.3M |
| 自由现金流率自由现金流/营收 | 19.5% | 3.8% |
| 资本支出强度资本支出/营收 | 7.8% | 3.1% |
| 现金转化率经营现金流/净利润 | 79.14× | 0.99× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $140.1M |
8季度趋势，按日历期对齐
经营现金流AXONJBI
| Q4 25 | $217.2M | — | ||
| Q3 25 | $60.0M | $15.0M | ||
| Q2 25 | $-91.7M | $51.4M | ||
| Q1 25 | $25.8M | $48.3M | ||
| Q4 24 | $250.2M | $51.4M | ||
| Q3 24 | $91.3M | $43.0M | ||
| Q2 24 | $82.8M | $31.0M | ||
| Q1 24 | $-15.9M | $28.6M |
自由现金流AXONJBI
| Q4 25 | $155.4M | — | ||
| Q3 25 | $33.4M | $8.3M | ||
| Q2 25 | $-114.7M | $44.6M | ||
| Q1 25 | $932.0K | $41.9M | ||
| Q4 24 | $225.4M | $45.3M | ||
| Q3 24 | $64.8M | $39.3M | ||
| Q2 24 | $71.4M | $25.3M | ||
| Q1 24 | $-32.1M | $24.0M |
自由现金流率AXONJBI
| Q4 25 | 19.5% | — | ||
| Q3 25 | 4.7% | 3.8% | ||
| Q2 25 | -17.2% | 19.6% | ||
| Q1 25 | 0.2% | 19.9% | ||
| Q4 24 | 39.3% | 19.6% | ||
| Q3 24 | 11.9% | 17.1% | ||
| Q2 24 | 14.2% | 10.2% | ||
| Q1 24 | -7.0% | 9.4% |
资本支出强度AXONJBI
| Q4 25 | 7.8% | — | ||
| Q3 25 | 3.7% | 3.1% | ||
| Q2 25 | 3.4% | 3.0% | ||
| Q1 25 | 4.1% | 3.0% | ||
| Q4 24 | 4.3% | 2.6% | ||
| Q3 24 | 4.9% | 1.6% | ||
| Q2 24 | 2.2% | 2.3% | ||
| Q1 24 | 3.5% | 1.8% |
现金转化率AXONJBI
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | -2.54× | 2.48× | ||
| Q1 25 | 0.29× | 4.47× | ||
| Q4 24 | 1.84× | 171.33× | ||
| Q3 24 | 1.36× | 3.64× | ||
| Q2 24 | 2.03× | 1.12× | ||
| Q1 24 | -0.12× | 0.93× |
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% |
JBI
| Self Storage New Construction | $72.3M | 33% |
| Commercial And Others | $65.5M | 30% |
| Self Storage R3 | $54.0M | 25% |
| Transferred At Point In Time | $15.5M | 7% |
| Transferred Over Time | $12.8M | 6% |
