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Axon Enterprise（AXON）与光辉国际（KFY）财务数据对比。点击上方公司名可切换其他公司
Axon Enterprise的季度营收约是光辉国际的1.1倍（$796.7M vs $729.8M）。光辉国际净利率更高（9.9% vs 0.3%，领先9.6%）。Axon Enterprise同比增速更快（38.9% vs 7.0%）。Axon Enterprise自由现金流更多（$155.4M vs $100.7M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs 3.8%）
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。
光辉国际是一家总部位于美国加利福尼亚州洛杉矶的管理咨询企业，成立于1969年。截至2019年，公司在全球53个国家设有111个办事处，员工总数达8198名，旗下设有咨询、数字化、高管寻访、招聘流程外包及专业人才寻访四大业务板块，为全球客户提供全方位的人力资源及管理解决方案。
AXON vs KFY — 直观对比
营收规模更大
AXON
是对方的1.1倍
$729.8M
营收增速更快
AXON
高出31.9%
7.0%
净利率更高
KFY
高出9.6%
0.3%
自由现金流更多
AXON
多$54.8M
$100.7M
两年增速更快
AXON
近两年复合增速
3.8%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $729.8M |
| 净利润 | $2.7M | $72.4M |
| 毛利率 | 57.9% | — |
| 营业利润率 | -6.3% | 13.5% |
| 净利率 | 0.3% | 9.9% |
| 营收同比 | 38.9% | 7.0% |
| 净利润同比 | -98.0% | 19.1% |
| 每股收益（稀释后） | $0.02 | $1.36 |
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AXONKFY
| Q4 25 | $796.7M | $729.8M | ||
| Q3 25 | $710.6M | $715.5M | ||
| Q2 25 | $668.5M | $719.8M | ||
| Q1 25 | $603.6M | $676.5M | ||
| Q4 24 | $573.4M | $682.0M | ||
| Q3 24 | $544.3M | $682.8M | ||
| Q2 24 | $504.1M | $699.9M | ||
| Q1 24 | $460.7M | $676.9M |
净利润AXONKFY
| Q4 25 | $2.7M | $72.4M | ||
| Q3 25 | $-2.2M | $66.6M | ||
| Q2 25 | $36.1M | $64.2M | ||
| Q1 25 | $88.0M | $58.4M | ||
| Q4 24 | $136.0M | $60.8M | ||
| Q3 24 | $67.0M | $62.6M | ||
| Q2 24 | $40.8M | $65.2M | ||
| Q1 24 | $133.2M | $59.1M |
毛利率AXONKFY
| 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AXONKFY
| Q4 25 | -6.3% | 13.5% | ||
| Q3 25 | -0.3% | 11.7% | ||
| Q2 25 | -0.2% | 14.5% | ||
| Q1 25 | -1.5% | 11.6% | ||
| Q4 24 | -2.6% | 12.8% | ||
| Q3 24 | 4.4% | 11.1% | ||
| Q2 24 | 6.5% | 11.9% | ||
| Q1 24 | 3.5% | 7.4% |
净利率AXONKFY
| Q4 25 | 0.3% | 9.9% | ||
| Q3 25 | -0.3% | 9.3% | ||
| Q2 25 | 5.4% | 8.9% | ||
| Q1 25 | 14.6% | 8.6% | ||
| Q4 24 | 23.7% | 8.9% | ||
| Q3 24 | 12.3% | 9.2% | ||
| Q2 24 | 8.1% | 9.3% | ||
| Q1 24 | 28.9% | 8.7% |
每股收益（稀释后）AXONKFY
| Q4 25 | $0.02 | $1.36 | ||
| Q3 25 | $-0.03 | $1.26 | ||
| Q2 25 | $0.44 | $1.19 | ||
| Q1 25 | $1.08 | $1.10 | ||
| Q4 24 | $1.68 | $1.14 | ||
| Q3 24 | $0.86 | $1.17 | ||
| Q2 24 | $0.53 | $1.25 | ||
| Q1 24 | $1.73 | $1.13 |
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 | $801.1M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $1.9B |
| 总资产 | $7.0B | $3.7B |
| 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AXONKFY
| Q4 25 | $1.7B | $801.1M | ||
| Q3 25 | $2.4B | $721.1M | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.2B | $820.0M | ||
| Q4 24 | $788.1M | $735.5M | ||
| Q3 24 | $1.0B | $674.0M | ||
| Q2 24 | $968.9M | $983.7M | ||
| Q1 24 | $964.1M | $782.5M |
总债务AXONKFY
| 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AXONKFY
| Q4 25 | $3.2B | $1.9B | ||
| Q3 25 | $3.0B | $1.9B | ||
| Q2 25 | $2.7B | $1.9B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.3B | $1.8B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $1.9B | $1.7B | ||
| Q1 24 | $1.8B | $1.7B |
总资产AXONKFY
| Q4 25 | $7.0B | $3.7B | ||
| Q3 25 | $6.7B | $3.6B | ||
| Q2 25 | $6.2B | $3.9B | ||
| Q1 25 | $6.1B | $3.6B | ||
| Q4 24 | $4.5B | $3.5B | ||
| Q3 24 | $4.0B | $3.4B | ||
| Q2 24 | $3.7B | $3.7B | ||
| Q1 24 | $3.6B | $3.6B |
负债/权益比AXONKFY
| 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 | $121.4M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $100.7M |
| 自由现金流率自由现金流/营收 | 19.5% | 13.8% |
| 资本支出强度资本支出/营收 | 7.8% | 2.8% |
| 现金转化率经营现金流/净利润 | 79.14× | 1.68× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $272.6M |
8季度趋势，按日历期对齐
经营现金流AXONKFY
| Q4 25 | $217.2M | $121.4M | ||
| Q3 25 | $60.0M | $-237.4M | ||
| Q2 25 | $-91.7M | $255.8M | ||
| Q1 25 | $25.8M | $213.7M | ||
| Q4 24 | $250.2M | $122.0M | ||
| Q3 24 | $91.3M | $-227.2M | ||
| Q2 24 | $82.8M | $261.9M | ||
| Q1 24 | $-15.9M | $164.0M |
自由现金流AXONKFY
| Q4 25 | $155.4M | $100.7M | ||
| Q3 25 | $33.4M | $-260.0M | ||
| Q2 25 | $-114.7M | $235.5M | ||
| Q1 25 | $932.0K | $196.4M | ||
| Q4 24 | $225.4M | $107.7M | ||
| Q3 24 | $64.8M | $-237.7M | ||
| Q2 24 | $71.4M | $250.0M | ||
| Q1 24 | $-32.1M | $152.3M |
自由现金流率AXONKFY
| Q4 25 | 19.5% | 13.8% | ||
| Q3 25 | 4.7% | -36.3% | ||
| Q2 25 | -17.2% | 32.7% | ||
| Q1 25 | 0.2% | 29.0% | ||
| Q4 24 | 39.3% | 15.8% | ||
| Q3 24 | 11.9% | -34.8% | ||
| Q2 24 | 14.2% | 35.7% | ||
| Q1 24 | -7.0% | 22.5% |
资本支出强度AXONKFY
| Q4 25 | 7.8% | 2.8% | ||
| Q3 25 | 3.7% | 3.2% | ||
| Q2 25 | 3.4% | 2.8% | ||
| Q1 25 | 4.1% | 2.6% | ||
| Q4 24 | 4.3% | 2.1% | ||
| Q3 24 | 4.9% | 1.5% | ||
| Q2 24 | 2.2% | 1.7% | ||
| Q1 24 | 3.5% | 1.7% |
现金转化率AXONKFY
| Q4 25 | 79.14× | 1.68× | ||
| Q3 25 | — | -3.56× | ||
| Q2 25 | -2.54× | 3.98× | ||
| Q1 25 | 0.29× | 3.66× | ||
| Q4 24 | 1.84× | 2.01× | ||
| Q3 24 | 1.36× | -3.63× | ||
| Q2 24 | 2.03× | 4.02× | ||
| Q1 24 | -0.12× | 2.78× |
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% |
KFY
| Industrial | $234.0M | 32% |
| Technology Service | $104.5M | 14% |
| RPO | $92.3M | 13% |
| Digital | $91.2M | 13% |
| Consumer Goods | $85.0M | 12% |
| Executive Search EMEA | $52.2M | 7% |
| Education Non Profit And General | $43.2M | 6% |
| Executive Search Asia Pacific | $24.3M | 3% |
| Reimbursed Out Of Pocket Engagement Expenses | $8.1M | 1% |
