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Axon Enterprise（AXON）与Mativ Holdings, Inc.（MATV）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Mativ Holdings, Inc.的1.7倍（$796.7M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 0.3%，领先21.4%），Axon Enterprise同比增速更快（38.9% vs 1.0%），Axon Enterprise自由现金流更多（$155.4M vs $8.0M），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。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
AXON vs MATV — 直观对比
营收规模更大
AXON
是对方的1.7倍
$463.1M
营收增速更快
AXON
高出38.0%
1.0%
净利率更高
MATV
高出21.4%
0.3%
自由现金流更多
AXON
多$147.4M
$8.0M
两年增速更快
AXON
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $463.1M |
| 净利润 | $2.7M | $100.8M |
| 毛利率 | 57.9% | 18.8% |
| 营业利润率 | -6.3% | 2.2% |
| 净利率 | 0.3% | 21.8% |
| 营收同比 | 38.9% | 1.0% |
| 净利润同比 | -98.0% | 6620.0% |
| 每股收益（稀释后） | $0.02 | $1.87 |
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AXONMATV
| Q4 25 | $796.7M | $463.1M | ||
| Q3 25 | $710.6M | $513.7M | ||
| Q2 25 | $668.5M | $525.4M | ||
| Q1 25 | $603.6M | $484.8M | ||
| Q4 24 | $573.4M | $458.6M | ||
| Q3 24 | $544.3M | $498.5M | ||
| Q2 24 | $504.1M | $523.8M | ||
| Q1 24 | $460.7M | $500.2M |
净利润AXONMATV
| Q4 25 | $2.7M | $100.8M | ||
| Q3 25 | $-2.2M | $-3.2M | ||
| Q2 25 | $36.1M | $-9.5M | ||
| Q1 25 | $88.0M | $-425.5M | ||
| Q4 24 | $136.0M | $1.5M | ||
| Q3 24 | $67.0M | $-20.8M | ||
| Q2 24 | $40.8M | $-1.4M | ||
| Q1 24 | $133.2M | $-28.0M |
毛利率AXONMATV
| Q4 25 | 57.9% | 18.8% | ||
| Q3 25 | 60.1% | 19.3% | ||
| Q2 25 | 60.4% | 19.7% | ||
| Q1 25 | 60.6% | 15.0% | ||
| Q4 24 | 60.5% | 16.9% | ||
| Q3 24 | 60.8% | 18.8% | ||
| Q2 24 | 60.3% | 20.8% | ||
| Q1 24 | 56.4% | 16.8% |
营业利润率AXONMATV
| Q4 25 | -6.3% | 2.2% | ||
| Q3 25 | -0.3% | 3.1% | ||
| Q2 25 | -0.2% | 3.8% | ||
| Q1 25 | -1.5% | -88.8% | ||
| Q4 24 | -2.6% | 0.6% | ||
| Q3 24 | 4.4% | 1.4% | ||
| Q2 24 | 6.5% | 2.0% | ||
| Q1 24 | 3.5% | -2.8% |
净利率AXONMATV
| Q4 25 | 0.3% | 21.8% | ||
| Q3 25 | -0.3% | -0.6% | ||
| Q2 25 | 5.4% | -1.8% | ||
| Q1 25 | 14.6% | -87.8% | ||
| Q4 24 | 23.7% | 0.3% | ||
| Q3 24 | 12.3% | -4.2% | ||
| Q2 24 | 8.1% | -0.3% | ||
| Q1 24 | 28.9% | -5.6% |
每股收益（稀释后）AXONMATV
| Q4 25 | $0.02 | $1.87 | ||
| Q3 25 | $-0.03 | $-0.06 | ||
| Q2 25 | $0.44 | $-0.18 | ||
| Q1 25 | $1.08 | $-7.82 | ||
| Q4 24 | $1.68 | $0.03 | ||
| Q3 24 | $0.86 | $-0.38 | ||
| Q2 24 | $0.53 | $-0.03 | ||
| Q1 24 | $1.73 | $-0.52 |
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 | $84.2M |
| 总债务越低越好 | $1.8B | $1.0B |
| 股东权益账面价值 | $3.2B | $498.7M |
| 总资产 | $7.0B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.56× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资AXONMATV
| Q4 25 | $1.7B | $84.2M | ||
| Q3 25 | $2.4B | $97.1M | ||
| Q2 25 | $2.1B | $95.6M | ||
| Q1 25 | $2.2B | $84.0M | ||
| Q4 24 | $788.1M | $94.3M | ||
| Q3 24 | $1.0B | $162.2M | ||
| Q2 24 | $968.9M | $133.4M | ||
| Q1 24 | $964.1M | $128.9M |
总债务AXONMATV
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | $2.0B | $1.0B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $2.0B | $1.1B | ||
| Q4 24 | $680.3M | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益AXONMATV
| Q4 25 | $3.2B | $498.7M | ||
| Q3 25 | $3.0B | $397.4M | ||
| Q2 25 | $2.7B | $416.6M | ||
| Q1 25 | $2.6B | $428.2M | ||
| Q4 24 | $2.3B | $858.5M | ||
| Q3 24 | $2.1B | $882.3M | ||
| Q2 24 | $1.9B | $898.0M | ||
| Q1 24 | $1.8B | $906.9M |
总资产AXONMATV
| Q4 25 | $7.0B | $2.1B | ||
| Q3 25 | $6.7B | $2.0B | ||
| Q2 25 | $6.2B | $2.1B | ||
| Q1 25 | $6.1B | $2.1B | ||
| Q4 24 | $4.5B | $2.4B | ||
| Q3 24 | $4.0B | $2.6B | ||
| Q2 24 | $3.7B | $2.6B | ||
| Q1 24 | $3.6B | $2.7B |
负债/权益比AXONMATV
| Q4 25 | 0.56× | 2.07× | ||
| Q3 25 | 0.66× | 2.63× | ||
| Q2 25 | 0.73× | 2.66× | ||
| Q1 25 | 0.79× | 2.67× | ||
| Q4 24 | 0.29× | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 1.30× |
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 | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $8.0M |
| 自由现金流率自由现金流/营收 | 19.5% | 1.7% |
| 资本支出强度资本支出/营收 | 7.8% | 2.4% |
| 现金转化率经营现金流/净利润 | 79.14× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $93.8M |
8季度趋势，按日历期对齐
经营现金流AXONMATV
| Q4 25 | $217.2M | $19.3M | ||
| Q3 25 | $60.0M | $72.8M | ||
| Q2 25 | $-91.7M | $57.6M | ||
| Q1 25 | $25.8M | $-15.9M | ||
| Q4 24 | $250.2M | $24.1M | ||
| Q3 24 | $91.3M | $37.6M | ||
| Q2 24 | $82.8M | $46.1M | ||
| Q1 24 | $-15.9M | $-13.0M |
自由现金流AXONMATV
| Q4 25 | $155.4M | $8.0M | ||
| Q3 25 | $33.4M | $66.7M | ||
| Q2 25 | $-114.7M | $48.9M | ||
| Q1 25 | $932.0K | $-29.8M | ||
| Q4 24 | $225.4M | $2.0M | ||
| Q3 24 | $64.8M | $25.5M | ||
| Q2 24 | $71.4M | $37.4M | ||
| Q1 24 | $-32.1M | $-25.1M |
自由现金流率AXONMATV
| Q4 25 | 19.5% | 1.7% | ||
| Q3 25 | 4.7% | 13.0% | ||
| Q2 25 | -17.2% | 9.3% | ||
| Q1 25 | 0.2% | -6.1% | ||
| Q4 24 | 39.3% | 0.4% | ||
| Q3 24 | 11.9% | 5.1% | ||
| Q2 24 | 14.2% | 7.1% | ||
| Q1 24 | -7.0% | -5.0% |
资本支出强度AXONMATV
| Q4 25 | 7.8% | 2.4% | ||
| Q3 25 | 3.7% | 1.2% | ||
| Q2 25 | 3.4% | 1.7% | ||
| Q1 25 | 4.1% | 2.9% | ||
| Q4 24 | 4.3% | 4.8% | ||
| Q3 24 | 4.9% | 2.4% | ||
| Q2 24 | 2.2% | 1.7% | ||
| Q1 24 | 3.5% | 2.4% |
现金转化率AXONMATV
| Q4 25 | 79.14× | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 1.84× | 16.07× | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.03× | — | ||
| Q1 24 | -0.12× | — |
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% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
