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Axon Enterprise（AXON）与NN INC（NNBR）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NN INC的7.6倍（$796.7M vs $104.7M）。Axon Enterprise净利率更高（0.3% vs -12.0%，领先12.3%）。Axon Enterprise同比增速更快（38.9% vs -1.7%）。Axon Enterprise自由现金流更多（$155.4M vs $-3.3M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs -7.0%）
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。
NN集团是NN投资伙伴与荷兰国家保险的母公司，旗下荷兰国家保险是荷兰规模最大的保险与资产管理机构之一。集团总部设于荷兰海牙，鹿特丹办事处坐落于代尔夫特门大厦，该大厦2009年之前一直是荷兰最高摩天楼，除此之外集团在荷兰埃德也设有办事处。
AXON vs NNBR — 直观对比
营收规模更大
AXON
是对方的7.6倍
$104.7M
营收增速更快
AXON
高出40.6%
-1.7%
净利率更高
AXON
高出12.3%
-12.0%
自由现金流更多
AXON
多$158.7M
$-3.3M
两年增速更快
AXON
近两年复合增速
-7.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $104.7M |
| 净利润 | $2.7M | $-12.5M |
| 毛利率 | 57.9% | — |
| 营业利润率 | -6.3% | -9.9% |
| 净利率 | 0.3% | -12.0% |
| 营收同比 | 38.9% | -1.7% |
| 净利润同比 | -98.0% | 40.2% |
| 每股收益（稀释后） | $0.02 | $-0.35 |
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AXONNNBR
| Q4 25 | $796.7M | $104.7M | ||
| Q3 25 | $710.6M | $103.9M | ||
| Q2 25 | $668.5M | $107.9M | ||
| Q1 25 | $603.6M | $105.7M | ||
| Q4 24 | $573.4M | $106.5M | ||
| Q3 24 | $544.3M | $113.6M | ||
| Q2 24 | $504.1M | $123.0M | ||
| Q1 24 | $460.7M | $121.2M |
净利润AXONNNBR
| Q4 25 | $2.7M | $-12.5M | ||
| Q3 25 | $-2.2M | $-6.7M | ||
| Q2 25 | $36.1M | $-8.1M | ||
| Q1 25 | $88.0M | $-6.7M | ||
| Q4 24 | $136.0M | $-21.0M | ||
| Q3 24 | $67.0M | $-2.6M | ||
| Q2 24 | $40.8M | $-2.2M | ||
| Q1 24 | $133.2M | $-12.5M |
毛利率AXONNNBR
| 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AXONNNBR
| Q4 25 | -6.3% | -9.9% | ||
| Q3 25 | -0.3% | -2.2% | ||
| Q2 25 | -0.2% | -1.4% | ||
| Q1 25 | -1.5% | -4.5% | ||
| Q4 24 | -2.6% | -15.8% | ||
| Q3 24 | 4.4% | -3.3% | ||
| Q2 24 | 6.5% | -1.7% | ||
| Q1 24 | 3.5% | -3.9% |
净利率AXONNNBR
| Q4 25 | 0.3% | -12.0% | ||
| Q3 25 | -0.3% | -6.4% | ||
| Q2 25 | 5.4% | -7.5% | ||
| Q1 25 | 14.6% | -6.3% | ||
| Q4 24 | 23.7% | -19.7% | ||
| Q3 24 | 12.3% | -2.3% | ||
| Q2 24 | 8.1% | -1.8% | ||
| Q1 24 | 28.9% | -10.3% |
每股收益（稀释后）AXONNNBR
| Q4 25 | $0.02 | $-0.35 | ||
| Q3 25 | $-0.03 | $-0.23 | ||
| Q2 25 | $0.44 | $-0.26 | ||
| Q1 25 | $1.08 | $-0.23 | ||
| Q4 24 | $1.68 | $-0.52 | ||
| Q3 24 | $0.86 | $-0.13 | ||
| Q2 24 | $0.53 | $-0.12 | ||
| Q1 24 | $1.73 | $-0.34 |
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 | $11.4M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $34.0M |
| 总资产 | $7.0B | $440.8M |
| 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AXONNNBR
| Q4 25 | $1.7B | $11.4M | ||
| Q3 25 | $2.4B | $12.2M | ||
| Q2 25 | $2.1B | $9.5M | ||
| Q1 25 | $2.2B | $11.7M | ||
| Q4 24 | $788.1M | $18.1M | ||
| Q3 24 | $1.0B | $12.4M | ||
| Q2 24 | $968.9M | $13.7M | ||
| Q1 24 | $964.1M | $20.6M |
总债务AXONNNBR
| 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AXONNNBR
| Q4 25 | $3.2B | $34.0M | ||
| Q3 25 | $3.0B | $49.6M | ||
| Q2 25 | $2.7B | $59.5M | ||
| Q1 25 | $2.6B | $67.3M | ||
| Q4 24 | $2.3B | $74.5M | ||
| Q3 24 | $2.1B | $106.6M | ||
| Q2 24 | $1.9B | $108.4M | ||
| Q1 24 | $1.8B | $116.1M |
总资产AXONNNBR
| Q4 25 | $7.0B | $440.8M | ||
| Q3 25 | $6.7B | $451.0M | ||
| Q2 25 | $6.2B | $460.8M | ||
| Q1 25 | $6.1B | $460.7M | ||
| Q4 24 | $4.5B | $456.9M | ||
| Q3 24 | $4.0B | $483.1M | ||
| Q2 24 | $3.7B | $497.2M | ||
| Q1 24 | $3.6B | $512.8M |
负债/权益比AXONNNBR
| 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 | $-1.5M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $-3.3M |
| 自由现金流率自由现金流/营收 | 19.5% | -3.2% |
| 资本支出强度资本支出/营收 | 7.8% | 1.8% |
| 现金转化率经营现金流/净利润 | 79.14× | — |
| 过去12个月自由现金流最近4个季度 | $75.1M | $-7.2M |
8季度趋势，按日历期对齐
经营现金流AXONNNBR
| Q4 25 | $217.2M | $-1.5M | ||
| Q3 25 | $60.0M | $11.2M | ||
| Q2 25 | $-91.7M | $-696.0K | ||
| Q1 25 | $25.8M | $-3.3M | ||
| Q4 24 | $250.2M | $6.7M | ||
| Q3 24 | $91.3M | $5.0M | ||
| Q2 24 | $82.8M | $-1.3M | ||
| Q1 24 | $-15.9M | $712.0K |
自由现金流AXONNNBR
| Q4 25 | $155.4M | $-3.3M | ||
| Q3 25 | $33.4M | $7.7M | ||
| Q2 25 | $-114.7M | $-4.4M | ||
| Q1 25 | $932.0K | $-7.3M | ||
| Q4 24 | $225.4M | $3.7M | ||
| Q3 24 | $64.8M | $-1.3M | ||
| Q2 24 | $71.4M | $-4.9M | ||
| Q1 24 | $-32.1M | $-4.7M |
自由现金流率AXONNNBR
| Q4 25 | 19.5% | -3.2% | ||
| Q3 25 | 4.7% | 7.4% | ||
| Q2 25 | -17.2% | -4.1% | ||
| Q1 25 | 0.2% | -6.9% | ||
| Q4 24 | 39.3% | 3.5% | ||
| Q3 24 | 11.9% | -1.2% | ||
| Q2 24 | 14.2% | -4.0% | ||
| Q1 24 | -7.0% | -3.9% |
资本支出强度AXONNNBR
| Q4 25 | 7.8% | 1.8% | ||
| Q3 25 | 3.7% | 3.3% | ||
| Q2 25 | 3.4% | 3.4% | ||
| Q1 25 | 4.1% | 3.7% | ||
| Q4 24 | 4.3% | 2.8% | ||
| Q3 24 | 4.9% | 5.5% | ||
| Q2 24 | 2.2% | 2.9% | ||
| Q1 24 | 3.5% | 4.5% |
现金转化率AXONNNBR
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 1.84× | — | ||
| 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% |
NNBR
| Automotive | $53.1M | 51% |
| Power Solutions | $45.5M | 43% |
| Other End Market | $4.7M | 4% |
