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Axon Enterprise（AXON）与NPK International Inc.（NPKI）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NPK International Inc.的10.6倍（$796.7M vs $75.2M）。Axon Enterprise同比增速更快（38.9% vs 30.7%）。Axon Enterprise自由现金流更多（$155.4M vs $5.8M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs 23.9%）
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。
AXON vs NPKI — 直观对比
营收规模更大
AXON
是对方的10.6倍
$75.2M
营收增速更快
AXON
高出8.2%
30.7%
自由现金流更多
AXON
多$149.7M
$5.8M
两年增速更快
AXON
近两年复合增速
23.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $75.2M |
| 净利润 | $2.7M | — |
| 毛利率 | 57.9% | 37.7% |
| 营业利润率 | -6.3% | 16.7% |
| 净利率 | 0.3% | — |
| 营收同比 | 38.9% | 30.7% |
| 净利润同比 | -98.0% | — |
| 每股收益（稀释后） | $0.02 | $0.17 |
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AXONNPKI
| Q4 25 | $796.7M | $75.2M | ||
| Q3 25 | $710.6M | $68.8M | ||
| Q2 25 | $668.5M | $68.2M | ||
| Q1 25 | $603.6M | $64.8M | ||
| Q4 24 | $573.4M | $57.5M | ||
| Q3 24 | $544.3M | $44.2M | ||
| Q2 24 | $504.1M | $66.8M | ||
| Q1 24 | $460.7M | $49.0M |
净利润AXONNPKI
| Q4 25 | $2.7M | — | ||
| Q3 25 | $-2.2M | $5.7M | ||
| Q2 25 | $36.1M | $8.7M | ||
| Q1 25 | $88.0M | $10.0M | ||
| Q4 24 | $136.0M | — | ||
| Q3 24 | $67.0M | $-174.3M | ||
| Q2 24 | $40.8M | $8.0M | ||
| Q1 24 | $133.2M | $7.3M |
毛利率AXONNPKI
| Q4 25 | 57.9% | 37.7% | ||
| Q3 25 | 60.1% | 31.9% | ||
| Q2 25 | 60.4% | 36.9% | ||
| Q1 25 | 60.6% | 39.0% | ||
| Q4 24 | 60.5% | 39.2% | ||
| Q3 24 | 60.8% | 27.5% | ||
| Q2 24 | 60.3% | 37.2% | ||
| Q1 24 | 56.4% | 36.0% |
营业利润率AXONNPKI
| Q4 25 | -6.3% | 16.7% | ||
| Q3 25 | -0.3% | 13.2% | ||
| Q2 25 | -0.2% | 17.0% | ||
| Q1 25 | -1.5% | 20.9% | ||
| Q4 24 | -2.6% | 20.2% | ||
| Q3 24 | 4.4% | 2.8% | ||
| Q2 24 | 6.5% | 18.7% | ||
| Q1 24 | 3.5% | 14.2% |
净利率AXONNPKI
| Q4 25 | 0.3% | — | ||
| Q3 25 | -0.3% | 8.2% | ||
| Q2 25 | 5.4% | 12.7% | ||
| Q1 25 | 14.6% | 15.4% | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | 12.3% | -394.3% | ||
| Q2 24 | 8.1% | 12.0% | ||
| Q1 24 | 28.9% | 14.9% |
每股收益（稀释后）AXONNPKI
| Q4 25 | $0.02 | $0.17 | ||
| Q3 25 | $-0.03 | $0.07 | ||
| Q2 25 | $0.44 | $0.10 | ||
| Q1 25 | $1.08 | $0.11 | ||
| Q4 24 | $1.68 | $0.10 | ||
| Q3 24 | $0.86 | $-1.99 | ||
| Q2 24 | $0.53 | $0.09 | ||
| Q1 24 | $1.73 | $0.08 |
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 | $5.1M |
| 总债务越低越好 | $1.8B | $16.9M |
| 股东权益账面价值 | $3.2B | $351.2M |
| 总资产 | $7.0B | $441.8M |
| 负债/权益比越低杠杆越低 | 0.56× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资AXONNPKI
| Q4 25 | $1.7B | $5.1M | ||
| Q3 25 | $2.4B | $35.6M | ||
| Q2 25 | $2.1B | $26.0M | ||
| Q1 25 | $2.2B | $20.8M | ||
| Q4 24 | $788.1M | $17.8M | ||
| Q3 24 | $1.0B | $42.9M | ||
| Q2 24 | $968.9M | $35.1M | ||
| Q1 24 | $964.1M | $37.7M |
总债务AXONNPKI
| Q4 25 | $1.8B | $16.9M | ||
| Q3 25 | $2.0B | $9.5M | ||
| Q2 25 | $2.0B | $9.3M | ||
| Q1 25 | $2.0B | $8.1M | ||
| Q4 24 | $680.3M | $7.7M | ||
| Q3 24 | — | $14.0M | ||
| Q2 24 | — | $58.0M | ||
| Q1 24 | — | $77.4M |
股东权益AXONNPKI
| Q4 25 | $3.2B | $351.2M | ||
| Q3 25 | $3.0B | $333.9M | ||
| Q2 25 | $2.7B | $328.8M | ||
| Q1 25 | $2.6B | $326.9M | ||
| Q4 24 | $2.3B | $326.5M | ||
| Q3 24 | $2.1B | $316.5M | ||
| Q2 24 | $1.9B | $426.6M | ||
| Q1 24 | $1.8B | $421.6M |
总资产AXONNPKI
| Q4 25 | $7.0B | $441.8M | ||
| Q3 25 | $6.7B | $404.5M | ||
| Q2 25 | $6.2B | $393.7M | ||
| Q1 25 | $6.1B | $390.0M | ||
| Q4 24 | $4.5B | $393.7M | ||
| Q3 24 | $4.0B | $389.6M | ||
| Q2 24 | $3.7B | $624.8M | ||
| Q1 24 | $3.6B | $640.8M |
负债/权益比AXONNPKI
| Q4 25 | 0.56× | 0.05× | ||
| Q3 25 | 0.66× | 0.03× | ||
| Q2 25 | 0.73× | 0.03× | ||
| Q1 25 | 0.79× | 0.02× | ||
| Q4 24 | 0.29× | 0.02× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.18× |
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 | $18.0M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $5.8M |
| 自由现金流率自由现金流/营收 | 19.5% | 7.6% |
| 资本支出强度资本支出/营收 | 7.8% | 16.3% |
| 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 | $26.3M |
8季度趋势，按日历期对齐
经营现金流AXONNPKI
| Q4 25 | $217.2M | $18.0M | ||
| Q3 25 | $60.0M | $24.7M | ||
| Q2 25 | $-91.7M | $21.4M | ||
| Q1 25 | $25.8M | $8.8M | ||
| Q4 24 | $250.2M | $-4.1M | ||
| Q3 24 | $91.3M | $2.8M | ||
| Q2 24 | $82.8M | $27.6M | ||
| Q1 24 | $-15.9M | $11.9M |
自由现金流AXONNPKI
| Q4 25 | $155.4M | $5.8M | ||
| Q3 25 | $33.4M | $12.0M | ||
| Q2 25 | $-114.7M | $9.7M | ||
| Q1 25 | $932.0K | $-1.2M | ||
| Q4 24 | $225.4M | $-17.7M | ||
| Q3 24 | $64.8M | $-6.7M | ||
| Q2 24 | $71.4M | $21.0M | ||
| Q1 24 | $-32.1M | $-1.9M |
自由现金流率AXONNPKI
| Q4 25 | 19.5% | 7.6% | ||
| Q3 25 | 4.7% | 17.4% | ||
| Q2 25 | -17.2% | 14.3% | ||
| Q1 25 | 0.2% | -1.8% | ||
| Q4 24 | 39.3% | -30.8% | ||
| Q3 24 | 11.9% | -15.2% | ||
| Q2 24 | 14.2% | 31.4% | ||
| Q1 24 | -7.0% | -3.9% |
资本支出强度AXONNPKI
| Q4 25 | 7.8% | 16.3% | ||
| Q3 25 | 3.7% | 18.5% | ||
| Q2 25 | 3.4% | 17.1% | ||
| Q1 25 | 4.1% | 15.5% | ||
| Q4 24 | 4.3% | 23.6% | ||
| Q3 24 | 4.9% | 21.4% | ||
| Q2 24 | 2.2% | 9.9% | ||
| Q1 24 | 3.5% | 28.3% |
现金转化率AXONNPKI
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | 4.37× | ||
| Q2 25 | -2.54× | 2.47× | ||
| Q1 25 | 0.29× | 0.88× | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.03× | 3.43× | ||
| Q1 24 | -0.12× | 1.64× |
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% |
NPKI
| Rental Revenue | $34.8M | 46% |
| Products | $25.5M | 34% |
| Services | $14.9M | 20% |
