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Axon Enterprise（AXON）与OGE ENERGY CORP.（OGE）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OGE ENERGY CORP.的1.1倍（$796.7M vs $701.7M），OGE ENERGY CORP.净利率更高（9.9% vs 0.3%，领先9.5%），Axon Enterprise同比增速更快（38.9% vs -5.8%），Axon Enterprise自由现金流更多（$155.4M vs $83.1M），过去两年Axon Enterprise的营收复合增速更高（31.5% vs 9.7%）
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。
OGE能源集团是一家受监管的公用电力企业，核心子公司俄克拉荷马燃气电力公司为俄克拉荷马州及阿肯色州超84.3万用户提供服务，覆盖俄克拉荷马城大都会区150万居民，总部设于俄克拉荷马城市中心。集团原旗下天然气管道业务Enogex于2013年与CenterPoint Energy的中游业务合并组建为Enable Midstream。
AXON vs OGE — 直观对比
营收规模更大
AXON
是对方的1.1倍
$701.7M
营收增速更快
AXON
高出44.7%
-5.8%
净利率更高
OGE
高出9.5%
0.3%
自由现金流更多
AXON
多$72.3M
$83.1M
两年增速更快
AXON
近两年复合增速
9.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $701.7M |
| 净利润 | $2.7M | $69.2M |
| 毛利率 | 57.9% | 59.2% |
| 营业利润率 | -6.3% | 19.7% |
| 净利率 | 0.3% | 9.9% |
| 营收同比 | 38.9% | -5.8% |
| 净利润同比 | -98.0% | -32.1% |
| 每股收益（稀释后） | $0.02 | $0.34 |
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AXONOGE
| Q4 25 | $796.7M | $701.7M | ||
| Q3 25 | $710.6M | $1.0B | ||
| Q2 25 | $668.5M | $719.7M | ||
| Q1 25 | $603.6M | $741.1M | ||
| Q4 24 | $573.4M | $744.7M | ||
| Q3 24 | $544.3M | $945.2M | ||
| Q2 24 | $504.1M | $644.1M | ||
| Q1 24 | $460.7M | $582.6M |
净利润AXONOGE
| Q4 25 | $2.7M | $69.2M | ||
| Q3 25 | $-2.2M | $231.3M | ||
| Q2 25 | $36.1M | $107.5M | ||
| Q1 25 | $88.0M | $62.7M | ||
| Q4 24 | $136.0M | $101.9M | ||
| Q3 24 | $67.0M | $218.7M | ||
| Q2 24 | $40.8M | $102.3M | ||
| Q1 24 | $133.2M | $18.6M |
毛利率AXONOGE
| Q4 25 | 57.9% | 59.2% | ||
| Q3 25 | 60.1% | 62.2% | ||
| Q2 25 | 60.4% | 63.7% | ||
| Q1 25 | 60.6% | 56.3% | ||
| Q4 24 | 60.5% | 59.7% | ||
| Q3 24 | 60.8% | 63.0% | ||
| Q2 24 | 60.3% | 69.9% | ||
| Q1 24 | 56.4% | 60.1% |
营业利润率AXONOGE
| Q4 25 | -6.3% | 19.7% | ||
| Q3 25 | -0.3% | 33.2% | ||
| Q2 25 | -0.2% | 25.9% | ||
| Q1 25 | -1.5% | 18.0% | ||
| Q4 24 | -2.6% | 24.5% | ||
| Q3 24 | 4.4% | 33.1% | ||
| Q2 24 | 6.5% | 27.3% | ||
| Q1 24 | 3.5% | 12.7% |
净利率AXONOGE
| Q4 25 | 0.3% | 9.9% | ||
| Q3 25 | -0.3% | 22.5% | ||
| Q2 25 | 5.4% | 14.9% | ||
| Q1 25 | 14.6% | 8.5% | ||
| Q4 24 | 23.7% | 13.7% | ||
| Q3 24 | 12.3% | 23.1% | ||
| Q2 24 | 8.1% | 15.9% | ||
| Q1 24 | 28.9% | 3.2% |
每股收益（稀释后）AXONOGE
| Q4 25 | $0.02 | $0.34 | ||
| Q3 25 | $-0.03 | $1.14 | ||
| Q2 25 | $0.44 | $0.53 | ||
| Q1 25 | $1.08 | $0.31 | ||
| Q4 24 | $1.68 | $0.50 | ||
| Q3 24 | $0.86 | $1.09 | ||
| Q2 24 | $0.53 | $0.51 | ||
| Q1 24 | $1.73 | $0.09 |
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 | $200.0K |
| 总债务越低越好 | $1.8B | $5.4B |
| 股东权益账面价值 | $3.2B | $5.0B |
| 总资产 | $7.0B | $14.4B |
| 负债/权益比越低杠杆越低 | 0.56× | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资AXONOGE
| Q4 25 | $1.7B | $200.0K | ||
| Q3 25 | $2.4B | $300.0K | ||
| Q2 25 | $2.1B | $500.0K | ||
| Q1 25 | $2.2B | $26.9M | ||
| Q4 24 | $788.1M | $600.0K | ||
| Q3 24 | $1.0B | $9.9M | ||
| Q2 24 | $968.9M | $100.0K | ||
| Q1 24 | $964.1M | $4.3M |
总债务AXONOGE
| Q4 25 | $1.8B | $5.4B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $680.3M | $5.1B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AXONOGE
| Q4 25 | $3.2B | $5.0B | ||
| Q3 25 | $3.0B | $4.8B | ||
| Q2 25 | $2.7B | $4.6B | ||
| Q1 25 | $2.6B | $4.6B | ||
| Q4 24 | $2.3B | $4.6B | ||
| Q3 24 | $2.1B | $4.6B | ||
| Q2 24 | $1.9B | $4.5B | ||
| Q1 24 | $1.8B | $4.4B |
总资产AXONOGE
| Q4 25 | $7.0B | $14.4B | ||
| Q3 25 | $6.7B | $14.3B | ||
| Q2 25 | $6.2B | $14.1B | ||
| Q1 25 | $6.1B | $14.0B | ||
| Q4 24 | $4.5B | $13.7B | ||
| Q3 24 | $4.0B | $13.5B | ||
| Q2 24 | $3.7B | $13.2B | ||
| Q1 24 | $3.6B | $12.9B |
负债/权益比AXONOGE
| Q4 25 | 0.56× | 1.08× | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 0.29× | 1.09× | ||
| 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 | $384.8M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $83.1M |
| 自由现金流率自由现金流/营收 | 19.5% | 11.8% |
| 资本支出强度资本支出/营收 | 7.8% | 43.0% |
| 现金转化率经营现金流/净利润 | 79.14× | 5.56× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $82.7M |
8季度趋势，按日历期对齐
经营现金流AXONOGE
| Q4 25 | $217.2M | $384.8M | ||
| Q3 25 | $60.0M | $397.8M | ||
| Q2 25 | $-91.7M | $338.6M | ||
| Q1 25 | $25.8M | $15.9M | ||
| Q4 24 | $250.2M | $129.6M | ||
| Q3 24 | $91.3M | $347.1M | ||
| Q2 24 | $82.8M | $253.1M | ||
| Q1 24 | $-15.9M | $83.0M |
自由现金流AXONOGE
| Q4 25 | $155.4M | $83.1M | ||
| Q3 25 | $33.4M | $168.3M | ||
| Q2 25 | $-114.7M | $64.9M | ||
| Q1 25 | $932.0K | $-233.6M | ||
| Q4 24 | $225.4M | $-167.0M | ||
| Q3 24 | $64.8M | $103.0M | ||
| Q2 24 | $71.4M | $-70.2M | ||
| Q1 24 | $-32.1M | $-143.9M |
自由现金流率AXONOGE
| Q4 25 | 19.5% | 11.8% | ||
| Q3 25 | 4.7% | 16.4% | ||
| Q2 25 | -17.2% | 9.0% | ||
| Q1 25 | 0.2% | -31.5% | ||
| Q4 24 | 39.3% | -22.4% | ||
| Q3 24 | 11.9% | 10.9% | ||
| Q2 24 | 14.2% | -10.9% | ||
| Q1 24 | -7.0% | -24.7% |
资本支出强度AXONOGE
| Q4 25 | 7.8% | 43.0% | ||
| Q3 25 | 3.7% | 22.3% | ||
| Q2 25 | 3.4% | 38.0% | ||
| Q1 25 | 4.1% | 33.7% | ||
| Q4 24 | 4.3% | 39.8% | ||
| Q3 24 | 4.9% | 25.8% | ||
| Q2 24 | 2.2% | 50.2% | ||
| Q1 24 | 3.5% | 38.9% |
现金转化率AXONOGE
| Q4 25 | 79.14× | 5.56× | ||
| Q3 25 | — | 1.72× | ||
| Q2 25 | -2.54× | 3.15× | ||
| Q1 25 | 0.29× | 0.25× | ||
| Q4 24 | 1.84× | 1.27× | ||
| Q3 24 | 1.36× | 1.59× | ||
| Q2 24 | 2.03× | 2.47× | ||
| Q1 24 | -0.12× | 4.46× |
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% |
OGE
| Residential | $238.0M | 34% |
| Commercial | $216.6M | 31% |
| Public Authority | $60.7M | 9% |
| Industrial | $59.6M | 8% |
| Oilfield | $56.6M | 8% |
| Transmission | $38.7M | 6% |
| Integrated Market | $20.4M | 3% |
| Other Contractswith Customers | $11.1M | 2% |
