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Axon Enterprise（AXON）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是Axon Enterprise的1.7倍（$1.3B vs $796.7M），PINTEREST, INC.净利率更高（21.0% vs 0.3%，领先20.7%），Axon Enterprise同比增速更快（38.9% vs 14.3%），PINTEREST, INC.自由现金流更多（$380.4M vs $155.4M），过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 31.5%）
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。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
AXON vs PINS — 直观对比
营收规模更大
PINS
是对方的1.7倍
$796.7M
营收增速更快
AXON
高出24.6%
14.3%
净利率更高
PINS
高出20.7%
0.3%
自由现金流更多
PINS
多$224.9M
$155.4M
两年增速更快
PINS
近两年复合增速
31.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $1.3B |
| 净利润 | $2.7M | $277.1M |
| 毛利率 | 57.9% | 82.8% |
| 营业利润率 | -6.3% | 22.8% |
| 净利率 | 0.3% | 21.0% |
| 营收同比 | 38.9% | 14.3% |
| 净利润同比 | -98.0% | -85.0% |
| 每股收益（稀释后） | $0.02 | $0.41 |
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AXONPINS
| Q4 25 | $796.7M | $1.3B | ||
| Q3 25 | $710.6M | $1.0B | ||
| Q2 25 | $668.5M | $998.2M | ||
| Q1 25 | $603.6M | $855.0M | ||
| Q4 24 | $573.4M | $1.2B | ||
| Q3 24 | $544.3M | $898.4M | ||
| Q2 24 | $504.1M | $853.7M | ||
| Q1 24 | $460.7M | $740.0M |
净利润AXONPINS
| Q4 25 | $2.7M | $277.1M | ||
| Q3 25 | $-2.2M | $92.1M | ||
| Q2 25 | $36.1M | $38.8M | ||
| Q1 25 | $88.0M | $8.9M | ||
| Q4 24 | $136.0M | $1.8B | ||
| Q3 24 | $67.0M | $30.6M | ||
| Q2 24 | $40.8M | $8.9M | ||
| Q1 24 | $133.2M | $-24.8M |
毛利率AXONPINS
| Q4 25 | 57.9% | 82.8% | ||
| Q3 25 | 60.1% | 79.8% | ||
| Q2 25 | 60.4% | 79.7% | ||
| Q1 25 | 60.6% | 76.7% | ||
| Q4 24 | 60.5% | 82.9% | ||
| Q3 24 | 60.8% | 79.1% | ||
| Q2 24 | 60.3% | 78.3% | ||
| Q1 24 | 56.4% | 75.5% |
营业利润率AXONPINS
| Q4 25 | -6.3% | 22.8% | ||
| Q3 25 | -0.3% | 5.6% | ||
| Q2 25 | -0.2% | -0.4% | ||
| Q1 25 | -1.5% | -4.1% | ||
| Q4 24 | -2.6% | 22.7% | ||
| Q3 24 | 4.4% | -0.7% | ||
| Q2 24 | 6.5% | -2.5% | ||
| Q1 24 | 3.5% | -7.4% |
净利率AXONPINS
| Q4 25 | 0.3% | 21.0% | ||
| Q3 25 | -0.3% | 8.8% | ||
| Q2 25 | 5.4% | 3.9% | ||
| Q1 25 | 14.6% | 1.0% | ||
| Q4 24 | 23.7% | 160.1% | ||
| Q3 24 | 12.3% | 3.4% | ||
| Q2 24 | 8.1% | 1.0% | ||
| Q1 24 | 28.9% | -3.4% |
每股收益（稀释后）AXONPINS
| Q4 25 | $0.02 | $0.41 | ||
| Q3 25 | $-0.03 | $0.13 | ||
| Q2 25 | $0.44 | $0.06 | ||
| Q1 25 | $1.08 | $0.01 | ||
| Q4 24 | $1.68 | $2.66 | ||
| Q3 24 | $0.86 | $0.04 | ||
| Q2 24 | $0.53 | $0.01 | ||
| Q1 24 | $1.73 | $-0.04 |
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 | $969.3M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $4.7B |
| 总资产 | $7.0B | $5.5B |
| 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AXONPINS
| Q4 25 | $1.7B | $969.3M | ||
| Q3 25 | $2.4B | $1.1B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.2B | $1.3B | ||
| Q4 24 | $788.1M | $1.1B | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $968.9M | $1.4B | ||
| Q1 24 | $964.1M | $1.6B |
总债务AXONPINS
| 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AXONPINS
| Q4 25 | $3.2B | $4.7B | ||
| Q3 25 | $3.0B | $4.8B | ||
| Q2 25 | $2.7B | $4.8B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.3B | $4.8B | ||
| Q3 24 | $2.1B | $2.9B | ||
| Q2 24 | $1.9B | $3.2B | ||
| Q1 24 | $1.8B | $3.1B |
总资产AXONPINS
| Q4 25 | $7.0B | $5.5B | ||
| Q3 25 | $6.7B | $5.5B | ||
| Q2 25 | $6.2B | $5.4B | ||
| Q1 25 | $6.1B | $5.3B | ||
| Q4 24 | $4.5B | $5.3B | ||
| Q3 24 | $4.0B | $3.5B | ||
| Q2 24 | $3.7B | $3.7B | ||
| Q1 24 | $3.6B | $3.7B |
负债/权益比AXONPINS
| 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 | $391.2M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $380.4M |
| 自由现金流率自由现金流/营收 | 19.5% | 28.8% |
| 资本支出强度资本支出/营收 | 7.8% | 0.8% |
| 现金转化率经营现金流/净利润 | 79.14× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $1.3B |
8季度趋势，按日历期对齐
经营现金流AXONPINS
| Q4 25 | $217.2M | $391.2M | ||
| Q3 25 | $60.0M | $321.7M | ||
| Q2 25 | $-91.7M | $207.7M | ||
| Q1 25 | $25.8M | $363.7M | ||
| Q4 24 | $250.2M | $254.0M | ||
| Q3 24 | $91.3M | $248.0M | ||
| Q2 24 | $82.8M | $106.4M | ||
| Q1 24 | $-15.9M | $356.1M |
自由现金流AXONPINS
| Q4 25 | $155.4M | $380.4M | ||
| Q3 25 | $33.4M | $318.4M | ||
| Q2 25 | $-114.7M | $196.7M | ||
| Q1 25 | $932.0K | $356.4M | ||
| Q4 24 | $225.4M | $250.2M | ||
| Q3 24 | $64.8M | $244.1M | ||
| Q2 24 | $71.4M | $101.6M | ||
| Q1 24 | $-32.1M | $344.0M |
自由现金流率AXONPINS
| Q4 25 | 19.5% | 28.8% | ||
| Q3 25 | 4.7% | 30.3% | ||
| Q2 25 | -17.2% | 19.7% | ||
| Q1 25 | 0.2% | 41.7% | ||
| Q4 24 | 39.3% | 21.7% | ||
| Q3 24 | 11.9% | 27.2% | ||
| Q2 24 | 14.2% | 11.9% | ||
| Q1 24 | -7.0% | 46.5% |
资本支出强度AXONPINS
| Q4 25 | 7.8% | 0.8% | ||
| Q3 25 | 3.7% | 0.3% | ||
| Q2 25 | 3.4% | 1.1% | ||
| Q1 25 | 4.1% | 0.9% | ||
| Q4 24 | 4.3% | 0.3% | ||
| Q3 24 | 4.9% | 0.4% | ||
| Q2 24 | 2.2% | 0.6% | ||
| Q1 24 | 3.5% | 1.6% |
现金转化率AXONPINS
| Q4 25 | 79.14× | 1.41× | ||
| Q3 25 | — | 3.49× | ||
| Q2 25 | -2.54× | 5.36× | ||
| Q1 25 | 0.29× | 40.77× | ||
| Q4 24 | 1.84× | 0.14× | ||
| Q3 24 | 1.36× | 8.12× | ||
| Q2 24 | 2.03× | 11.98× | ||
| 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% |
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
