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Axon Enterprise（AXON）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是Axon Enterprise的1.5倍（$1.2B vs $796.7M），先锋自然资源公司净利率更高（29.0% vs 0.3%，领先28.7%），Axon Enterprise同比增速更快（38.9% vs -9.8%），过去两年Axon Enterprise的营收复合增速更高（31.5% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
AXON vs PR — 直观对比
营收规模更大
PR
是对方的1.5倍
$796.7M
营收增速更快
AXON
高出48.7%
-9.8%
净利率更高
PR
高出28.7%
0.3%
两年增速更快
AXON
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $1.2B |
| 净利润 | $2.7M | $339.5M |
| 毛利率 | 57.9% | — |
| 营业利润率 | -6.3% | 23.1% |
| 净利率 | 0.3% | 29.0% |
| 营收同比 | 38.9% | -9.8% |
| 净利润同比 | -98.0% | 56.7% |
| 每股收益（稀释后） | $0.02 | $0.48 |
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AXONPR
| Q4 25 | $796.7M | $1.2B | ||
| Q3 25 | $710.6M | $1.3B | ||
| Q2 25 | $668.5M | $1.2B | ||
| Q1 25 | $603.6M | $1.4B | ||
| Q4 24 | $573.4M | $1.3B | ||
| Q3 24 | $544.3M | $1.2B | ||
| Q2 24 | $504.1M | $1.2B | ||
| Q1 24 | $460.7M | $1.2B |
净利润AXONPR
| Q4 25 | $2.7M | $339.5M | ||
| Q3 25 | $-2.2M | $59.2M | ||
| Q2 25 | $36.1M | $207.1M | ||
| Q1 25 | $88.0M | $329.3M | ||
| Q4 24 | $136.0M | $216.7M | ||
| Q3 24 | $67.0M | $386.4M | ||
| Q2 24 | $40.8M | $235.1M | ||
| Q1 24 | $133.2M | $146.6M |
毛利率AXONPR
| 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AXONPR
| Q4 25 | -6.3% | 23.1% | ||
| Q3 25 | -0.3% | 29.6% | ||
| Q2 25 | -0.2% | 24.8% | ||
| Q1 25 | -1.5% | 36.6% | ||
| Q4 24 | -2.6% | 32.8% | ||
| Q3 24 | 4.4% | 32.5% | ||
| Q2 24 | 6.5% | 36.5% | ||
| Q1 24 | 3.5% | 37.7% |
净利率AXONPR
| Q4 25 | 0.3% | 29.0% | ||
| Q3 25 | -0.3% | 4.5% | ||
| Q2 25 | 5.4% | 17.3% | ||
| Q1 25 | 14.6% | 23.9% | ||
| Q4 24 | 23.7% | 16.7% | ||
| Q3 24 | 12.3% | 31.8% | ||
| Q2 24 | 8.1% | 18.9% | ||
| Q1 24 | 28.9% | 11.8% |
每股收益（稀释后）AXONPR
| Q4 25 | $0.02 | $0.48 | ||
| Q3 25 | $-0.03 | $0.08 | ||
| Q2 25 | $0.44 | $0.28 | ||
| Q1 25 | $1.08 | $0.44 | ||
| Q4 24 | $1.68 | $0.31 | ||
| Q3 24 | $0.86 | $0.53 | ||
| Q2 24 | $0.53 | $0.36 | ||
| Q1 24 | $1.73 | $0.25 |
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 | $153.7M |
| 总债务越低越好 | $1.8B | $3.5B |
| 股东权益账面价值 | $3.2B | $10.3B |
| 总资产 | $7.0B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资AXONPR
| Q4 25 | $1.7B | $153.7M | ||
| Q3 25 | $2.4B | $111.8M | ||
| Q2 25 | $2.1B | $451.0M | ||
| Q1 25 | $2.2B | $702.2M | ||
| Q4 24 | $788.1M | $479.3M | ||
| Q3 24 | $1.0B | $272.0M | ||
| Q2 24 | $968.9M | $47.8M | ||
| Q1 24 | $964.1M | $12.7M |
总债务AXONPR
| Q4 25 | $1.8B | $3.5B | ||
| Q3 25 | $2.0B | $3.5B | ||
| Q2 25 | $2.0B | $4.0B | ||
| Q1 25 | $2.0B | $4.0B | ||
| Q4 24 | $680.3M | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益AXONPR
| Q4 25 | $3.2B | $10.3B | ||
| Q3 25 | $3.0B | $10.0B | ||
| Q2 25 | $2.7B | $9.5B | ||
| Q1 25 | $2.6B | $9.4B | ||
| Q4 24 | $2.3B | $9.1B | ||
| Q3 24 | $2.1B | $9.0B | ||
| Q2 24 | $1.9B | $8.3B | ||
| Q1 24 | $1.8B | $7.0B |
总资产AXONPR
| Q4 25 | $7.0B | $17.9B | ||
| Q3 25 | $6.7B | $17.3B | ||
| Q2 25 | $6.2B | $17.5B | ||
| Q1 25 | $6.1B | $17.1B | ||
| Q4 24 | $4.5B | $16.9B | ||
| Q3 24 | $4.0B | $16.6B | ||
| Q2 24 | $3.7B | $15.4B | ||
| Q1 24 | $3.6B | $15.1B |
负债/权益比AXONPR
| Q4 25 | 0.56× | 0.34× | ||
| Q3 25 | 0.66× | 0.35× | ||
| Q2 25 | 0.73× | 0.42× | ||
| Q1 25 | 0.79× | 0.43× | ||
| Q4 24 | 0.29× | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.56× |
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 | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | — |
| 自由现金流率自由现金流/营收 | 19.5% | — |
| 资本支出强度资本支出/营收 | 7.8% | — |
| 现金转化率经营现金流/净利润 | 79.14× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $75.1M | — |
8季度趋势，按日历期对齐
经营现金流AXONPR
| Q4 25 | $217.2M | $904.3M | ||
| Q3 25 | $60.0M | $766.5M | ||
| Q2 25 | $-91.7M | $1.0B | ||
| Q1 25 | $25.8M | $898.0M | ||
| Q4 24 | $250.2M | $871.6M | ||
| Q3 24 | $91.3M | $954.4M | ||
| Q2 24 | $82.8M | $938.4M | ||
| Q1 24 | $-15.9M | $647.6M |
自由现金流AXONPR
| Q4 25 | $155.4M | — | ||
| Q3 25 | $33.4M | — | ||
| Q2 25 | $-114.7M | — | ||
| Q1 25 | $932.0K | — | ||
| Q4 24 | $225.4M | — | ||
| Q3 24 | $64.8M | — | ||
| Q2 24 | $71.4M | — | ||
| Q1 24 | $-32.1M | — |
自由现金流率AXONPR
| Q4 25 | 19.5% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | -17.2% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 39.3% | — | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 14.2% | — | ||
| Q1 24 | -7.0% | — |
资本支出强度AXONPR
| Q4 25 | 7.8% | — | ||
| Q3 25 | 3.7% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 3.5% | — |
现金转化率AXONPR
| Q4 25 | 79.14× | 2.66× | ||
| Q3 25 | — | 12.94× | ||
| Q2 25 | -2.54× | 5.01× | ||
| Q1 25 | 0.29× | 2.73× | ||
| Q4 24 | 1.84× | 4.02× | ||
| Q3 24 | 1.36× | 2.47× | ||
| Q2 24 | 2.03× | 3.99× | ||
| Q1 24 | -0.12× | 4.42× |
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% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
