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Axon Enterprise（AXON）与FreightCar America, Inc.（RAIL）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FreightCar America, Inc.的6.3倍（$796.7M vs $125.5M）。Axon Enterprise净利率更高（0.3% vs -13.2%，领先13.6%）。Axon Enterprise同比增速更快（38.9% vs -8.8%）。Axon Enterprise自由现金流更多（$155.4M vs $8.8M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs -11.7%）
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。
货运车美国公司是铁路行业货运车厢制造商，全球约有2000名雇员，核心生产基地设在墨西哥卡斯塔诺斯，厂区面积达70万平方英尺。此外，公司总部设于芝加哥，在宾夕法尼亚州约翰斯顿设有工程与零部件厂区，主要为铁路领域提供专业货运车厢产品。
AXON vs RAIL — 直观对比
营收规模更大
AXON
是对方的6.3倍
$125.5M
营收增速更快
AXON
高出47.8%
-8.8%
净利率更高
AXON
高出13.6%
-13.2%
自由现金流更多
AXON
多$146.7M
$8.8M
两年增速更快
AXON
近两年复合增速
-11.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $125.5M |
| 净利润 | $2.7M | $-16.6M |
| 毛利率 | 57.9% | 13.4% |
| 营业利润率 | -6.3% | 6.2% |
| 净利率 | 0.3% | -13.2% |
| 营收同比 | 38.9% | -8.8% |
| 净利润同比 | -98.0% | -147.9% |
| 每股收益（稀释后） | $0.02 | $-0.54 |
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AXONRAIL
| Q4 25 | $796.7M | $125.5M | ||
| Q3 25 | $710.6M | $160.4M | ||
| Q2 25 | $668.5M | $118.5M | ||
| Q1 25 | $603.6M | $96.2M | ||
| Q4 24 | $573.4M | $137.6M | ||
| Q3 24 | $544.3M | $113.2M | ||
| Q2 24 | $504.1M | $146.0M | ||
| Q1 24 | $460.7M | $160.9M |
净利润AXONRAIL
| Q4 25 | $2.7M | $-16.6M | ||
| Q3 25 | $-2.2M | $-7.4M | ||
| Q2 25 | $36.1M | $11.7M | ||
| Q1 25 | $88.0M | $50.4M | ||
| Q4 24 | $136.0M | $34.6M | ||
| Q3 24 | $67.0M | $-107.0M | ||
| Q2 24 | $40.8M | $8.2M | ||
| Q1 24 | $133.2M | $-11.6M |
毛利率AXONRAIL
| Q4 25 | 57.9% | 13.4% | ||
| Q3 25 | 60.1% | 15.1% | ||
| Q2 25 | 60.4% | 15.0% | ||
| Q1 25 | 60.6% | 15.0% | ||
| Q4 24 | 60.5% | 15.3% | ||
| Q3 24 | 60.8% | 14.3% | ||
| Q2 24 | 60.3% | 12.6% | ||
| Q1 24 | 56.4% | 7.1% |
营业利润率AXONRAIL
| Q4 25 | -6.3% | 6.2% | ||
| Q3 25 | -0.3% | 9.1% | ||
| Q2 25 | -0.2% | 6.5% | ||
| Q1 25 | -1.5% | 4.0% | ||
| Q4 24 | -2.6% | 8.5% | ||
| Q3 24 | 4.4% | 7.6% | ||
| Q2 24 | 6.5% | 9.0% | ||
| Q1 24 | 3.5% | 2.4% |
净利率AXONRAIL
| Q4 25 | 0.3% | -13.2% | ||
| Q3 25 | -0.3% | -4.6% | ||
| Q2 25 | 5.4% | 9.9% | ||
| Q1 25 | 14.6% | 52.4% | ||
| Q4 24 | 23.7% | 25.2% | ||
| Q3 24 | 12.3% | -94.6% | ||
| Q2 24 | 8.1% | 5.6% | ||
| Q1 24 | 28.9% | -7.2% |
每股收益（稀释后）AXONRAIL
| Q4 25 | $0.02 | $-0.54 | ||
| Q3 25 | $-0.03 | $-0.23 | ||
| Q2 25 | $0.44 | $0.34 | ||
| Q1 25 | $1.08 | $1.52 | ||
| Q4 24 | $1.68 | $0.88 | ||
| Q3 24 | $0.86 | $-3.57 | ||
| Q2 24 | $0.53 | $0.11 | ||
| Q1 24 | $1.73 | $-0.54 |
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 | — |
| 总债务越低越好 | $1.8B | $107.2M |
| 股东权益账面价值 | $3.2B | $-107.4M |
| 总资产 | $7.0B | $290.0M |
| 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AXONRAIL
| Q4 25 | $1.7B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $788.1M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $968.9M | — | ||
| Q1 24 | $964.1M | — |
总债务AXONRAIL
| Q4 25 | $1.8B | $107.2M | ||
| Q3 25 | $2.0B | $107.6M | ||
| Q2 25 | $2.0B | $107.9M | ||
| Q1 25 | $2.0B | $108.2M | ||
| Q4 24 | $680.3M | $108.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AXONRAIL
| Q4 25 | $3.2B | $-107.4M | ||
| Q3 25 | $3.0B | $-90.9M | ||
| Q2 25 | $2.7B | $-83.5M | ||
| Q1 25 | $2.6B | $-97.4M | ||
| Q4 24 | $2.3B | $-150.3M | ||
| Q3 24 | $2.1B | $-156.3M | ||
| Q2 24 | $1.9B | $-48.8M | ||
| Q1 24 | $1.8B | $-57.0M |
总资产AXONRAIL
| Q4 25 | $7.0B | $290.0M | ||
| Q3 25 | $6.7B | $340.8M | ||
| Q2 25 | $6.2B | $328.1M | ||
| Q1 25 | $6.1B | $250.5M | ||
| Q4 24 | $4.5B | $224.2M | ||
| Q3 24 | $4.0B | $245.9M | ||
| Q2 24 | $3.7B | $207.2M | ||
| Q1 24 | $3.6B | $248.7M |
负债/权益比AXONRAIL
| 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 | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $8.8M |
| 自由现金流率自由现金流/营收 | 19.5% | 7.0% |
| 资本支出强度资本支出/营收 | 7.8% | 1.0% |
| 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 | $31.4M |
8季度趋势，按日历期对齐
经营现金流AXONRAIL
| Q4 25 | $217.2M | $10.0M | ||
| Q3 25 | $60.0M | $3.4M | ||
| Q2 25 | $-91.7M | $8.5M | ||
| Q1 25 | $25.8M | $12.8M | ||
| Q4 24 | $250.2M | $5.9M | ||
| Q3 24 | $91.3M | $7.2M | ||
| Q2 24 | $82.8M | $57.2M | ||
| Q1 24 | $-15.9M | $-25.3M |
自由现金流AXONRAIL
| Q4 25 | $155.4M | $8.8M | ||
| Q3 25 | $33.4M | $2.2M | ||
| Q2 25 | $-114.7M | $7.9M | ||
| Q1 25 | $932.0K | $12.5M | ||
| Q4 24 | $225.4M | $4.6M | ||
| Q3 24 | $64.8M | $5.7M | ||
| Q2 24 | $71.4M | $55.9M | ||
| Q1 24 | $-32.1M | $-26.3M |
自由现金流率AXONRAIL
| Q4 25 | 19.5% | 7.0% | ||
| Q3 25 | 4.7% | 1.4% | ||
| Q2 25 | -17.2% | 6.7% | ||
| Q1 25 | 0.2% | 13.0% | ||
| Q4 24 | 39.3% | 3.3% | ||
| Q3 24 | 11.9% | 5.0% | ||
| Q2 24 | 14.2% | 38.3% | ||
| Q1 24 | -7.0% | -16.3% |
资本支出强度AXONRAIL
| Q4 25 | 7.8% | 1.0% | ||
| Q3 25 | 3.7% | 0.7% | ||
| Q2 25 | 3.4% | 0.5% | ||
| Q1 25 | 4.1% | 0.3% | ||
| Q4 24 | 4.3% | 0.9% | ||
| Q3 24 | 4.9% | 1.3% | ||
| Q2 24 | 2.2% | 0.9% | ||
| Q1 24 | 3.5% | 0.6% |
现金转化率AXONRAIL
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | 0.73× | ||
| Q1 25 | 0.29× | 0.25× | ||
| Q4 24 | 1.84× | 0.17× | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.03× | 6.99× | ||
| 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% |
RAIL
| Railcar Sales | $118.9M | 95% |
| Aftermarket Sales | $6.6M | 5% |
