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Axon Enterprise（AXON）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的5.3倍（$796.7M vs $151.1M）。Axon Enterprise同比增速更快（38.9% vs 3.6%）。Axon Enterprise自由现金流更多（$155.4M vs $12.3M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs 5.1%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
AXON vs RGR — 直观对比
营收规模更大
AXON
是对方的5.3倍
$151.1M
营收增速更快
AXON
高出35.3%
3.6%
自由现金流更多
AXON
多$143.1M
$12.3M
两年增速更快
AXON
近两年复合增速
5.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $151.1M |
| 净利润 | $2.7M | — |
| 毛利率 | 57.9% | 17.8% |
| 营业利润率 | -6.3% | 2.3% |
| 净利率 | 0.3% | — |
| 营收同比 | 38.9% | 3.6% |
| 净利润同比 | -98.0% | — |
| 每股收益（稀释后） | $0.02 | $0.22 |
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AXONRGR
| Q4 25 | $796.7M | $151.1M | ||
| Q3 25 | $710.6M | $126.8M | ||
| Q2 25 | $668.5M | $132.5M | ||
| Q1 25 | $603.6M | $135.7M | ||
| Q4 24 | $573.4M | $145.8M | ||
| Q3 24 | $544.3M | $122.3M | ||
| Q2 24 | $504.1M | $130.8M | ||
| Q1 24 | $460.7M | $136.8M |
净利润AXONRGR
| Q4 25 | $2.7M | — | ||
| Q3 25 | $-2.2M | $1.6M | ||
| Q2 25 | $36.1M | $-17.2M | ||
| Q1 25 | $88.0M | $7.8M | ||
| Q4 24 | $136.0M | — | ||
| Q3 24 | $67.0M | $4.7M | ||
| Q2 24 | $40.8M | $8.3M | ||
| Q1 24 | $133.2M | $7.1M |
毛利率AXONRGR
| Q4 25 | 57.9% | 17.8% | ||
| Q3 25 | 60.1% | 15.1% | ||
| Q2 25 | 60.4% | 3.9% | ||
| Q1 25 | 60.6% | 22.0% | ||
| Q4 24 | 60.5% | 22.8% | ||
| Q3 24 | 60.8% | 18.5% | ||
| Q2 24 | 60.3% | 22.3% | ||
| Q1 24 | 56.4% | 21.5% |
营业利润率AXONRGR
| Q4 25 | -6.3% | 2.3% | ||
| Q3 25 | -0.3% | -2.7% | ||
| Q2 25 | -0.2% | -15.6% | ||
| Q1 25 | -1.5% | 6.2% | ||
| Q4 24 | -2.6% | 7.8% | ||
| Q3 24 | 4.4% | 3.1% | ||
| Q2 24 | 6.5% | 6.9% | ||
| Q1 24 | 3.5% | 5.5% |
净利率AXONRGR
| Q4 25 | 0.3% | — | ||
| Q3 25 | -0.3% | 1.2% | ||
| Q2 25 | 5.4% | -13.0% | ||
| Q1 25 | 14.6% | 5.7% | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | 12.3% | 3.9% | ||
| Q2 24 | 8.1% | 6.3% | ||
| Q1 24 | 28.9% | 5.2% |
每股收益（稀释后）AXONRGR
| Q4 25 | $0.02 | $0.22 | ||
| Q3 25 | $-0.03 | $0.10 | ||
| Q2 25 | $0.44 | $-1.05 | ||
| Q1 25 | $1.08 | $0.46 | ||
| Q4 24 | $1.68 | $0.62 | ||
| Q3 24 | $0.86 | $0.28 | ||
| Q2 24 | $0.53 | $0.47 | ||
| Q1 24 | $1.73 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $283.8M |
| 总资产 | $7.0B | $342.0M |
| 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AXONRGR
| Q4 25 | $1.7B | $92.5M | ||
| Q3 25 | $2.4B | $80.8M | ||
| Q2 25 | $2.1B | $101.4M | ||
| Q1 25 | $2.2B | $108.3M | ||
| Q4 24 | $788.1M | $105.5M | ||
| Q3 24 | $1.0B | $96.0M | ||
| Q2 24 | $968.9M | $105.6M | ||
| Q1 24 | $964.1M | $115.3M |
总债务AXONRGR
| 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AXONRGR
| Q4 25 | $3.2B | $283.8M | ||
| Q3 25 | $3.0B | $279.6M | ||
| Q2 25 | $2.7B | $289.3M | ||
| Q1 25 | $2.6B | $321.5M | ||
| Q4 24 | $2.3B | $319.6M | ||
| Q3 24 | $2.1B | $314.9M | ||
| Q2 24 | $1.9B | $321.5M | ||
| Q1 24 | $1.8B | $332.0M |
总资产AXONRGR
| Q4 25 | $7.0B | $342.0M | ||
| Q3 25 | $6.7B | $342.3M | ||
| Q2 25 | $6.2B | $349.5M | ||
| Q1 25 | $6.1B | $379.0M | ||
| Q4 24 | $4.5B | $384.0M | ||
| Q3 24 | $4.0B | $373.5M | ||
| Q2 24 | $3.7B | $376.7M | ||
| Q1 24 | $3.6B | $385.0M |
负债/权益比AXONRGR
| 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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $12.3M |
| 自由现金流率自由现金流/营收 | 19.5% | 8.2% |
| 资本支出强度资本支出/营收 | 7.8% | 2.1% |
| 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 | $38.5M |
8季度趋势，按日历期对齐
经营现金流AXONRGR
| Q4 25 | $217.2M | $15.5M | ||
| Q3 25 | $60.0M | $12.9M | ||
| Q2 25 | $-91.7M | $14.7M | ||
| Q1 25 | $25.8M | $11.1M | ||
| Q4 24 | $250.2M | $20.0M | ||
| Q3 24 | $91.3M | $9.4M | ||
| Q2 24 | $82.8M | $18.7M | ||
| Q1 24 | $-15.9M | $7.3M |
自由现金流AXONRGR
| Q4 25 | $155.4M | $12.3M | ||
| Q3 25 | $33.4M | $7.0M | ||
| Q2 25 | $-114.7M | $9.1M | ||
| Q1 25 | $932.0K | $10.0M | ||
| Q4 24 | $225.4M | $16.4M | ||
| Q3 24 | $64.8M | $2.6M | ||
| Q2 24 | $71.4M | $10.1M | ||
| Q1 24 | $-32.1M | $5.6M |
自由现金流率AXONRGR
| Q4 25 | 19.5% | 8.2% | ||
| Q3 25 | 4.7% | 5.5% | ||
| Q2 25 | -17.2% | 6.9% | ||
| Q1 25 | 0.2% | 7.4% | ||
| Q4 24 | 39.3% | 11.2% | ||
| Q3 24 | 11.9% | 2.1% | ||
| Q2 24 | 14.2% | 7.7% | ||
| Q1 24 | -7.0% | 4.1% |
资本支出强度AXONRGR
| Q4 25 | 7.8% | 2.1% | ||
| Q3 25 | 3.7% | 4.6% | ||
| Q2 25 | 3.4% | 4.2% | ||
| Q1 25 | 4.1% | 0.8% | ||
| Q4 24 | 4.3% | 2.5% | ||
| Q3 24 | 4.9% | 5.5% | ||
| Q2 24 | 2.2% | 6.6% | ||
| Q1 24 | 3.5% | 1.3% |
现金转化率AXONRGR
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | -2.54× | — | ||
| Q1 25 | 0.29× | 1.43× | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | 1.98× | ||
| Q2 24 | 2.03× | 2.27× | ||
| Q1 24 | -0.12× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
