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Axon Enterprise（AXON）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是Axon Enterprise的1.0倍（$828.2M vs $796.7M），Rithm Capital Corp.净利率更高（13.2% vs 0.3%，领先12.9%），Rithm Capital Corp.同比增速更快（508.5% vs 38.9%），过去两年Axon Enterprise的营收复合增速更高（31.5% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
AXON vs RITM — 直观对比
营收规模更大
RITM
是对方的1.0倍
$796.7M
营收增速更快
RITM
高出469.5%
38.9%
净利率更高
RITM
高出12.9%
0.3%
两年增速更快
AXON
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $828.2M |
| 净利润 | $2.7M | $109.5M |
| 毛利率 | 57.9% | — |
| 营业利润率 | -6.3% | 29.9% |
| 净利率 | 0.3% | 13.2% |
| 营收同比 | 38.9% | 508.5% |
| 净利润同比 | -98.0% | 27.7% |
| 每股收益（稀释后） | $0.02 | $0.12 |
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AXONRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $796.7M | $1.5B | ||
| Q3 25 | $710.6M | $1.1B | ||
| Q2 25 | $668.5M | $1.2B | ||
| Q1 25 | $603.6M | $768.4M | ||
| Q4 24 | $573.4M | $2.1B | ||
| Q3 24 | $544.3M | $619.5M | ||
| Q2 24 | $504.1M | $1.2B |
净利润AXONRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $2.7M | $85.0M | ||
| Q3 25 | $-2.2M | $221.5M | ||
| Q2 25 | $36.1M | $311.7M | ||
| Q1 25 | $88.0M | $78.8M | ||
| Q4 24 | $136.0M | $290.2M | ||
| Q3 24 | $67.0M | $121.7M | ||
| Q2 24 | $40.8M | $235.6M |
毛利率AXONRITM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率AXONRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | -6.3% | 13.8% | ||
| Q3 25 | -0.3% | 21.4% | ||
| Q2 25 | -0.2% | 25.2% | ||
| Q1 25 | -1.5% | 7.4% | ||
| Q4 24 | -2.6% | 23.8% | ||
| Q3 24 | 4.4% | 7.3% | ||
| Q2 24 | 6.5% | 23.6% |
净利率AXONRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 0.3% | 5.7% | ||
| Q3 25 | -0.3% | 20.0% | ||
| Q2 25 | 5.4% | 25.6% | ||
| Q1 25 | 14.6% | 10.3% | ||
| Q4 24 | 23.7% | 14.0% | ||
| Q3 24 | 12.3% | 19.7% | ||
| Q2 24 | 8.1% | 19.2% |
每股收益（稀释后）AXONRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.02 | $0.09 | ||
| Q3 25 | $-0.03 | $0.35 | ||
| Q2 25 | $0.44 | $0.53 | ||
| Q1 25 | $1.08 | $0.07 | ||
| Q4 24 | $1.68 | $0.50 | ||
| Q3 24 | $0.86 | $0.20 | ||
| Q2 24 | $0.53 | $0.43 |
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 | — |
| 股东权益账面价值 | $3.2B | $9.1B |
| 总资产 | $7.0B | $53.4B |
| 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AXONRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $1.8B | ||
| Q3 25 | $2.4B | $1.6B | ||
| Q2 25 | $2.1B | $1.6B | ||
| Q1 25 | $2.2B | $1.5B | ||
| Q4 24 | $788.1M | $1.5B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $968.9M | $1.2B |
总债务AXONRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $35.4B | ||
| Q3 25 | $2.0B | $32.2B | ||
| Q2 25 | $2.0B | $31.2B | ||
| Q1 25 | $2.0B | $32.2B | ||
| Q4 24 | $680.3M | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益AXONRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $3.2B | $8.4B | ||
| Q3 25 | $3.0B | $8.5B | ||
| Q2 25 | $2.7B | $7.9B | ||
| Q1 25 | $2.6B | $7.8B | ||
| Q4 24 | $2.3B | $7.8B | ||
| Q3 24 | $2.1B | $7.7B | ||
| Q2 24 | $1.9B | $7.3B |
总资产AXONRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $7.0B | $53.1B | ||
| Q3 25 | $6.7B | $47.2B | ||
| Q2 25 | $6.2B | $44.3B | ||
| Q1 25 | $6.1B | $45.3B | ||
| Q4 24 | $4.5B | $46.0B | ||
| Q3 24 | $4.0B | $42.3B | ||
| Q2 24 | $3.7B | $42.0B |
负债/权益比AXONRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | 4.20× | ||
| Q3 25 | 0.66× | 3.79× | ||
| Q2 25 | 0.73× | 3.92× | ||
| Q1 25 | 0.79× | 4.14× | ||
| Q4 24 | 0.29× | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | — |
| 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× | — |
| 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AXONRITM
| Q1 26 | — | — | ||
| Q4 25 | $217.2M | $-114.6M | ||
| Q3 25 | $60.0M | $-2.0B | ||
| Q2 25 | $-91.7M | $-557.1M | ||
| Q1 25 | $25.8M | $1.4B | ||
| Q4 24 | $250.2M | $-1.8B | ||
| Q3 24 | $91.3M | $768.1M | ||
| Q2 24 | $82.8M | $-55.7M |
自由现金流AXONRITM
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率AXONRITM
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度AXONRITM
| Q1 26 | — | — | ||
| 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% | — |
现金转化率AXONRITM
| Q1 26 | — | — | ||
| Q4 25 | 79.14× | -1.35× | ||
| Q3 25 | — | -9.22× | ||
| Q2 25 | -2.54× | -1.79× | ||
| Q1 25 | 0.29× | 18.03× | ||
| Q4 24 | 1.84× | -6.04× | ||
| Q3 24 | 1.36× | 6.31× | ||
| Q2 24 | 2.03× | -0.24× |
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
