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Axon Enterprise（AXON）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
瑞思迈的季度营收约是Axon Enterprise的1.8倍（$1.4B vs $796.7M），瑞思迈净利率更高（27.6% vs 0.3%，领先27.2%），Axon Enterprise同比增速更快（38.9% vs 11.0%），过去两年Axon Enterprise的营收复合增速更高（31.5% vs 7.8%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
AXON vs RMD — 直观对比
营收规模更大
RMD
是对方的1.8倍
$796.7M
营收增速更快
AXON
高出28.0%
11.0%
净利率更高
RMD
高出27.2%
0.3%
两年增速更快
AXON
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $1.4B |
| 净利润 | $2.7M | $392.6M |
| 毛利率 | 57.9% | 61.8% |
| 营业利润率 | -6.3% | 34.6% |
| 净利率 | 0.3% | 27.6% |
| 营收同比 | 38.9% | 11.0% |
| 净利润同比 | -98.0% | 13.9% |
| 每股收益（稀释后） | $0.02 | $2.68 |
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AXONRMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.4B | ||
| Q4 25 | $796.7M | $1.4B | ||
| Q3 25 | $710.6M | $1.3B | ||
| Q2 25 | $668.5M | $1.3B | ||
| Q1 25 | $603.6M | $1.3B | ||
| Q4 24 | $573.4M | $1.3B | ||
| Q3 24 | $544.3M | $1.2B |
净利润AXONRMD
| Q2 26 | — | $392.6M | ||
| Q1 26 | — | $398.7M | ||
| Q4 25 | $2.7M | $392.6M | ||
| Q3 25 | $-2.2M | $348.5M | ||
| Q2 25 | $36.1M | $379.7M | ||
| Q1 25 | $88.0M | $365.0M | ||
| Q4 24 | $136.0M | $344.6M | ||
| Q3 24 | $67.0M | $311.4M |
毛利率AXONRMD
| Q2 26 | — | 61.8% | ||
| Q1 26 | — | 62.2% | ||
| Q4 25 | 57.9% | 61.8% | ||
| Q3 25 | 60.1% | 61.5% | ||
| Q2 25 | 60.4% | 60.8% | ||
| Q1 25 | 60.6% | 59.3% | ||
| Q4 24 | 60.5% | 58.6% | ||
| Q3 24 | 60.8% | 58.6% |
营业利润率AXONRMD
| Q2 26 | — | 34.6% | ||
| Q1 26 | — | 34.9% | ||
| Q4 25 | -6.3% | 34.6% | ||
| Q3 25 | -0.3% | 33.4% | ||
| Q2 25 | -0.2% | 33.7% | ||
| Q1 25 | -1.5% | 33.0% | ||
| Q4 24 | -2.6% | 32.5% | ||
| Q3 24 | 4.4% | 31.6% |
净利率AXONRMD
| Q2 26 | — | 27.6% | ||
| Q1 26 | — | 27.9% | ||
| Q4 25 | 0.3% | 27.6% | ||
| Q3 25 | -0.3% | 26.1% | ||
| Q2 25 | 5.4% | 28.2% | ||
| Q1 25 | 14.6% | 28.3% | ||
| Q4 24 | 23.7% | 26.9% | ||
| Q3 24 | 12.3% | 25.4% |
每股收益（稀释后）AXONRMD
| Q2 26 | — | $2.68 | ||
| Q1 26 | — | $2.74 | ||
| Q4 25 | $0.02 | $2.68 | ||
| Q3 25 | $-0.03 | $2.37 | ||
| Q2 25 | $0.44 | $2.58 | ||
| Q1 25 | $1.08 | $2.48 | ||
| Q4 24 | $1.68 | $2.34 | ||
| Q3 24 | $0.86 | $2.11 |
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 | $1.4B |
| 总债务越低越好 | $1.8B | $663.8M |
| 股东权益账面价值 | $3.2B | $6.3B |
| 总资产 | $7.0B | $8.5B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资AXONRMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.7B | $1.4B | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.2B | $932.7M | ||
| Q4 24 | $788.1M | $521.9M | ||
| Q3 24 | $1.0B | $426.4M |
总债务AXONRMD
| Q2 26 | — | $663.8M | ||
| Q1 26 | — | $664.1M | ||
| Q4 25 | $1.8B | $403.9M | ||
| Q3 25 | $2.0B | $408.7M | ||
| Q2 25 | $2.0B | $658.4M | ||
| Q1 25 | $2.0B | $663.1M | ||
| Q4 24 | $680.3M | $662.9M | ||
| Q3 24 | — | $667.6M |
股东权益AXONRMD
| Q2 26 | — | $6.3B | ||
| Q1 26 | — | $6.5B | ||
| Q4 25 | $3.2B | $6.3B | ||
| Q3 25 | $3.0B | $6.1B | ||
| Q2 25 | $2.7B | $6.0B | ||
| Q1 25 | $2.6B | $5.5B | ||
| Q4 24 | $2.3B | $5.3B | ||
| Q3 24 | $2.1B | $5.2B |
总资产AXONRMD
| Q2 26 | — | $8.5B | ||
| Q1 26 | — | $8.8B | ||
| Q4 25 | $7.0B | $8.5B | ||
| Q3 25 | $6.7B | $8.3B | ||
| Q2 25 | $6.2B | $8.2B | ||
| Q1 25 | $6.1B | $7.6B | ||
| Q4 24 | $4.5B | $7.1B | ||
| Q3 24 | $4.0B | $7.2B |
负债/权益比AXONRMD
| Q2 26 | — | 0.11× | ||
| Q1 26 | — | 0.10× | ||
| Q4 25 | 0.56× | 0.06× | ||
| Q3 25 | 0.66× | 0.07× | ||
| Q2 25 | 0.73× | 0.11× | ||
| Q1 25 | 0.79× | 0.12× | ||
| Q4 24 | 0.29× | 0.13× | ||
| Q3 24 | — | 0.13× |
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AXONRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $217.2M | $339.7M | ||
| Q3 25 | $60.0M | $457.3M | ||
| Q2 25 | $-91.7M | $538.8M | ||
| Q1 25 | $25.8M | $578.7M | ||
| Q4 24 | $250.2M | $308.6M | ||
| Q3 24 | $91.3M | $325.5M |
自由现金流AXONRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $155.4M | $311.2M | ||
| Q3 25 | $33.4M | $414.4M | ||
| Q2 25 | $-114.7M | $508.2M | ||
| Q1 25 | $932.0K | $557.9M | ||
| Q4 24 | $225.4M | $288.0M | ||
| Q3 24 | $64.8M | $307.7M |
自由现金流率AXONRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 19.5% | 21.9% | ||
| Q3 25 | 4.7% | 31.0% | ||
| Q2 25 | -17.2% | 37.7% | ||
| Q1 25 | 0.2% | 43.2% | ||
| Q4 24 | 39.3% | 22.5% | ||
| Q3 24 | 11.9% | 25.1% |
资本支出强度AXONRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 2.0% | ||
| Q3 25 | 3.7% | 3.2% | ||
| Q2 25 | 3.4% | 2.3% | ||
| Q1 25 | 4.1% | 1.6% | ||
| Q4 24 | 4.3% | 1.6% | ||
| Q3 24 | 4.9% | 1.5% |
现金转化率AXONRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 79.14× | 0.87× | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | -2.54× | 1.42× | ||
| Q1 25 | 0.29× | 1.59× | ||
| Q4 24 | 1.84× | 0.90× | ||
| Q3 24 | 1.36× | 1.05× |
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% |
RMD
暂无分部数据
