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Axon Enterprise（AXON）与Rackspace Technology, Inc.（RXT）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Rackspace Technology, Inc.的1.2倍（$796.7M vs $682.8M），Axon Enterprise净利率更高（0.3% vs -4.8%，领先5.1%），Axon Enterprise同比增速更快（38.9% vs -0.4%），Axon Enterprise自由现金流更多（$155.4M vs $56.0M），过去两年Axon Enterprise的营收复合增速更高（31.5% vs -0.6%）
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。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
AXON vs RXT — 直观对比
营收规模更大
AXON
是对方的1.2倍
$682.8M
营收增速更快
AXON
高出39.4%
-0.4%
净利率更高
AXON
高出5.1%
-4.8%
自由现金流更多
AXON
多$99.4M
$56.0M
两年增速更快
AXON
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $682.8M |
| 净利润 | $2.7M | $-32.7M |
| 毛利率 | 57.9% | 17.6% |
| 营业利润率 | -6.3% | -0.5% |
| 净利率 | 0.3% | -4.8% |
| 营收同比 | 38.9% | -0.4% |
| 净利润同比 | -98.0% | 41.6% |
| 每股收益（稀释后） | $0.02 | $-0.13 |
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AXONRXT
| Q4 25 | $796.7M | $682.8M | ||
| Q3 25 | $710.6M | $671.2M | ||
| Q2 25 | $668.5M | $666.3M | ||
| Q1 25 | $603.6M | $665.4M | ||
| Q4 24 | $573.4M | $685.6M | ||
| Q3 24 | $544.3M | $675.8M | ||
| Q2 24 | $504.1M | $684.9M | ||
| Q1 24 | $460.7M | $690.8M |
净利润AXONRXT
| Q4 25 | $2.7M | $-32.7M | ||
| Q3 25 | $-2.2M | $-67.1M | ||
| Q2 25 | $36.1M | $-54.5M | ||
| Q1 25 | $88.0M | $-71.5M | ||
| Q4 24 | $136.0M | $-56.0M | ||
| Q3 24 | $67.0M | $-186.6M | ||
| Q2 24 | $40.8M | $25.0M | ||
| Q1 24 | $133.2M | $-640.6M |
毛利率AXONRXT
| Q4 25 | 57.9% | 17.6% | ||
| Q3 25 | 60.1% | 19.4% | ||
| Q2 25 | 60.4% | 19.4% | ||
| Q1 25 | 60.6% | 19.1% | ||
| Q4 24 | 60.5% | 19.2% | ||
| Q3 24 | 60.8% | 20.3% | ||
| Q2 24 | 60.3% | 19.2% | ||
| Q1 24 | 56.4% | 19.2% |
营业利润率AXONRXT
| Q4 25 | -6.3% | -0.5% | ||
| Q3 25 | -0.3% | -5.1% | ||
| Q2 25 | -0.2% | -3.8% | ||
| Q1 25 | -1.5% | -5.8% | ||
| Q4 24 | -2.6% | -4.2% | ||
| Q3 24 | 4.4% | -25.7% | ||
| Q2 24 | 6.5% | -7.9% | ||
| Q1 24 | 3.5% | -94.5% |
净利率AXONRXT
| Q4 25 | 0.3% | -4.8% | ||
| Q3 25 | -0.3% | -10.0% | ||
| Q2 25 | 5.4% | -8.2% | ||
| Q1 25 | 14.6% | -10.7% | ||
| Q4 24 | 23.7% | -8.2% | ||
| Q3 24 | 12.3% | -27.6% | ||
| Q2 24 | 8.1% | 3.7% | ||
| Q1 24 | 28.9% | -92.7% |
每股收益（稀释后）AXONRXT
| Q4 25 | $0.02 | $-0.13 | ||
| Q3 25 | $-0.03 | $-0.28 | ||
| Q2 25 | $0.44 | $-0.23 | ||
| Q1 25 | $1.08 | $-0.31 | ||
| Q4 24 | $1.68 | $-0.20 | ||
| Q3 24 | $0.86 | $-0.82 | ||
| Q2 24 | $0.53 | $0.11 | ||
| Q1 24 | $1.73 | $-2.91 |
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 | $105.8M |
| 总债务越低越好 | $1.8B | $2.7B |
| 股东权益账面价值 | $3.2B | $-1.2B |
| 总资产 | $7.0B | $2.8B |
| 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AXONRXT
| Q4 25 | $1.7B | $105.8M | ||
| Q3 25 | $2.4B | $99.5M | ||
| Q2 25 | $2.1B | $103.9M | ||
| Q1 25 | $2.2B | $128.0M | ||
| Q4 24 | $788.1M | $144.0M | ||
| Q3 24 | $1.0B | $157.1M | ||
| Q2 24 | $968.9M | $190.2M | ||
| Q1 24 | $964.1M | $282.6M |
总债务AXONRXT
| Q4 25 | $1.8B | $2.7B | ||
| Q3 25 | $2.0B | $2.8B | ||
| Q2 25 | $2.0B | $2.8B | ||
| Q1 25 | $2.0B | $2.8B | ||
| Q4 24 | $680.3M | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益AXONRXT
| Q4 25 | $3.2B | $-1.2B | ||
| Q3 25 | $3.0B | $-1.2B | ||
| Q2 25 | $2.7B | $-1.1B | ||
| Q1 25 | $2.6B | $-1.1B | ||
| Q4 24 | $2.3B | $-1.0B | ||
| Q3 24 | $2.1B | $-949.7M | ||
| Q2 24 | $1.9B | $-756.2M | ||
| Q1 24 | $1.8B | $-787.2M |
总资产AXONRXT
| Q4 25 | $7.0B | $2.8B | ||
| Q3 25 | $6.7B | $2.8B | ||
| Q2 25 | $6.2B | $2.9B | ||
| Q1 25 | $6.1B | $3.0B | ||
| Q4 24 | $4.5B | $3.1B | ||
| Q3 24 | $4.0B | $3.1B | ||
| Q2 24 | $3.7B | $3.4B | ||
| Q1 24 | $3.6B | $3.5B |
负债/权益比AXONRXT
| 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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $56.0M |
| 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% | 0.5% |
| 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 | $90.6M |
8季度趋势，按日历期对齐
经营现金流AXONRXT
| Q4 25 | $217.2M | $59.7M | ||
| Q3 25 | $60.0M | $70.7M | ||
| Q2 25 | $-91.7M | $8.4M | ||
| Q1 25 | $25.8M | $12.6M | ||
| Q4 24 | $250.2M | $54.3M | ||
| Q3 24 | $91.3M | $51.8M | ||
| Q2 24 | $82.8M | $24.1M | ||
| Q1 24 | $-15.9M | $-90.3M |
自由现金流AXONRXT
| Q4 25 | $155.4M | $56.0M | ||
| Q3 25 | $33.4M | $42.7M | ||
| Q2 25 | $-114.7M | $-12.4M | ||
| Q1 25 | $932.0K | $4.3M | ||
| Q4 24 | $225.4M | $34.4M | ||
| Q3 24 | $64.8M | $27.3M | ||
| Q2 24 | $71.4M | $-14.5M | ||
| Q1 24 | $-32.1M | $-118.4M |
自由现金流率AXONRXT
| Q4 25 | 19.5% | 8.2% | ||
| Q3 25 | 4.7% | 6.4% | ||
| Q2 25 | -17.2% | -1.9% | ||
| Q1 25 | 0.2% | 0.6% | ||
| Q4 24 | 39.3% | 5.0% | ||
| Q3 24 | 11.9% | 4.0% | ||
| Q2 24 | 14.2% | -2.1% | ||
| Q1 24 | -7.0% | -17.1% |
资本支出强度AXONRXT
| Q4 25 | 7.8% | 0.5% | ||
| Q3 25 | 3.7% | 4.2% | ||
| Q2 25 | 3.4% | 3.1% | ||
| Q1 25 | 4.1% | 1.2% | ||
| Q4 24 | 4.3% | 2.9% | ||
| Q3 24 | 4.9% | 3.6% | ||
| Q2 24 | 2.2% | 5.6% | ||
| Q1 24 | 3.5% | 4.1% |
现金转化率AXONRXT
| Q4 25 | 79.14× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.03× | 0.96× | ||
| 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% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
