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Axon Enterprise（AXON）与NUSCALE POWER Corp（SMR）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NUSCALE POWER Corp的440.7倍（$796.7M vs $1.8M）。Axon Enterprise净利率更高（0.3% vs -2811.3%，领先2811.7%）。Axon Enterprise同比增速更快（38.9% vs -94.7%）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs 14.5%）
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。
NuScale Power是美国上市企业，总部位于俄勒冈州蒂加德，专注于小型模块化反应堆（SMR）的设计与商业化推广。旗下采用50兆瓦级模块的VOYGR核电站是2022年首个获得美国核管理委员会认证的SMR产品，后续推出的77兆瓦级VOYGR-4、VOYGR-6设计也于2025年5月正式获批。
AXON vs SMR — 直观对比
营收规模更大
AXON
是对方的440.7倍
$1.8M
营收增速更快
AXON
高出133.7%
-94.7%
净利率更高
AXON
高出2811.7%
-2811.3%
两年增速更快
AXON
近两年复合增速
14.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $1.8M |
| 净利润 | $2.7M | $-50.8M |
| 毛利率 | 57.9% | -3.4% |
| 营业利润率 | -6.3% | -4022.2% |
| 净利率 | 0.3% | -2811.3% |
| 营收同比 | 38.9% | -94.7% |
| 净利润同比 | -98.0% | 32.2% |
| 每股收益（稀释后） | $0.02 | $-0.08 |
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AXONSMR
| Q4 25 | $796.7M | $1.8M | ||
| Q3 25 | $710.6M | $8.2M | ||
| Q2 25 | $668.5M | $8.1M | ||
| Q1 25 | $603.6M | $13.4M | ||
| Q4 24 | $573.4M | $34.2M | ||
| Q3 24 | $544.3M | $475.0K | ||
| Q2 24 | $504.1M | $967.0K | ||
| Q1 24 | $460.7M | $1.4M |
净利润AXONSMR
| Q4 25 | $2.7M | $-50.8M | ||
| Q3 25 | $-2.2M | $-273.3M | ||
| Q2 25 | $36.1M | $-17.6M | ||
| Q1 25 | $88.0M | $-14.0M | ||
| Q4 24 | $136.0M | $-75.0M | ||
| Q3 24 | $67.0M | $-17.5M | ||
| Q2 24 | $40.8M | $-27.6M | ||
| Q1 24 | $133.2M | $-16.6M |
毛利率AXONSMR
| Q4 25 | 57.9% | -3.4% | ||
| Q3 25 | 60.1% | 32.9% | ||
| Q2 25 | 60.4% | 22.1% | ||
| Q1 25 | 60.6% | 52.4% | ||
| Q4 24 | 60.5% | 91.1% | ||
| Q3 24 | 60.8% | 37.9% | ||
| Q2 24 | 60.3% | 12.1% | ||
| Q1 24 | 56.4% | 46.7% |
营业利润率AXONSMR
| Q4 25 | -6.3% | -4022.2% | ||
| Q3 25 | -0.3% | -6532.9% | ||
| Q2 25 | -0.2% | -534.9% | ||
| Q1 25 | -1.5% | -264.1% | ||
| Q4 24 | -2.6% | -34.6% | ||
| Q3 24 | 4.4% | -8635.6% | ||
| Q2 24 | 6.5% | -4330.7% | ||
| Q1 24 | 3.5% | -3188.8% |
净利率AXONSMR
| Q4 25 | 0.3% | -2811.3% | ||
| Q3 25 | -0.3% | -3316.2% | ||
| Q2 25 | 5.4% | -219.0% | ||
| Q1 25 | 14.6% | -104.7% | ||
| Q4 24 | 23.7% | -219.1% | ||
| Q3 24 | 12.3% | -3675.6% | ||
| Q2 24 | 8.1% | -2855.9% | ||
| Q1 24 | 28.9% | -1201.7% |
每股收益（稀释后）AXONSMR
| Q4 25 | $0.02 | $-0.08 | ||
| Q3 25 | $-0.03 | $-1.85 | ||
| Q2 25 | $0.44 | $-0.13 | ||
| Q1 25 | $1.08 | $-0.11 | ||
| Q4 24 | $1.68 | $-0.77 | ||
| Q3 24 | $0.86 | $-0.18 | ||
| Q2 24 | $0.53 | $-0.31 | ||
| Q1 24 | $1.73 | $-0.21 |
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 | $1.3B |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.2B | $1.2B |
| 总资产 | $7.0B | $1.4B |
| 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AXONSMR
| Q4 25 | $1.7B | $1.3B | ||
| Q3 25 | $2.4B | $691.8M | ||
| Q2 25 | $2.1B | $420.7M | ||
| Q1 25 | $2.2B | $521.4M | ||
| Q4 24 | $788.1M | $441.6M | ||
| Q3 24 | $1.0B | $156.6M | ||
| Q2 24 | $968.9M | $130.9M | ||
| Q1 24 | $964.1M | $132.0M |
总债务AXONSMR
| 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AXONSMR
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.0B | $828.7M | ||
| Q2 25 | $2.7B | $692.9M | ||
| Q1 25 | $2.6B | $704.0M | ||
| Q4 24 | $2.3B | $618.7M | ||
| Q3 24 | $2.1B | $160.1M | ||
| Q2 24 | $1.9B | $136.3M | ||
| Q1 24 | $1.8B | $125.1M |
总资产AXONSMR
| Q4 25 | $7.0B | $1.4B | ||
| Q3 25 | $6.7B | $883.1M | ||
| Q2 25 | $6.2B | $606.5M | ||
| Q1 25 | $6.1B | $618.1M | ||
| Q4 24 | $4.5B | $544.7M | ||
| Q3 24 | $4.0B | $253.3M | ||
| Q2 24 | $3.7B | $229.2M | ||
| Q1 24 | $3.6B | $229.8M |
负债/权益比AXONSMR
| 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 | $-203.7M |
| 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AXONSMR
| Q4 25 | $217.2M | $-203.7M | ||
| Q3 25 | $60.0M | $-199.8M | ||
| Q2 25 | $-91.7M | $-33.3M | ||
| Q1 25 | $25.8M | $-22.8M | ||
| Q4 24 | $250.2M | $-26.4M | ||
| Q3 24 | $91.3M | $-12.7M | ||
| Q2 24 | $82.8M | $-36.0M | ||
| Q1 24 | $-15.9M | $-33.5M |
自由现金流AXONSMR
| Q4 25 | $155.4M | — | ||
| Q3 25 | $33.4M | $-199.9M | ||
| Q2 25 | $-114.7M | — | ||
| Q1 25 | $932.0K | $-22.9M | ||
| Q4 24 | $225.4M | $-26.5M | ||
| Q3 24 | $64.8M | — | ||
| Q2 24 | $71.4M | — | ||
| Q1 24 | $-32.1M | — |
自由现金流率AXONSMR
| Q4 25 | 19.5% | — | ||
| Q3 25 | 4.7% | -2425.1% | ||
| Q2 25 | -17.2% | — | ||
| Q1 25 | 0.2% | -170.9% | ||
| Q4 24 | 39.3% | -77.3% | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 14.2% | — | ||
| Q1 24 | -7.0% | — |
资本支出强度AXONSMR
| Q4 25 | 7.8% | — | ||
| Q3 25 | 3.7% | 0.9% | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 4.1% | 0.5% | ||
| Q4 24 | 4.3% | 0.1% | ||
| Q3 24 | 4.9% | 0.0% | ||
| Q2 24 | 2.2% | 0.0% | ||
| Q1 24 | 3.5% | 0.0% |
现金转化率AXONSMR
| 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× | — | ||
| 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% |
SMR
暂无分部数据
