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Axon Enterprise（AXON）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是Axon Enterprise的1.9倍（$1.5B vs $807.3M），Axon Enterprise净利率更高（21.0% vs -5.8%，领先26.8%），Axon Enterprise同比增速更快（33.7% vs 12.1%），过去两年Axon Enterprise的营收复合增速更高（26.6% vs 11.2%）
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。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
AXON vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1.9倍
$807.3M
营收增速更快
AXON
高出21.6%
12.1%
净利率更高
AXON
高出26.8%
-5.8%
两年增速更快
AXON
近两年复合增速
11.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $807.3M | $1.5B |
| 净利润 | $169.3M | $-89.0M |
| 毛利率 | 59.1% | 56.5% |
| 营业利润率 | 44.5% | -4.9% |
| 净利率 | 21.0% | -5.8% |
| 营收同比 | 33.7% | 12.1% |
| 净利润同比 | — | 36.3% |
| 每股收益（稀释后） | $2.05 | $-0.05 |
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AXONSNAP
| Q1 26 | $807.3M | $1.5B | ||
| Q4 25 | $796.7M | $1.7B | ||
| Q3 25 | $710.6M | $1.5B | ||
| Q2 25 | $668.5M | $1.3B | ||
| Q1 25 | $603.6M | $1.4B | ||
| Q4 24 | $573.4M | $1.6B | ||
| Q3 24 | $544.3M | $1.4B | ||
| Q2 24 | $504.1M | $1.2B |
净利润AXONSNAP
| Q1 26 | $169.3M | $-89.0M | ||
| Q4 25 | $2.7M | $45.2M | ||
| Q3 25 | $-2.2M | $-103.5M | ||
| Q2 25 | $36.1M | $-262.6M | ||
| Q1 25 | $88.0M | $-139.6M | ||
| Q4 24 | $136.0M | $9.1M | ||
| Q3 24 | $67.0M | $-153.2M | ||
| Q2 24 | $40.8M | $-248.6M |
毛利率AXONSNAP
| Q1 26 | 59.1% | 56.5% | ||
| Q4 25 | 57.9% | 59.1% | ||
| Q3 25 | 60.1% | 55.3% | ||
| Q2 25 | 60.4% | 51.4% | ||
| Q1 25 | 60.6% | 53.1% | ||
| Q4 24 | 60.5% | 56.9% | ||
| Q3 24 | 60.8% | 53.5% | ||
| Q2 24 | 60.3% | 52.4% |
营业利润率AXONSNAP
| Q1 26 | 44.5% | -4.9% | ||
| Q4 25 | -6.3% | 2.9% | ||
| Q3 25 | -0.3% | -8.5% | ||
| Q2 25 | -0.2% | -19.3% | ||
| Q1 25 | -1.5% | -14.2% | ||
| Q4 24 | -2.6% | -1.7% | ||
| Q3 24 | 4.4% | -12.6% | ||
| Q2 24 | 6.5% | -20.5% |
净利率AXONSNAP
| Q1 26 | 21.0% | -5.8% | ||
| Q4 25 | 0.3% | 2.6% | ||
| Q3 25 | -0.3% | -6.9% | ||
| Q2 25 | 5.4% | -19.5% | ||
| Q1 25 | 14.6% | -10.2% | ||
| Q4 24 | 23.7% | 0.6% | ||
| Q3 24 | 12.3% | -11.2% | ||
| Q2 24 | 8.1% | -20.1% |
每股收益（稀释后）AXONSNAP
| Q1 26 | $2.05 | $-0.05 | ||
| Q4 25 | $0.02 | $0.03 | ||
| Q3 25 | $-0.03 | $-0.06 | ||
| Q2 25 | $0.44 | $-0.16 | ||
| Q1 25 | $1.08 | $-0.08 | ||
| Q4 24 | $1.68 | $0.01 | ||
| Q3 24 | $0.86 | $-0.09 | ||
| Q2 24 | $0.53 | $-0.15 |
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 | $718.9M | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5B | $2.1B |
| 总资产 | $7.1B | $7.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AXONSNAP
| Q1 26 | $718.9M | $1.1B | ||
| Q4 25 | $1.7B | $2.9B | ||
| Q3 25 | $2.4B | $3.0B | ||
| Q2 25 | $2.1B | $2.9B | ||
| Q1 25 | $2.2B | $3.2B | ||
| Q4 24 | $788.1M | $3.4B | ||
| Q3 24 | $1.0B | $3.2B | ||
| Q2 24 | $968.9M | $3.1B |
总债务AXONSNAP
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $3.5B | ||
| Q3 25 | $2.0B | $3.5B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $2.0B | $3.6B | ||
| Q4 24 | $680.3M | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益AXONSNAP
| Q1 26 | $3.5B | $2.1B | ||
| Q4 25 | $3.2B | $2.3B | ||
| Q3 25 | $3.0B | $2.2B | ||
| Q2 25 | $2.7B | $2.1B | ||
| Q1 25 | $2.6B | $2.3B | ||
| Q4 24 | $2.3B | $2.5B | ||
| Q3 24 | $2.1B | $2.2B | ||
| Q2 24 | $1.9B | $2.1B |
总资产AXONSNAP
| Q1 26 | $7.1B | $7.5B | ||
| Q4 25 | $7.0B | $7.7B | ||
| Q3 25 | $6.7B | $7.6B | ||
| Q2 25 | $6.2B | $7.4B | ||
| Q1 25 | $6.1B | $7.6B | ||
| Q4 24 | $4.5B | $7.9B | ||
| Q3 24 | $4.0B | $7.6B | ||
| Q2 24 | $3.7B | $7.4B |
负债/权益比AXONSNAP
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | 1.55× | ||
| Q3 25 | 0.66× | 1.59× | ||
| Q2 25 | 0.73× | 1.73× | ||
| Q1 25 | 0.79× | 1.56× | ||
| Q4 24 | 0.29× | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $326.8M |
| 自由现金流经营现金流 - 资本支出 | — | $286.0M |
| 自由现金流率自由现金流/营收 | — | 18.7% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $608.8M |
8季度趋势，按日历期对齐
经营现金流AXONSNAP
| Q1 26 | — | $326.8M | ||
| Q4 25 | $217.2M | $269.6M | ||
| Q3 25 | $60.0M | $146.5M | ||
| Q2 25 | $-91.7M | $88.5M | ||
| Q1 25 | $25.8M | $151.6M | ||
| Q4 24 | $250.2M | $230.6M | ||
| Q3 24 | $91.3M | $115.9M | ||
| Q2 24 | $82.8M | $-21.4M |
自由现金流AXONSNAP
| Q1 26 | — | $286.0M | ||
| Q4 25 | $155.4M | $205.6M | ||
| Q3 25 | $33.4M | $93.4M | ||
| Q2 25 | $-114.7M | $23.8M | ||
| Q1 25 | $932.0K | $114.4M | ||
| Q4 24 | $225.4M | $182.4M | ||
| Q3 24 | $64.8M | $71.8M | ||
| Q2 24 | $71.4M | $-73.4M |
自由现金流率AXONSNAP
| Q1 26 | — | 18.7% | ||
| Q4 25 | 19.5% | 12.0% | ||
| Q3 25 | 4.7% | 6.2% | ||
| Q2 25 | -17.2% | 1.8% | ||
| Q1 25 | 0.2% | 8.4% | ||
| Q4 24 | 39.3% | 11.7% | ||
| Q3 24 | 11.9% | 5.2% | ||
| Q2 24 | 14.2% | -5.9% |
资本支出强度AXONSNAP
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 3.7% | ||
| Q3 25 | 3.7% | 3.5% | ||
| Q2 25 | 3.4% | 4.8% | ||
| Q1 25 | 4.1% | 2.7% | ||
| Q4 24 | 4.3% | 3.1% | ||
| Q3 24 | 4.9% | 3.2% | ||
| Q2 24 | 2.2% | 4.2% |
现金转化率AXONSNAP
| Q1 26 | — | — | ||
| Q4 25 | 79.14× | 5.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.54× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 1.84× | 25.34× | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.03× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
