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Axon Enterprise（AXON）与Vontier Corp（VNT）财务数据对比。点击上方公司名可切换其他公司
Vontier Corp的季度营收约是Axon Enterprise的1.0倍（$808.5M vs $796.7M）。Vontier Corp净利率更高（15.3% vs 0.3%，领先14.9%）。Axon Enterprise同比增速更快（38.9% vs 4.1%）。Vontier Corp自由现金流更多（$174.8M vs $155.4M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs 3.4%）
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。
Vontier Corp是一家总部位于美国北卡罗来纳州罗利市的工业制造企业，旗下拥有Gilbarco Veeder-Root、Matco Tools、Teletrac Navman等核心品牌，还控股Hennessy Industries、Gasboy、全球交通技术（GTT）等多家子公司，业务覆盖多个工业制造细分领域。
AXON vs VNT — 直观对比
营收规模更大
VNT
是对方的1.0倍
$796.7M
营收增速更快
AXON
高出34.9%
4.1%
净利率更高
VNT
高出14.9%
0.3%
自由现金流更多
VNT
多$19.4M
$155.4M
两年增速更快
AXON
近两年复合增速
3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $796.7M | $808.5M |
| 净利润 | $2.7M | $123.5M |
| 毛利率 | 57.9% | — |
| 营业利润率 | -6.3% | 18.9% |
| 净利率 | 0.3% | 15.3% |
| 营收同比 | 38.9% | 4.1% |
| 净利润同比 | -98.0% | 0.0% |
| 每股收益（稀释后） | $0.02 | $0.85 |
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AXONVNT
| Q4 25 | $796.7M | $808.5M | ||
| Q3 25 | $710.6M | $752.5M | ||
| Q2 25 | $668.5M | $773.5M | ||
| Q1 25 | $603.6M | $741.1M | ||
| Q4 24 | $573.4M | $776.8M | ||
| Q3 24 | $544.3M | $750.0M | ||
| Q2 24 | $504.1M | $696.4M | ||
| Q1 24 | $460.7M | $755.8M |
净利润AXONVNT
| Q4 25 | $2.7M | $123.5M | ||
| Q3 25 | $-2.2M | $102.8M | ||
| Q2 25 | $36.1M | $91.9M | ||
| Q1 25 | $88.0M | $87.9M | ||
| Q4 24 | $136.0M | $123.5M | ||
| Q3 24 | $67.0M | $91.8M | ||
| Q2 24 | $40.8M | $70.1M | ||
| Q1 24 | $133.2M | $136.8M |
毛利率AXONVNT
| Q4 25 | 57.9% | — | ||
| Q3 25 | 60.1% | 47.3% | ||
| Q2 25 | 60.4% | 47.9% | ||
| Q1 25 | 60.6% | 47.3% | ||
| Q4 24 | 60.5% | — | ||
| Q3 24 | 60.8% | 47.2% | ||
| Q2 24 | 60.3% | 48.2% | ||
| Q1 24 | 56.4% | 49.2% |
营业利润率AXONVNT
| Q4 25 | -6.3% | 18.9% | ||
| Q3 25 | -0.3% | 18.9% | ||
| Q2 25 | -0.2% | 17.6% | ||
| Q1 25 | -1.5% | 17.6% | ||
| Q4 24 | -2.6% | 19.2% | ||
| Q3 24 | 4.4% | 17.5% | ||
| Q2 24 | 6.5% | 16.4% | ||
| Q1 24 | 3.5% | 18.8% |
净利率AXONVNT
| Q4 25 | 0.3% | 15.3% | ||
| Q3 25 | -0.3% | 13.7% | ||
| Q2 25 | 5.4% | 11.9% | ||
| Q1 25 | 14.6% | 11.9% | ||
| Q4 24 | 23.7% | 15.9% | ||
| Q3 24 | 12.3% | 12.2% | ||
| Q2 24 | 8.1% | 10.1% | ||
| Q1 24 | 28.9% | 18.1% |
每股收益（稀释后）AXONVNT
| Q4 25 | $0.02 | $0.85 | ||
| Q3 25 | $-0.03 | $0.70 | ||
| Q2 25 | $0.44 | $0.62 | ||
| Q1 25 | $1.08 | $0.59 | ||
| Q4 24 | $1.68 | $0.82 | ||
| Q3 24 | $0.86 | $0.60 | ||
| Q2 24 | $0.53 | $0.45 | ||
| Q1 24 | $1.73 | $0.88 |
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 | $492.2M |
| 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 | $4.4B |
| 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AXONVNT
| Q4 25 | $1.7B | $492.2M | ||
| Q3 25 | $2.4B | $433.8M | ||
| Q2 25 | $2.1B | $364.2M | ||
| Q1 25 | $2.2B | $333.6M | ||
| Q4 24 | $788.1M | $356.4M | ||
| Q3 24 | $1.0B | $330.9M | ||
| Q2 24 | $968.9M | $331.3M | ||
| Q1 24 | $964.1M | $406.0M |
总债务AXONVNT
| 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AXONVNT
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.0B | $1.2B | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.6B | $1.1B | ||
| Q4 24 | $2.3B | $1.1B | ||
| Q3 24 | $2.1B | $1.0B | ||
| Q2 24 | $1.9B | $1.0B | ||
| Q1 24 | $1.8B | $984.9M |
总资产AXONVNT
| Q4 25 | $7.0B | $4.4B | ||
| Q3 25 | $6.7B | $4.4B | ||
| Q2 25 | $6.2B | $4.4B | ||
| Q1 25 | $6.1B | $4.3B | ||
| Q4 24 | $4.5B | $4.3B | ||
| Q3 24 | $4.0B | $4.3B | ||
| Q2 24 | $3.7B | $4.2B | ||
| Q1 24 | $3.6B | $4.3B |
负债/权益比AXONVNT
| 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 | $190.1M |
| 自由现金流经营现金流 - 资本支出 | $155.4M | $174.8M |
| 自由现金流率自由现金流/营收 | 19.5% | 21.6% |
| 资本支出强度资本支出/营收 | 7.8% | 1.9% |
| 现金转化率经营现金流/净利润 | 79.14× | 1.54× |
| 过去12个月自由现金流最近4个季度 | $75.1M | $441.1M |
8季度趋势，按日历期对齐
经营现金流AXONVNT
| Q4 25 | $217.2M | $190.1M | ||
| Q3 25 | $60.0M | $110.5M | ||
| Q2 25 | $-91.7M | $100.0M | ||
| Q1 25 | $25.8M | $110.4M | ||
| Q4 24 | $250.2M | $168.1M | ||
| Q3 24 | $91.3M | $121.8M | ||
| Q2 24 | $82.8M | $46.1M | ||
| Q1 24 | $-15.9M | $91.5M |
自由现金流AXONVNT
| Q4 25 | $155.4M | $174.8M | ||
| Q3 25 | $33.4M | $90.3M | ||
| Q2 25 | $-114.7M | $83.3M | ||
| Q1 25 | $932.0K | $92.7M | ||
| Q4 24 | $225.4M | $148.0M | ||
| Q3 24 | $64.8M | $103.2M | ||
| Q2 24 | $71.4M | $22.3M | ||
| Q1 24 | $-32.1M | $71.3M |
自由现金流率AXONVNT
| Q4 25 | 19.5% | 21.6% | ||
| Q3 25 | 4.7% | 12.0% | ||
| Q2 25 | -17.2% | 10.8% | ||
| Q1 25 | 0.2% | 12.5% | ||
| Q4 24 | 39.3% | 19.1% | ||
| Q3 24 | 11.9% | 13.8% | ||
| Q2 24 | 14.2% | 3.2% | ||
| Q1 24 | -7.0% | 9.4% |
资本支出强度AXONVNT
| Q4 25 | 7.8% | 1.9% | ||
| Q3 25 | 3.7% | 2.7% | ||
| Q2 25 | 3.4% | 2.2% | ||
| Q1 25 | 4.1% | 2.4% | ||
| Q4 24 | 4.3% | 2.6% | ||
| Q3 24 | 4.9% | 2.5% | ||
| Q2 24 | 2.2% | 3.4% | ||
| Q1 24 | 3.5% | 2.7% |
现金转化率AXONVNT
| Q4 25 | 79.14× | 1.54× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | -2.54× | 1.09× | ||
| Q1 25 | 0.29× | 1.26× | ||
| Q4 24 | 1.84× | 1.36× | ||
| Q3 24 | 1.36× | 1.33× | ||
| Q2 24 | 2.03× | 0.66× | ||
| Q1 24 | -0.12× | 0.67× |
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% |
VNT
| Environmental Fueling Solutions Segment | $387.5M | 48% |
| Services | $191.0M | 24% |
| Repair Solutions Segment | $144.5M | 18% |
| Other | $85.5M | 11% |
