Axon Enterprise, Inc. (AXON)财务
NASDAQ · Industrials · Aerospace & Defense · 员工5,100人 · CEO Patrick W. Smith
- 股价
- $427.77 -2.35%
- 市值
- $348亿
- 企业价值
- $360亿
- 最近财报
- Q2 '26 2026-08-06提交
- 下次财报
- 2026-11-05 EPS预期 $1.89
营收(TTM)$32.2亿+34.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)2.6%+2.5 百分点 对比去年同期营业利润 $8390万
净利润(TTM)$2亿-38.8% 对比去年同期税后,含营业外收益
自由现金流(TTM)$1.33亿-24.5% 对比去年同期资本支出 $1.33亿
稀释EPS(TTM)$2.41-40.4% 对比去年同期最近4个季度之和
净现金-$11.4亿-736.2% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $348亿 EV $360亿
- 营收
- $32.2亿 过去12个月
- 营收增速
- +34% FY2026年一致预期
- 净利润率
- 6.2% 净利润 / 营收,TTM
- P/E
- 172.3× 预期 55.7×(FY2026)
- P/S
- 10.8× 股价 / 营收,TTM
- EV / EBITDA
- 75.4× TTM
- 自由现金流
- $1.33亿 过去12个月
- 净利润
- $2亿 过去12个月
- 营收预期
- $37.1亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $9.37亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-05):营收超预期3.2%,EPS 超预期2.2%营收$9.04亿,预期$8.76亿(+3.2%);EPS $1.88,预期$1.84(+2.2%)。
- 营收增长加速:同比35.3%Q2 '26营收$9.04亿,此前四个季度的平均值为33.9%。
- 营业利润率2.6%(TTM),较去年同期+2.5 百分点营收增长34.6%,营业利润增长4,322.4%。
- 税前利润的66.9%来自营业外收益税前利润$2.54亿,营业利润$8390万(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的4.1%(去年为4.1%)最近4个季度投入$1.33亿(同比+33.8%)。自由现金流$1.33亿,相当于净利润的66.7%。
- 股东回报$1.3亿 = 自由现金流的97.6%回购$1.3亿(去年为$0),股息$0,股权激励$6.33亿(TTM)。
- 稀释股数一年内增加0.6%Q2 '26稀释股数8250万,一年前为8210万。
- 净债务 $11.4亿现金 + 短期投资 $6.93亿,含租赁债务 $18.3亿;一年前净现金 $1.79亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $9.04亿 | $6.69亿 | +35.3% |
| 毛利率 | 60.4% | 60.4% | 0.0 百分点 |
| 营业利润 | $4680万 | $106万 | +4,296.4% |
| 营业利润率 | 5.2% | 0.2% | +5.0 百分点 |
| 净利润 | $2940万 | $3610万 | -18.5% |
| 稀释EPS | $0.36 | $0.44 | -18.2% |
| 经营现金流 | $2010万 | -$9170万 | +121.9% |
| 资本支出 | $2100万 | $2300万 | -8.3% |
| 自由现金流 | -$97.2万 | -$1.15亿 | +99.2% |
| R&D | $2.09亿 | $1.63亿 | +28.4% |
| 股权激励费用 | $1.44亿 | $1.39亿 | +3.4% |
实际 vs 一致预期
2026-08-05| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $9.04亿 | $8.76亿 | +3.2% |
| EPS(一致预期口径) | $1.88 | $1.84 | +2.2% |
来自2026-08-05发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Software And Sensors Segment | $3.98亿 | – | 44.0% | $19.6亿 | – | |
| Taser X2 | $2.61亿 | – | 28.9% | $14.1亿 | – | |
| Axon Body | $9540万 | – | 10.5% | $6.01亿 | – | |
| Platform Solutions | $1.5亿 | – | 16.6% | $5.27亿 | – |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $7.42亿 | +38.1% | 82.1% | $26.3亿 | +29.8% | |
| Non-US | $1.62亿 | +23.6% | 17.9% | $5.92亿 | +61.8% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $2.66亿
- 资本支出
- -$1.33亿
- 股票回购
- -$1.3亿
- 股息
- $0
- 收购
- -$11.9亿
- 债务净发行
- -$2.83亿
- 股权激励费用
- $6.33亿
- 自由现金流
- $1.33亿
- 股东回报 / FCF
- 97.6%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 172.3× | 165.9× 5年中的4年 | 80.2× – 355.0× |
| EV / EBITDA | 75.4× | 125.4× 5年中的4年 | 55.0× – 236.1× |
| EV / 营收 | 11.2× | 14.6× | 10.2× – 22.1× |
| 股价 / FCF | 260.9× | 219.8× | 65.8× – 608.1× |
| 股价 / 净资产 | 9.4× | 12.9× | 9.3× – 19.3× |
| FCF收益率 | 0.4% | 0.8% | 0.2% – 1.5% |
| 投入资本回报率 | 1.1% | 0.8% | -5.6% – 6.0% |
| 净资产收益率 | 5.9% | 7.4% | -5.7% – 16.2% |
分析师
一致目标价 $633.63 (+48.1%)
区间 $440.00 – $750.00 · 评级 Buy
强烈买入0
买入18
持有4
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $37.1亿 | +33.5% | $7.68 | +408.8% | 55.7× | 12 |
| FY2027 | $48.1亿 | +29.5% | $10.57 | +37.5% | 40.5× | 12 |
| FY2028 | $61.6亿 | +28.3% | $13.80 | +30.6% | 31.0× | 3 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Axon Enterprise, Inc.在近期10-Q / 10-K文件中标记的全部301项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts and Financing Receivable, after Allowance for Credit Loss, Current | $7.69亿 | $6.28亿 | +22.4% | $7.77亿 | $5.48亿 | +42.0% |
| Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent | $160万 | $163万 | -2.1% | $607万 | $346万 | +75.3% |
| Accounts Payable, Current | $2.7亿 | $1.18亿 | +128.6% | $1.39亿 | $7200万 | +93.3% |
| Accounts Receivable, Allowance for Credit Loss | $780万2025-12-31 | $560万 | +39.3% | $780万 | $560万 | +39.3% |
| Accounts Receivable, Allowance for Credit Loss, Current | $495万 | $348万 | +42.3% | $420万 | $332万 | +26.4% |
| Accounts Receivable, Allowance for Credit Loss, Noncurrent | $4.8万2025-09-30 | $4.8万 | 0.0% | $4.8万2024-12-31 | $4.4万 | +9.1% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $84.1万2025-09-30 | $31.4万 | +167.8% | $240万2024-12-31 | $75.4万 | +218.8% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $83.5万2025-09-30 | $58.1万 | +43.7% | $403万2024-12-31 | $108万 | +272.0% |
| Accrued Bonuses, Current | $3240万 | $3570万 | -9.2% | $7840万 | $5980万 | +31.2% |
| Accrued Income Taxes | $3300万 | $1270万 | +159.9% | $2730万 | $2790万 | -1.9% |
| Accrued Liabilities, Current | $4.24亿 | $2.66亿 | +59.5% | $5.11亿 | $2.79亿 | +82.9% |
| Accrued Professional Fees, Current | $3260万 | $671万 | +385.9% | $752万 | $785万 | -4.1% |
| Accrued Sales Commission, Current | $8520万 | $4520万 | +88.8% | $1.51亿 | $8820万 | +70.9% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1.81亿2025-12-31 | $1.36亿 | +33.3% | $1.81亿 | $1.36亿 | +33.3% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$1640万 | -$1270万 | -29.1% | -$1180万 | -$1820万 | +35.1% |
| Additional Paid in Capital, Common Stock | $27.4亿 | $19.6亿 | +39.2% | $24.8亿 | $16.9亿 | +46.5% |
| Adjustments to Additional Paid in Capital, Other | -$233万2026-03-31 | -$1600万 | +85.5% | -$2140万 | – | – |
| Amortization of Intangible Assets | $1340万 | $670万 | +100.0% | $2980万 | $1740万 | +71.3% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 543万 | 577万 | -5.9% | 483万 | 879万 | -45.1% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1.44亿 | $1.39亿 | +3.4% | $6.34亿 | $3.83亿 | +65.8% |
| APIC, Share-based Payment Arrangement, Other, Increase for Cost Recognition | $135万2026-03-31 | – | – | $530万 | $287万 | +84.4% |
| APIC, Share-based Payment Arrangement, Recognition and Exercise | -$1.28亿 | -$1.88亿 | +31.7% | -$3.52亿 | -$5820万 | -504.9% |
| Asset Impairment Charges | – | – | – | $0 | $0 | – |
| Assets | $74.8亿 | $62.2亿 | +20.4% | $70亿 | $44.7亿 | +56.4% |
| Assets, Current | $30亿 | $38.3亿 | -21.5% | $37.1亿 | $23亿 | +61.6% |
| Capital Expenditures Incurred but Not yet Paid | $208万 | $291万 | -28.6% | $729万 | $516万 | +41.4% |
| Capitalized Contract Cost, Net | $3.33亿2025-12-31 | $2.14亿 | +55.4% | $3.33亿 | $2.14亿 | +55.4% |
| Capitalized Contract Cost, Net, Current | $8660万2025-12-31 | $5900万 | +46.7% | $8660万 | $5900万 | +46.7% |
| Capitalized Contract Cost, Net, Noncurrent | $2.46亿2025-12-31 | $1.55亿 | +58.8% | $2.46亿 | $1.55亿 | +58.8% |
| Cash and Cash Equivalents, at Carrying Value | $5.98亿 | $6.15亿 | -2.9% | $12亿 | $4.55亿 | +164.1% |
| Cash and Cash Equivalents, Fair Value Disclosure | $2.62亿 | $1.12亿 | +133.3% | $1.68亿 | $9490万 | +77.3% |
| Cash Surrender Value, Fair Value Disclosure | $991万2025-12-31 | $840万 | +18.1% | $991万 | $840万 | +18.1% |
| Cash, Cash Equivalents, and Short-term Investments | $6.93亿 | – | – | $9040万2014-12-31 | $6340万 | +42.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $6.1亿 | $6.27亿 | -2.8% | $12.1亿 | $4.67亿 | +160.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.38亿 | -$4.77亿 | +129.0% | $7.47亿 | -$1.34亿 | +657.6% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 2亿 | 2亿 | 0.0% | 2亿 | 2亿 | 0.0% |
| Common Stock, Shares, Issued | 1.02亿 | 9870万 | +2.8% | 1亿 | 9680万 | +3.7% |
| Common Stock, Shares, Outstanding | 8120万 | 7850万 | +3.5% | 8020万 | 7660万 | +4.7% |
| Common Stock, Value, Issued | $1000 | $1000 | 0.0% | $1000 | $1000 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2430万 | $4130万 | -41.3% | $1.31亿 | $3.7亿 | -64.5% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $7.61亿2025-12-31 | $4.88亿 | +56.0% | $7.61亿 | $4.88亿 | +56.0% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $7.51亿 | $4.63亿 | +62.1% | $5.83亿 | $3.68亿 | +58.4% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $2.96亿 | $1.62亿 | +83.1% | $1.78亿 | $1.2亿 | +48.7% |
| Contract with Customer, Asset, Allowance for Credit Loss | $333万2025-09-30 | $268万 | +24.2% | $224万2024-12-31 | $152万 | +47.7% |
| Contract with Customer, Liability | $10.7亿2025-12-31 | $9.74亿 | +10.4% | $10.7亿 | $9.74亿 | +10.4% |
| Contract with Customer, Liability, Current | $6.71亿 | $6.03亿 | +11.2% | $7.15亿 | $6.13亿 | +16.6% |
| Contract with Customer, Liability, Noncurrent | $3.86亿 | $3.29亿 | +17.2% | $3.6亿 | $3.61亿 | -0.2% |
| Contract with Customer, Liability, Revenue Recognized | $2.13亿 | $1.84亿 | +15.8% | $6.82亿 | $5亿 | +36.6% |
| Cost of Goods and Services Sold | $3.58亿 | $2.65亿 | +35.2% | $11.2亿 | $8.41亿 | +33.3% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$3420万 | $6790万 | -150.4% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $584万 | $339万 | +72.5% |
| Current Income Tax Expense (Benefit) | – | – | – | -$2300万 | $8960万 | -125.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $540万 | $1820万 | -70.4% |
| Debt Conversion, Converted Instrument, Amount | – | – | – | $2840万 | – | – |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $1820万 | $2470万 | -26.5% | $2040万 | $971万 | +109.9% |
| Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction | $0 | -$52.3万 | +100.0% | $4350万 | $0 | – |
| Debt Securities, Available-for-sale | $17.3亿2025-12-31 | $9.86亿 | +75.8% | $17.3亿 | $9.86亿 | +75.8% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $603万 | $5410万 | -88.9% | $1220万 | $1.08亿 | -88.7% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $0 | $18.1万 | -100.0% | $3000 | $6.8万 | -95.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02