AXON
Axon Enterprise, Inc.
AXON has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over AXON overall, supported by stronger modeled upside.
AXON Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Weak |
AXON's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
AXON PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 36x | $307 | — |
| Current | 99x | $307 | — |
| Cheap | 104x | $322 | +4.9% |
| Fair | 152x | $472 | +54% |
| Expensive | 201x | $625 | +103% |
Historical ranges are pointers, not guarantees.
AXON's PE is 99x, but its earnings don't support one, so it isn't a reliable read right now.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
AXON Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for AXON, but weaker profitability. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over AXON on the outlook, with more favorable profitability expectations.
AXON Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.54 | +174% |
| Q3 2026 | $3.11 | -1.9% |
| Q2 2026 | $2.40 | -41% |
| Q1 2026 | $2.48 | -40% |
| Q4 2025 | $1.51 | -69% |
| Q3 2025 | $3.17 | -18% |
| Q2 2025 | $4.06 | +6.8% |
| Q1 2025 | $4.15 | +21% |
| Q4 2024 | $4.80 | +108% |
AXON has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
AXON Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $908.6M | +28% |
| Q2 2026 | $904.4M | +35% |
| Q1 2026 | $807.3M | +34% |
| Q4 2025 | $796.7M | +39% |
| Q3 2025 | $710.6M | +31% |
| Q2 2025 | $668.5M | +33% |
| Q1 2025 | $603.6M | +31% |
| Q4 2024 | $575.1M | +33% |
AXON has the edge over RDW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.6% | +4.9 points |
| Q2 2026 | 5.2% | +5.3 points |
| Q1 2026 | 3.6% | +5.1 points |
| Q4 2025 | -6.3% | -3.5 points |
| Q3 2025 | -0.3% | -4.7 points |
| Q2 2025 | -0.1% | -6.7 points |
| Q1 2025 | -1.5% | -5 points |
| Q4 2024 | -2.7% | -13 points |
AXON has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
AXON Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$18.9M | -157% |
| Q2 2026 | -$972K | +$113.7M |
| Q1 2026 | -$54.6M | -5963% |
| Q4 2025 | $155.4M | -31% |
| Q3 2025 | $33.4M | -49% |
| Q2 2025 | -$114.7M | -260% |
| Q1 2025 | $932K | +$33.1M |
| Q4 2024 | $225.4M | +94% |
AXON has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
AXON Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.4% | +1.1M shares |
| 1 year | +6.7% | +5.3M shares |
| 3 years | +10% | +7.7M shares |
| 5 years | +16% | +11.2M shares |
| Available history | +39% | +23.7M shares |
AXON has the edge over RDW on shareholder dilution, with a more favorable share count trend.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AXON Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.4x | High |
| Q2 2026 | 8.5x | High |
| Q1 2026 | 18.2x | High |
| Q4 2025 | 28.9x | High |
| Q3 2025 | 12.7x | High |
| Q2 2025 | 23.6x | High |
| Q1 2025 | 10.3x | High |
| Q4 2024 | 2.1x | Moderate |
AXON's net debt is about 7.4 years of its operating earnings (EBITDA), down from 13 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AXON Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.9 | Neutral |
| Stochastic | 8.2 | Oversold |
AXON's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
AXON PE vs Industrials Sector
| Metric | AXON | Sector median | Relative |
|---|---|---|---|
| PE | 99x | 24x | 310% above |
| PE % | 13 | 58 | 45 pts below |
AXON is trading at 99x earnings, a 310% premium to the Industrials sector's median of 24x, though its earnings don't support one.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
AXON Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $390.6 | 21% below |
| 20 week MA | $484.2 | 37% below |
| 50 week MA | $482.6 | 36% below |
| 100 week MA | $575.2 | 47% below |
| 200 week MA | $429.6 | 29% below |
AXON is in a downtrend: it's below all five of its weekly moving averages, and 29% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
AXON Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.9 | $130.8 | +79% |
| 2021 | $130.8 | $160.5 | +23% |
| 2022 | $160.5 | $169.0 | +5.3% |
| 2023 | $169.0 | $258.3 | +53% |
| 2024 | $258.3 | $611.0 | +137% |
| 2025 | $611.0 | $583.8 | -4.4% |
| 2026 YTD | $583.8 | $307.1 | -47% |
AXON is down 47% so far in 2026, after finishing higher in five of the previous six years.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over AXON on returns for 2026, with the stronger performance.