Axon Enterprise

Industrials Aerospace & Defense Scottsdale, Arizona Last filing Feb 25, 2026 · FY2025

Balance Sheet

Assets, liabilities, and equity

32 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
BS Assets Cash	$1.2B	$454.8M	$598.5M	$353.7M	$356.3M
BS Assets Short Term Invest	$505.4M	$333.2M	$644.1M	$581.8M	$14.5M
BS Assets Accts Receivable	$4.2M	$8.9M	$6.4M	$5.8M	$5.6M
BS Assets Inventory	$341.8M	$265.3M	$269.9M	$202.5M	$108.7M
BS Assets Other Current Assets	$428.2M	$237.6M	$191.0M	$159.6M	$98.2M
BS Assets Total Current	$3.7B	$2.3B	$2.4B	$1.8B	$1.1B
BS Assets PPE	$331.0M	$247.3M	$200.5M	$169.8M	$138.5M
BS Assets Goodwill	$1.4B	$756.8M	$57.9M	$45.0M	$43.6M
BS Assets Intangible Assets	$197.0M	$175.2M	$19.5M	$12.2M	$15.5M
BS Assets Deferred Tax Assets	$359.8M	$304.3M	$227.8M	$156.9M	$127.2M
BS Assets Other Noncurrent	$428.2M	$237.6M	$191.0M	$159.6M	$98.2M
BS Assets Total	$7.0B	$4.5B	$3.4B	$2.9B	$1.7B
BS Liab Accts Payable	$139.1M	$72.0M	$65.9M	$59.9M	$32.2M
BS Liab Accrued Liab	$510.5M	$279.2M	$193.6M	$155.9M	$103.7M
BS Liab Deferred Rev Current	$714.7M	$613.0M	$470.4M	$360.0M	$265.6M
BS Liab Current Debt	$80.6M	$680.3M	—	—	—
BS Liab Other Current	$9.1M	$12.9M	$9.8M	$6.4M	$6.5M
BS Liab Total Current	$1.5B	$997.6M	$761.5M	$602.6M	$418.5M
BS Liab Long Term Debt	$1.7B	$0	$0	$0	$0
BS Liab Deferred Rev LT	$359.9M	$360.7M	$270.9M	$248.0M	$185.7M
BS Liab Op Lease Noncurrent	$98.9M	$41.4M	$33.5M	$37.1M	$20.4M
BS Liab Deferred Tax Liab	$0	$110.4M	$27.2M	$25.3M	$18.4M
BS Liab Other Noncurrent	$50.4M	$26.1M	$20.9M	$4.6M	$25.8M
BS Liab Total	$3.8B	$2.1B	$1.8B	$1.6B	$640.4M
BS Equity Preferred Stock	$0	$0	$0	$25.0M	$25.0M
BS Equity Common Stock	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K
BS Equity APIC	$2.5B	$1.7B	$1.3B	$1.2B	$1.1B
BS Equity Retained Earnings	$936.7M	$812.0M	$435.0M	$257.0M	$109.9M
BS Equity Treasury Stock	$157.2M	$155.9M	$155.9M	$155.9M	$155.9M
BS Equity AOCI	$-11.8M	$-18.2M	$-10.7M	$-7.2M	$-1.3M
BS Equity Total	$3.2B	$2.3B	$1.6B	$1.3B	$1.1B
BS Equity Total Liab and Equity	$7.0B	$4.5B	$3.4B	$2.9B	$1.7B

Income Statement

Revenue, expense, and profitability

20 accounts · 5 years

Revenue $2.8B

Operating income $-62.1M

Net income $124.7M

Account	2025	2024	2023	2022	2021
Statement
IS Revenue Total	$2.8B	$2.1B	$1.6B	$1.2B	$863.4M
IS Expense COGS	$1.1B	$841.1M	$605.2M	$461.0M	$322.5M
IS Expense Rn D	$684.3M	$441.6M	$303.7M	$233.8M	$194.0M
IS Expense SGA	$1.0B	$741.2M	$494.9M	$399.3M	$515.0M
IS Expense DA	$83.2M	$48.4M	$19.3M	$23.1M	$18.7M
IS Expense SBC	$634.2M	$382.6M	$131.4M	$106.2M	$303.3M
IS Expense Restructuring	$31.8M	$0	$0	$0	$0
IS Expense Total Opex	$1.7B	$1.2B	$798.6M	$633.1M	$709.0M
IS Gross Profit	$1.7B	$1.2B	$955.5M	$726.1M	$540.9M
IS Operating Income	$-62.1M	$58.5M	$156.8M	$93.0M	$-168.1M
IS Interest Income	$75.4M	$36.6M	$42.1M	$4.3M	$1.5M
IS Other Nonop Inc Exp	$99.9M	$286.4M	$-41.9M	$99.0M	$25.3M
IS Pre Tax Income	$19.0M	$381.5M	$157.1M	$196.2M	$-141.4M
IS Tax Expense	$-105.7M	$4.5M	$-18.7M	$49.3M	$-81.4M
IS net Income	$124.7M	$377.0M	$175.8M	$146.9M	$-60.0M
IS Comprehensive Income	$131.0M	$369.5M	$172.3M	$141.1M	$-61.5M
IS EPS Basic	$2	$5	$2	$2	$-1
IS EPS Diluted	$2	$5	$2	$2	$-1
IS Shares Basic	$78.1M	$75.7M	$74.2M	$71.1M	$66.2M
IS Shares Diluted	$82.4M	$78.6M	$75.5M	$72.5M	$66.2M

Cash Flow Statement

Operating, investing, and financing flows

21 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
CF Ops net Income	$124.7M	$377.0M	$175.8M	$146.9M	$-60.0M
CF Ops DA	$83.2M	$48.4M	$19.3M	$23.1M	$18.7M
CF Ops SBC	$634.2M	$382.6M	$131.4M	$106.2M	$303.3M
CF Ops Deferred Tax	$-82.7M	$-85.1M	$-72.5M	$22.0M	$-81.3M
CF Ops Working Capital	$430.0M	$192.6M	$304.8M	$294.6M	$193.9M
CF Ops net Cash	$211.3M	$408.3M	$189.3M	$235.4M	$124.5M
CF Inv Capex	$136.3M	$78.8M	$59.6M	$55.8M	$49.9M
CF Inv Acquisitions	$646.9M	$621.8M	$21.1M	$2.1M	$22.4M
CF Inv Purchase Investments	$2.1B	$793.4M	$563.7M	$845.2M	$362.5M
CF Inv Proceeds Investments	$2.1B	$1.0B	$657.4M	$72.1M	$718.6M
CF Inv Other	$49.0K	$-54.0K	$537.0K	$20.0K	—
CF Inv net Cash	$-724.9M	$-490.6M	$12.5M	$-831.0M	$252.6M
CF Fin Debt Issuance	$1.8B	$0	$0	$124.3M	—
CF Fin Stock Issuance	$0	$14.6M	$54.5M	$0	$51.6M
CF Fin Tax Withholding	$351.0M	$58.2M	$107.9M	$4.9M	$331.3M
CF Fin Other	$-224.0K	$-1.8M	$0	$0	$0
CF Fin net Cash	$1.3B	$-45.4M	$41.3M	$598.1M	$-174.2M
CF FX Effect	$7.8M	$-6.2M	$2.1M	$-3.4M	$-2.0M
CF net Change	$746.6M	$-133.9M	$245.1M	$-886.0K	$200.9M
CF Cash Begin	$1.2B	$466.8M	$600.7M	$355.6M	$356.4M
CF Cash End	$1.2B	$466.8M	$600.7M	$355.6M	$356.4M

Stock Data

One-year price and volume history

Cached market data

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

One-year price and volume history

Recent price history