Company research / AXON

Axon Enterprise, Inc. (AXON)

SEC name AXON ENTERPRISE, INC. · CIK 0001069183 · Nasdaq · Ordnance & Accessories, (No Vehicles/Guided Missiles)

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Axon Enterprise, Inc. reported revenue of $2.78B. Revenue grew 33.5% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $3.22B.

Key ratios (year ended 2025-12-31)

59.7%
Gross margin
-2.2%
Operating margin
4.5%
Net margin
3.8%
Return on year-end equity
33.5%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-02

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312024-03-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Revenue$3.22B$2.78B$2.08Bn/a$1.56B$1.19B$863.38M$681.00M$530.86M$420.07M$343.80M
Cost of Revenue$1.31B$1.12B$841.15Mn/a$605.25M$461.03M$322.47M$264.67M$223.57M$161.49M$136.71M
Gross Profit$1.91B$1.66B$1.24Bn/a$955.45M$726.11M$540.91M$416.33M$307.29M$258.58M$207.09M
R&D Expense$768.36M$684.31M$441.59Mn/a$303.72M$233.81M$194.03M$123.19M$100.72M$76.86M$55.37M
Operating Income$23.77M-$62.08M$58.54Mn/a$156.85M$92.97M-$168.12M-$14.15M-$6.39M$24.84M$13.02M
Depreciation & Amortization$109.38M$83.16M$48.42Mn/a$19.32M$23.12M$18.69M$12.47M$11.36M$10.62M$8.04M
EBITDA$133.15M$21.09M$106.97Mn/a$176.16M$116.09M-$149.43M-$1.68M$4.97M$35.46M$21.06M
Net Income$199.30M$124.66M$377.03Mn/a$175.78M$146.93M-$60.02M-$1.72M$882.0K$29.20M$5.21M
EPS (Diluted)n/a$1.51$4.80n/a$2.33$2.03-$0.91-$0.03$0.01$0.50$0.10
Total Assets$7.48B$7.00B$4.47B$3.59B$3.41B$2.85B$1.69B$1.38B$845.64M$719.54M$338.11M
Total Liabilities$3.81B$3.76B$2.15B$1.76B$1.79B$1.58B$640.36M$404.77M$302.14M$252.22M$170.67M
Long-Term Debt$1.73B$1.81B$680.29Mn/an/an/an/an/an/an/an/a
Shareholders' Equity$3.67B$3.24B$2.33B$1.82B$1.62B$1.27B$1.05B$976.25M$543.50M$467.32M$167.44M
Cash & Equivalents$597.70M$1.20B$454.84Mn/a$598.54M$353.68M$356.33M$155.44M$172.25M$349.46M$75.11M
Operating Cash Flow$265.81M$211.34M$408.31Mn/a$189.26M$235.36M$124.49M$38.48M$65.67M$63.88M$18.47M
Capital Expenditures$132.62M$136.26M$78.78Mn/a$59.63M$55.80M$49.89M$72.63M$15.94M$11.14M$10.42M
Free Cash Flow$133.19M$75.08M$329.53Mn/a$129.63M$179.56M$74.61M-$34.15M$49.73M$52.74M$8.05M
Share Repurchasesn/an/an/an/an/an/an/an/an/a$0$0
Shares Outstanding81.24M80.21M76.62Mn/a75.30M71.47M70.90M63.77M59.50M58.81M52.97M
Weighted Average Diluted Sharesn/a82.37M78.56Mn/a75.46M72.53M66.19M61.78M60.02M57.92M53.90M
EPS (Basic)n/a$1.60$4.98n/a$2.37$2.07-$0.91-$0.03$0.01$0.52$0.10

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