AXON ENTERPRISE, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 09/30/24 | FY 03/31/24 | FY 12/31/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.8B | $2.1B | — | — | $1.6B |
| Cost of revenue | $1.1B | $841.1M | — | — | $605.2M |
| Gross profit | $1.7B | $1.2B | — | — | $955.5M |
| Selling, general & administrative | $1.0B | $741.2M | — | — | $494.9M |
| Research and development | $684.3M | $441.6M | — | — | $303.7M |
| Operating expenses | $1.7B | $1.2B | — | — | $798.6M |
| Operating income | -$62.1M | $58.5M | — | — | $156.8M |
| Interest expense | $94.2M | $7.1M | — | — | $7.0M |
| Pretax income | $19.0M | $381.5M | — | — | $157.1M |
| Income tax expense | -$105.7M | $4.5M | — | — | -$18.7M |
| Net income | $124.7M | $377.0M | — | — | $175.8M |
| Balance Sheet | |||||
| Cash and equivalents | $1.2B | $454.8M | — | — | $598.5M |
| Current assets | $3.7B | $2.3B | $2.4B | $2.2B | $2.4B |
| Total assets | $7.0B | $4.5B | $4.0B | $3.6B | $3.4B |
| Current liabilities | $1.5B | $1.7B | $1.5B | $1.4B | $761.5M |
| Total liabilities | $3.8B | $2.1B | $1.9B | $1.8B | $1.8B |
| Total debt | $1.8B | $690.0M | — | — | — |
| Stockholders' equity | $3.2B | $2.3B | $2.1B | $1.8B | $1.6B |
| Cash Flow Statement | |||||
| Cash from operations | $211.3M | $408.3M | — | — | $189.3M |
| Depreciation and amortization | $83.2M | $48.4M | — | — | $19.3M |
| Stock-based compensation | $634.2M | $382.6M | — | — | $131.4M |
| Capital expenditure | $136.3M | $78.8M | — | — | $59.6M |
| Free cash flow | $75.1M | $329.5M | — | — | $129.6M |
| Impairments | $0 | $0 | — | — | $0 |
Shares outstanding 80.6M · Free float 95.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.