AXON ENTERPRISE, INC.
AXON ENTERPRISE, INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 598 | 459 | 1,201 | 1,424 | 615 | 1,093 | 455 | 695 | 566 | 404 | 599 | 406 | |||||
Short Term Investments | 76 | 260 | 505 | 953 | 1,471 | 1,099 | 333 | 312 | 402 | 560 | 644 | 716 | |||||
Marketable Securities | 19 | 18 | 27 | 68 | 144 | 175 | 198 | 152 | 108 | 100 | 78 | 69 | |||||
Accounts Notes And Loans Receivable Net Current | 769 | 675 | 777 | 701 | 628 | 600 | 548 | 513 | 386 | 477 | 413 | 443 | |||||
Contract With Customer Asset Net Current | 751 | 642 | 583 | 537 | 463 | 374 | 368 | 373 | 343 | 266 | 287 | 261 | |||||
Inventory Net | 487 | 408 | 342 | 318 | 308 | 280 | 265 | 272 | 278 | 271 | 270 | 260 | |||||
Prepaid Expense And Other Assets Current | - | - | 277 | 216 | 198 | 156 | 130 | 118 | 122 | 124 | 103 | 104 | |||||
Prepaid Expense Current | 191 | 179 | - | - | - | - | - | - | - | - | - | - | |||||
Other Assets Current | 115 | 104 | - | - | - | - | - | - | - | - | - | - | |||||
Assets Current | 3,005 | 2,744 | 3,713 | 4,217 | 3,828 | 3,777 | 2,297 | 2,434 | 2,206 | 2,202 | 2,394 | 2,258 | |||||
Property Plant And Equipment Net | 342 | 336 | 331 | 283 | 271 | 260 | 247 | 236 | 215 | 209 | 201 | 187 | |||||
Deferred Income Tax Assets Net | 346 | 340 | 360 | 345 | 357 | 336 | 304 | 244 | 227 | 209 | 228 | 214 | |||||
Intangible Assets Net Excluding Goodwill | 282 | 295 | 197 | 159 | 163 | 169 | 175 | 82 | 86 | 89 | 20 | 20 | |||||
Goodwill | 1,899 | 1,894 | 1,370 | 773 | 762 | 756 | 757 | 308 | 308 | 308 | 58 | 57 | |||||
Long Term Accounts Notes And Loans Receivable Net … | 2 | 2 | 6 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | |||||
Contract With Customer Asset Net Noncurrent | 296 | 196 | 178 | 164 | 162 | 134 | 120 | 120 | 107 | 88 | 84 | 79 | |||||
Equity Securities Without Readily Determinable Fai… | 854 | 838 | 417 | 387 | 404 | 414 | 333 | 388 | 363 | 295 | 232 | 240 | |||||
Other Assets Noncurrent | 457 | 421 | 428 | 326 | 266 | 236 | 238 | 191 | 228 | 212 | 191 | 195 | |||||
Assets | 7,481 | 7,067 | 7,000 | 6,657 | 6,215 | 6,083 | 4,475 | 4,006 | 3,742 | 3,616 | 3,409 | 3,254 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 270 | 175 | 139 | 115 | 118 | 98 | 72 | 76 | 104 | 82 | 66 | 90 | |||||
Accrued Liabilities Current | 424 | 312 | 511 | 293 | 266 | 267 | 279 | 210 | 142 | 127 | 194 | 147 | |||||
Contract With Customer Liability Current | 671 | 690 | 715 | 639 | 603 | 661 | 613 | 505 | 486 | 516 | 470 | 455 | |||||
Notes Payable Current | 0 | 0 | 81 | 280 | 279 | 279 | 680 | - | - | - | - | - | |||||
Convertible Notes Payable Current | - | - | - | - | - | - | 680 | - | - | - | 0 | - | |||||
Other Liabilities Current | 17 | 12 | 9 | 8 | 11 | 11 | 13 | 11 | 12 | 10 | 10 | 9 | |||||
Liabilities Current | 1,398 | 1,208 | 1,470 | 1,350 | 1,297 | 1,337 | 1,678 | 823 | 766 | 757 | 762 | 718 | |||||
Contract With Customer Liability Noncurrent | 386 | 362 | 360 | 365 | 329 | 349 | 361 | 305 | 291 | 294 | 271 | 270 | |||||
Liability For Uncertain Tax Positions Noncurrent | 27 | 27 | 24 | 22 | 32 | 29 | 25 | 20 | 19 | 19 | 18 | 19 | |||||
Deferred Compensation Liability Classified Noncurr… | 33 | 29 | 24 | 23 | 21 | 19 | 16 | 16 | 14 | 15 | 11 | 9 | |||||
Deferred Income Tax Liabilities Net | - | - | - | - | - | - | - | - | - | - | - | 2 | |||||
Operating Lease Liability Noncurrent | 102 | 97 | 99 | 90 | 44 | 40 | 41 | 41 | 42 | 33 | 34 | 35 | |||||
Convertible Long Term Notes Payable | - | - | - | - | - | - | 0 | 679 | 679 | 678 | 677 | 676 | |||||
Long Term Notes Payable | 1,732 | 1,731 | 1,730 | 1,729 | 1,729 | 1,728 | 0 | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 130 | 77 | 50 | 51 | 32 | 27 | 26 | 21 | 3 | 3 | 21 | 3 | |||||
Liabilities | 3,807 | 3,533 | 3,758 | 3,630 | 3,483 | 3,527 | 2,147 | 1,906 | 1,814 | 1,798 | 1,793 | 1,733 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 2,736 | 2,620 | 2,475 | 2,262 | 1,965 | 1,830 | 1,690 | 1,588 | 1,494 | 1,421 | 1,347 | 1,316 | |||||
Treasury Stock Value | - | - | - | - | - | - | - | -156 | -156 | -156 | -156 | -156 | |||||
Treasury Stock Common Value | -180 | -180 | -157 | -156 | -156 | -156 | -156 | - | - | - | -156 | - | |||||
Retained Earnings Accumulated Deficit | 1,135 | 1,106 | 937 | 934 | 936 | 900 | 812 | 677 | 605 | 564 | 435 | 374 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -16 | -11 | -12 | -13 | -13 | -18 | -18 | -9 | -14 | -12 | -11 | -13 | |||||
Stockholders Equity | 3,675 | 3,534 | 3,243 | 3,028 | 2,732 | 2,556 | 2,328 | 2,100 | 1,933 | 1,822 | 1,616 | 1,525 | |||||
Liabilities And Stockholders Equity | 7,481 | 7,067 | 7,000 | 6,657 | 6,215 | 6,083 | 4,475 | 4,006 | 3,742 | 3,616 | 3,409 | 3,254 | |||||
Allowance For Doubtful Accounts Receivable Current | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 102 | 101 | 100 | 99 | 99 | 98 | 97 | 76 | 76 | 75 | 96 | 75 | |||||
Shares Outstanding | 81 | 81 | 80 | 79 | 79 | 78 | 77 | 76 | 76 | 75 | 75 | 75 | |||||
Treasury Stock Common Shares | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.11% | 8.89% | 17.67% | - | - | - | - | - | - | - | - | - |
| 2025 | 24.68% | 36.02% | 22.13% | -13.82% | -18.25% | -15.13% | -15.54% | -8.71% | -4.13% | -4.60% | -22.56% | -24.66% |
| 2024 | -9.93% | -5.91% | -0.68% | 4.50% | 13.20% | 27.28% | 7.26% | 1.29% | 1.18% | 5.97% | 5.88% | 38.74% |
| 2023 | - | - | - | 22.57% | 13.24% | 14.24% | 7.00% | 19.39% | 16.17% | 16.37% | 8.02% | 6.24% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.15 | 2.27 | 2.53 | 3.12 | 2.95 | 2.83 | 1.37 | 2.96 | 2.88 | 2.91 | 3.14 | 3.15 | |||||
| Quick Ratio | 1.66 | 1.79 | 2.10 | 2.73 | 2.56 | 2.50 | 1.13 | 2.48 | 2.36 | 2.39 | 2.65 | 2.64 | |||||
| Working Capital | 1.61B | 1.54B | 2.24B | 2.87B | 2.53B | 2.44B | 619.61M | 1.61B | 1.44B | 1.44B | 1.63B | 1.54B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.04 | 1.00 | 1.16 | 1.20 | 1.27 | 1.38 | 0.92 | 0.91 | 0.94 | 0.99 | 1.11 | 1.14 | |||||
| Interest Coverage TTM | 0.21 | -0.21 | -0.66 | -0.41 | -0.04 | 2.53 | 8.25 | 6.64 | 5.69 | 4.58 | 3.72 | 1.17 | |||||
| Debt Ratio | 0.51 | 0.50 | 0.54 | 0.55 | 0.56 | 0.58 | 0.48 | 0.48 | 0.48 | 0.50 | 0.53 | 0.53 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.47 | 0.45 | 0.48 | 0.48 | 0.48 | 0.46 | 0.53 | 0.53 | 0.53 | 0.51 | 0.50 | 0.56 | |||||
| Days Sales Outstanding TTM | 79.18 | 78.00 | 87.00 | 86.57 | 77.38 | 88.30 | 84.18 | 90.02 | 76.60 | 93.20 | 90.17 | 107.12 | |||||
| Receivables Turnover TTM | 4.61 | 4.68 | 4.20 | 4.22 | 4.72 | 4.13 | 4.34 | 4.05 | 4.76 | 3.92 | 4.05 | 3.41 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.41 | 2.50 | 1.51 | 3.28 | 3.98 | 4.07 | 4.80 | 3.82 | 3.78 | 3.42 | 2.33 | 1.95 | |||||
| Free Cash Flow Per Share TTM | 1.65 | 0.24 | 0.96 | 1.85 | 2.26 | 4.72 | 4.35 | 2.91 | 2.71 | 2.15 | 1.75 | 1.78 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 59.41% | 59.32% | 59.65% | 60.31% | 60.47% | 60.57% | 59.61% | 59.78% | 60.02% | 60.21% | 61.22% | 61.25% | |||||
| Operating Profit Margin TTM | 0.74% | -0.81% | -2.23% | -1.08% | -0.06% | 1.50% | 2.81% | 6.03% | 8.32% | 9.34% | 10.05% | 9.33% | |||||
| Net Profit Margin TTM | 6.19% | 6.90% | 4.48% | 10.05% | 13.64% | 14.90% | 18.10% | 15.42% | 16.22% | 15.73% | 11.26% | 10.09% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 34.60% | 34.00% | 33.47% | 32.05% | 32.41% | 32.71% | 33.44% | 32.04% | 32.27% | 31.41% | 31.16% | 36.93% | |||||
| Net Income Growth (1Y) | -38.92% | -37.89% | -66.93% | -13.91% | 11.40% | 25.70% | 114.41% | 101.72% | 196.28% | 92.03% | 19.47% | 41.73% | |||||
| EPS Growth (1Y) | -40.87% | -40.42% | -67.91% | -16.89% | 7.85% | 23.19% | 110.02% | 99.40% | 191.23% | 85.11% | 14.47% | 34.68% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 226.65 | 165.25 | 355.74 | 218.89 | 197.91 | 121.93 | 119.44 | 101.29 | 75.85 | 89.35 | 109.04 | 100.58 | |||||
| P/B TTM | 12.29 | 9.63 | 13.68 | 18.59 | 23.63 | 15.82 | 19.34 | 14.41 | 11.49 | 12.94 | 11.86 | 9.76 | |||||
| P/S TTM | 14.03 | 11.41 | 15.95 | 22.00 | 27.00 | 18.16 | 21.62 | 15.61 | 12.30 | 14.05 | 12.28 | 10.15 | |||||
| Market Cap | 45.17B | 34.04B | 44.34B | 56.27B | 64.58B | 40.44B | 45.02B | 30.25B | 22.22B | 23.58B | 19.17B | 14.89B | |||||
| Enterprise Value | 46.29B | 35.30B | 44.94B | 56.85B | 65.96B | 41.34B | 45.92B | 30.23B | 22.33B | 23.85B | 19.24B | 15.16B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 133.19M | 19.51M | 75.08M | 145.02M | 176.49M | 362.59M | 329.53M | 220.19M | 204.26M | 162.33M | 129.63M | 133.14M | |||||
| Net Debt | 1.12B | 1.26B | 597.33M | 572.78M | 1.38B | 901.95M | 905.73M | -17.97M | 110.07M | 271.90M | 76.44M | 268.30M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
AXON ENTERPRISE, INC. (AXON) — SEC Financial Statements & Analysis
AXON ENTERPRISE, INC. (AXON) is a ordnance & accessories, (no vehicles/guided missiles) company, incorporated in DE. AXON ENTERPRISE, INC. trades on Nasdaq as: AXON. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), AXON ENTERPRISE, INC. reported a 34.60% year-over-year revenue growth, a Gross Profit Margin of 59.41% (TTM), a Debt-to-Equity ratio of 1.04x, a Price-to-Sales (P/S) ratio of 14.03x (TTM), a Price-to-Book (P/B) ratio of 12.29x (TTM), at a market cap of $45.17B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 34.60%
- Gross Profit Margin TTM
- 59.41%
- Debt To Equity
- 1.04x
- P/S TTM
- 14.03x
- P/B TTM
- 12.29x
- Market Cap
- $45.17B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is AXON ENTERPRISE, INC. in?
AXON ENTERPRISE, INC. (AXON) operates in the Ordnance & Accessories, (No Vehicles/Guided Missiles) industry.
What is AXON's market cap?
AXON ENTERPRISE, INC. (AXON) has a market capitalization of $45.17B as of 2026-06-30.
What is AXON's P/E ratio?
AXON ENTERPRISE, INC. (AXON)'s trailing twelve month P/E ratio is 226.65x as of 2026-06-30.
What exchange does AXON trade on?
AXON ENTERPRISE, INC. (AXON) trades on the Nasdaq.
Where is AXON ENTERPRISE, INC. incorporated?
AXON ENTERPRISE, INC. is incorporated in DE.