Axon Enterprise, Inc. (AXON) Financial Statements
Axon Enterprise financial statements at a glance
Axon Enterprise reported revenue of $2.78 billion for fiscal year 2025 (ended December 31, 2025), up 33.5% from fiscal year 2024. Net income was $124.66 million, a net margin of 4.5%.
At the end of fiscal year 2025 it had total assets of $7.00 billion, total liabilities of $3.76 billion and shareholders' equity of $3.24 billion, with total debt of $1.81 billion.
Its operations brought in $211.34 million of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Axon Enterprise, Inc.
Income Statement
Annual • USD
Axon Enterprise key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.1B | $1.6B | $1.2B | $863.4M |
| Gross profit | $1.7B | $1.2B | $955.5M | $726.1M | $540.9M |
| Operating income | -$100.9M | $58.5M | $156.9M | $93.0M | -$168.1M |
| Net income | $124.7M | $377.0M | $175.8M | $146.9M | -$60.0M |
| Diluted EPS | – | – | – | – | -$0.91 |
| Total assets | $7.0B | $4.5B | $3.4B | $2.9B | $1.7B |
| Total liabilities | $3.8B | $2.1B | $1.8B | $1.6B | $640.4M |
| Shareholders' equity | $3.2B | $2.3B | $1.6B | $1.3B | $1.0B |
| Cash | – | – | – | – | $356.3M |
| Total debt | $1.8B | $680.3M | $677.1M | $674.0M | $20.4M |
| Operating cash flow | $211.3M | $408.3M | $189.3M | $235.4M | $124.5M |
| Capital spending | – | – | – | – | $50.3M |
| Free cash flow | – | – | – | – | $74.2M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Axon Enterprise's revenue in fiscal year 2025?
$2.78 billion, up 33.5% from $2.08 billion in fiscal year 2024.
How much profit does Axon Enterprise make?
Axon Enterprise reported net income of $124.66 million for fiscal year 2025 (4.5% of revenue); operating income was -$100.94 million.
How much cash and debt does Axon Enterprise have?
At the end of fiscal year 2025: total debt of $1.81 billion.
