Axon Enterprise, Inc. (AXON) — Financial statements
Income statement, balance sheet, and cash flow for Axon Enterprise, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,780↑33.5% | 2,083↑33.4% | 1,561↑31.2% | 1,190↑37.8% | 863 | |
| Cost of Revenue | 1,121↑33.3% | 841↑39.0% | 605↑31.2% | 461↑38.8% | 332 | |
| Gross Profit | 1,658↑33.6% | 1,241↑29.9% | 955↑31.1% | 729↑37.2% | 531 | |
| Operating Expenses | ||||||
| R&D Expenses | 684↑55.0% | 442↑45.4% | 304↑29.9% | 234↑20.5% | 194 | |
| General & Administrative Expenses | 0.00↓100.0% | 632 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 109 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,034↑39.5% | 741↑50.6% | 492↑22.6% | 402↓20.3% | 504 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,718↑45.3% | 1,183↑48.6% | 796↑25.3% | 635↓9.0% | 698 | |
| Total Costs & Expenses | 2,842↑40.4% | 2,024↑44.4% | 1,401↑27.8% | 1,097↑6.5% | 1,030 | |
| Operating Results | ||||||
| Operating Income | -62↓206.0% | 59↓63.3% | 159↑71.0% | 93↑155.9% | -167 | |
| Depreciation & Amortization | 83↑71.7% | 48↑150.7% | 19↓37.9% | 31↑28.2% | 24 | |
| EBITDA | 196↓55.1% | 437↑138.3% | 183↓19.4% | 228↑294.4% | -117 | |
| EBIT | 113↓70.9% | 389↑136.9% | 164↓16.5% | 197↑239.0% | -141 | |
| Interest & Other Income | ||||||
| Net Interest Income | -19↓151.4% | 37↓13.1% | 42↑777.3% | 5↓84.5% | 31 | |
| Interest Income | 75↑72.6% | 44↓11.0% | 49↑923.1% | 5↓84.5% | 31 | |
| Interest Expense | 94↑1227.7% | 7↑1.5% | 7 | 0.00 | 0.00 | |
| Non-Operating Income | -175↑46.9% | -330↓7065.9% | -5↑95.5% | -103↓305.8% | -25 | |
| Other Income / Expenses | 81↓74.9% | 323↑13618.8% | -2↓102.3% | 103↑305.8% | 25 | |
| Income Before Tax | 19↓95.0% | 382↑142.9% | 157↓20.1% | 197↑239.0% | -141 | |
| Income Tax Expense | -106↓2464.3% | 4↑123.9% | -19↓137.9% | 49↑160.7% | -81 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 125↓66.9% | 377↑114.5% | 176↑19.5% | 147↑345.2% | -60 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 125↓66.9% | 377↑114.5% | 176↑19.5% | 147↑345.2% | -60 | |
| Bottom-Line Net Income | 125↓66.9% | 377↑114.5% | 176↑19.5% | 147↑345.2% | -60 | |
| EPS (Basic) | 1.60↓67.9% | 4.98↑110.1% | 2.37↑14.5% | 2.07↑327.5% | -0.91 | |
| EPS (Diluted) | 1.51↓68.5% | 4.80↑106.0% | 2.33↑14.8% | 2.03↑323.1% | -0.91 | |
| Weighted Average Shares | 80↑6.1% | 76↑2.1% | 74↑4.4% | 71↑7.4% | 66 | |
| Weighted Average Diluted Shares | 100↑27.3% | 79↑4.1% | 75↑4.0% | 73↑9.6% | 66 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.