Axon Enterprise revenue and financials
$418.62Change from previous close: +1.65%Absolute change: +$6.81
In the fiscal year ended December 2025, Axon Enterprise reported revenue of $2.78B (+33.47% year over year). Net income was $124.66M, a net margin of 4.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +33.47%
- 2025 vs 2024
- Net income growth
- −66.94%
- 2025 vs 2024
- Net margin
- 4.5%
- 2024: 18.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 211 | 408 | 189 | 235 | 124 | 38.5 | 65.7 | 63.9 | 18.5 | 21.1 |
| Depreciation and amortization | 83.2 | 48.4 | 19.3 | 23.1 | 18.7 | 12.5 | 11.4 | 10.6 | 8.0 | 3.7 |
| Capital expenditure | -136 | -78.8 | -59.6 | -55.8 | -49.9 | -72.6 | -15.9 | -11.1 | -10.4 | -5.0 |
| Investing cash flow | -725 | -491 | 12.5 | -831 | 253 | — | — | — | — | — |
| Financing cash flow | 1,252 | -45.4 | 41.3 | 598 | -174 | — | — | — | — | — |
| Share repurchases | -351 | -58.2 | -108 | -4.9 | -331 | — | — | 0.0 | 0.0 | -33.7 |
| Debt issued | 1,750 | 0.0 | 0.0 | 674 | — | — | — | — | — | — |
| Effect of exchange rates | 7.8 | -6.2 | 2.1 | -3.4 | -2.0 | — | — | — | — | — |
| Net change in cash | 747 | -134 | 245 | -0.9 | 201 | — | — | — | — | — |
| Free cash flow | 75.1 | 330 | 130 | 180 | 74.6 | — | — | — | — | — |
| Levered free cash flow | 230 | 381 | 99.5 | 152 | 81.3 | — | — | — | — | — |