Axon Enterprise revenue and financials

AXON · NASDAQ · USD

$418.62Change from previous close: +1.65%Absolute change: +$6.81

Close · October 6, 2026

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%.

Annual revenue · 2025: $2.78B
  1. $268.25M2016
  2. $343.8M2017
  3. $420.07M2018
  4. $530.86M2019
  5. $681M2020
  6. $863.38M2021
  7. $1.19B2022
  8. $1.56B2023
  9. $2.08B2024
  10. $2.78B2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets7,4817,0677,0006,6576,2156,0834,4754,0063,7423,6163,4093,254
Current assets3,0052,7443,7134,2173,8283,7772,2972,4342,2062,2022,3942,258
Cash and equivalents5984591,2011,4246151,093455695566404599406
Short-term investments94.82785331,0211,6151,274532463510660722785
Receivables1,5201,3161,3601,2381,091974916886729743700703
Inventory487408342318308280265272278271270260
Net property, plant and equipment342336430283271260292236215209237187
Goodwill1,8991,8941,37077376275675730830830857.957.3
Other intangible assets28229519715916316917581.785.689.419.520.3
Long-term investments854838417369404414333388363295213240
Current liabilities1,3981,2081,4701,3501,2971,3371,678823766757762718
Accounts payable27017513911511897.772.075.610482.165.990.0
Long-term debt1,7321,7311,7301,7291,7291,728—679679678677676
Total debt1,8331,8281,9102,0992,051———————
Total liabilities3,8073,5333,7583,6303,4833,5272,1471,9061,8141,7981,7931,733
Total equity (incl. minority)3,6753,5343,2433,0282,7322,5562,3282,1001,9291,8181,6161,521
Retained earnings1,1351,106937934936900812677605564435374