Axon Enterprise revenue and financials
$422.40Change from previous close: +2.57%Absolute change: +$10.59
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 904 | 807 | 797 | 711 | 669 | 604 | 575 | 544 | 503 | 460 | 430 | 413 |
| Cost of revenue | 357 | 330 | 331 | 283 | 263 | 237 | 229 | 214 | 197 | 201 | 166 | 157 |
| Gross profit | 547 | 477 | 465 | 427 | 405 | 366 | 346 | 331 | 306 | 259 | 264 | 257 |
| Selling, general and administrative | 291 | 259 | 295 | 252 | 242 | 224 | 227 | 192 | 171 | 151 | 131 | 122 |
| Research and development | 209 | 189 | 193 | 177 | 163 | 151 | 135 | 114 | 101 | 91.1 | 84.0 | 76.9 |
| Operating income | 46.8 | 29.4 | -24.4 | -1.6 | -1.0 | -8.2 | -15.1 | 24.1 | 33.8 | 16.5 | 48.6 | 57.4 |
| EBIT | 46.8 | 29.4 | -24.4 | -1.6 | -1.0 | -8.2 | -15.1 | 24.1 | 33.8 | 16.5 | 48.6 | 57.4 |
| EBITDA | 79.2 | 59.8 | 2.5 | 18.0 | 16.1 | 11.3 | 2.5 | 37.1 | 44.1 | 23.8 | 55.1 | 65.8 |
| Interest expense | 28.1 | 28.6 | 28.8 | 28.9 | 28.7 | 7.8 | 1.8 | 1.6 | 1.9 | 1.8 | 1.8 | 1.8 |
| Pre-tax income | 32.7 | 200 | -66.2 | 15.7 | -38.9 | 108 | 84.6 | 79.6 | 51.5 | 166 | 55.7 | 71.7 |
| Income tax | 3.3 | 30.9 | -69.0 | 17.9 | -75.0 | 20.4 | -50.6 | 12.5 | 10.0 | 32.5 | -1.3 | 10.4 |
| Net income | 29.4 | 169 | 2.7 | -2.2 | 36.1 | 88.0 | 135 | 67.0 | 41.5 | 133 | 57.1 | 61.3 |
| Net income to common shareholders | 29.4 | 169 | 2.7 | -2.2 | 36.1 | 88.0 | 135 | 67.0 | 41.5 | 133 | 57.1 | 61.3 |
| Basic EPS | 0.37 | 2.11 | 0.03 | -0.03 | 0.46 | 1.14 | 1.77 | 0.89 | 0.55 | 1.77 | 0.76 | 0.82 |
| Diluted EPS | 0.36 | 2.05 | 0.03 | -0.03 | 0.44 | 1.08 | 1.66 | 0.86 | 0.53 | 1.73 | 0.75 | 0.81 |
| Average shares (basic) | 80.6 | 80.2 | 79.0 | 78.4 | 78.0 | 76.9 | 76.4 | 75.7 | 75.5 | 75.4 | 75.1 | 74.8 |
| Average shares (diluted) | 82.5 | 82.5 | 82.8 | 78.4 | 82.1 | 81.5 | 81.1 | 78.1 | 77.6 | 77.1 | 76.2 | 76.0 |