Axon Enterprise, Inc. (AXON)

Nasdaq: AXON · Ordnance & Accessories, (No Vehicles/Guided Missiles) · Scottsdale, AZ · filing with the SEC since 2001

Grade5.5

◀ Past 4.6● Present 5.5▶ Future 6.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 25, 2026	Feb 28, 2025	Feb 27, 2024	Feb 28, 2023	Feb 25, 2022	Feb 26, 2021	Feb 28, 2020	Feb 27, 2019	Mar 1, 2018	Mar 6, 2017
Revenue	2,779,536	2,082,526	1,560,699^r	1,187,143^r	863,381	681,003	530,860	420,068	343,798	268,245
For lenders
Provision for credit losses	·	·	5,484	701	·	·	·	·	·	·
Cost of revenue	1,121,411	841,146	605,246^r	461,030^r	322,471	264,672	223,574	161,485	136,710	97,709
Gross profit	1,658,125	1,241,380	955,453^r	726,113^r	540,910	416,331	307,286	258,583	207,088	170,536
Research and development	684,308	441,593	303,719	233,810	194,026	123,195	100,721	76,856	55,373	30,609
Selling, general and administrative	1,035,893	741,247	494,884^r	399,330^r	515,007	307,286	212,959	156,886	138,692	108,076
Total operating expenses	1,720,201	1,182,840	798,603^r	633,140^r	709,033	430,481	313,680	233,742	194,065	138,685
Operating income	-62,076	58,540	156,850^r	92,973^r	-168,123	-14,150	-6,394	24,841	13,023	31,851
Interest expense	94,238	7,098	6,995	·	·	·	·	·	·	·
Interest and investment income	75,431	43,693	49,107	·	·	·	·	·	·	·
Interest income (expense), net	·	36,595	42,112	4,294^r	1,483^r	7,859	8,464	3,263	2,738	-354
Other income (expense), net	99,857	286,369	-41,901	98,971	25,265	·	·	·	·	·
Income before income taxes	18,974	381,504	157,061^r	196,238^r	-141,375	-6,291	2,070	28,104	15,761	31,497
Income tax expense	-105,682	4,470	-18,722^r	49,308^r	-81,357	-4,567	1,188	-1,101	10,554	14,200
Net income including non-controlling interests	·	377,034	175,783^r	146,930^r	-60,018	-1,724	882	29,205	·	·
Net income	124,656	377,034	175,783^r	146,930^r	-60,018	-1,724	882	29,205	5,207	17,297
Earnings per share, basic	1.60	4.98	2.37^r	2.07	-0.91	-0.03	0.01	0.52	0.10	0.33
Earnings per share, diluted	1.51	4.80	2.33^r	2.03	-0.91	-0.03	0.01	0.50	0.10	0.32
Weighted average shares, basic	78,081	75,748	74,195	71,093	66,191	61,782	59,190	56,392	52,726	52,667
Weighted average shares, diluted	82,370	78,558	75,456	72,534	66,191	61,782	60,018	57,922	53,898	53,536

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AXON · research, not advice