AXON
Axon Enterprise Inc.
NASDAQ: AXON · INDUSTRIALS · AEROSPACE & DEFENSE
$401.76
+0.30% today
Updated 2026-04-30
Market cap
$32.74B
P/E ratio
270.87
P/S ratio
11.78x
EPS (TTM)
$1.50
Dividend yield
—
52W range
$339 – $886
Volume
1.1M
Axon Enterprise Inc. (AXON) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.72M | $100.73M | $92.85M | $104.25M | $86.93M | $90.03M | $114.75M | $137.83M | $164.53M | $197.89M | $268.25M | $343.80M | $420.07M | $530.86M | $681.00M | $863.38M | $1.19B | $1.56B | $2.08B | $2.78B |
| Revenue growth (YoY) | — | +48.7% | -7.8% | +12.3% | -16.6% | +3.6% | +27.5% | +20.1% | +19.4% | +20.3% | +35.6% | +28.2% | +22.2% | +26.4% | +28.3% | +26.8% | +37.8% | +31.2% | +33.4% | +33.5% |
| Cost of revenue | $26.10M | $44.90M | $37.48M | $42.75M | $41.56M | $45.50M | $47.04M | $51.99M | $62.98M | $69.25M | $97.71M | $136.71M | $161.49M | $223.57M | $264.67M | $332.30M | $461.30M | $605.25M | $841.15M | $1.12B |
| Gross profit | $41.62M | $55.83M | $55.37M | $61.51M | $45.37M | $44.53M | $67.71M | $85.84M | $101.55M | $128.65M | $170.54M | $207.09M | $258.58M | $307.29M | $416.33M | $531.09M | $728.64M | $955.45M | $1.24B | $1.66B |
| Gross margin | 61.5% | 55.4% | 59.6% | 59.0% | 52.2% | 49.5% | 59.0% | 62.3% | 61.7% | 65.0% | 63.6% | 60.2% | 61.6% | 57.9% | 61.1% | 61.5% | 61.2% | 61.2% | 59.6% | 59.7% |
| R&D | $2.70M | $4.42M | $12.92M | $20.00M | $11.41M | $9.99M | $8.14M | $9.89M | $14.88M | $23.61M | $30.61M | $55.37M | $76.86M | $100.72M | $123.19M | $194.03M | $233.81M | $303.72M | $441.59M | $684.31M |
| SG&A | $30.26M | $35.46M | $50.14M | $61.24M | $46.98M | $41.30M | $38.89M | $39.30M | $46.03M | $58.92M | $92.94M | $121.32M | $131.41M | $210.06M | $307.78M | $516.08M | $329.12M | $405.16M | $632.29M | $1.04B |
| Operating income | $10.79M | $20.37M | $5.23M | $-79174.00 | $-5.14M | $-3.46M | $20.49M | $29.37M | $32.51M | $35.34M | $32.15M | $13.02M | $26.84M | $-5.09M | $-14.15M | $-166.82M | $93.25M | $159.45M | $58.54M | $-62.08M |
| Operating margin | 15.9% | 20.2% | 5.6% | -0.1% | -5.9% | -3.8% | 17.9% | 21.3% | 19.8% | 17.9% | 12.0% | 3.8% | 6.4% | -1.0% | -2.1% | -19.3% | 7.8% | 10.2% | 2.8% | -2.2% |
| EBITDA | $-2.88M | $25.05M | $9.58M | $3.73M | $2.15M | $-1.53M | $29.13M | $33.16M | $36.82M | $38.65M | $35.16M | $23.80M | $38.72M | $13.43M | $6.28M | $-117.11M | $227.62M | $183.37M | $437.03M | $196.37M |
| EBITDA margin | -4.3% | 24.9% | 10.3% | 3.6% | 2.5% | -1.7% | 25.4% | 24.1% | 22.4% | 19.5% | 13.1% | 6.9% | 9.2% | 2.5% | 0.9% | -13.6% | 19.1% | 11.7% | 21.0% | 7.1% |
| EBIT | $-4.98M | $22.53M | $6.94M | $91373.00 | $-5.14M | $-9.63M | $22.61M | $28.03M | $32.51M | $35.36M | $31.50M | $15.76M | $28.10M | $2.07M | $-6.19M | $-141.38M | $196.52M | $164.06M | $388.60M | $113.21M |
| Interest expense | $7281.00 | $0.00 | $0.00 | $170547.00 | $25819.00 | $1.29M | $82842.00 | $86000.00 | $194000.00 | $26000.00 | $354000.00 | $2.74M | $3.26M | $8.46M | $100000.00 | $26.75M | $103.27M | $7.00M | $7.10M | $94.24M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-4.09M | $15.03M | $3.64M | $-1106.00 | $-4.38M | $-7.04M | $14.74M | $18.24M | $19.92M | $19.93M | $17.30M | $5.21M | $29.20M | $882000.00 | $-1.72M | $-60.02M | $147.14M | $175.78M | $377.03M | $124.91M |
| Net income growth (YoY) | — | +467.6% | -75.8% | -100.0% | -396322.7% | -60.6% | +309.3% | +23.8% | +9.2% | +0.1% | -13.2% | -69.9% | +460.9% | -97.0% | -295.5% | -3381.3% | +345.2% | +19.5% | +114.5% | -66.9% |
| Profit margin | -6.0% | 14.9% | 3.9% | -0.0% | -5.0% | -7.8% | 12.8% | 13.2% | 12.1% | 10.1% | 6.4% | 1.5% | 7.0% | 0.2% | -0.3% | -7.0% | 12.4% | 11.3% | 18.1% | 4.5% |