Axon Enterprise Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,424	454.84	598.55	353.68	356.33	155.44
Short-Term Investments	1,021	531.51	721.99	621.01	86.69	406.53
Cash & Short-Term Investments	2,445	986.35	1,321	974.69	443.02	561.97
Cash Growth	111.08%	-25.31%	35.48%	120.01%	-21.17%	60.20%
Receivables	1,238	915.5	700.19	555.09	501.24	293.15
Inventory	317.51	265.32	269.86	202.47	108.69	89.96
Prepaid Expenses	204.25	59.49	56.83	43.62	36.53	23.52
Restricted Cash	12.2	11.8	-	-	0.05	0.05
Other Current Assets	-	59.03	46.22	29.41	19.96	13.32
Total Current Assets	4,217	2,297	2,394	1,805	1,109	981.95
Property, Plant & Equipment	283.21	291.89	236.69	208.21	161.73	127.8
Long-Term Investments	368.73	328.18	213	435.54	114.75	102.39
Goodwill	773.39	756.84	57.95	44.98	43.59	25.21
Other Intangible Assets	159.05	175.16	19.54	12.16	15.47	9.45
Long-Term Accounts Receivable	163.96	119.88	84.38	45.17	29.75	20.1
Long-Term Deferred Tax Assets	344.8	304.28	227.78	156.87	127.19	45.77
Long-Term Deferred Charges	-	156.2	121.26	96.26	57.94	32.46
Other Long-Term Assets	344.61	41.22	52.35	42.22	17.03	13.44
Total Assets	6,657	4,475	3,409	2,852	1,688	1,381
Accounts Payable	115	71.96	65.85	59.92	32.22	24.14
Accrued Expenses	238.92	243.05	180.39	141.56	97.15	55.23
Current Portion of Long-Term Debt	279.56	680.29	-	-	-	-
Current Portion of Leases	-	9.45	7.94	6.36	6.54	5.43
Current Income Taxes Payable	21.81	27.86	5.78	13.56	3.74	3.85
Current Unearned Revenue	654.13	633.58	492.35	380.44	276.05	166.92
Other Current Liabilities	40.31	11.69	9.22	0.81	2.82	0.77
Total Current Liabilities	1,350	1,678	761.54	602.65	418.52	256.33
Long-Term Debt	1,729	-	677.11	673.97	-	-
Long-Term Leases	90.21	41.38	33.55	37.14	20.44	18.95
Long-Term Unearned Revenue	364.52	360.69	270.9	248	185.72	111.22
Long-Term Deferred Tax Liabilities	-	2.37	-	0	0.81	0.65
Other Long-Term Liabilities	95.79	64.61	50.31	21.64	14.87	17.61
Total Liabilities	3,630	2,147	1,793	1,583	640.36	404.77
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	2,262	1,690	1,347	1,175	1,095	962.16
Retained Earnings	933.93	812.01	434.98	257.02	109.88	169.9
Treasury Stock	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95
Comprehensive Income & Other	-12.53	-18.18	-10.68	-7.18	-1.32	0.14
Shareholders' Equity	3,028	2,328	1,616	1,268	1,048	976.26
Total Liabilities & Equity	6,657	4,475	3,409	2,852	1,688	1,381
Total Debt	2,099	731.13	718.6	717.47	26.98	24.38
Net Cash (Debt)	345.7	255.22	601.94	257.23	416.04	537.58
Net Cash Growth	-19.01%	-57.60%	134.01%	-38.17%	-22.61%	58.05%
Net Cash Per Share	4.22	3.25	7.98	3.55	6.29	8.70
Filing Date Shares Outstanding	78.91	76.62	75.3	72.86	70.93	63.78
Total Common Shares Outstanding	78.89	76.62	75.3	71.47	70.9	63.77
Working Capital	2,867	619.61	1,632	1,203	690.97	725.62
Book Value Per Share	38.38	30.38	21.46	17.75	14.78	15.31
Tangible Book Value	2,095	1,396	1,538	1,211	988.79	941.6
Tangible Book Value Per Share	26.56	18.22	20.43	16.95	13.95	14.77
Land	-	51.61	51.61	51.61	54.87	57.05
Buildings	-	52.07	32.09	25.87	25.71	20.91
Machinery	-	201.55	151.86	93.77	79.2	57.36
Construction In Progress	-	62.18	55.4	62.28	25.26	13.48

Source: S&P Global Market Intelligence. Standard template. Financial Sources.