Axon Enterprise Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,201	454.84	598.55	353.68	356.33
Short-Term Investments	532.63	531.51	721.99	621.01	86.69
Cash & Short-Term Investments	1,734	986.35	1,321	974.69	443.02
Cash Growth	75.78%	-25.31%	35.48%	120.01%	-21.17%
Accounts Receivable	777.49	547.57	412.96	358.19	320.82
Other Receivables	582.63	367.93	287.23	196.9	180.42
Total Trade Receivables	1,360	915.5	700.19	555.09	501.24
Inventory	341.81	265.32	269.86	202.47	108.69
Other Current Assets	277.35	130.32	103.06	73.02	56.54
Total Current Assets	3,713	2,297	2,394	1,805	1,109
Net Property, Plant & Equipment	330.98	247.32	200.53	169.84	138.46
Other Intangible Assets	196.97	175.16	19.54	12.16	15.47
Goodwill	1,370	756.84	57.95	44.98	43.59
Long-Term Investments	601.15	455.89	318.7	503.15	155.76
Other Long-Term Assets	787.97	541.9	418.82	316.48	225.44
Total Assets	7,000	4,475	3,409	2,852	1,688
Accounts Payable	139.09	71.96	65.85	59.92	32.22
Accrued Expenses	510.54	279.19	193.55	155.93	103.71
Current Portion of Long-Term Debt	80.55	680.29	-	-	-
Unearned Revenue	730.86	633.58	492.35	380.44	276.05
Other Current Liabilities	9.11	12.86	9.79	6.36	6.54
Total Current Liabilities	1,470	1,678	761.54	602.65	418.52
Long-Term Debt	1,730	-	677.11	673.97	-
Long-Term Leases	98.94	41.38	33.55	37.14	20.44
Other Long-Term Liabilities	458.4	427.67	321.21	269.65	201.4
Total Long-Term Liabilities	2,288	469.05	1,032	980.76	221.84
Total Liabilities	3,758	2,147	1,793	1,583	640.36
Common Stock	0	0	0	0	0
Treasury Stock	-157.24	-155.95	-155.95	-155.95	-155.95
Additional Paid-in Capital	2,475	1,690	1,347	1,175	1,095
Accumulated Other Comprehensive Income	-11.81	-18.18	-10.68	-7.18	-1.32
Retained Earnings	936.67	812.01	434.98	257.02	109.88
Shareholders' Equity	3,243	2,328	1,616	1,268	1,048
Total Liabilities & Equity	7,000	4,475	3,409	2,852	1,688
Total Debt	1,910	721.67	710.66	711.11	20.44
Net Cash (Debt)	-175.89	264.68	609.88	263.58	422.58
Net Cash Growth	-	-56.60%	131.38%	-37.63%	-24.80%
Net Cash Per Share	-2.13	3.37	8.08	3.63	6.38
Book Value	3,243	2,328	1,616	1,268	1,048
Book Value Per Share	39.37	29.63	21.41	17.49	15.83
Tangible Book Value	1,675	1,396	1,538	1,211	988.79
Tangible Book Value Per Share	20.34	17.77	20.39	16.70	14.94

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.