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%
Receivables	1,360	915.5	700.19	555.09	501.24
Inventory	341.81	265.32	269.86	202.47	108.69
Prepaid Expenses	277.35	59.49	56.83	43.62	36.53
Restricted Cash	-	11.8	-	-	0.05
Other Current Assets	-	59.03	46.22	29.41	19.96
Total Current Assets	3,713	2,297	2,394	1,805	1,109
Property, Plant & Equipment	330.98	291.89	236.69	208.21	161.73
Long-Term Investments	416.83	328.18	213	435.54	114.75
Goodwill	1,370	756.84	57.95	44.98	43.59
Other Intangible Assets	196.97	175.16	19.54	12.16	15.47
Long-Term Accounts Receivable	178.25	119.88	84.38	45.17	29.75
Long-Term Deferred Tax Assets	359.8	304.28	227.78	156.87	127.19
Long-Term Deferred Charges	-	156.2	121.26	96.26	57.94
Other Long-Term Assets	428.17	41.22	52.35	42.22	17.03
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	243.05	180.39	141.56	97.15
Current Portion of Long-Term Debt	80.55	680.29	-	-	-
Current Portion of Leases	-	9.45	7.94	6.36	6.54
Current Income Taxes Payable	-	27.86	5.78	13.56	3.74
Current Unearned Revenue	730.86	633.58	492.35	380.44	276.05
Other Current Liabilities	9.11	11.69	9.22	0.81	2.82
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
Long-Term Unearned Revenue	359.9	360.69	270.9	248	185.72
Long-Term Deferred Tax Liabilities	-	2.37	-	0	0.81
Other Long-Term Liabilities	98.49	64.61	50.31	21.64	14.87
Total Liabilities	3,758	2,147	1,793	1,583	640.36
Common Stock	0	0	0	0	0
Additional Paid-In Capital	2,475	1,690	1,347	1,175	1,095
Retained Earnings	936.67	812.01	434.98	257.02	109.88
Treasury Stock	-157.24	-155.95	-155.95	-155.95	-155.95
Comprehensive Income & Other	-11.81	-18.18	-10.68	-7.18	-1.32
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	731.13	718.6	717.47	26.98
Net Cash (Debt)	-175.89	255.22	601.94	257.23	416.04
Net Cash Growth	-	-57.60%	134.01%	-38.17%	-22.61%
Net Cash Per Share	-2.14	3.25	7.98	3.55	6.29
Filing Date Shares Outstanding	78.99	76.62	75.3	72.86	70.93
Total Common Shares Outstanding	78.99	76.62	75.3	71.47	70.9
Working Capital	2,243	619.61	1,632	1,203	690.97
Book Value Per Share	41.05	30.38	21.46	17.75	14.78
Tangible Book Value	1,675	1,396	1,538	1,211	988.79
Tangible Book Value Per Share	21.21	18.22	20.43	16.95	13.95
Land	-	51.61	51.61	51.61	54.87
Buildings	-	52.07	32.09	25.87	25.71
Machinery	-	201.55	151.86	93.77	79.2
Construction In Progress	-	62.18	55.4	62.28	25.26

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