Axon Enterprise Income Statement

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
Revenue	2,780	2,083	1,561	1,187	863.38
Revenue Growth (YoY)	33.47%	33.43%	31.47%	37.50%	26.78%
Cost of Revenue	1,121	841.15	605.25	461.03	322.47
Gross Profit	1,658	1,241	955.45	726.11	540.91
Selling, General & Admin	1,036	741.25	494.88	399.33	515.01
Research & Development	684.31	441.59	303.72	233.81	194.03
Total Operating Expenses	1,720	1,183	798.6	633.14	709.03
Operating Income	-62.08	58.54	156.85	92.97	-168.12
Interest Income	75.43	36.6	42.11	4.29	1.48
Interest Expense	-94.24	-	-	-	-
Other Non-Operating Income (Expense)	99.86	286.37	-41.9	98.97	25.27
Total Non-Operating Income (Expense)	81.05	322.96	0.21	103.27	26.75
Pretax Income	18.97	381.5	157.06	196.24	-141.38
Provision for Income Taxes	-105.68	4.47	-18.72	49.31	-81.36
Net Income	124.66	377.03	175.78	146.93	-60.02
Net Income to Common	124.66	377.03	175.78	146.93	-60.02
Net Income Growth	-66.94%	114.49%	19.64%	-	-
Shares Outstanding (Basic)	78	76	74	71	66
Shares Outstanding (Diluted)	82	79	75	73	66
Shares Change (YoY)	4.85%	4.11%	4.03%	9.58%	7.14%
EPS (Basic)	1.60	4.98	2.37	2.07	-0.91
EPS (Diluted)	1.51	4.80	2.33	2.03	-0.91
EPS Growth	-68.54%	106.01%	14.78%	-	-
Free Cash Flow	75.08	329.53	129.63	179.56	75.64
Free Cash Flow Growth	-77.22%	154.21%	-27.81%	137.40%	-
Free Cash Flow Per Share	0.91	4.19	1.72	2.48	1.14
Gross Margin	59.65%	59.61%	61.22%	61.16%	62.65%
Operating Margin	-2.23%	2.81%	10.05%	7.83%	-19.47%
Profit Margin	4.48%	18.10%	11.26%	12.38%	-6.95%
FCF Margin	2.70%	15.82%	8.31%	15.13%	8.76%
EBITDA	21.09	106.97	176.17	116.09	-147.4
EBITDA Margin	0.76%	5.14%	11.29%	9.78%	-17.07%
EBIT	-62.08	58.54	156.85	92.97	-168.12
EBIT Margin	-2.23%	2.81%	10.05%	7.83%	-19.47%
Effective Tax Rate	-556.98%	1.17%	-11.92%	25.13%	57.55%

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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