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	178.49	59.37	56.83	43.62	36.53
Restricted Cash	12.25	11.92	-	-	0.05
Other Current Assets	86.61	59.03	46.22	29.41	19.96
Total Current Assets	3,713	2,297	2,394	1,805	1,109
Property, Plant & Equipment	430.49	291.89	236.69	208.21	161.73
Long-Term Investments	416.83	332.55	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	245.9	154.89	121.26	96.26	57.94
Other Long-Term Assets	82.76	38.16	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	472.34	243.05	180.39	141.56	97.15
Current Portion of Long-Term Debt	80.55	680.29	-	-	-
Current Portion of Leases	6.99	9.45	7.94	6.36	6.54
Current Income Taxes Payable	27.34	27.86	5.78	13.56	3.74
Current Unearned Revenue	730.86	633.58	492.35	380.44	276.05
Other Current Liabilities	12.98	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	1.64	2.37	-	0	0.81
Other Long-Term Liabilities	96.85	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	1,917	731.13	718.6	717.47	26.98
Net Cash (Debt)	-182.88	255.22	601.94	257.23	416.04
Net Cash Growth	-	-57.60%	134.01%	-38.17%	-22.61%
Net Cash Per Share	-2.22	3.25	7.98	3.55	6.29
Filing Date Shares Outstanding	80.21	76.62	75.3	72.86	70.93
Total Common Shares Outstanding	80.21	76.62	75.3	71.47	70.9
Working Capital	2,243	619.61	1,632	1,203	690.97
Book Value Per Share	40.43	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	20.89	18.22	20.43	16.95	13.95
Land	51.61	51.61	51.61	51.61	54.87
Buildings	62.37	52.07	32.09	25.87	25.71
Machinery	283.9	201.55	151.86	93.77	79.2
Construction In Progress	97.57	62.18	55.4	62.28	25.26

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q