Axon Enterprise, Inc. (AXON)

Axon Enterprise Balance Sheet

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

Fiscal Quarter	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020
Cash & Equivalents	1,424	615.5	1,093	454.84	695.14	566.45	403.87	598.55	406.04	474.2	263.41	353.68	147.71	212.82	386.37	356.33	281.69	266.37	154.82	155.44
Short-Term Investments	1,021	1,615	1,274	531.51	463.13	510.02	659.91	721.99	784.54	659.74	829.94	621.01	229.91	164.41	77.62	86.69	299.9	388.9	440.84	406.53
Cash & Short-Term Investments	2,445	2,231	2,367	986.35	1,158	1,076	1,064	1,321	1,191	1,134	1,093	974.69	377.62	377.23	463.99	443.02	581.59	655.27	595.66	561.97
Cash Growth	111.08%	107.23%	122.51%	-25.31%	-2.71%	-5.07%	-2.71%	35.48%	215.29%	200.60%	135.64%	120.01%	-35.07%	-42.43%	-22.11%	-21.17%	14.73%	17.59%	72.55%	60.20%
Receivables	1,238	1,091	974.08	915.5	885.59	729.48	742.94	700.19	703.35	627.37	596.76	555.09	586.98	576.43	492.77	501.24	396.24	288.47	257.85	293.15
Inventory	317.51	308.49	279.67	265.32	272.3	277.75	271.32	269.86	260.12	249.77	220.27	202.47	173.05	154.3	122.15	108.69	93.28	91.74	89.66	89.96
Prepaid Expenses	204.25	185.84	144.1	59.49	115.39	119.93	121.68	56.83	101.89	99.67	140.52	43.62	66.45	60.04	67	36.53	52.66	45.41	43.02	23.52
Restricted Cash	12.2	11.9	11.7	11.8	2.2	2.1	2	-	1.9	1.9	1.8	-	1.6	1.8	0.2	0.05	0.05	0.05	0.05	0.05
Other Current Assets	-	-	-	59.03	-	-	-	46.22	-	-	-	29.41	-	-	-	19.96	-	-	-	13.32
Total Current Assets	4,217	3,828	3,777	2,297	2,434	2,206	2,202	2,394	2,258	2,113	2,053	1,805	1,206	1,170	1,146	1,109	1,124	1,081	986.23	981.95
Property, Plant & Equipment	283.21	271.24	259.87	291.89	235.88	215.32	209.17	236.69	186.96	179.1	172.67	208.21	164.16	154.74	172.75	161.73	153.54	146.82	135.29	127.8
Long-Term Investments	368.73	391.9	413.69	328.18	387.91	363.13	295.5	213	240.3	249.12	327.68	435.54	318.87	306.62	172.18	114.75	107.95	107.19	110.18	102.39
Goodwill	773.39	762.25	755.88	756.84	308.47	307.76	308.47	57.95	57.34	57.74	44.98	44.98	44.82	45	43.61	43.59	25.57	25.18	25.19	25.21
Other Intangible Assets	159.05	162.59	168.83	175.16	81.75	85.57	89.42	19.54	20.32	21.84	11.27	12.16	13.04	13.93	14.4	15.47	7.43	7.87	8.64	9.45
Long-Term Accounts Receivable	163.96	161.91	133.55	119.88	119.97	107.22	88.21	84.38	78.66	75.2	54.89	45.17	48.39	28.24	29.62	29.75	43.39	31.69	26.34	20.1
Long-Term Deferred Tax Assets	344.8	357.42	335.74	304.28	244.32	226.8	208.86	227.78	213.83	198.58	171.12	156.87	96.36	100.55	108.84	127.19	104.17	52.39	46.4	45.77
Long-Term Deferred Charges	-	-	-	156.2	-	-	-	121.26	-	-	-	96.26	-	-	58.81	57.94	45.66	36.49	32.34	32.46
Other Long-Term Assets	344.61	277.97	235.68	41.22	190.72	227.78	212.47	52.35	194.54	177.9	168.17	42.22	110.64	104.16	15.95	17.03	21.23	20.87	15.7	13.44
Total Assets	6,657	6,215	6,083	4,475	4,006	3,742	3,616	3,409	3,254	3,077	3,008	2,852	2,010	1,932	1,772	1,688	1,645	1,527	1,405	1,381
Accounts Payable	115	118.11	97.67	71.96	75.59	104.08	82.08	65.85	90.04	72.99	65.99	59.92	50.19	60.69	49.35	32.22	27.42	7.78	19.79	24.14
Accrued Expenses	238.92	242.25	173.64	243.05	174.55	123.28	98.74	180.39	140.29	108.9	109.82	141.56	107.9	92.93	64.32	97.15	83.07	62.23	37.67	55.23
Current Portion of Long-Term Debt	279.56	279.25	278.92	680.29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Portion of Leases	-	-	-	9.45	10.7	11.5	9.6	7.94	9.49	7.36	7.51	6.36	6.8	6.79	6.86	6.54	6.81	6.4	5.67	5.43
Current Income Taxes Payable	21.81	12.7	82.6	27.86	27.91	12.82	22.39	5.78	3.36	5.83	7.49	13.56	3.87	6.42	3.62	3.74	4.46	3.78	2.48	3.85
Current Unearned Revenue	654.13	622.83	682.76	633.58	527.24	508.92	538.38	492.35	471.36	426.73	422.02	380.44	261.76	264.52	345.04	276.05	256.77	191.78	173.22	166.92
Other Current Liabilities	40.31	21.93	21.03	11.69	7.23	5.52	6.29	9.22	3.29	3.44	3.3	0.81	1	1.63	1.5	2.82	1.36	0.9	0.94	0.77
Total Current Liabilities	1,350	1,297	1,337	1,678	823.23	766.11	757.47	761.54	717.83	625.24	616.13	602.65	431.52	432.97	470.68	418.52	379.89	272.87	239.78	256.33
Long-Term Debt	1,729	1,729	1,728	-	679.48	678.68	677.9	677.11	676.32	675.52	674.72	673.97	-	-	-	-	-	-	-	-
Long-Term Leases	90.21	43.64	40.02	41.38	41.22	41.71	32.55	33.55	35.33	33.99	35.05	37.14	16.31	18.21	20.11	20.44	-	-	-	18.95
Long-Term Unearned Revenue	364.52	329.05	348.61	360.69	305.41	291.42	293.88	270.9	270.08	265.46	250.37	248	313.82	269.48	140.94	185.72	111.89	113.82	116.11	111.22
Long-Term Deferred Tax Liabilities	-	-	-	2.37	-	-	-	-	2.47	2.78	-	0	0	0	0.35	0.81	0.16	0.38	0.68	0.65
Other Long-Term Liabilities	95.79	84.53	74.26	64.61	56.48	35.61	36.39	50.31	31.05	29.42	28.69	21.64	17.46	17.71	15.59	14.87	39.55	42.13	37.39	17.61
Total Liabilities	3,630	3,483	3,527	2,147	1,906	1,814	1,798	1,793	1,733	1,632	1,605	1,583	779.12	738.37	647.67	640.36	531.48	429.19	393.95	404.77
Common Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid-In Capital	2,262	1,965	1,830	1,690	1,588	1,494	1,421	1,347	1,316	1,293	1,262	1,175	1,167	1,139	1,119	1,095	1,147	1,179	1,045	962.16
Retained Earnings	933.93	936.11	899.99	812.01	676.83	605.26	564.47	434.98	373.98	314.58	302.16	257.02	227.85	215.72	164.75	109.88	123.39	74.87	121.98	169.9
Treasury Stock	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95
Comprehensive Income & Other	-12.53	-12.72	-17.95	-18.18	-9.12	-14.19	-11.59	-10.68	-12.87	-6.73	-5.32	-7.18	-7.81	-5.21	-2.88	-1.32	-1.02	-0.23	0.14	0.14
Shareholders' Equity	3,028	2,732	2,556	2,328	2,100	1,929	1,818	1,616	1,521	1,445	1,403	1,268	1,231	1,194	1,125	1,048	1,114	1,098	1,011	976.26
Total Liabilities & Equity	6,657	6,215	6,083	4,475	4,006	3,742	3,616	3,409	3,254	3,077	3,008	2,852	2,010	1,932	1,772	1,688	1,645	1,527	1,405	1,381
Total Debt	2,099	2,051	2,047	731.13	731.41	731.89	720.04	718.6	721.14	716.86	717.28	717.47	23.11	25	26.97	26.98	6.81	6.4	5.67	24.38
Net Cash (Debt)	345.7	179.34	320.31	255.22	426.86	344.59	343.73	601.94	469.44	417.08	376.07	257.23	354.51	352.23	437.02	416.04	574.78	648.86	590	537.58
Net Cash Growth	-19.01%	-47.95%	-6.82%	-57.60%	-9.07%	-17.38%	-8.60%	134.01%	32.42%	18.41%	-13.95%	-38.17%	-38.32%	-45.72%	-25.93%	-22.61%	14.55%	17.47%	72.86%	58.05%
Net Cash Per Share	4.41	2.19	3.93	3.15	5.47	4.44	4.46	7.90	6.18	5.50	5.09	3.52	4.89	4.87	6.04	6.00	7.93	9.96	9.21	8.22
Filing Date Shares Outstanding	78.91	78.5	77.85	76.62	76.25	75.57	75.47	75.3	74.93	74.76	73.89	72.86	71.17	71.08	71.01	70.93	68.47	65.68	64.68	63.78
Total Common Shares Outstanding	78.89	78.5	77.85	76.62	76.08	75.57	75.47	75.3	74.93	74.76	73.87	71.47	71.15	71.08	71	70.9	67.58	65.67	64.67	63.77
Working Capital	2,867	2,531	2,440	619.61	1,611	1,440	1,444	1,632	1,540	1,487	1,437	1,203	774.18	736.82	675.44	690.97	743.93	808.06	746.45	725.62
Book Value Per Share	38.38	34.81	32.83	30.38	27.60	25.52	24.09	21.46	20.30	19.33	18.99	17.75	17.31	16.79	15.84	14.78	16.48	16.71	15.63	15.31
Tangible Book Value	2,095	1,808	1,631	1,396	1,710	1,536	1,420	1,538	1,443	1,365	1,347	1,211	1,173	1,135	1,067	988.79	1,081	1,065	977.07	941.6
Tangible Book Value Per Share	26.56	23.03	20.95	18.22	22.47	20.32	18.82	20.43	19.26	18.26	18.23	16.95	16.49	15.96	15.03	13.95	15.99	16.21	15.11	14.77
Land	-	-	-	51.61	-	-	-	51.61	-	-	-	51.61	51.61	51.61	54.87	54.87	54.87	-	-	57.05
Buildings	-	-	-	52.07	-	-	-	32.09	-	-	-	25.87	26.86	26.75	26.46	25.71	25.03	-	-	20.91
Machinery	-	-	-	201.55	-	-	-	151.86	-	-	-	93.77	90.97	87.25	81.99	79.2	67.61	-	-	57.36
Construction In Progress	-	-	-	62.18	-	-	-	55.4	-	-	-	62.28	53.26	42.9	37.67	25.26	24.04	-	-	13.48

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q