AXON · XBRL financial data

Axon Enterprise financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (AXON's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	414	430	461	504	544	575*	604	669	711	797*	807	904
Cost of goods and services sold	158	166	201	200	214	229*	238	265	283	335*	330	358
Gross profit	255	264	260	304	331	346*	366	404	427	461*	477	546
Research and development	77	84*	91	101	114	135*	151	163	177	194*	189	209
Selling, general and administrative	123	137	153	169	192	227*	224	242	253	317*	259	291
Total operating expenses	200	221	244	271	307	362*	375	405	429	511*	448	500
Operating income (loss)	55	43	16	33	24	(16)*	(9)	(1)	(2)	(50)*	29	47
Interest income	—	year only	12	12	13	7*	11	23	24	18*	11	7
Interest expense	—	year only	2	2	2	2*	8	29	29	29*	29	28
Other income (expense)	4	1*	139	8	45	95*	114	(32)	23	(5)*	189	7
Income tax expense (benefit)	10	(1)	33	10	13	(51)*	20	(75)	18	(69)*	31	3
Net income (loss)	59	57	133	41	67	135*	88	36	(2)	3*	169	29
Earnings per share, basic USD per share	0.79	0.76	1.77	0.54	0.89	1.77*	1.14	0.46	(0.03)	0.03*	2.11	0.37
Earnings per share, diluted USD per share	0.78	0.75	1.73	0.53	0.86	1.66*	1.08	0.44	(0.03)	0.03*	2.05	0.36
Weighted average shares, basic millions of shares	75	75*	75	76	76	76*	77	78	78	79*	80	81
Weighted average shares, diluted millions of shares	76	76*	77	78	78	81*	81	82	78	87*	82	83

Balance sheet

CSV

Fiscal quarters (AXON's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	406	599	404	566	695	455	1,093	615	1,424	1,201	459	598
Short-term investments	716	644	560	402	312	333	1,099	1,471	953	505	260	76
Inventory	260	270	271	278	272	265	280	308	318	342	408	487
Prepaid and other current assets	104	113	124	122	118	130	156	198	216	277	—	—
Total current assets	2,258	2,397	2,202	2,206	2,434	2,297	3,777	3,828	4,217	3,713	2,744	3,005
Property and equipment, net	187	201	209	215	236	247	260	271	283	331	336	342
Right-of-use asset	—	36	—	—	—	45	—	—	—	100	—	—
Goodwill	57	58	308	308	308	757	756	762	773	1,370	1,894	1,899
Total assets	3,254	3,437	3,616	3,742	4,006	4,475	6,083	6,215	6,657	7,000	7,067	7,481
Accounts payable	90	88	82	104	76	72	98	118	115	139	175	270
Accrued liabilities	147	188	127	142	210	279	267	266	293	511	312	424
Current portion of long-term debt	—	0	—	—	—	680	279	279	280	81	0	0
Total current liabilities	718	800	757	766	823	1,678	1,337	1,297	1,350	1,470	1,208	1,398
Long-term debt	—	677	—	—	—	0	1,728	1,729	1,729	1,730	1,731	1,732
Lease liability, non-current	35	34	33	42	41	41	40	44	90	99	97	102
Total liabilities	1,733	1,825	1,798	1,814	1,906	2,147	3,527	3,483	3,630	3,758	3,533	3,807
Retained earnings	374	431	564	605	677	812	900	936	934	937	1,106	1,135
Total stockholders' equity	1,521	1,612	1,818	1,929	2,100	2,328	2,556	2,732	3,028	3,243	3,534	3,675
Total liabilities and equity	3,254	3,437	3,616	3,742	4,006	4,475	6,083	6,215	6,657	7,000	7,067	7,481
Common shares outstanding (cover page) millions of shares	75	75	75	76	76	77	78	79	79	80	81	81

Cash flows

CSV

Fiscal quarters (AXON's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	59	57	133	41	67	135*	88	36	(2)	3*	169	29
Stock-based compensation	30	35*	75	75	102	131*	140	139	146	209*	135	144
Depreciation and amortization	8*	10*	12	13*	6*	18*	19	17*	20*	27*	30	32*
Net cash from operating activities	63*	140*	(16)	83*	91*	250*	26	(92)*	60*	217*	(32)	20*
Purchases of property and equipment	14*	24*	16	11*	26*	25*	25	23*	27*	62*	23	21*
Net cash from investing activities	(122)*	53*	(174)	82*	43*	(442)*	(702)	(387)*	590*	(226)*	(617)	151*
Net cash from financing activities	(7)*	(4)*	(3)	(2)*	(8)*	(33)*	1,313	(4)*	159*	(216)*	(92)	(30)*
Net change in cash	(68)*	193*	(195)	163*	129*	(231)*	638	(477)*	809*	(223)*	(742)	138*

Compare with peers

SIC 3480 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3480 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3480) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Axon Enterprise	598	904	20*	81.2M	—	Q2 FY26 10-QJun 30, 2026
Sturm Rugeradded: same SIC	31	158	17*	16.0M	—	Q2 FY26 10-QJun 27, 2026
National Presto Industriesadded: same SIC	16	147	13*	7.1M	—	Q2 FY26 10-QJul 5, 2026
Smith & Wesson Brandsadded: same SIC	19	113	(8.8)	44.8M	0.9 quarters	Q1 FY26 10-QJul 31, 2026
Wrap Technologiesadded: same SIC	4.8	2.1	(2.4)*	56.0M	2.0 quarters	Q2 FY26 10-QJun 30, 2026
First Breachadded: same SIC	4.9	0.1	not reported	55.8M	—	Q2 FY26 10-QJun 30, 2026
Alternative Ballisticsadded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.