# Axon Enterprise, Inc. (AXON)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $36.37B  
**Price:** $441.52 (-1.36%)

> Axon Enterprise, Inc. is a public safety technology company that develops and provides integrated hardware and cloud-based software solutions for law enforcement, justice, and related sectors worldwide. The company focuses on building a comprehensive public safety operating system that connects devices, data, and workflows for first responders and public safety agencies. Its offerings span conducted energy devices under the TASER brand, body-worn cameras, in-car and fixed cameras, drones, robotic security solutions, and virtual reality training hardware. On the software side, Axon Enterprise delivers software-as-a-service platforms such as Axon Evidence, Axon Records, and other applications that enable secure capture, storage, management, sharing, and analysis of video and digital evidence. The company serves a broad customer base including federal, state, local, and international government agencies, as well as commercial enterprises and individual consumers, primarily through direct sales and channel partners. Founded in 1993 and headquartered in Scottsdale, Arizona, Axon Enterprise plays a significant role in the digital transformation of modern public safety operations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.78B | $1.66B | -$62M | $125M | — |
| 2024 | $2.08B | $1.24B | $59M | $377M | — |
| 2023 | $1.56B | $955M | $157M | $176M | — |
| 2022 | $1.19B | $726M | $93M | $147M | — |
| 2021 | $863M | $541M | -$168M | -$60M | — |
| 2020 | $681M | $416M | -$14M | -$2M | — |
| 2019 | $531M | $307M | -$6M | $882,000 | — |
| 2018 | $420M | $259M | $25M | $29M | — |
| 2017 | $344M | $207M | $13M | $5M | — |
| 2016 | $268M | $171M | $32M | $17M | — |
| 2015 | $198M | $129M | $35M | $20M | — |
| 2014 | $165M | $102M | $33M | $20M | — |
| 2013 | $138M | $86M | $28M | $18M | — |
| 2012 | $115M | $68M | $23M | $15M | — |
| 2011 | $90M | $45M | -$11M | -$7M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $7.00B | $3.76B | $3.24B | $1.20B | $1.81B |
| 2024 | $4.47B | $2.15B | $2.33B | $455M | $680M |
| 2023 | $3.41B | $1.79B | $1.62B | $599M | $677M |
| 2022 | $2.85B | $1.58B | $1.27B | $354M | — |
| 2021 | $1.69B | $640M | $1.05B | $356M | — |
| 2020 | $1.38B | $405M | $976M | $155M | — |
| 2019 | $846M | $302M | $543M | $172M | — |
| 2018 | $720M | $252M | $467M | $349M | — |
| 2017 | $338M | $171M | $167M | $75M | — |
| 2016 | $278M | $127M | $151M | $41M | — |
| 2015 | $230M | $73M | $157M | $60M | — |
| 2014 | $185M | $56M | $129M | $48M | — |
| 2013 | $148M | $40M | $108M | $42M | — |
| 2012 | $116M | $29M | $87M | $36M | — |
| 2011 | $105M | $23M | $82M | $21M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $211M | $136M | $75M |
| 2024 | $408M | $79M | $330M |
| 2023 | $189M | $60M | $130M |
| 2022 | $235M | $56M | $180M |
| 2021 | $124M | $50M | $75M |
| 2020 | $38M | $73M | -$34M |
| 2019 | $66M | $16M | $50M |
| 2018 | $64M | $11M | $53M |
| 2017 | $18M | $10M | $8M |
| 2016 | $21M | $5M | $16M |
| 2015 | $46M | $6M | $40M |
| 2014 | $35M | $3M | $33M |
| 2013 | $32M | $2M | $31M |
| 2012 | $27M | $1M | $25M |
| 2011 | $17M | $2M | $15M |

Source: [CompaniesByCap](https://companiesbycap.com/company/AXON)