Rankings
▼
Calendar
AXON (Axon Enterprise, Inc.) Stock Financials & Earnings | Market Cap Arena
AXON
Axon Enterprise, Inc.
Mkt Cap
$43B
Industrials
·
Aerospace & Defense
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$2.8B
Net Income (TTM)
$125M
EPS (TTM)
$1.52
Free Cash Flow (TTM)
$75M
Gross Margin
59.7%
Op. Margin
0.0%
Net Margin
4.5%
FCF Margin
2.7%
P/S Ratio (TTM)
15.5x
P/E Ratio (TTM)
344.3x
YoY Rev Growth
+33.5%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$343M
$204M
$17M
Q2 23
$375M
$232M
$40M
Q3 23
$413M
$257M
$57M
Q4 23
$430M
$264M
$43M
Q1 24
$460M
$259M
$16M
Q2 24
$503M
$306M
$34M
Q3 24
$544M
$331M
$24M
Q4 24
$575M
$346M
-$16M
Q1 25
$604M
$366M
-$8M
Q2 25
$669M
$404M
$1M
Q3 25
$711M
$427M
-$2M
Q4 25
$797M
$461M
$10M
marketcaparena.com
Revenue Breakdown
AXON
Axon Enterprise, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
33.7x
313.0x
Q2 23
31.5x
435.0x
Q3 23
29.3x
290.5x
Q4 23
27.5x
244.4x
Q1 24
25.6x
162.8x
Q2 24
23.8x
146.7x
Q3 24
22.2x
143.9x
Q4 24
20.7x
114.1x
Q1 25
19.3x
129.7x
Q2 25
18.0x
131.8x
Q3 25
16.8x
167.3x
Q4 25
15.5x
344.3x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$56M
-$65M
Q2 23
$43M
$29M
Q3 23
$63M
$49M
Q4 23
$140M
$116M
Q1 24
-$16M
-$32M
Q2 24
$83M
$71M
Q3 24
$91M
$65M
Q4 24
$250M
$225M
Q1 25
$26M
$932K
Q2 25
-$92M
-$115M
Q3 25
$60M
$33M
Q4 25
$217M
$155M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$9M
Q2 23
$13M
Q3 23
$14M
Q4 23
$24M
Q1 24
$16M
Q2 24
$11M
Q3 24
$26M
Q4 24
$25M
Q1 25
$25M
Q2 25
$23M
Q3 25
$27M
Q4 25
$62M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+33.8%
+36.5%
Q2 23
+31.2%
+26.5%
Q3 23
+32.6%
+27.3%
Q4 23
+28.0%
+23.6%
Q1 24
+34.1%
+35.8%
Q2 24
+34.3%
+40.4%
Q3 24
+31.7%
+46.1%
Q4 24
+33.6%
+52.4%
Q1 25
+31.3%
+37.9%
Q2 25
+32.8%
+42.2%
Q3 25
+30.6%
+37.1%
Q4 25
+38.5%
+33.2%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$34M
10.0%
Q2 23
$32M
8.5%
Q3 23
$30M
7.3%
Q4 23
$35M
8.2%
Q1 24
$75M
16.3%
Q2 24
$75M
14.9%
Q3 24
$102M
18.7%
Q4 24
$131M
22.8%
Q1 25
$140M
23.2%
Q2 25
$139M
20.8%
Q3 25
$146M
20.6%
Q4 25
$209M
26.2%
marketcaparena.com
OpEx Breakdown
R&D
SG&A
Quarter
R&D
SG&A
Q1 23
$71M
$117M
Q2 23
$72M
$120M
Q3 23
$77M
$122M
Q4 23
$84M
$137M
Q1 24
$91M
$151M
Q2 24
$101M
$171M
Q3 24
$114M
$192M
Q4 24
$135M
$227M
Q1 25
$151M
$223M
Q2 25
$163M
$240M
Q3 25
$177M
$253M
Q4 25
$134M
$317M
marketcaparena.com
Revenue Segments
Software and Sensors
Taser
Software and Sensors Segment
Taser Weapons Segment
Quarter
Software and Sensors
Taser
Software and Sensors Segment
Taser Weapons Segment
Q1 23
$209M
$134M
—
—
Q2 23
$220M
$154M
—
—
Q3 23
—
—
$251M
$163M
Q1 24
—
—
$282M
$179M
Q2 24
—
—
$307M
$197M
Q3 24
—
—
$323M
$222M
Q1 25
—
—
$263M
$341M
Q2 25
—
—
$292M
$376M
marketcaparena.com
Revenue by Geography
Other countries
United States
Non-US
Quarter
Other countries
United States
Non-US
Q1 23
$52M
$291M
—
Q2 23
$53M
$322M
—
Q3 23
$72M
$342M
—
Q4 23
$49M
$383M
—
Q1 24
—
$392M
$68M
Q2 24
—
$426M
$79M
Q3 24
—
$483M
$62M
Q4 24
—
$475M
$99M
Q1 25
—
$529M
$74M
Q2 25
—
$537M
$131M
Q3 25
—
$594M
$117M
Q4 25
—
$644M
$152M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$263M
$830M
$1.1B
Q2 23
$474M
$660M
$1.1B
Q3 23
$406M
$785M
$1.2B
Q4 23
$599M
$722M
$1.3B
Q1 24
$404M
$660M
$1.1B
Q2 24
$566M
$510M
$1.1B
Q3 24
$695M
$463M
$1.2B
Q4 24
$455M
$532M
$986M
Q1 25
$1.1B
$1.3B
$2.4B
Q2 25
$615M
$1.6B
$2.2B
Q3 25
$1.4B
$953M
$2.4B
Q4 25
$1.2B
$505M
$1.7B
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
74M
+1.2%
Q2 23
76M
+2.6%
Q3 23
76M
+0.2%
Q4 23
76M
+0.3%
Q1 24
77M
+1.3%
Q2 24
78M
+0.5%
Q3 24
78M
+0.7%
Q4 24
81M
+3.9%
Q1 25
81M
+0.5%
Q2 25
82M
+0.7%
Q3 25
78M
-4.4%
Q4 25
100M
+27.5%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$386K
426
FY 15
$360K
549
FY 16
$384K
699
FY 17
$362K
949
FY 18
$364K
1K
FY 19
$401K
1K
FY 20
$398K
2K
FY 21
$402K
2K
FY 22
$422K
3K
FY 23
$469K
3K
FY 24
$508K
4K
FY 25
$545K
5K
marketcaparena.com