AXONAxon Enterprise, Inc.

$43B

Q2 2025 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$669M+32.8% YoY

Gross Profit

$404M60.4% margin

Operating Income

$1M0.2% margin

Net Income

$36M5.4% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

-$92M

Free Cash Flow

-$115M

Stock-Based Comp.

$139M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$3.5B

Stockholders' Equity

$2.7B

Cash & Equivalents

$615M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$669M	$503M	+32.8%
Gross Profit	$404M	$306M	+31.9%
Operating Income	$1M	$34M	-96.8%
Net Income	$36M	$41M	-12.9%

Revenue Segments

Taser Weapons Segment

$376M56%

Software and Sensors Segment

$292M44%

Geographic Segments

UNITED STATES

$537M80%

Non-US

$131M20%

AXON Q2 2025 Earnings — Axon Enterprise, Inc. Revenue & Financial Results | Market Cap Arena