AXON Q4 2025 Earnings — Axon Enterprise, Inc. Revenue & Financial Results | Market Cap Arena

AXONAxon Enterprise, Inc.

$43B

Q4 2025 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$797M+38.5% YoY

Gross Profit

$461M57.9% margin

Operating Income

$10M1.3% margin

Net Income

$3M0.4% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+12.1%

Cash Flow

Operating Cash Flow

$217M

Free Cash Flow

$155M

Stock-Based Comp.

$209M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$3.8B

Stockholders' Equity

$3.2B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$797M	$575M	+38.5%
Gross Profit	$461M	$346M	+33.4%
Operating Income	$10M	-$16M	+163.9%
Net Income	$3M	$135M	-97.8%

Geographic Segments

UNITED STATES

$644M81%

Non-US

$152M19%