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Axon Enterprise income statement

In fiscal 2025, Axon Enterprise reported revenue of $2.78bn, up 33.5% on the year before, operating income of −$62.1m (a -2.2% margin) and net income of $125m, or $1.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue87901151381651982683444205316818661,1871,5612,0832,7803,219
Cost of revenue—4247526369981371612242653204616058411,1211,307
Gross profit454568861021291712072593074165467269551,2411,6581,912
Research and development11108101524315577101123194234304442684768
Selling, general and administrative3938394754701081391572133075153994957411,0361,120
Operating income−5−1123283335321325−6−14−1639315759−6224
Interest expense—————————————7794114
Provision for credit losses————————————15———
Income before tax−5−10232832353116282−6−13619615738219182
Income tax−1−381012151411−11−5−8049−194−106−17
Net income−4−715182020175291−2−56147176377125199
Diluted EPS−$0.07−$0.12$0.27$0.34$0.37$0.36$0.32$0.10$0.50$0.01−$0.03−$0.91$2.03$2.33$4.80$1.51$2.41
Diluted shares (average)63m59m55m54m55m55m54m54m58m60m62m66m73m75m79m82m83m
EBITDA2−3293337393621355−2−14411617610721133

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Axon Enterprise's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Axon Enterprise.