Stocks Industrials AXON
NASDAQ · IndustrialsAxon Enterprise, Inc. (AXON)
Axon Enterprise, Inc. brought in $3.2B of revenue over the twelve months to June 30, 2026, up 34.6% from a year earlier. Net income was $199.3M, a net margin of 6.2%. Operating cash flow minus capital spending left $75.1M of free cash flow in fiscal 2025. At June 30, 2026 it held $597.7M in cash against $1.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
Key facts about Axon Enterprise, Inc.
- Net worth
- Axon Enterprise, Inc. has a market value (market cap) of $33.5B at the latest share price, and shareholders' equity of $3.7B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.8B (+33.5% year on year), with net income of $124.7M. Over the 12 months to June 30, 2026: revenue $3.2B, net income $199.3M.
- Cash flow
- In fiscal 2025 operations brought in $211.3M of cash; after $136.3M of capital spending, free cash flow was $75.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 6, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Axon Enterprise, Inc.'s next report is expected around November 3, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Axon Enterprise, Inc. does
Axon Enterprise develops technology and hardware for law enforcement, military, and emergency services. It manufactures conducted energy devices under the TASER brand, body-worn cameras, and in-car video systems, while also providing cloud-based digital evidence management software called Evidence.com. It is known for equipping police departments with non-lethal weapons and recording devices. Its shares trade on NASDAQ under the ticker AXON.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.8B | $124.7M | $1.51 | $75.1M |
| 2024 | $2.1B | $377M | $4.80 | $329.5M |
| 2023 | $1.6B | $175.8M | $2.33 | $129.6M |
| 2022 | $1.2B | $146.9M | $2.03 | $179.6M |
| 2021 | $863.4M | -$60M | -$0.91 | $74.6M |
| 2020 | $681M | -$1.7M | -$0.03 | -$34.1M |
Full financial statements: income, balance sheet and cash flow
Where AXON ranks in Industrials
Latest SEC filings
What Axon Enterprise, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 21, 2026Material agreement8-KAxon Enterprise raised $1,150.0 million through the offering of 0% convertible senior notes due in 2031.
- September 17, 2026
- September 16, 2026
- September 15, 2026Form 305B2 filing 305B2
- September 15, 2026
- September 15, 2026Material agreement8-KAxon announced a proposed offering of $1.0 billion in convertible senior notes and expanded its revolving credit facility to $500.0 million.
- August 14, 2026Form 13F-HR filing 13F-HR
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 35% to $904.4M versus the same quarter last year; diluted EPS $0.36 versus $0.44.
- August 5, 2026
- July 10, 2026
What is AXON worth? A DCF from its reported cash flow
Insider trades
What the people running Axon Enterprise, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $26.7M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Brooks CameronCHIEF REVENUE OFFICER | Shares withheld for tax | 5,850 | $2.5M |
| September 11, 2026 | Fields IsaiahChief Legal Officer | Soldpre-planned (10b5-1) | 1,017 | $488.6K |
| September 8, 2026 | Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | Soldpre-planned (10b5-1) | 71 | $35.6K |
| September 8, 2026 | Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | Soldpre-planned (10b5-1) | 410 | $206.5K |
| September 8, 2026 | Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | Soldpre-planned (10b5-1) | 1,104 | $558.2K |
| September 8, 2026 | Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | Soldpre-planned (10b5-1) | 744 | $376.8K |
| September 8, 2026 | Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | Soldpre-planned (10b5-1) | 749 | $380.1K |
| September 8, 2026 | Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | Soldpre-planned (10b5-1) | 1,774 | $902K |
Who owns AXON
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.23% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,124 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 8,334,551 | +345,365 |
| Vanguard Capital Management LLC | 5,130,199 | +87,074 |
| State Street Corp | 3,885,570 | +203,608 |
| Vanguard Portfolio Management LLC | 3,684,814 | +80,141 |
| Invesco Ltd. | 3,229,060 | +307,251 |
| Baillie Gifford & Co | 3,059,487 | +599,760 |
| Fmr LLC | 3,024,957 | +628,618 |
| Geode Capital Management, LLC | 2,312,765 | +56,479 |
| Wellington Management Group Llp | 2,103,142 | -314,974 |
| Westfield Capital Management Co LP | 1,491,490 | +427,356 |
| Sands Capital Management, LLC | 1,480,817 | -83,687 |
| Edgewood Management LLC | 1,124,675 | -903,748 |
| Morgan Stanley | 1,089,164 | +108,228 |
| Massachusetts Financial Services Co | 1,019,560 | +4,731 |
| Norges Bank | 931,827 | new |
| UBS Group AG | 927,111 | +29,942 |
| Goldman Sachs Group Inc | 825,444 | +353,787 |
| Northern Trust Corp | 774,281 | +9,477 |
| Bank of New York Mellon Corp | 730,899 | +22,068 |
| Franklin Resources Inc | 701,731 | -345,742 |
Insiders
18 insiders reported holding 4,087,210 shares in total, about $1.68B at the last price.
| Holder | Shares |
|---|---|
| Smith Patrick WCHIEF EXECUTIVE OFFICER, Director | 3,118,012 |
| Isner JoshuaPRESIDENT | 296,974 |
| Partovi HadiDirector | 238,649 |
| Bagley BrittanyCOO & CFO | 121,685 |
| Kunins Jeffrey CCPO & CTO | 97,761 |
| Brooks CameronCHIEF REVENUE OFFICER | 61,396 |
| Fields IsaiahChief Legal Officer | 56,264 |
| Coughlin Elizabeth ReidChief Human Officer | 40,363 |
| Garnreiter MichaelDirector | 18,398 |
| Mak Jennifer HChief Accounting Officer | 13,600 |
Questions about AXON
What does Axon Enterprise, Inc. do?
Axon Enterprise develops technology and hardware for law enforcement, military, and emergency services. It manufactures conducted energy devices under the TASER brand, body-worn cameras, and in-car video systems, while also providing cloud-based digital evidence management software called Evidence.com. It is known for equipping police departments with non-lethal weapons and recording devices. Its shares trade on NASDAQ under the ticker AXON.
What is Axon Enterprise, Inc.'s net worth?
Axon Enterprise, Inc. has a market value (market cap) of $33.5B at the latest share price, and shareholders' equity of $3.7B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Axon Enterprise, Inc. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $199.3M on revenue of $3.2B, a net margin of 6.2%.
How much revenue does Axon Enterprise, Inc. make?
Over the twelve months to June 30, 2026 Axon Enterprise, Inc. reported revenue of $3.2B. That is 34.6% more than a year earlier.
When did Axon Enterprise, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 2, 2026.
When is Axon Enterprise, Inc.'s next earnings report?
Axon Enterprise, Inc.'s next report is expected around November 3, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Follow AXON: get an email when it filesWhere the numbers come from
Financial figures are the values Axon Enterprise, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.