Stock research

Axon Enterprise, Inc. (AXON) Stock Research

Axon Enterprise makes Tasers, body cameras, and cloud software for law enforcement.

For the fiscal year ended December 31, 2025, Axon Enterprise, Inc. reported revenue of $2.8B and net income of $125M, with operating cash flow of $211M. Source: Form 10-K filed February 25, 2026

SEC data as of

Revenue
$2.8B
FY ending 2025-12-31
Net income
$125M
FY ending 2025-12-31
Diluted EPS
$1.51
Net margin
4.5%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Axon Enterprise

Exchange
NASDAQ: AXON
Sector
Industrials
SEC industry
Ordnance & Accessories, (No Vehicles/Guided Missiles) (SIC 3480)
Fiscal year end
December 31

AXON key financials

Reported figures from Axon Enterprise, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$2.8B2025-01-01 – 2025-12-31SEC filing
Net income$125M2025-01-01 – 2025-12-31SEC filing
Operating cash flow$211M2025-01-01 – 2025-12-31SEC filing
Diluted EPS$1.512025-01-01 – 2025-12-31SEC filing
Net margin4.5%2025-01-01 – 2025-12-31SEC filing
Shares outstanding79MAs of 2025-10-31SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in AXON

Axon Enterprise, Inc. sits in Industrials. Aerospace, machinery, defense, and transports — a cyclical read on capex, reshoring, and the physical economy. We have not yet written company-specific drivers for AXON; the forces that matter most for the sector are:

  • ◆Capital-spending and manufacturing PMIs
  • ◆Reshoring and supply-chain reconfiguration
  • ◆Defense budgets and geopolitical conflict
  • ◆Freight rates and logistics demand

Key questions for the AXON thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does AXON's reported profit turn into cash?

Operating cash flow was $211M, 1.70 times net income of $125M, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 25, 2026

How much of AXON's revenue is left as profit?

Net income was 4.5% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 25, 2026

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Congressional trading in AXON

PoliticianTrade dateTypeOwnerAmountSource
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Jefferson Shreve2025-05-12SaleSelf$15,001 - $50,000Filing #20030387
Jefferson Shreve2025-03-05PurchaseSelf$15,001 - $50,000Filing #20029038
Robert Bresnahan2025-01-13SaleJoint$1,001 - $15,000Filing #20024346

All verified AXON congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

AXON — frequently asked questions

What does Axon Enterprise, Inc. do?

Axon Enterprise makes Tasers, body cameras, and cloud software for law enforcement.

What were AXON's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Axon Enterprise, Inc. reported revenue of $2.8B and net income of $125M, with operating cash flow of $211M. The figures come from Axon Enterprise, Inc.'s SEC XBRL filings.

When does Axon Enterprise, Inc.'s fiscal year end?

The SEC lists Axon Enterprise, Inc.'s fiscal year end as December 31.

Do members of Congress trade AXON?

The current verified House and Senate snapshot contains 4 transaction rows for AXON, each linked to the original filing.

Is AXON a good investment?

This page does not rate AXON as a buy or sell. It sets out what Axon Enterprise, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the AXON numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included