Axon Enterprise, Inc. (AXON) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 807.35M | 796.72M | 710.64M | 668.54M | 603.63M | 575.14M | 544.27M | 503.24M | 459.87M | 430.38M | 413.28M | 374.61M | 343.04M | 336.14M | 311.75M | 285.61M | 256.43M | 217.58M | 231.99M | 218.79M |
| Revenue Growth % | 33.75% | 38.53% | 30.57% | 32.85% | 31.26% | 33.64% | 31.7% | 34.34% | 34.06% | 28.03% | 32.57% | 31.16% | 33.78% | 54.49% | 34.38% | 30.54% | 31.49% | -3.79% | 39.38% | 54.89% |
| Cost of Goods Sold | 330.06M | 335.42M | 283.29M | 264.8M | 237.89M | 229.3M | 213.53M | 197.08M | 201.24M | 166.38M | 156.62M | 142.48M | 138.94M | 130.46M | 118.5M | 111.65M | 100.69M | 82.52M | 87.42M | 80.87M |
| COGS % of Revenue | 40.88% | 42.1% | 39.86% | 39.61% | 39.41% | 39.87% | 39.23% | 39.16% | 43.76% | 38.66% | 37.9% | 38.04% | 40.5% | 38.81% | 38.01% | 39.09% | 39.27% | 37.93% | 37.68% | 36.96% |
| Gross Profit | 477.29M | 461.3M | 427.35M | 403.74M | 365.74M | 345.85M | 330.75M | 306.16M | 258.63M | 263.99M | 256.66M | 232.12M | 204.1M | 205.68M | 193.26M | 173.96M | 155.74M | 135.06M | 144.57M | 137.93M |
| Gross Margin % | 59.12% | 57.9% | 60.14% | 60.39% | 60.59% | 60.13% | 60.77% | 60.84% | 56.24% | 61.34% | 62.1% | 61.96% | 59.5% | 61.19% | 61.99% | 60.91% | 60.73% | 62.07% | 62.32% | 63.04% |
| Gross Profit Growth % | 30.5% | 33.38% | 29.21% | 31.87% | 41.42% | 31.01% | 28.87% | 31.89% | 26.72% | 28.35% | 32.81% | 33.43% | 31.05% | 52.29% | 33.68% | 26.13% | 26.25% | -4.42% | 46.56% | 55.02% |
| Operating Expenses | 448.04M | 451.3M | 429.48M | 402.68M | 373.63M | 361.5M | 306.37M | 272.4M | 242.17M | 221.25M | 199.24M | 191.86M | 187.49M | 183.14M | 161.15M | 152.55M | 138.54M | 162.03M | 141.48M | 231.41M |
| OpEx % of Revenue | 55.5% | 56.64% | 60.44% | 60.23% | 61.9% | 62.85% | 56.29% | 54.13% | 52.66% | 51.41% | 48.21% | 51.22% | 54.66% | 54.48% | 51.69% | 53.41% | 54.03% | 74.47% | 60.98% | 105.77% |
| Selling, General & Admin | 259.09M | 317.3M | 252.8M | 240.11M | 222.61M | 226.92M | 191.89M | 170.96M | 151.07M | 137.27M | 122.36M | 119.92M | 116.57M | 114.42M | 102.02M | 95M | 90.13M | 111.35M | 99.09M | 177.46M |
| SG&A % of Revenue | 32.09% | 39.83% | 35.57% | 35.92% | 36.88% | 39.45% | 35.26% | 33.97% | 32.85% | 31.9% | 29.61% | 32.01% | 33.98% | 34.04% | 32.73% | 33.26% | 35.15% | 51.18% | 42.72% | 81.11% |
| Research & Development | 188.95M | 134M | 176.67M | 162.57M | 151.02M | 134.59M | 114.48M | 101.43M | 91.1M | 83.97M | 76.88M | 71.94M | 70.93M | 68.72M | 59.13M | 57.55M | 48.42M | 50.67M | 42.38M | 53.95M |
| R&D % of Revenue | 23.4% | 16.82% | 24.86% | 24.32% | 25.02% | 23.4% | 21.03% | 20.16% | 19.81% | 19.51% | 18.6% | 19.2% | 20.68% | 20.44% | 18.97% | 20.15% | 18.88% | 23.29% | 18.27% | 24.66% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 29.24M | 10M | -2.13M | 1.06M | -7.89M | -15.65M | 24.38M | 33.76M | 16.46M | 42.75M | 57.42M | 40.26M | 16.61M | 22.54M | 32.11M | 21.41M | 17.19M | -26.97M | 3.09M | -93.48M |
| Operating Margin % | 3.62% | 1.26% | -0.3% | 0.16% | -1.31% | -2.72% | 4.48% | 6.71% | 3.58% | 9.93% | 13.89% | 10.75% | 4.84% | 6.71% | 10.3% | 7.5% | 6.71% | -12.39% | 1.33% | -42.73% |
| Operating Income Growth % | 470.49% | 163.88% | -108.73% | -96.85% | -147.96% | -136.62% | -57.54% | -16.15% | -0.92% | 89.64% | 78.84% | 88.03% | -3.41% | 183.59% | 939.06% | 122.9% | 134.76% | -566.94% | 161.2% | -620.45% |
| EBITDA | 29.24M | 32M | 17.48M | 18.22M | 11.56M | 2.02M | 30.56M | 44.14M | 23.81M | 49.22M | 65.84M | 49.32M | 24.69M | 30.48M | 40.03M | 29.34M | 24.5M | -20.21M | 7.93M | -89.19M |
| EBITDA Margin % | 3.62% | 4.02% | 2.46% | 2.73% | 1.92% | 0.35% | 5.62% | 8.77% | 5.18% | 11.44% | 15.93% | 13.17% | 7.2% | 9.07% | 12.84% | 10.27% | 9.56% | -9.29% | 3.42% | -40.77% |
| EBITDA Growth % | 152.97% | 1480.25% | -42.81% | -58.72% | -51.45% | -95.89% | -53.58% | -10.5% | -3.56% | 61.48% | 64.46% | 68.08% | 0.76% | 250.84% | 404.93% | 132.9% | 154.25% | -317.13% | 513.78% | -779.11% |
| D&A (Non-Cash Add-back) | 0 | 22M | 19.61M | 17.16M | 19.45M | 17.68M | 6.18M | 10.39M | 7.36M | 6.47M | 8.42M | 9.06M | 8.08M | 7.94M | 7.92M | 7.93M | 7.31M | 6.76M | 4.84M | 4.29M |
| EBIT | 29.24M | 33.82M | 44.62M | -10.2M | 116.21M | 86.39M | 81.22M | 53.34M | 167.65M | 57.51M | 73.49M | -8.61M | 41.88M | 34.73M | 20.86M | 68.44M | 72.49M | -37.21M | -2.64M | -51.84M |
| Net Interest Income | 0 | -11.19M | -4.97M | -5.43M | 2.78M | 5.46M | 10.98M | 9.78M | 10.37M | 12.32M | 10.46M | 7.8M | 10.6M | 0 | 0 | 0 | 0 | 952K | 0 | 41.84M |
| Interest Income | 10.61M | 17.63M | 23.94M | 23.25M | 10.6M | 7.29M | 12.62M | 11.65M | 12.13M | 14.1M | 12.22M | 11.3M | 10.6M | 0 | 0 | 0 | 0 | 952K | 0 | 41.84M |
| Interest Expense | -28.64M | 28.82M | 28.91M | 28.69M | 7.82M | 1.82M | 1.65M | 1.87M | 1.76M | 1.77M | 1.76M | 3.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 170.98M | -5M | 17.83M | -39.95M | 116.28M | 100.22M | 55.19M | 17.72M | 149.44M | 12.99M | 14.31M | -52.37M | 25.28M | 12.19M | -11.25M | 47.03M | 55.3M | -10.25M | -5.73M | 41.64M |
| Pretax Income | 200.22M | 5M | 15.7M | -38.88M | 108.39M | 84.56M | 79.57M | 51.47M | 165.9M | 55.74M | 71.73M | -12.11M | 41.88M | 34.73M | 20.86M | 68.44M | 72.49M | -37.21M | -2.64M | -51.84M |
| Pretax Margin % | 24.8% | 0.63% | 2.21% | -5.82% | 17.96% | 14.7% | 14.62% | 10.23% | 36.07% | 12.95% | 17.36% | -3.23% | 12.21% | 10.33% | 6.69% | 23.96% | 28.27% | -17.1% | -1.14% | -23.7% |
| Income Tax | 30.91M | 2M | 17.89M | -75M | 20.41M | -50.62M | 12.54M | 10M | 32.54M | -1.32M | 10.42M | -24.53M | -3.25M | 5.55M | 8.73M | 17.48M | 17.62M | -23.71M | -51.16M | -4.73M |
| Effective Tax Rate % | 15.44% | 40% | 113.92% | 192.89% | 18.83% | -59.86% | 15.76% | 19.43% | 19.62% | -2.37% | 14.53% | 202.57% | -7.77% | 15.99% | 41.84% | 25.53% | 24.31% | 63.7% | 1938.03% | 9.12% |
| Net Income | 169.31M | 3M | -2.19M | 36.12M | 87.98M | 135.18M | 67.03M | 41.47M | 133.35M | 57.06M | 61.31M | 12.42M | 45.14M | 29.18M | 12.13M | 50.96M | 54.87M | -13.51M | 48.52M | -47.12M |
| Net Margin % | 20.97% | 0.38% | -0.31% | 5.4% | 14.58% | 23.5% | 12.31% | 8.24% | 29% | 13.26% | 14.83% | 3.32% | 13.16% | 8.68% | 3.89% | 17.84% | 21.4% | -6.21% | 20.92% | -21.53% |
| Net Income Growth % | 92.44% | -97.78% | -103.26% | -12.91% | -34.02% | 136.91% | 9.32% | 233.92% | 195.43% | 95.58% | 405.39% | -75.63% | -17.74% | 315.98% | -75% | 208.16% | 214.51% | -152.29% | 5658.3% | -53.18% |
| Net Income (Continuing) | 169.31M | 3M | -2.19M | 36.12M | 87.98M | 135.18M | 67.03M | 41.47M | 133.35M | 57.06M | 61.31M | 12.42M | 45.14M | 29.18M | 12.13M | 50.96M | 54.87M | -13.51M | 48.52M | -47.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.05 | 0.03 | -0.03 | 0.44 | 1.08 | 1.67 | 0.86 | 0.53 | 1.73 | 0.75 | 0.78 | 0.16 | 0.61 | 0.40 | 0.17 | 0.71 | 0.76 | -0.19 | 0.67 | -0.72 |
| EPS Growth % | 89.81% | -98.2% | -103.24% | -16.98% | -37.57% | 122.67% | 10.26% | 231.25% | 183.61% | 87.5% | 358.82% | -77.46% | -19.74% | 310.53% | -74.63% | 198.61% | 201.33% | -147.5% | 4990.51% | -41.18% |
| EPS (Basic) | 2.11 | 0.04 | -0.03 | 0.46 | 1.14 | 1.77 | 0.89 | 0.54 | 1.77 | 0.76 | 0.79 | 0.17 | 0.62 | 0.41 | 0.17 | 0.72 | 0.77 | -0.20 | 0.73 | -0.72 |
| Diluted Shares Outstanding | 82.48M | 100M | 78.42M | 82.06M | 81.48M | 81.09M | 78.08M | 77.55M | 77.13M | 76.18M | 75.95M | 75.78M | 73.88M | 72.98M | 72.53M | 72.28M | 72.35M | 69.31M | 72.44M | 65.17M |
| Basic Shares Outstanding | 80.15M | 80.4M | 78.42M | 78M | 76.89M | 76.36M | 75.7M | 75.51M | 75.36M | 75.06M | 74.83M | 74.22M | 72.64M | 71.27M | 71.11M | 71.04M | 70.95M | 66.95M | 66.19M | 65.17M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |