Axon Enterprise Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $904.4M | $807.3M | $796.7M | $710.6M | $668.5M | $603.6M | $575.1M | $544.3M |
| Cost of Revenue | $357.9M | $330.1M | $335.4M | $283.3M | $264.8M | $237.9M | $229.3M | $213.5M |
| Gross Profit | $546.4M | $477.3M | $461.3M | $427.3M | $403.7M | $365.7M | $345.8M | $330.7M |
| Gross Margin | 60.4% | 59.1% | 57.9% | 60.1% | 60.4% | 60.6% | 60.1% | 60.8% |
| Operating Expenses | ||||||||
| Research & Development | $208.7M | $189.0M | $194.0M | $176.7M | $162.6M | $151.0M | $134.6M | $114.5M |
| SG&A Expense | $291.0M | $259.1M | $317.4M | $252.8M | $242.2M | $223.5M | $227.0M | $192.2M |
| Operating Income | $46.8M | $29.2M | $-50.1M | $-2.1M | $-1.0M | $-8.8M | $-15.8M | $24.1M |
| Operating Margin | 5.2% | 3.6% | -6.3% | -0.3% | -0.2% | -1.5% | -2.7% | 4.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $32.7M | $200.2M | $-66.2M | $15.7M | $-38.9M | $108.4M | $84.6M | $79.6M |
| Income Tax Expense | $3.3M | $30.9M | $-69.0M | $17.9M | $-75.0M | $20.4M | $-50.6M | $12.5M |
| Net Income | $29.4M | $169.3M | $2.7M | $-2.2M | $36.1M | $88.0M | $135.2M | $67.0M |
| Net Margin | 3.3% | 21.0% | 0.3% | -0.3% | 5.4% | 14.6% | 23.5% | 12.3% |
| EPS (Basic) | $0.37 | $2.11 | $0.03 | $-0.03 | $0.46 | $1.14 | $1.77 | $0.89 |
| EPS (Diluted) | $0.36 | $2.05 | $0.02 | $-0.03 | $0.44 | $1.08 | $1.68 | $0.86 |
| Shares Outstanding (Basic) | 80.6M | 80.2M | 78.1M | 78.4M | 78.0M | 76.9M | 75.7M | 75.7M |
| Shares Outstanding (Diluted) | 82.5M | 82.5M | 82.4M | 78.4M | 82.1M | 81.5M | 78.6M | 78.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |