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Companies / Industrials / Axon Enterprise
AXON

Axon Enterprise

IndustrialsFabricated MetalS&P 500
Ticker AXONSCOTTSDALE, AZFiscal year ends DecemberBook value per share $44.53Diluted shares 82.5M

Axon Enterprise, Inc. is a technology company providing integrated hardware and software solutions to public safety agencies, government entities, commercial enterprises, and consumers worldwide. The company operates through its website at www.axon.com and maintains its primary corporate headquarters in Scottsdale,… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.78BFY2025
+33.5% year over year
Last 12 mo $3.22B
-2.23%FY2025
−5 percentage points
Last 12 mo 0.74%
$124.66MFY2025
−66.9% year over year
Last 12 mo $199.30M
3.84%FY2025
−12.4 percentage points
Last 12 mo 5.42%
Cash & financing
$211.34MFY2025
−48.2% year over year
Last 12 mo $265.81M
$75.08MFY2025
−77.2% year over year
Last 12 mo $133.19M
0.56FY2025
Was 0.30× a year earlier
Last 12 mo 0.47
82.4MFY2025
+4.9% year over year
Last 12 mo 82.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Axon Enterprise does

In the company’s own words

Axon Enterprise, Inc. is a technology company providing integrated hardware and software solutions to public safety agencies, government entities, commercial enterprises, and consumers worldwide. The company operates through its website at www.axon.com and maintains its primary corporate headquarters in Scottsdale, Arizona, with additional operational hubs across major U.S. cities and international expansion throughout Europe, Asia, and the Americas.

The company operates two reportable segments: Software and Services, and Connected Devices. The Software and Services segment develops cloud-based Software-as-a-Service solutions leveraging artificial intelligence to enable customers to capture, securely store, manage, share and analyze video and digital evidence. This segment includes offerings such as Axon Evidence for digital evidence management, Draft One for AI-enabled report writing, Axon Records for records management, Axon Standards, Axon Fusus for real-time operations, and Axon Assistant. The Connected Devices segment manufactures and sells integrated hardware solutions including conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and related accessories and extended warranties.

Axon's business model combines hardware sales with multi-year recurring software subscriptions, professional services, and extended warranties. The company reported annual recurring revenue of $1.3 billion as of December 31, 2025. As of that date, Axon employed more than 5,100 full-time employees and more than 1,200 temporary employees, representing significant growth during the year.

Founded in 1993 with a mission to protect life, Axon has evolved into a diversified technology company serving complex, high-stakes challenges across public and private sectors. The company holds over 370 U.S. patents, over 170 U.S. registered trademarks, over 350 international patents, and over 480 international registered trademarks. Key brands and trademarks include Axon Evidence, TASER, Dedrone, Draft One, and Axon Air. The company's integrated ecosystem of connected hardware, cloud-hosted software applications, and real-time operational tools creates a unified, data-driven operating system designed to prioritize safety and accountability.

Company details
Sector
Industrials
Industry (SIC)
Fabricated Metal
Headquarters
SCOTTSDALE, AZ
Fiscal year end
December
CIK
1069183
SIC
3480

Financial performance, year by year

Fiscal 2013–2025 · USD
$-387.93M$595.81M$1.58B$2.56B$3.55B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Axon Enterprise — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

793
funds hold it
0 of 35
superinvestors hold it
$17.04B
held by funds, at market
40.4%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Axon Enterprise’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.07%of fund net assets
0.20%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.42%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Axon Enterprise’s bonds, as funds hold them

Funds report holding 2 issues of Axon Enterprise’s debt, $611.58M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.18%, maturing 2030 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Axon Enterprise and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Axon Enterprise's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Axon Enterprise's last four quarterly filings that the numbers alone won't show?”
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