Companies / Industrials
AXON
Axon Enterprise
Aerospace & Defense
Aerospace & DefenseAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health45
Growth100
Profitability29
Cash generation29
Balance sheet67
Dilution control1
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)27.8%Revenue growth (FY)33.5%Revenue CAGR (3y)32.8%Gross margin59.7%Operating margin-2.2%Net margin4.5%Free cash flow margin2.7%R&D / revenue24.6%Stock comp / revenue22.8%Net debt / operating cash flow3.27xCurrent ratio2.53Diluted share count change4.9%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $863M | $1.2B | $1.6B | $2.1B | $2.8B |
| Gross profit | $541M | $726M | $955M | $1.2B | $1.7B |
| Operating income | -$168M | $93M | $157M | $59M | -$62M |
| Net income | -$60M | $147M | $176M | $377M | $125M |
| Operating cash flow | $124M | $235M | $189M | $408M | $211M |
| Capital expenditure | $50M | $56M | $60M | $79M | $136M |
| Free cash flow | $75M | $180M | $130M | $330M | $75M |
| R&D | $194M | $234M | $304M | $442M | $684M |
| Stock-based comp | $303M | $106M | $131M | $383M | $634M |
| Cash | $356M | $354M | $599M | $455M | $1.2B |
| Total debt | — | — | $677M | $1.4B | $1.9B |
| Equity | $1.1B | $1.3B | $1.6B | $2.3B | $3.2B |
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