profit from every $100 of sales.

Axon Enterprise
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $206.06 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Axon Enterprise sold, what it kept, and what it did with the cash.
Sales went from $1.19 billion in 2022 to $2.78 billion in 2025, with $125 million of profit last year.
Axon Enterprise vs. similar companies
Axon Enterprise grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Axon Enterprise | 206.1× · Very expensive | ||
SpaceX | No profit yet | ||
GE Aerospace | 39.4× · Expensive | ||
RTX | 39.8× · Expensive | ||
Airbus | 31.2× · Expensive |
AI analysis
An AI analyst reads Axon Enterprise's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 681 | 866 | 1,187 | 1,561 | 2,083 | 2,780 | |
| 416 | 546 | 726 | 955 | 1,241 | 1,658 | |
| -14 | -163 | 93 | 157 | 59 | -62 | |
| -2 | -144 | 116 | 183 | 437 | 196 | |
| -2 | -56 | 147 | 176 | 377 | 125 | |
| -0.03 | -0.91 | 2.03 | 2.31 | 4.80 | 1.51 | |
| 61.1% | 63.0% | 61.2% | 61.2% | 59.6% | 59.7% | |
| -2.1% | -18.8% | 7.8% | 10.0% | 2.8% | -2.2% | |
| -0.3% | -6.5% | 12.4% | 11.3% | 18.1% | 4.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,381 | 1,688 | 2,852 | 3,409 | 4,475 | 7,000 |
| Cash | 155 | 356 | 354 | 599 | 455 | 1,201 |
| Total debt | – | – | 711 | 711 | 722 | 1,910 |
| Total liabilities | 405 | 640 | 1,583 | 1,793 | 2,147 | 3,758 |
| 976 | 1,050 | 1,268 | 1,616 | 2,328 | 3,243 | |
| 62 | 66 | 73 | 75 | 79 | 82 | |
| -1.1% | -12.3% | 3.7% | 5.6% | 10.1% | 1.7% | |
| -0.2% | -5.4% | 11.6% | 10.9% | 16.2% | 3.8% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 38 | 124 | 235 | 189 | 408 | 211 | |
| 73 | 50 | 56 | 60 | 79 | 136 | |
| -34 | 75 | 180 | 130 | 330 | 75 | |
| Dividends paid | – | – | – | – | – | – |
| – | – | 0 | – | – | – | |
| 134 | 303 | 106 | 131 | 383 | 634 |
Valuation
- 206.1×
- 40.6×
- –
- 9.6×
- 9.2×
- 342.1×
- 134.4×
- 0.3%
- 0.5%
- 0.0%
Profitability
- 59.7%
- -2.2%
- 4.5%
- 6.5%
- 1.8%
- 5.4%
- 6.6%
- 2.9%
- 0.8%
- 22.2%
Growth
- +32.5%
- –
- −77.2%
- –
- +4.3%
Financial health
- 3.6×
- 0.59
- 25.9%
- 1.2×
- 2.53
- 1.93
- 0.42
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $726.71
- Range
- $625.00 – $820.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 1.61 | 1.60 | +0.6% |
| Feb 24, 2026 | 2.15 | 1.60 | +34.4% |
| Nov 4, 2025 | 1.17 | 1.52 | −23.0% |
| Aug 4, 2025 | 2.12 | 1.45 | +46.2% |
| May 7, 2025 | 1.41 | 1.27 | +11.0% |
| Feb 25, 2025 | 2.08 | 1.37 | +51.8% |
| Nov 7, 2024 | 1.45 | 1.20 | +20.8% |
| Aug 6, 2024 | 1.20 | 1.02 | +17.6% |
News
Axon Plunged To a 2-Year Low. Here's Why It Could Be a Golden Buying OpportunityYahoo Finance · Nov 7, 2026Axon forecasts Q4 revenue of $990M-$1.01B while investing $1.2B in Skydio amid federal Dedrone timing uncertaintySeeking Alpha · Nov 6, 2026Can Axon Stock Jump 50%?Yahoo Finance · Oct 30, 2026Is Axon Stock Increasing Your Market Risk?Yahoo Finance · Oct 28, 2026Why Did Axon Stock Fall Ten Percent On A Convertible That Pays No Interest?Yahoo Finance · Sep 17, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Axon Enterprise
Is Axon Enterprise a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Axon Enterprise AI analysis
What does Axon Enterprise do?
Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. It is in Aerospace & Defense, based in Scottsdale, AZ, United States, with 5,100 employees.
Does Axon Enterprise pay a dividend?
No. Axon Enterprise does not pay a dividend at the moment.
Is Axon Enterprise stock halal?
Questionable. Axon Enterprise sits in a grey zone: scholars disagree about its industry. How we check
How has Axon Enterprise stock done over the past year?
Down 43.4% over the past twelve months, to $315.43. It traded between $302.54 and $645.72 and is 51.2% below its high.
Who are Axon Enterprise's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with Axon Enterprise's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



