Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, TASER, and Software and Sensors. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence. Its products include TASER 7, TASER X26P, TASER X2, TASER Consumer devices, and related cartridges; on-officer body cameras, Axon Fleet in-car systems, and other devices; Axon Evidence digital evidence management software; Axon Signal enabled devices, as well as hardware extended warranties; and Axon docks, cartridges, and batteries. It sells its products through its direct sales force, distribution partners, online store, and third-party resellers. Axon Enterprise, Inc. has a strategic partnership with Fusus, Inc. to expand the capabilities of Axon Respond and the Fusus Real Time Crime Center in the Cloud solution to provide agencies real-time operations situational awareness, including streamlined investigative workflows. The company was formerly known as TASER International, Inc. and changed its name to Axon Enterprise, Inc. in April 2017. Axon Enterprise, Inc. was incorporated in 1993 and is headquartered in Scottsdale, Arizona.

Axon Enterprise, Inc.

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Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	2,558	2,391.6	2,226.3	2,082.5	1,937.8	1,806.8
Total Revenues %Chg	32%	32.4%	32.7%	33.4%	32.1%	32.3%
Net Sales from Products
Net Sales from Services
Cost of Sales	1,015.3	945.5	877.8	841.1	778.2	721.3
Cost of Product Sales
Cost of Service Sales
Gross Profit	1,542.7	1,446.1	1,348.5	1,241.4	1,159.5	1,085.4
Gross Profit Margin	60.3%	60.5%	60.6%	59.6%	59.8%	60.1%
Selling, General & Administrative Expenses	945.5	884.9	813.7	741.2	651.5	581.7
Selling, General and Administrative
Research & Development Expenses	624.8	562.7	501.5	441.6	391	353.4
Research and Development
Operating Profit	-27.7	-1.5	33.3	58.5	117	150.4
Income from Operations
Operating Margin	-1.1%	-0.1%	1.5%	2.8%	6%	8.3%
Interest and Investment Income	—	—	—	36.6	—	—
Interest Income, Net
Non-Operating Income	199.6	221.4	261.7	286.4	192.2	151.5
Other Income, Net
Interest and Other Income, Net
Total Non-Operating Income	199.6	221.4	261.7	323	192.2	151.5
Income Before Provision for Income Taxes	169.8	233.6	324	381.5	352.7	344.8
Income Before Provision for Income Taxes
Provision for Income Taxes	-87.3	-92.7	-7.7	4.5	53.8	51.6
Provision for Income Taxes
Consolidated Net Income	257.1	326.3	331.7	377	298.9	293.2
Net Income Attributable to Common Shareholders	257.1	326.3	331.7	377	298.9	293.2
Basic EPS	3.3	4.3	4.4	5	4	3.9
Diluted EPS	3.2	4.1	4.1	4.8	3.9	3.8
Basic Weighted Average Shares Outstanding	77.4	76.7	76.1	75.7	75.4	75.2
Total Shares Outstanding	78.9	78.5	77.8	76.6	76.1	75.6
Diluted Weighted Average Shares Outstanding	80.8	80.7	79.6	78.6	77.2	76.7
EBITDA	46.2	65.8	96.4	107	161.1	180.1
Effective Tax Rate	-51.4%	-39.7%	-2.4%	1.2%	15.2%	15%