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	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Total Revenues	1,272.2	1,119.4	963.1	843.1	717.6	645.1
Total Revenues %Chg	32.1%	32.8%	34.2%	30.7%	32.4%	43.5%
Net Sales from Products
Net Sales from Services
Cost of Sales	502.7	442.8	398.3	323.8	281.4	248.7
Cost of Product Sales
Cost of Service Sales
Gross Profit	769.5	676.6	564.8	519.2	436.2	396.4
Gross Profit Margin	60.5%	60.4%	58.6%	61.6%	60.8%	61.4%
Selling, General & Administrative Expenses	465.7	419.2	322	258.4	236.5	214.2
Selling, General and Administrative
Research & Development Expenses	313.6	249.1	192.5	160.9	142.9	127.8
Research and Development
Operating Profit	-9.8	8.3	50.2	100	56.9	54.4
Income from Operations
Operating Margin	-0.8%	0.7%	5.2%	11.9%	7.9%	8.4%
Interest and Investment Income	33.9	12.8	23.8	22.8	19.3	4.3
Interest Income
Interest Income, Net
Interest Expense	-36.5	3.6	-3.6	—	—	—
Interest Expense
Non-Operating Income	82	139.4	147	4.5	-46.4	-3.4
Other Income, Net
Interest and Other Income, Net
Total Non-Operating Income	79.3	155.8	167.2	27.3	-27.1	0.9
Income Before Provision for Income Taxes	69.5	164.1	217.4	127.3	29.8	55.3
Income Before Provision for Income Taxes
Provision for Income Taxes	-54.6	-38.1	42.5	9.1	-27.8	14.2
Provision for Income Taxes
Consolidated Net Income	124.1	202.2	174.8	118.2	57.6	41.1
Net Income Attributable to Common Shareholders	124.1	67	174.8	118.2	57.6	41.1
Net Income
Basic EPS	1.6	2.7	2.3	1.6	0.8	0.6
Diluted EPS	1.5	2.5	2.3	1.6	0.8	0.6
Basic Weighted Average Shares Outstanding	77.4	76.1	75.4	75	73.4	71.2
Total Shares Outstanding	78.5	76.6	75.6	75.3	74.8	71.5
Diluted Weighted Average Shares Outstanding	81.8	79.8	77.3	76.1	74.8	72.8
EBITDA	26.8	39	68	105.1	71	65.5
Effective Tax Rate	-78.5%	-23.2%	19.6%	7.1%	-93.3%	25.7%