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Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

AXON
2026-06-30 · figures in $M

REVENUE UP

Revenue rose 33% year over year to $2.8B, and carried a 4.5% net margin.

REVENUE +33.5%
2,780 +33.5% YoY
GROSS PROFIT +33.6%
1,658 59.7% MGN
NET INCOME -66.9%
125 4.5% MGN
EPS (DILUTED) -68.5%
$1.51 -68.5% YoY
Income statement FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Revenue
420 531 681 866 1,187 1,561 2,083 2,780 +33.5%
Cost of revenue
(161) (224) (265) (320) (461) (605) (841) (1,121) +33.3%
Gross profit
259 307 416 546 726 955 1,241 1,658 +33.6%
Research & development
(77) (101) (123) (194) (234) (304) (442) (684) +55.0%
SG&A
(157) (213) (307) (515) (399) (495) (741) (1,036) +39.8%
Operating income
25 -6 -14 -163 93 157 59 -62 —
Interest expense
(3) (8) (8) (1) (4) (7) (7) (94) +1227.7%
Income tax
-1 (1) -5 -80 (49) -19 (4) -106 —
Net income
29 1 -2 -56 147 176 377 125 -66.9%
EPS (diluted)
$0.50 $0.01 -$0.03 -$0.91 $2.03 $2.33 $4.80 $1.51 -68.5%

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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM1,241 REVENUE+697 COST OF REVENUE-280 TO1,658
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗