Axon Enterprise, Inc. (AXON) FY2024 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2024-12-31

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Axon Enterprise, Inc. (AXON) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$997.59 MCurrent assets$2.30 BLiabilities$2.15 BAssets$4.47 BNon-current liabilities$1.15 BEquity$2.33 BNon-current assets$2.18 BGross equity(calculated)$2.50 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSAccounts and notes receivable, net of allowance of $3,322 and $2,392 as of December 31, 2024 and December 31, 2023, respectivelyCash and cash equivalentsContract assets, netShort-term investmentsInventoryMarketable securitiesPrepaid expenses and other current assetsGoodwillStrategic investmentsDeferred tax assets, netProperty and equipment, netOther long-term assetsIntangible assets, netLong-term contract assets, netLong-term notes receivable, netCurrent portion of deferred revenueAccrued liabilitiesAccounts payableCustomer depositsOther current liabilitiesConvertible notes, netDeferred revenue, net of current portionLong-term lease liabilitiesOther long-term liabilitiesLiability for unrecognized tax benefitsLong-term deferred compensationAdditional paid-in capitalRetained earningsCommon stock, $0.00001 par value; 200,000,000 shares authorized, 96,839,558 shares issued and 76,619,331 shares outstanding as of December 31, 2024, and 200,000,000 shares authorized, 95,521,651 shares issued and 75,301,424 shares outstanding as of December 31, 2023Current assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Treasury stock at cost, 20,220,227 shares as of December 31, 2024 and December 31, 2023Accumulated other comprehensive lossCurrent portion of deferred revenueCurrent portion of deferred revenue$612.96 MCurrent liabilitiesCurrent liabilities$997.59 MAccounts and notes receivable, net of allowance of $3,322 and $2,392 as of December 31, 2024 and December 31, 2023, respectivelyAccounts and notes receivable, net$547.57 MAccrued liabilitiesAccrued liabilities$279.19 MCurrent assetsCurrent assets$2.30 BCash and cash equivalentsCash and cash equivalents$454.84 MAccounts payableAccounts payable$71.96 MLiabilitiesLiabilities$2.15 BContract assets, netContract assets, net$367.93 MCustomer depositsCustomer deposits$20.63 MShort-term investmentsShort-term investments$333.24 MAssetsAssets$4.47 BOther current liabilitiesOther current liabilities$12.86 MInventoryInventory$265.32 MConvertible notes, netConvertible notes, net$680.29 MMarketable securitiesMarketable securities$198.27 MNon-current liabilitiesNon-current liabilities$1.15 BDeferred revenue, net of current portionDeferred revenue, net of current portion$360.69 MPrepaid expenses and other current assetsPrepaid expenses and other current assets$130.32 MLong-term lease liabilitiesLong-term lease liabilities$41.38 MGoodwillGoodwill$756.84 MOther long-term liabilitiesOther long-term liabilities$26.10 MEquityEquity$2.33 BNon-current assetsNon-current assets$2.18 BStrategic investmentsStrategic investments$332.55 MLiability for unrecognized tax benefitsLiability for unrecognized tax benefits$25.01 MDeferred tax assets, netDeferred tax assets, net$304.28 MLong-term deferred compensationLong-term deferred compensation$15.88 MGross equity (calculated)Gross equity(calculated)$2.50 BProperty and equipment, netProperty and equipment, net$247.32 MOther long-term assetsOther long-term assets$237.62 MAdditional paid-in capitalAdditional paid-in capital$1.69 BIntangible assets, netIntangible assets, net$175.16 MLong-term contract assets, netLong-term contract assets, net$119.88 MRetained earningsRetained earnings$812.01 MLong-term notes receivable, netLong-term notes receivable, net$3.46 MCommon stock, $0.00001 par value; 200,000,000 shares authorized, 96,839,558 shares issued and 76,619,331 shares outstanding as of December 31, 2024, and 200,000,000 shares authorized, 95,521,651 shares issued and 75,301,424 shares outstanding as of December 31, 2023Common stock$1.00 KTreasury stock at cost, 20,220,227 shares as of December 31, 2024 and December 31, 2023Treasury stock at cost−$155.95 MAccumulated other comprehensive lossAccumulated other comprehensive loss−$18.18 M
Chart details

Axon Enterprise, Inc. (AXON) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
4,474,588,000 US dollars
Current assets
2,297,481,000 US dollars
Non-current assets
2,177,107,000 US dollars
Liabilities
2,146,923,000 US dollars
Current liabilities
997,586,000 US dollars
Non-current liabilities
1,149,337,000 US dollars
Equity
2,327,665,000 US dollars
Accounts and notes receivable, net of allowance of $3,322 and $2,392 as of December 31, 2024 and December 31, 2023, respectively
547,572,000 US dollars
Cash and cash equivalents
454,844,000 US dollars
Contract assets, net
367,929,000 US dollars
Short-term investments
333,235,000 US dollars
Inventory
265,316,000 US dollars
Marketable securities
198,270,000 US dollars
Prepaid expenses and other current assets
130,315,000 US dollars
Goodwill
756,838,000 US dollars
Strategic investments
332,550,000 US dollars
Deferred tax assets, net
304,282,000 US dollars
Property and equipment, net
247,324,000 US dollars
Other long-term assets
237,620,000 US dollars
Intangible assets, net
175,157,000 US dollars
Long-term contract assets, net
119,876,000 US dollars
Long-term notes receivable, net
3,460,000 US dollars
Current portion of deferred revenue
612,955,000 US dollars
Accrued liabilities
279,193,000 US dollars
Accounts payable
71,955,000 US dollars
Customer deposits
20,626,000 US dollars
Other current liabilities
12,857,000 US dollars
Convertible notes, net
680,289,000 US dollars
Deferred revenue, net of current portion
360,685,000 US dollars
Long-term lease liabilities
41,383,000 US dollars
Other long-term liabilities
26,096,000 US dollars
Liability for unrecognized tax benefits
25,007,000 US dollars
Long-term deferred compensation
15,877,000 US dollars
Additional paid-in capital
1,689,781,000 US dollars
Retained earnings
812,014,000 US dollars
Common stock, $0.00001 par value; 200,000,000 shares authorized, 96,839,558 shares issued and 76,619,331 shares outstanding as of December 31, 2024, and 200,000,000 shares authorized, 95,521,651 shares issued and 75,301,424 shares outstanding as of December 31, 2023
1,000 US dollars
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively
0 US dollars
Treasury stock at cost, 20,220,227 shares as of December 31, 2024 and December 31, 2023
negative 155,947,000 US dollars
Accumulated other comprehensive loss
negative 18,184,000 US dollars
Gross equity (calculated)
2,501,796,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
Axon Enterprise, Inc. (AXON) FY2024 Annual Balance Sheet Sankey chart
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