Axon Enterprise, Inc. (AXON) FY2025 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2025-12-31

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Axon Enterprise, Inc. (AXON) FY2025 Annual Balance SheetBalance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$1.47 BCurrent assets$3.71 BLiabilities$3.76 BAssets$7.00 BNon-current liabilities$2.29 BEquity$3.24 BNon-current assets$3.29 BGross equity(calculated)$3.41 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSCash and cash equivalentsAccounts and notes receivable, net of allowance of $4,198 and $3,322 as of December 31, 2025 and December 31, 2024, respectivelyContract assets, netShort-term investmentsInventoryPrepaid expenses and other current assetsMarketable securitiesGoodwillOther long-term assetsStrategic investmentsDeferred tax assets, netProperty and equipment, netIntangible assets, netLong-term contract assets, netLong-term notes receivable, netCurrent portion of deferred revenueAccrued liabilitiesAccounts payableCurrent portion of notes payable, netCustomer depositsOther current liabilitiesLong-term notes payable, 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, 100,444,971 shares issued and 80,211,537 shares outstanding as of December 31, 2025, and 200,000,000 shares authorized, 96,839,558 shares issued and 76,619,331 shares outstanding as of December 31, 2024Current assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Treasury stock at cost, 20,233,434 and 20,220,227 shares as of December 31, 2025 and December 31, 2024, respectivelyAccumulated other comprehensive lossCurrent portion of deferred revenueCurrent portion of deferred revenue$714.71 MAccrued liabilitiesAccrued liabilities$510.54 MCash and cash equivalentsCash and cash equivalents$1.20 BCurrent liabilitiesCurrent liabilities$1.47 BCurrent assetsCurrent assets$3.71 BAccounts payableAccounts payable$139.09 MAccounts and notes receivable, net of allowance of $4,198 and $3,322 as of December 31, 2025 and December 31, 2024, respectivelyAccounts and notes receivable, net$777.49 MCurrent portion of notes payable, netCurrent portion of notes payable, net$80.55 MContract assets, netContract assets, net$582.63 MLiabilitiesLiabilities$3.76 BCustomer depositsCustomer deposits$16.16 MShort-term investmentsShort-term investments$505.42 MAssetsAssets$7.00 BOther current liabilitiesOther current liabilities$9.11 MInventoryInventory$341.81 MPrepaid expenses and other current assetsPrepaid expenses and other current assets$277.35 MLong-term notes payable, netLong-term notes payable, net$1.73 BNon-current liabilitiesNon-current liabilities$2.29 BMarketable securitiesMarketable securities$27.21 MDeferred revenue, net of current portionDeferred revenue, net of current portion$359.90 MGoodwillGoodwill$1.37 BLong-term lease liabilitiesLong-term lease liabilities$98.94 MEquityEquity$3.24 BNon-current assetsNon-current assets$3.29 BOther long-term liabilitiesOther long-term liabilities$50.44 MOther long-term assetsOther long-term assets$428.17 MLiability for unrecognized tax benefitsLiability for unrecognized tax benefits$24.38 MStrategic investmentsStrategic investments$416.83 MLong-term deferred compensationLong-term deferred compensation$23.68 MDeferred tax assets, netDeferred tax assets, net$359.80 MGross equity (calculated)Gross equity(calculated)$3.41 BProperty and equipment, netProperty and equipment, net$330.98 MAdditional paid-in capitalAdditional paid-in capital$2.48 BIntangible assets, netIntangible assets, net$196.97 MLong-term contract assets, netLong-term contract assets, net$178.25 MRetained earningsRetained earnings$936.67 MLong-term notes receivable, netLong-term notes receivable, net$6.07 MCommon stock, $0.00001 par value; 200,000,000 shares authorized, 100,444,971 shares issued and 80,211,537 shares outstanding as of December 31, 2025, and 200,000,000 shares authorized, 96,839,558 shares issued and 76,619,331 shares outstanding as of December 31, 2024Common stock$1.00 KTreasury stock at cost, 20,233,434 and 20,220,227 shares as of December 31, 2025 and December 31, 2024, respectivelyTreasury stock at cost−$157.24 MAccumulated other comprehensive lossAccumulated other comprehensive loss−$11.81 M
Chart details

Axon Enterprise, Inc. (AXON) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets
7,000,313,000 US dollars
Current assets
3,713,052,000 US dollars
Non-current assets
3,287,261,000 US dollars
Liabilities
3,757,655,000 US dollars
Current liabilities
1,470,147,000 US dollars
Non-current liabilities
2,287,508,000 US dollars
Equity
3,242,658,000 US dollars
Cash and cash equivalents
1,201,147,000 US dollars
Accounts and notes receivable, net of allowance of $4,198 and $3,322 as of December 31, 2025 and December 31, 2024, respectively
777,486,000 US dollars
Contract assets, net
582,630,000 US dollars
Short-term investments
505,417,000 US dollars
Inventory
341,811,000 US dollars
Prepaid expenses and other current assets
277,348,000 US dollars
Marketable securities
27,213,000 US dollars
Goodwill
1,370,189,000 US dollars
Other long-term assets
428,170,000 US dollars
Strategic investments
416,833,000 US dollars
Deferred tax assets, net
359,803,000 US dollars
Property and equipment, net
330,979,000 US dollars
Intangible assets, net
196,972,000 US dollars
Long-term contract assets, net
178,249,000 US dollars
Long-term notes receivable, net
6,066,000 US dollars
Current portion of deferred revenue
714,708,000 US dollars
Accrued liabilities
510,538,000 US dollars
Accounts payable
139,086,000 US dollars
Current portion of notes payable, net
80,552,000 US dollars
Customer deposits
16,156,000 US dollars
Other current liabilities
9,107,000 US dollars
Long-term notes payable, net
1,730,170,000 US dollars
Deferred revenue, net of current portion
359,902,000 US dollars
Long-term lease liabilities
98,942,000 US dollars
Other long-term liabilities
50,443,000 US dollars
Liability for unrecognized tax benefits
24,376,000 US dollars
Long-term deferred compensation
23,675,000 US dollars
Additional paid-in capital
2,475,035,000 US dollars
Retained earnings
936,670,000 US dollars
Common stock, $0.00001 par value; 200,000,000 shares authorized, 100,444,971 shares issued and 80,211,537 shares outstanding as of December 31, 2025, and 200,000,000 shares authorized, 96,839,558 shares issued and 76,619,331 shares outstanding as of December 31, 2024
1,000 US dollars
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively
0 US dollars
Treasury stock at cost, 20,233,434 and 20,220,227 shares as of December 31, 2025 and December 31, 2024, respectively
negative 157,242,000 US dollars
Accumulated other comprehensive loss
negative 11,806,000 US dollars
Gross equity (calculated)
3,411,706,000 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) FY2025 Annual Balance Sheet Sankey chart
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