{ "ok": true, "cik": "1069183", "ticker": "AXON", "name": "AXON ENTERPRISE, INC.", "filings": [ { "form": "8-K", "filed": "2026-09-15", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1069183/000119312526391320/0001193125-26-391320-index.htm" }, { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1069183/000162828026053646/0001628280-26-053646-index.htm" }, { "form": "8-K", "filed": "2026-08-05", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1069183/000162828026053363/0001628280-26-053363-index.htm" }, { "form": "8-K", "filed": "2026-07-10", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1069183/000162828026047888/0001628280-26-047888-index.htm" }, { "form": "8-K", "filed": "2026-06-01", "items": [ "5.07 Submission of Matters to a Vote of Security Holders", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1069183/000162828026039483/0001628280-26-039483-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1069183/000162828026031542/0001628280-26-031542-index.htm" } ], "events12m": 12, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001069183.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1069183" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up AXON ENTERPRISE, INC. ($AXON). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-15. 12 event filings (8-K) in the past twelve months. Non-reliance (8-K Item 4.02) filed 2025-05-07.", "auditor": { "changes": [], "nonReliance": [ { "filed": "2025-05-07", "url": "https://www.sec.gov/Archives/edgar/data/1069183/000106918325000074/0001069183-25-000074-index.htm" } ], "restatedSince": true }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 2779536000, "revenueGrowth1y": 0.33469450081295493, "revenueGrowthPerYear": 0.3394991860573524, "yearsOfData": 5, "operatingMargin": -0.02233322396256066, "operatingMarginPrior": 0.028110093223325902, "netMargin": 0.04484777315350476, "operatingCashFlow": 211339000, "capitalSpending": 136258000, "freeCashFlow": 75081000, "researchAndDevelopment": 684308000, "researchShareOfRevenue": 0.246195048382176, "cash": 1201147000, "longTermDebt": 1810722000, "longTermDebtChange": 1.66169525010694, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 863381000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 1187143000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 1560699000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 2082526000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 2779536000 } ], "totalEquity": 3242658000, "totalAssets": 7000313000, "equityRatio": 0.4632161447638127, "returnOnEquity": 0.03844253695579367, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 2942888839.5828013, "high": 4361603263.191561, "baseline": 3700350609.3081875, "n": 4599, "band": "b1" }, "ifPaceHeld": { "low": 2942888839.5828013, "high": 4361603263.191561 } }, "edgarette": "🔖 Exposure: revenue $2.8B (FY2025), total debt $1.8B. Experience: revenue up 33.5% on the year, up 33.9% a year over 4 years; operating margin -2.2%, down from 2.8%. Soundness: equity 46.3% of assets, return on equity 3.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.9B and $4.4B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (38 filers, $50M+ revenue, its industry group): operating margin -2.2% against a 8.1% median; growth 33.5% against 2.4%.", "peers": { "sic": 3480, "sicDescription": "Ordnance & Accessories, (No Vehicles/Guided Missiles)", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "34", "growth": [ 0.0243, 40 ], "opMargin": [ 0.0809, 38 ], "equityRatio": [ 0.4846, 39 ], "returnOnEquity": [ 0.0852, 34 ], "payoutRatio": [ 0.2459, 26 ] }, "summary": "Axon Enterprise (AXON) grew revenue 33.5% in FY2025 to $2.8 billion, operating margin -2.2% against a 8.1% median for ordnance & accessories, (no vehicles/guided missiles), equity 46.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
AXON ENTERPRISE, INC. against its own record and its peers
Operating marginPeer median 8.1%-2.2%Revenue, on the yearPeer median 2.4%33.5%Equity of assetsPeer median 48.5%46.3%Return on equityPeer median 8.5%3.8%Gold tick: the median of 34–39 peers with $50M+ revenue in ordnance & accessories, (no vehicles/guided missiles)
", "chartHorizon": null, "backtest": { "tests": 12, "hits": 12, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:13:46.644Z", "hash": "7b3f22be20c0a8ba", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Axon Enterprise (AXON) grew revenue 33.5% in FY2025 to $2.8 billion, operating margin -2.2% against a 8.1% median for ordnance & accessories, (no vehicles/guided missiles), equity 46.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 2779536000, "totalDebt": 1810722000, "cash": 1201147000 }, "experience": { "revenueGrowth1y": 0.33469450081295493, "revenueGrowthPerYear": 0.3394991860573524, "operatingMargin": -0.02233322396256066, "operatingMarginPrior": 0.028110093223325902, "netMargin": 0.04484777315350476, "freeCashFlow": 75081000 }, "soundness": { "equityRatio": 0.4632161447638127, "returnOnEquity": 0.03844253695579367, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 3480, "sicDescription": "Ordnance & Accessories, (No Vehicles/Guided Missiles)", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "34", "growth": [ 0.0243, 40 ], "opMargin": [ 0.0809, 38 ], "equityRatio": [ 0.4846, 39 ], "returnOnEquity": [ 0.0852, 34 ], "payoutRatio": [ 0.2459, 26 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": { "filed": "2025-05-07", "url": "https://www.sec.gov/Archives/edgar/data/1069183/000106918325000074/0001069183-25-000074-index.htm", "restatedSince": true, "markedDown": false }, "auditorChange": null }, "range": { "low": 2942888839.5828013, "high": 4361603263.191561, "baseline": 3700350609.3081875, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4599, "sizeBand": "b1" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 12, "hits": 12, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:13:46.644Z", "hash": "7b3f22be20c0a8ba", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001069183.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1069183" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }