| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,423,871 | 615,496 | 1,092,938 | 454,844 |
| Short-term investments | 952,786 | 1,471,304 | 1,099,230 | 333,235 |
| Marketable securities | 68,179 | 144,000 | 174,870 | 198,270 |
| Accounts and notes receivable, net of allowance of 3,237 and 3,322 as of september30, 2025 and december31, 2024, respectively | 700,742 | 627,961 | 600,371 | 547,572 |
| Contract assets, net | 537,198 | 463,371 | 373,707 | 367,929 |
| Inventory | 317,513 | 308,492 | 279,669 | 265,316 |
| Prepaid expenses and other current assets | 216,447 | 197,738 | 155,804 | 130,315 |
| Total current assets | 4,216,736 | 3,828,362 | 3,776,589 | 2,297,481 |
| Property and equipment, net | 283,208 | 271,240 | 259,869 | 247,324 |
| Deferred tax assets, net | 344,803 | 357,417 | 335,742 | 304,282 |
| Gross carrying amount | 183,736 | 180,322 | 179,766 | 164,225 |
| Total non-amortizable | 27,294 | 27,314 | 27,348 | 42,672 |
| Intangible assets, gross carrying amount | 211,030 | 207,636 | 207,114 | 206,897 |
| Accumulated amortization | 51,982 | 45,048 | 38,280 | 31,740 |
| Intangible assets, net | 159,048 | 162,588 | 168,834 | 175,157 |
| Goodwill | 773,386 | 762,245 | 755,882 | 756,838 |
| Long-term notes receivable, net | 2,893 | 1,631 | 3,318 | 3,460 |
| Long-term contract assets, net | 163,956 | 161,905 | 133,551 | 119,876 |
| Strategic investments | 386,947 | 403,500 | 413,693 | 332,550 |
| Other long-term assets | 326,388 | 266,368 | 235,681 | 237,620 |
| Total assets | 6,657,365 | 6,215,256 | 6,083,159 | 4,474,588 |
| Accounts payable | 114,995 | 118,110 | 97,670 | 71,955 |
| Accrued liabilities | 293,344 | 265,832 | 266,604 | 279,193 |
| Current portion of deferred revenue | 639,087 | 603,417 | 661,116 | 612,955 |
| Current portion of convertible notes, net | - | - | - | 680,289 |
| Current portion of notes payable, net | 279,560 | 279,247 | 278,915 | - |
| Customer deposits | 15,045 | 19,412 | 21,645 | 20,626 |
| Other current liabilities | 7,699 | 11,053 | 10,672 | 12,857 |
| Total current liabilities | 1,349,730 | 1,297,071 | 1,336,622 | 1,677,875 |
| Deferred revenue, net of current portion | 364,519 | 329,045 | 348,614 | 360,685 |
| Liability for unrecognized tax benefits | 22,354 | 32,112 | 28,510 | 25,007 |
| Long-term deferred compensation | 22,675 | 20,512 | 18,691 | 15,877 |
| Long-term lease liabilities | 90,209 | 43,638 | 40,016 | 41,383 |
| Long-term convertible notes, net | - | - | - | 0 |
| Long-term notes payable, net | 1,729,366 | 1,728,575 | 1,727,797 | - |
| Other long-term liabilities | 50,762 | 31,903 | 27,056 | 26,096 |
| Total liabilities | 3,629,615 | 3,482,856 | 3,527,306 | 2,146,923 |
| Preferred stock | 0 | 0 | 0 | - |
| Common stock | 1 | 1 | 1 | 1 |
| Additional paid-in capital | 2,262,306 | 1,964,953 | 1,829,755 | 1,689,781 |
| Treasury stock at cost, 20,220,282 shares and 20,220,227 shares as of september30, 2025 and december31, 2024, respectively | 155,952 | 155,947 | 155,947 | 155,947 |
| Retained earnings | 933,925 | 936,111 | 899,994 | 812,014 |
| Accumulated other comprehensive loss | -12,530 | -12,718 | -17,950 | -18,184 |
| Total stockholders equity | 3,027,750 | 2,732,400 | 2,555,853 | 2,327,665 |
| Total liabilities and stockholders equity | 6,657,365 | 6,215,256 | 6,083,159 | 4,474,588 |
AXON ENTERPRISE, INC. (AXON)
AXON ENTERPRISE, INC. (AXON)