Axon Enterprise (AXON) 10-K Summary — Year Ended Dec 31, 2024
The filing covers Axon Enterprise's annual report for the most recent period. The company reported a significant increase in revenue compared to the prior year, with positive operating income and net income, and strong operating cash flow.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
The filing covers Axon Enterprise's annual report for the most recent period. The company reported a significant increase in revenue compared to the prior year, with positive operating income and net income, and strong operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.1B
Revenue reported for the fiscal year.
Operating income
$58.5M
Income from operations reported for the year.
Net income
$377M
Net income reported for the year.
Operating cash flow
$408.3M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.6B | n/a |
| Mar 31, 2024 | $459.9M | -70.5% |
| Jun 30, 2024 | $503.2M | +9.4% |
| Dec 31, 2024 | $2.1B | +313.8% |
Business overview
The supplied filing context does not include a detailed description of the company's business. The business overview section only references item numbers without substantive text.
Financial performance
Revenue grew substantially compared to the prior period. Operating income and net income were positive, and operating cash flow was strong.
Material risks
The filing lists risk factors in Item 1A, but the supplied context does not provide any specific risk descriptions. No material risks can be identified from the available text.
Liquidity and capital
The company's primary liquidity sources are cash from operations and available cash and investments. Total liquidity decreased from the prior year-end, though the company maintains an undrawn credit facility for additional needs.
What to watch
Monitor the change in cash and short-term investments, which decreased from the prior year-end due to investment maturities and acquisition activity.