AXON ENTERPRISE, INC. · Ordnance & Accessories,

AXON

Low riskNext report: In 7 days (est.)

View price ↗

The short version

A profitable company with growing sales. Institutions are adding.

Going well

Sales up 35% in the latest quarter vs a year ago
Profitable
Sales up 34% last year

Money moves

No insider buying or selling in the last 30 days
Institutions added 8% to their holdings in the quarter ending June 2026 (650 bought, 432 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$424.69+1.1% that day

Company value: $34.5B; Share price times all shares
Price vs profit (P/E): 176.2x; You pay about $176 for each $1 of yearly profit
Price vs sales: 10.7x; Company value is 10.7 times a year of sales
Cash vs value: 2%; Cash as a share of company value
Debt vs value: 5%; Debt as a share of company value

From AXON's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$904.4M+35% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $3.2B, up 35% from the 12 months before. Over 5 years, sales grew about 33% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of AXON. Starting points are the company's recent numbers.

Sales growth+30% a yearRecently: +35% a yearProfit margin6%Last 12 months: 6.2%P/E at the end40xToday: 176.2x. Many steady companies trade at 12x to 25xShare count change+5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$12.0B

Profit in 5 years$717M

Price these guesses point to$276.67-35% vs $424.69 todayAbout -8.2% a year, before dividends

What today's price needs: with a 6% margin and a 40x P/E, sales would have to grow about 42% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

2/7Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.4.5%
MissDebt under half of equityNot relying on borrowed money.0.56x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.5%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$75.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+13.6% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.59.7%

Revenue: $2.8B; +33.5% vs prior year
5-year growth: +32.5%/yr; revenue, per year
Total debt: $1.8B; 0.56x equity
Current ratio: 2.53x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.