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Tables in the 10-Q of AXON ENTERPRISE, INC.

57 tables with numbers, filed Aug 6, 2026. Each one downloads as a CSV for Excel or Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

	Page
Special Note Regarding Forward-Looking Statements	ii
PART I - FINANCIAL INFORMATION	1
	Item 1. Financial Statements (unaudited)	1
	Consolidated Balance Sheets	2
	Consolidated Statements of Operations and Comprehensive Income	3
	Consolidated Statements of Stockholders’ Equity	4
	Consolidated Statements of Cash Flows	5

	June 30, 2026	December 31, 2025
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$597,704		$1,201,147
Short-term investments	75,703		505,417
Marketable securities	19,126		27,213
Accounts and notes receivable, net of allowance of $4,949 and $4,198 as of June 30, 2026 and December 31, 2025, respectively	768,637		777,486

	Three Months Ended June 30,	Six Months Ended June 30,
	2026	2025		2026	2025
Net sales from products	$506,553		$376,360		$959,374	$717,256
Net sales from services	397,836		292,178		752,360	554,915
Net sales	904,389		668,538		1,711,734	1,272,171
Cost of product sales	243,861		193,507		476,017	363,688
Cost of service sales	114,081		71,288		211,984	139,001
Cost of sales	357,942		264,795		688,001	502,689

	Common Stock	Additional Paid-in Capital	Treasury Stock		Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
	Shares	Amount		Shares		Amount
Balance, December 31, 2025	80,211,537	$1		$2,475,035			20,233,434		$(157,242)		$936,670		$(11,806)		$3,242,658
Issuance of common stock under employee plans, net	189,933	—		(12,169)			—		—		—		—		(12,169)
Stock-based compensation	—	—		134,701			—		—		—		—		134,701
Issuance of replacement awards in connection with acquisitions	—	—		1,345			—		—		—		—		1,345
Conversion of convertible debt and shares received from convertible note hedge, net	170,731	—		22,979		41,139		(22,922)		—		—		57
Tax effect of redemption and voluntary conversions of convertible debt	—	—		(2,327)			—		—		—		—		(2,327)

	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025
	Connected Devices	Software and Services		Total	Connected Devices	Software and Services		Total
TASER (1)	$261,321		$—		$261,321		$216,234		$—	$216,234
Personal Sensors (2)	95,392		—		95,392		92,819		—	92,819
Platform Solutions (3)	149,840		—		149,840		67,307		—	67,307
Software and Services	—		397,836		397,836		—		292,178	292,178
Total	$506,553		$397,836		$904,389		$376,360		$292,178	$668,538

	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
	Connected Devices	Software and Services		Total	Connected Devices	Software and Services		Total
TASER (1)	$494,174		$—		$494,174		$411,729		$—	$411,729
Personal Sensors (2)	204,143		—		204,143		181,224		—	181,224
Platform Solutions (3)	261,057		—		261,057		124,303		—	124,303
Software and Services	—		752,360		752,360		—		554,915	554,915
Total	$959,374		$752,360		$1,711,734		$717,256		$554,915	$1,272,171

	As of June 30, 2026
	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Fair Value		Cash and Cash Equivalents		Marketable Securities		Short-Term Investments
Cash	$262,275	$—	$—	$262,275		$262,275		$—		$—
Level 1:
Money market funds	293,215	—	—	293,215		293,215		—		—
Marketable securities	13,100	6,026	—	19,126		—		19,126		—
Subtotal	306,315	6,026	—		312,341		293,215		19,126		—
Level 2:

	As of December 31, 2025
	Amortized Cost	Gross Unrealized Gains		Gross Unrealized Losses	Fair Value	Cash and Cash Equivalents	Marketable Securities	Short-Term Investments
Cash	$168,294		$—		$—	$168,294		$168,294	$—	$—
Level 1:
Money market funds	821,711		—		—	821,711		821,711	—	—
Marketable securities	15,093		12,120		—	27,213		—	27,213	—
U.S. Treasury bills	231,766		69		—	231,835		200,200	—	31,635
Agency bonds	6,456		3		—	6,459		—	—	6,459

	June 30, 2026	December 31, 2025
Raw materials	$214,857		$152,680
Work-in-process	13,537		8,866
Finished goods	258,162		180,265
Total inventory	$486,556		$341,811

		June 30, 2026	December 31, 2025
	Useful Life	Gross Carrying Amount	Accumulated Amortization		Net Carrying Amount	Gross Carrying Amount	Accumulated Amortization		Net Carrying Amount
Amortizable (definite-lived) intangible assets:
Developed technology	3 ‑ 8 years	$262,122		$(63,653)		$198,469		$183,122		$(44,399)	$138,723
Customer relationships	5 ‑ 10 years	68,231		(12,748)		55,483		41,329		(8,960)	32,369
Issued trademarks	3 ‑ 23 years	11,986		(5,377)		6,609		9,900		(3,856)	6,044
Issued patents	8 ‑ 26 years	3,002		(1,641)		1,361		3,017		(1,602)	1,415
Domain names	5 ‑ 10 years	4,568		(2,968)		1,600		3,043		(2,738)	305

	Six Months Ended June 30,
	2026	2025
Cash flows from operating activities:
Net income	$198,739		$124,097
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Stock-based compensation	278,697		279,483
Gain on strategic investments and marketable securities, net	(197,873)		(111,754)
Debt inducement expense	—		28,666

	Six Months Ended June 30,
	2026	2025
Balance, beginning of period	$10,858		$8,284
Utilization of reserve	(7,411)		(4,202)
Warranty expense	6,855		6,794
Balance, end of period	$10,302		$10,876

	Three Months Ended June 30,	Six Months Ended June 30,
	2026	2025		2026	2025
Numerator for basic and diluted earnings per share:
Net income	$29,427		$36,117		$198,739	$124,097
Denominator:
Weighted average shares outstanding	80,573		77,999		80,363	77,448
Dilutive effect of stock-based awards	1,462		1,729		1,358	1,721
Dilutive effect of 2027 Notes (1)	—		820		47	1,210

	Three Months Ended June 30,	Six Months Ended June 30,
	2026	2025		2026	2025
Stock-based awards	3,277		3,854		3,237	3,871
2027 Notes	—		415		—	429
2027 Warrants	2,156		1,503		1,912	1,614
Total potentially dilutive securities	5,433		5,772		5,149	5,914

2026 remaining	$26,872
2027	52,521
2028	50,289
2029	47,336
2030	35,726
2031	18,341
Thereafter	32,437
Total	$263,522

	June 30, 2026	December 31, 2025
Equity securities:
Non-marketable equity securities (1)	$848,099		$416,236
Debt securities:
Non-marketable debt securities	5,743		597
Total strategic investments	$853,842		$416,833

	June 30, 2026	December 31, 2025
Accrued commissions	$85,240		$150,811
Accrued third-party product costs	69,022		73,497
Accrued salaries and benefits	34,189		35,251
Accrued income and other taxes	33,011		27,339
Accrued professional and IT fees	32,578		24,359
Accrued bonus	32,435		78,403
Accrued interest	31,837		31,855

	June 30, 2026	December 31, 2025
2030 Notes	$1,000,000		$1,000,000
2033 Notes	750,000		750,000
2027 Notes	—		81,110
Total principal	1,750,000		1,831,110
Unamortized debt issuance costs	(18,183)		(20,388)
Total carrying amount of notes payable, net	1,731,817		1,810,722
Less: current portion (1)	—		(80,552)

	Proceeds (in thousands)	Initial Shares		Strike Price		First Expiration
2027 Warrants	$124,269		3,016,680		$338.86		March 15, 2028

	Operational Goals (1)(in millions)	Stock Price Goal		Minimum Service Requirement
Tranche (2)	Revenue	Adj. EBITDA			Employee XSP	CEO Performance Award	Goal Expiration
1	$1,834	or	$382	and	$247.40	and	June 2025	December 2028	December 31, 2026
2	2,293	or	497	and	309.25	and	December 2025	December 2028	December 31, 2027
3	2,866	or	611	and	386.56	and	June 2026	December 2029	December 31, 2028
4	3,583	or	792	and	483.20	and	December 2026	December 2029	December 31, 2029
5	4,479	or	1,035	and	604.00	and	June 2027	December 2030	December 31, 2030
6	5,599	or	1,347	and	755.00	and	December 2027	December 2030	December 31, 2031

	Unrealized (Losses) Gainson Available-for-SaleInvestments (1)	Foreign Currency Translation		Total
Balance, December 31, 2025	$83		$(11,889)		$(11,806)
Other comprehensive income (loss)	(111)		647		536
Balance, March 31, 2026	(28)		(11,242)		(11,270)
Other comprehensive loss	—		(5,147)		(5,147)
Balance, June 30, 2026	$(28)		$(16,389)		$(16,417)

	Unrealized (Losses)on Available-for-SaleInvestments (1)	Foreign Currency Translation		Total
Balance, December 31, 2024	$(30)		$(18,154)		$(18,184)
Other comprehensive income (loss)	(124)		358		234
Balance, March 31, 2025	(154)		(17,796)		(17,950)
Other comprehensive income	73		5,159		5,232
Balance, June 30, 2025	$(81)		$(12,637)		$(12,718)

	Three Months Ended June 30,	Dollar Change		Percent Change
	2026	2025
Connected Devices segment:
TASER (1)	$261,321		28.9%		$216,234	32.3%	$45,087	20.9%
Personal Sensors (2)	95,392		10.5		92,819	13.9	2,573	2.8
Platform Solutions (3)	149,840		16.6		67,307	10.1	82,533	122.6
Total Connected Devices segment	506,553		56.0		376,360	56.3	130,193	34.6
Total Software and Services segment	397,836		44.0		292,178	43.7	105,658	36.2

	Six Months Ended June 30,	Dollar Change		PercentChange
	2026	2025
Connected Devices segment:
TASER (1)	$494,174		28.9%		$411,729	32.4%	$82,445	20.0%
Personal Sensors (2)	204,143		11.8		181,224	14.2	22,919	12.6
Platform Solutions (3)	261,057		15.3		124,303	9.8	136,754	110.0
Total Connected Devices segment	959,374		56.0		717,256	56.4	242,118	33.8
Total Software and Services segment	752,360		44.0		554,915	43.6	197,445	35.6

Tables in the 10-Q of AXON ENTERPRISE, INC.

Table 1 after “FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2026”

Table 2 after “(in thousands, except share data)”

Table 3 after “(unaudited)”

Table 4 after “(unaudited)”

Table 5 after “(unaudited)”

Table 6 after “(unaudited)”

Table 7 after “Changes in our estimated product warranty liabilities were as follows (in thousands):”

Table 8 after “The calculation of the weighted average number of shares outstanding and earnings per share is as follows (in thousands except per share dat”

Table 9 after “n thousands):”

Table 10 after “The following table presents our revenues by primary product and service offering and reportable segment (in thousands):”

Table 11 after “The following table presents our revenues by primary product and service offering and reportable segment (in thousands):”

Table 12 after “The following table presents our revenues disaggregated by geography (dollars in thousands):”

Table 13 after “The following tables summarize our cash, cash equivalents, marketable securities and available-for-sale debt investments at June 30, 2026 an”

Table 14 after “for the same periods in the prior year.”

Table 15 after “(in thousands):”

Table 16 after “were as follows (in thousands):”

Table 17 after “and December 31, 2025 (in thousands):”

Table 18 after “, the next five years ended December 31, and thereafter, is as follows (in thousands):”

Table 19 after “:”

Table 20 after “(in thousands):”

Table 21 after “(in thousands):”

Table 22 after “(in thousands):”

Table 23 after “Interest expense related to the Senior Notes was as follows (in thousands):”

Table 24 after “The estimated fair value of our outstanding Senior Notes at June 30, 2026 and December 31, 2025 is as follows (in thousands):”

Table 25 after “Interest expense related to the 2027 Notes was as follows (in thousands):”

Table 26 after “Convertible Note Warrants”

Table 27 after “Table of Contents”

Table 28 after “The following table summarizes the composition of stock-based compensation expense for the three and six months ended June 30, 2026 and 2025”

Table 29 after “The following tables reflect the changes in accumulated other comprehensive income (loss), net of tax (in thousands):”

Table 30 after “Amounts are net of immaterial tax impacts.”

Table 31 after “):”

Table 32 after “Other segment items includes adjustments for noncash stock-based compensation expense, amortization of acquired intangible assets, compensat”

Table 33 after “The following table presents supplemental information included within the measure of profit or loss, adjusted gross margin, reviewed by our ”

Table 34 after “The following table presents supplemental information included within the measure of profit or loss, adjusted gross margin, reviewed by our ”

Table 35 after “as the percentage relationship to total net sales (dollars in thousands):”

Table 36 after “The following table presents our revenues disaggregated by geography (dollars in thousands):”

Table 37 after “Net sales by product line were as follows (dollars in thousands):”

Table 38 after “SG&A expenses were as follows (dollars in thousands):”

Table 39 after “R&D expenses were as follows (dollars in thousands):”

Table 40 after “Interest income (expense), net, was as follows (in thousands):”

Table 41 after “, was as follows (in thousands):”

Table 42 after “Provision for (benefit from) income taxes and effective tax rates were as follows (dollars in thousands):”

Table 43 after “The following table presents data from our consolidated statements of operations as well as the percentage relationship to total net sales (”

Table 44 after “The following table presents our revenues disaggregated by geography (dollars in thousands):”

Table 45 after “Net sales by product line were as follows (dollars in thousands):”

Table 46 after “SG&A expenses were as follows (dollars in thousands):”

Table 47 after “R&D expenses were as follows (dollars in thousands):”

Table 48 after “Interest income (expense), net, was as follows (in thousands):”

Table 49 after “Other income (loss), net, was as follows (in thousands):”

Table 50 after “Provision for (benefit from) income taxes and effective tax rates were as follows (dollars in thousands):”

Table 51 after “EBITDA and adjusted EBITDA reconcile to net income as follows (in thousands):”

Table 52 after “Adjusted gross margin reconciles to gross margin as follows (in thousands):”

Table 53 after “Table of Contents”

Table 54 after “Summary”

Table 55 after “The following table summarizes our cash flows from operating, investing and financing activities (in thousands):”

Table 56 after “The table below describes the contracts, instructions or written plans for the purchase or sale of securities adopted or terminated by our d”

Table 57 after “Exhibits”

	Three Months Ended	Six Months Ended
	June 30, 2026	June 30, 2025		June 30, 2026	June 30, 2025
Net income	$29,427		$36,117		$198,739	$124,097
Depreciation and amortization	31,615		19,324		60,961	38,519
Interest expense	28,101		28,686		56,744	36,507
Investment interest income	(6,815)		(23,253)		(17,426)	(33,857)
Provision for (benefit from) income taxes	3,257		(75,000)		34,166	(54,589)
EBITDA	$85,585		$(14,126)		$333,184	$110,677

Name and Title	Action	Date of Termination or Adoption	Expiration Date	Aggregate Number of Securities to be Sold
Joshua Isner, President	Termination (1)	May 29, 2026	December 31, 2026	135,466	(2)
Jeffrey Kunins, Chief Product Officer and Chief Technology Officer	Adoption	May 22, 2026	December 31, 2026	15,839	(2)
Joshua Isner, President	Adoption	June 1, 2026	December 31, 2026	100,390	(2)
Isaiah Fields, Chief Legal Officer	Adoption	June 12, 2026	March 30, 2027	10,337	(2)

3.1	Amended and Restated Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to theQuarterly Report on Form 10-Q, filed August 9, 2022)
3.2	Bylaws, as amended and restated (incorporated by reference to Exhibit 3.2 to the Current Report on Form 8-K, filed December 21, 2023)
31.1*	Principal Executive Officer Certification pursuant to Rule 13a-14(a) or Rule 15d-14(a)
31.2*	Principal Financial Officer Certification pursuant to Rule 13a-14(a) or Rule 15d-14(a)
32**	Principal Executive Officer and Principal Financial Officer Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*	Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH*	Inline XBRL Taxonomy Extension Schema Document
101.CAL*	Inline XBRL Taxonomy Extension Calculation Linkbase Document