AXON
Axon Enterprise, Inc. Industrials Ordnance & Accessories, (No Vehicles/Guided Missiles) S&P 500Nasdaq-100Russell 3000
$427.77Close
$34.3BMarket cap
$345.94 – $738.8852-week range
Nov 5, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 0 of 8 trend conditions
- Lagging the market RS 15 · weaker than 85% of stocks over 12 months
- Far from its high 42% below its 52-week high
- Earnings shrinking EPS −19% year on year
- Results soon Nov 5, 2026, in 4 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
42%
1wk
up 1.8%
price change
1mo
up 1.2%
price change
12-month return
down 42%
market up 11% ·
its own down 55%
F-score
6 / 9
Mixed
Altman Z
6.42
Low risk
P/E
275.3×
price / earnings
PEG
—
P/E / EPS growth
P/B
10.6×
price / book
Earnings yield
down 0.2%
EBIT / enterprise value
Cheaper than
21%
of the market · expensive
Revenue growth
up 33%
year on year
EPS growth
down 19%
latest quarter · -109 pts
Sales growth
up 35%
latest quarter · +2 pts
ROE
up 4%
return on equity
Free cash margin
up 3%
$75.1M FCF
D/E
0.53
long-term debt / equity
Net debt / EBITDA
25.1×
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- took on more long-term debt
- issued more shares
- profitable on its assets
- generating cash from operations
- profits backed by cash
- short-term liquidity improved
- gross margin widened
- assets working harder
Trade setup
ATR%
4.2%
$18.17 a day · 2×ATR $391.42
RS
15 / 99
vs the universe
Trend
0 / 8
trend template
Relative volume
1.0×
vs 50-day average
Up/down volume
0.71
50 sessions
Implied move
14.3%
by Nov 6, 2026 · report Nov 5, 2026
Trend template · 0 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Heavily indebted Net debt is 25.1 times EBITDA — roughly 25 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Shareholders diluted The share count rose 4.7% over the year, from 77m to 80m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 5, 2026
Last shock
Aug 6, 2026-14% in one session2.1× volumeon results-18% since
Options
$5.1M78.5% IV · activity
Financials
- Gross 60%
- Net 4%
- Free cash 3%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $681.0M | $865.6M | $1.2B | $1.6B | $2.1B | $2.8B |
| Gross margin | 61% | 63% | 61% | 61% | 60% | 60% |
| Operating income | -$14.2M | -$163.1M | $93.0M | $156.8M | $58.5M | -$62.1M |
| Net income | -$1.7M | -$56.3M | $146.9M | $175.8M | $377.0M | $124.7M |
| Net margin | -0% | -7% | 12% | 11% | 18% | 4% |
| Earnings per share | -$0.03 | -$0.85 | $2.03 | $2.33 | $4.80 | $1.51 |
| Free cash flow | -$34.1M | $74.6M | $179.6M | $129.6M | $329.5M | $75.1M |
| Free cash margin | -5% | 9% | 15% | 8% | 16% | 3% |
| Cash | $155.4M | $356.3M | $353.7M | $598.5M | $454.8M | $1.2B |
| Long-term debt | — | — | — | $677.1M | $0 | $1.7B |
| Shareholders' equity | $976.3M | $1.1B | $1.3B | $1.6B | $2.3B | $3.2B |
| Shares outstanding | 63.77m | 70.90m | 71.47m | 75.30m | 76.62m | 80.21m |
Next report
Nov 5, 2026 · after the close
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±14.3%
$366 – $489 by Nov 6, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±13.1%
last 4: -14.0% · +12.2% · +22.8% · -11.7%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
About usual
1.1× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $350 – $505 ±18.0% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 78.5% priced · 40.0% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs less
Positioning
- Premium traded
- $5.1M calls $2.6M · puts $2.5M · latest session
- 0.96× +0.82 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -3.50k · puts -3.72k past week
For options traders: ATM IV 78.5% (-2.7% 1w) · 1m ÷ 3m IV 1.30 · 25Δ skew 2.5 pts · Net GEX $5.7M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 7, 2026 | Quarterly ↗ | Mar 31, 2026 | 37d |
| Feb 25, 2026 | Annual ↗ | Dec 31, 2025 | 56d |
| Nov 5, 2025 | Quarterly ↗ | Sep 30, 2025 | 36d |
| Aug 5, 2025 | Quarterly ↗ | Jun 30, 2025 | 36d |
| May 7, 2025 | Quarterly ↗ | Mar 31, 2025 | 37d |
| Feb 28, 2025 | Annual ↗ | Dec 31, 2024 | 59d |
| Nov 8, 2024 | Quarterly ↗ | Sep 30, 2024 | 39d |
| Aug 7, 2024 | Quarterly ↗ | Jun 30, 2024 | 38d |
| May 7, 2024 | Quarterly ↗ | Mar 31, 2024 | 37d |
| Feb 27, 2024 | Annual ↗ | Dec 31, 2023 | 58d |
| Nov 7, 2023 | Quarterly ↗ | Sep 30, 2023 | 38d |
Current reports
| Filed | Disclosed |
|---|---|
| Sep 21, 2026 | Material agreement · New obligation · Regulation FD ↗ |
| Sep 15, 2026 | Material agreement · New obligation · Regulation FD ↗ |
| Aug 5, 2026 | Results ↗ |
| Jul 10, 2026 | Director or officer change ↗ |
| Jun 1, 2026 | Shareholder vote ↗ |
| May 6, 2026 | Results ↗ |
| Apr 10, 2026 | Director or officer change ↗ |
| Mar 11, 2026 | Director or officer change ↗ |
| Feb 24, 2026 | Results ↗ |
| Feb 13, 2026 | Other events ↗ |
| Dec 18, 2025 | Other events ↗ |
| Dec 10, 2025 | Unregistered share sale · Other events ↗ |