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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $904.39M | $807.35M | $796.72M | $710.64M | $668.54M | $603.63M | $575.15M | $544.27M |
| Cost of revenue | $357.94M | $330.06M | $335.43M | $283.29M | $264.80M | $237.89M | $229.30M | $213.53M |
| Gross profit | $546.45M | $477.29M | $461.30M | $427.35M | $403.74M | $365.74M | $345.85M | $330.75M |
| Gross margin | 60.4% | 59.1% | 57.9% | 60.1% | 60.4% | 60.6% | 60.1% | 60.8% |
| Research and development | $208.69M | $188.95M | $194.04M | $176.67M | $162.57M | $151.02M | $134.59M | $114.48M |
| Selling, general and administrative | $290.98M | $259.09M | $317.37M | $252.80M | $242.21M | $223.51M | $227.02M | $192.19M |
| Operating expenses | $499.67M | $448.04M | $511.41M | $429.48M | $404.78M | $374.53M | $361.60M | $306.67M |
| Operating income | $46.78M | $29.24M | −$50.12M | −$2.13M | −$1.04M | −$8.79M | −$15.76M | $24.08M |
| Operating margin | 5.2% | 3.6% | -6.3% | -0.3% | -0.2% | -1.5% | -2.7% | 4.4% |
| EBITDA | $79.24M | $59.60M | −$23.17M | $17.48M | $16.12M | $10.66M | $1.93M | $37.08M |
| Interest income | $6.82M | $10.61M | $17.63M | $23.94M | $23.25M | $10.60M | $7.29M | $12.62M |
| Interest expense | −$28.10M | −$28.64M | −$28.82M | −$28.91M | −$28.69M | −$7.82M | −$1.83M | −$1.65M |
| Income before taxes | $32.68M | $200.22M | −$66.24M | $15.70M | −$38.88M | $108.39M | $84.57M | $79.57M |
| Income taxes | $3.26M | $30.91M | −$68.98M | $17.89M | −$75.00M | $20.41M | −$50.62M | $12.54M |
| Net income | $29.43M | $169.31M | $2.75M | −$2.19M | $36.12M | $87.98M | $135.18M | $67.03M |
| Net margin | 3.3% | 21.0% | 0.3% | -0.3% | 5.4% | 14.6% | 23.5% | 12.3% |
| EPS, basic | $0.37 | $2.11 | $0.03 | −$0.03 | $0.46 | $1.14 | $1.77 | $0.89 |
| EPS, diluted | $0.36 | $2.05 | $0.03 | −$0.03 | $0.44 | $1.08 | $1.66 | $0.86 |
| Diluted shares | 82.54M | 82.48M | 87.52M | 78.42M | 82.06M | 81.48M | 81.47M | 78.08M |
Figures describe Axon Enterprise shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.