AXON

Axon Enterprise

Halal Rating :
Comfortable
Last Price $634
Market Cap $43.85b
1D Change

5.48 %

1 Year Change

126.38 %

Next Earnings Date

Yet to be announced

Company Overview

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs), body cameras, and software solutions. The company's primary products include TASER devices for law enforcement, body-worn cameras, in-car cameras, and cloud-based evidence management software through Evidence.com. Their mission is to protect life, preserve truth, and accelerate justice.

The company operates through two segments: TASER and Software & Sensors. The TASER segment includes conducted energy devices and related accessories, while the Software & Sensors segment includes body-worn cameras, in-car cameras, and cloud-based software solutions.

Revenue Sources

Pass

Based on review of Axon's financial statements and business operations, their revenue primarily comes from the sale of law enforcement equipment, software services, and related products. These products and services are halal as they serve legitimate public safety purposes. The company does not derive income from gambling, alcohol, tobacco, pork products, or other haram sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $603.63m $620.25m - $7.82m 0.00% 1.26%
Dec. 31, 2024 $573.42m $588.11m - - 0.00% 0.00%
Sept. 30, 2024 $544.27m $520.19m - - 0.00% 0.00%
June 30, 2024 $504.1m $471.23m - - 0.00% 0.00%

Analysis of Axon's financial statements for the past four quarters shows zero interest income and zero interest expense. The company maintains a strong balance sheet with minimal debt. There is no material reliance on interest-based income or financing in their business model.

Operational Ethics

Pass

After reviewing Axon's public disclosures, annual reports, and business operations, there is no evidence of current material business relationships with the state of Israel or the Chinese Communist Party. The company primarily operates in North America and other democratic nations where law enforcement oversight exists.

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