---
schema_version: "secwatch.filing_event.v1"
accession: "0001069183-25-000074"
form_type: "8-K"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T06:50:17.501814+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Axon Q1 revenue $604M (+31%), net income $88M, raises FY guidance; restates prior financials

## Summary
- Q1 revenue $604M (+31% YoY); net income $88M ($1.08 EPS); raises FY revenue outlook to $2.60-2.70B.
- Software & Services revenue $263M (+39% YoY); ARR $1.1B (+34% YoY, net retention 123%).
- Restatement: $690M convertible notes misclassified as long-term; should be current liabilities. No impact on totals.
- Additional material weakness in ICFR due to inadequate monitoring of conversion provisions; prior financials no longer reliable.
- Adjusted EBITDA $155M (25.7% margin); operating cash flow $26M; net cash $171M.

## SEC filing metadata
- accession: 0001069183-25-000074
- form_type: 8-K
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000106918325000074/0001069183-25-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000106918325000074/axon-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069183-25-000074
- JSON: https://secwatch.observer/filing/0001069183-25-000074.json
- Plain text: https://secwatch.observer/filing/0001069183-25-000074.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.