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Axon Enterprise, Inc. AXON Software and Services — Goodwill, Measurement Period Adjustment

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Other financials

Income statement

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Revenue$807.3M+33.7%
Gross profit$477.3M+30.5%
Operating income$29.2M+433%
Net income$169.3M+92.4%
EPS (diluted)$2.05+89.8%

Balance sheet

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Cash & equivalents$458.9M-58.0%
Total debt$1.8B-10.7%
Total equity$3.5B+38.3%
Total assets$7.1B+16.2%

Cash flow

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Operating cash flow-$31.5M-222%
CapEx$23.1M-7.0%
Free cash flow-$54.6M-5,963%

Valuation

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Market cap$37.47B-39.4%
Enterprise value$38.84B-38.6%
P/E181.9×-7.6×
P/S12.6×-13.3×

Profitability

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Gross margin59.3%-1.3pp
Operating margin-0.8%
Net margin6.9%-8.0pp
FCF margin0.7%-15.6pp

Returns & leverage

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Return on equity6.8%-8.4pp
Debt / equity0.5×-0.3×
Current ratio2.3×-0.6×

Where this comes from

Reported directly by Axon Enterprise, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The official record: Axon Enterprise, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axon Enterprise, Inc.'s software and services — goodwill, measurement period adjustment?
Axon Enterprise, Inc. (AXON) reported software and services — goodwill, measurement period adjustment of $82K in Q1 2026.
How has Axon Enterprise, Inc.'s software and services — goodwill, measurement period adjustment changed year-over-year?
Axon Enterprise, Inc.'s software and services — goodwill, measurement period adjustment decreased by 96.8% year-over-year, from $2.54M to $82K.
What does software and services — goodwill, measurement period adjustment mean?
Represents adjustments made to the initial valuation of goodwill within the software and services segment during the measurement period following an acquisition. These adjustments occur when new information regarding the fair value of assets or liabilities acquired becomes available. It reflects the refinement of purchase price accounting for recent deals.