AXON ENTERPRISE, INC.

AXON

Quality scores

Data as of Sep 5, 2026

4 / 9

Neutral

4/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 1.78 %
PassFCF > 0 — FCF last year = 75.08 mill.
FailFCF > net income (accrual quality) — FCF 75.08 vs. net income 124.66 (mill.)
FailRising ROA — ROA 1.78 % vs. prior year 8.43 %

Z-Score (original)

7.66

Safe zone

Z''-Score (non-manufacturing)

6.63

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.32
X2 — Retained earnings / Total assets	0.13
X3 — EBIT / Total assets	-0.01
X4 — Market cap / Total liabilities	11.21
X4 — Book equity / Total liabilities	0.86
X5 — Sales / Total assets	0.40