Is it safe?
Can AXON take a bad year?
Axon Enterprise carries $1.06B of net debt at 10.4× EBITDA: a heavy load to carry through a bad year.
$1.06B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 10.4×
Net debt / EBITDA · 4.34× a year ago · the load is going up
- Altman Z-score
- 6.78
Altman Z-score · safe zone, above 3
- Interest cover
- 0.21×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ2 2026
- $1.73B
- Cash and short-term investments
- $673M
- Net debt
- $1.06B
- EBITDA, trailing twelve months
- $101M
- Operating profit, trailing twelve months
- $24M
- Debt / equity
- 0.47×
- Total debt / EBITDA
- 17.1×
- Annualised volatilitytwo years of daily moves
- 61%
- Worst drawdown on file
- −60%
- Below its 52-week high
- −30%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #31 of 48 by Smart Score