Meridian™
Universe

AXON · CIK 0001069183 · FY2025 live · 2025-12-31

AXON ENTERPRISE, INC.

DistressSEC 10-KClassic ZMaterials37th percentile in Materials · 260 names

View as

Model

Classic Z

FY2025

1.46

Zone

Distress

Prior

—

Market DD

—

1y PD

—

1.46

Z″ 3.38

−21.83.08+

Score 1.46 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.32
    1.2 × = 0.38

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.13
    1.4 × = 0.19

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.01
    3.3 × = −0.03

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    0.86
    0.6 × = 0.52

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.40
    1 × = 0.40

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

57.91

0–100 · Classic Z family

  • Book standing

    53

  • Year change

    —

  • Market PD

    —

  • O-score

    71

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

AXON ENTERPRISE, INC. is on classic Z at 1.46 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print; sales / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

Book screen Distress; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 37th percentile in Materials.

Filing line items

Current assets

$3.7B

Total assets

$7.0B

Current liabilities

$1.5B

Total liabilities

$3.8B

Working capital

$2.2B

Retained earnings

$937M

EBIT

−$62M

Total sales

$2.8B

Book equity

$3.2B

Accession 0001628280-26-011360. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.