Axon Enterprise

Axon EnterpriseAXONEarnings & Financial Report

Nasdaq · Industrials · Ordnance & Accessories, (No Vehicles/Guided Missiles)

Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops weapons and technology products for military, law enforcement, and civilians.

AXON Q1 FY2026 Key Financial Metrics

Revenue

$807.3M

Gross Profit

$477.3M

Operating Profit

$359.3M

Net Profit

$169.3M

Gross Margin

59.1%

Operating Margin

44.5%

Net Margin

21.0%

YoY Growth

33.7%

EPS

$2.05

Axon Enterprise Q1 FY2026 Financial Summary

Axon Enterprise reported revenue of $807.3M (up 33.7% YoY) for Q1 FY2026, with a net profit of $169.3M (21.0% margin). Cost of goods sold was $330.1M, operating expenses totaled $118.0M.

Key Financial Metrics

Total Revenue$807.3M
Net Profit$169.3M
Gross Margin59.1%
Operating Margin44.5%
Report PeriodQ1 FY2026

Axon Enterprise Annual Revenue by Year

Axon Enterprise annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.8B).

YearAnnual Revenue
2025$2.8Bvs 2024
2024$2.1Bvs 2023
2023$1.6Bvs 2022
2022$1.2B

Axon Enterprise Quarterly Revenue & Net Profit History

Axon Enterprise results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$807.3M+33.7%$169.3M21.0%
Q4 FY2025$796.7M+38.9%$2.7M0.3%
Q3 FY2025$710.6M+30.6%$-2.2M-0.3%
Q2 FY2025$668.5M+32.6%$36.1M5.4%
Q1 FY2025$603.6M+31.0%$88.0M14.6%
Q4 FY2024$573.4M+32.7%$136.0M23.7%
Q3 FY2024$544.3M+31.6%$67.0M12.3%
Q2 FY2024$504.1M+34.6%$40.8M8.1%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$504.1M$544.3M$573.4M$603.6M$668.5M$710.6M$796.7M$807.3M
YoY Growth34.6%31.6%32.7%31.0%32.6%30.6%38.9%33.7%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$3.74B$4.01B$4.47B$6.08B$6.22B$6.66B$7.00B$7.07B
Liabilities$1.81B$1.91B$2.15B$3.53B$3.48B$3.63B$3.76B$3.53B
Equity$1.93B$2.10B$2.33B$2.56B$2.73B$3.03B$3.24B$3.53B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$82.8M$91.3M$250.2M$25.8M$-91.7M$60.0M$217.2M