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Axon Enterprise, Inc.

AXON
$522.46
$-87.03 (-14.28%)-14.28%
Closed

Axon beats Q2 2026 estimates with EPS $1.88, 35% revenue growth to $904M, raises 2026 revenue outlook to 32%–34%

Loading chart...
IndexN/A
Market Cap42.11B
Enterprise Value46.37B
Income$0.09B
Sales$0.60B
Employees4,100
P/E76.72
P/S16.43
P/B14.08
P/C608.15
EV/EBITDA236.13
EV/Sales80.14
EPS (ttm)6.81
Earnings2025-11-04
Gross Margin60.59%
Oper. Margin-1.31%
Profit Margin14.58%
Volume2.17M
Shs Outstand0.08B
Change-14.28%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD12.88%
Perf Year7.10%
Perf 3Y244.79%
Perf 5Y299.12%
Perf 10Y4286.48%
IPO2001-06-19
Income Statement by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Revenue$2.08B$1.56B$1.19B$863.38M$681.00M$530.86M$420.07M$343.80M
Cost of Revenue$841.15M$605.25M$461.30M$332.30M$264.67M$223.57M$161.49M$136.71M
Gross Profit$1.24B$955.45M$728.64M$531.09M$416.33M$307.29M$258.58M$207.09M
Gross Margin59.61%61.22%61.23%61.51%61.13%57.88%61.56%60.24%
Operating Expenses$1.18B$796.00M$635.38M$697.91M$430.48M$312.38M$231.74M$194.06M
Operating Income$58.54M$159.45M$93.25M$-166.82M$-14.15M$-5.09M$26.84M$13.02M
Operating Margin2.81%10.22%7.84%-19.32%-2.08%-0.96%6.39%3.79%
Net Income$377.03M$175.78M$147.14M$-60.02M$-1.72M$882.00K$29.20M$5.21M
Net Margin18.10%11.26%12.37%-6.95%-0.25%0.17%6.95%1.51%
EPS (Basic)$4.98$2.37$2.07$-0.91$-0.03$0.01$0.52$0.10
EBITDA$437.03M$183.37M$227.62M$-117.11M$6.28M$13.43M$38.72M$23.80M
Stock Option Compensation Expense$382.60M$131.36M$106.18M$303.33M$133.57M$78.50M$21.88M$15.61M
Price To Earnings Ratio119.40109.0480.17-173.15-4391.044917.7484.48268.34
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market Capitalization$45.02B$19.17B$11.80B$10.39B$7.57B$4.34B$2.47B$1.40B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$4.47B$3.41B$2.85B$1.69B$1.38B$845.64M$719.54M$338.11M
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$2.15B$1.79B$1.58B$640.36M$404.77M$302.14M$252.22M$170.67M
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$2.33B$1.61B$1.27B$1.05B$976.25M$543.50M$467.32M$167.44M
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$2.33B$1.61B$1.27B$1.05B$976.25M$543.50M$467.32M$167.44M
Total Liabilities & Stockholders Equity$4.47B$3.41B$2.85B$1.69B$1.38B$845.64M$719.54M$338.11M
Book Value Per Share$30.73$21.78$17.84$15.83$15.80$9.18$8.29$3.18
Tangible Book Value Per Share$18.43$20.73$17.04$14.94$15.24$8.54$7.56$2.54
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on Assets8.43%5.16%5.16%-3.56%-0.12%0.10%4.06%1.54%
Return on Equity16.20%10.90%11.60%-5.73%-0.18%0.16%6.25%3.11%
Return on Invested Capital1.66%6.02%3.10%-5.58%-0.34%-0.33%4.85%1.87%
Quick Ratio1.212.792.662.393.482.973.161.48
Current Ratio1.373.143.002.653.833.173.361.90
Cash Flow by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Net Income$377.03M$175.78M$147.14M$-60.02M$-1.72M$882.00K$29.20M$5.21M
Depreciation$48.42M$19.32M$31.11M$24.27M$12.47M$11.36M$10.62M$8.04M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$408.31M$189.26M$235.36M$124.49M$38.48M$65.67M$63.88M$18.49M
Capital Expenditures$78.78M$59.63M$56.11M$50.28M$72.87M$16.34M$11.70M$11.44M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends Paid$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$0.00$0.00$74.00K$0.00$0.00$0.00$0.00$0.00
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash Flow$329.53M$128.99M$179.25M$74.22M$-34.39M$49.33M$52.18M$7.05M
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Yesterday · 1:41PMAXON Q2 Earnings Miss Estimates Despite Strong Software and Device Growthzacks.com ↗Yesterday · 11:15AMAxon Enterprise vs. Booking: Which Stock Is a Better Buy in 2026?fool.com ↗Yesterday · 11:02AMAXON Q2 Earnings Call Highlights Higher Revenue Outlookzacks.com ↗Yesterday · 3:09AM180 Wealth Advisors LLC Grows Stock Position in Axon Enterprise, Inc $AXONdefenseworld.net ↗Yesterday · 2:00AMAxon Enterprise Inc (AXON) (Q2 2026) Earnings Call Highlights: Record Revenue Surges 35% as AI and Counter-Drone Momentum Accelerategurufocus.com ↗Yesterday · 12:24AMAxon Just Delivered a Huge Beat-and-Raise. So Why Is the Stock Down?fool.com ↗Aug 5 · 8:40PMAxon Enterprise, Inc. (AXON) Q2 2026 Earnings Call Transcriptseekingalpha.com ↗Aug 5 · 7:05PMAxon Enterprise Q2 Earnings Call Highlightsmarketbeat.com ↗
Show 12 more stories↓
Aug 5 · 6:32PMAxon (AXON) Reports Q2 Earnings: What Key Metrics Have to Sayzacks.com ↗Aug 5 · 6:26PMAxon posts lower quarterly gross margin on higher mix of services, new product scalingreuters.com ↗Aug 5 · 6:26PMAxon Enterprise (AXON) Q2 Earnings Miss Estimateszacks.com ↗Aug 5 · 5:46PMAxon Enterprise Stock Slips After Q2 Earningsbenzinga.com ↗Aug 5 · 4:01PMAxon reports Q2 2026 revenue of $904 million, up 35% year over yearprnewswire.com ↗Aug 5 · 2:32PMAirbnb vs. Axon Enterprise: Which Consumer Stock Is a Better Buy in 2026?fool.com ↗Aug 4 · 4:38PMAxon Enterprise vs. Carnival: Should Investors Think Personal Defense or Personal Time in 2026?fool.com ↗Aug 4 · 3:09PMAxon Enterprise vs. Beyond Meat: Which Stock Is a Better Buy in 2026?fool.com ↗Aug 4 · 10:31AMIs It Worth Investing in Axon (AXON) Based on Wall Street's Bullish Views?zacks.com ↗Aug 3 · 12:06PMAxon Enterprise Q2 Earnings on Deck: How to Approach the Stock Now?zacks.com ↗Aug 3 · 8:37AMWhich Aerospace and Defense ETF Is the Better Buy: State Street's XAR or First Trust's MISL?fool.com ↗Aug 2 · 9:49PMChipotle Mexican Grill vs. Axon Enterprise: Comparing Recent Revenue Trends for These S&P 500 Companiesfool.com ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
Brooks Cameron
Award
2.5K
—
—
Aug 5, 26
Kunins Jeffrey C
Award
29.5K
—
—
Aug 5, 26
Bagley Brittany
Award
22.7K
—
—
Aug 5, 26
Isner Joshua
Award
78.2K
—
—
Aug 5, 26
MATTHEW R MCBRADY
Sell
1.0K
$599.45
$599K
Aug 4, 26

Company

CEO: Patrick W. SmithEmployees: 6300www.axon.com
About the company↓

Axon Enterprise, Inc., founded in 1993 and headquartered in Scottsdale, Arizona, was previously known as TASER International, Inc. until its rebranding in April 2017. The company specializes in the development, production, and sale of conducted energy devices (CEDs) marketed under its well-known TASER brand, catering to both domestic and international clients. Axon's operations are divided into two primary segments: TASER, and Software and Sensors. In addition to its signature TASER devices, such as the TASER 7, X26P, X2, and consumer models, along with their corresponding cartridges, Axon offers an extensive portfolio of hardware and cloud-based software. These solutions are designed to equip law enforcement agencies with the means to capture, securely archive, manage, share, and analyze video and other digital evidence. Key products in this category include on-officer body cameras, Axon Fleet in-car systems, the Axon Evidence digital evidence management platform, Axon Signal-enabled devices, extended hardware warranties, and vital accessories like docks, cartridges, and batteries. Axon distributes its offerings through multiple channels, including its dedicated direct sales force, various distribution partners, its online storefront, and authorized third-party resellers. Furthermore, the company has established a strategic partnership with Fusus, Inc. to enhance the functionality of Axon Respond and the Fusus Real Time Crime Center in the Cloud solution, providing agencies with real-time operational awareness and more efficient investigative processes.

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