Non-Current Assets

Goodwill

Axon Enterprise, Inc. Goodwill increased by 38.3% to $1.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 150.6%, from $755.88M to $1.89B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 122.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...

Peer comparison

Standard metric for companies that grow through acquisition; comparable across all industries.

Metric ID: goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$25.18M$25.57M$43.59M$43.61M$45.00M$44.82M$44.98M$44.98M$57.74M$57.34M$57.95M$250.10M$307.76M$308.47M$756.84M$755.88M$762.25M$773.39M$1.37B$1.89B
QoQ Change+1.6%+70.5%+0.0%+3.2%-0.4%+0.4%-0.0%+28.4%-0.7%+1.0%+331.6%+23.1%+0.2%+145.4%-0.1%+0.8%+1.5%+77.2%+38.3%
YoY Change+78.7%+75.3%+3.2%+3.2%+28.3%+27.9%+28.8%+456.0%+433.0%+437.9%>999%+202.2%+147.7%+150.7%+81.0%+150.6%
Range$25.18M$1.89B
CAGR+148.3%
Avg YoY Growth+219.4%
Median YoY Growth+114.4%
Current Streak4 quarters growth

Business Segments — Software and Services

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Software and Services$709.25M$710.74M$722.14M$1.32B$1.84B
Connected Devices$46.63M$51.51M$51.24M$51.25M$51.23M
TASER$2.91M$2.97M$2.85M
TASER Devices$0.00
Total$307.76M$308.47M$756.84M$755.88M$762.25M$773.39M$1.37B$1.89B

TASER was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Software and Sensors

View all
SegmentQ4 '21Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Software and Sensors$42.20M$42.03M$54.96M$305.52M$304.85M$305.50M$753.99M
Total$43.59M$44.98M$57.95M$250.10M$307.76M$308.47M$756.84M

Software and Sensors was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Goodwill at Other Companies

Frequently Asked Questions

What is Axon Enterprise, Inc.'s goodwill?
Axon Enterprise, Inc. (AAXN) reported goodwill of $1.89B in Q1 2026.
How has Axon Enterprise, Inc.'s goodwill changed year-over-year?
Axon Enterprise, Inc.'s goodwill increased by 150.6% year-over-year, from $755.88M to $1.89B.
What is the long-term trend for Axon Enterprise, Inc.'s goodwill?
Over 5 years (2020 to 2025), Axon Enterprise, Inc.'s goodwill has grown at a 122.4% compound annual growth rate (CAGR), from $25.21M to $1.37B.
What does goodwill mean?
The excess price paid for an acquisition over the fair value of its net assets.