Axon Enterprise, Inc. SG&A decreased by 18.4% to $259.09M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.9%, from $223.51M to $259.09M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 19.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $177.66M | $99.30M | $111.29M | $90.13M | $95.01M | $102.02M | $112.17M | $115.95M | $119.31M | $122.36M | $137.27M | $151.08M | $170.96M | $192.19M | $227.02M | $223.51M | $242.21M | $252.80M | $317.37M | $259.09M |
| QoQ Change | — | -44.1% | +12.1% | -19.0% | +5.4% | +7.4% | +9.9% | +3.4% | +2.9% | +2.6% | +12.2% | +10.1% | +13.2% | +12.4% | +18.1% | -1.5% | +8.4% | +4.4% | +25.5% | -18.4% |
| YoY Change | — | — | — | — | -46.5% | +2.7% | +0.8% | +28.6% | +25.6% | +19.9% | +22.4% | +30.3% | +43.3% | +57.1% | +65.4% | +47.9% | +41.7% | +31.5% | +39.8% | +15.9% |
| Segment | FY'22 | FY'23 |
|---|---|---|
| Advertising | $2.30M | $1.90M |
| Total | $399.33M | $494.88M |
All segment values are derived from annual filings.