Products & Services · Cost of Sales

Product — Cost of Sales

Axon Enterprise, Inc. Product — Cost of Sales decreased by 4.2% to $232.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.4%, from $170.18M to $232.16M. Over 4 years (FY 2021 to FY 2025), Product — Cost of Sales shows an upward trend with a 32.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests margin compression due to rising input costs or manufacturing inefficiencies, while a decrease relative to revenue suggests improved operational leverage.

Detailed definition

This metric captures the direct costs associated with producing and delivering the physical goods sold within a specific...

Peer comparison

Comparable to 'Cost of Goods Sold' (COGS) for hardware segments at peer technology or industrial companies.

Metric ID: axon_segment_product_cost_of_sales

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$65.30M$71.34M$64.85M$79.35M$87.50M$93.72M$102.64M$107.58M$101.19M$116.28M$125.66M$152.16M$145.15M$156.17M$164.66M$170.18M$193.51M$203.17M$242.44M$232.16M
QoQ Change+9.2%-9.1%+22.4%+10.3%+7.1%+9.5%+4.8%-5.9%+14.9%+8.1%+21.1%-4.6%+7.6%+5.4%+3.4%+13.7%+5.0%+19.3%-4.2%
YoY Change+34.0%+31.4%+58.3%+35.6%+15.6%+24.1%+22.4%+41.4%+43.4%+34.3%+31.0%+11.8%+33.3%+30.1%+47.2%+36.4%
Range$64.85M$242.44M
CAGR+30.6%
Avg YoY Growth+33.2%
Median YoY Growth+33.7%

Frequently Asked Questions

What is Axon Enterprise, Inc.'s product — cost of sales?
Axon Enterprise, Inc. (AXON) reported product — cost of sales of $232.16M in Q1 2026.
How has Axon Enterprise, Inc.'s product — cost of sales changed year-over-year?
Axon Enterprise, Inc.'s product — cost of sales increased by 36.4% year-over-year, from $170.18M to $232.16M.
What is the long-term trend for Axon Enterprise, Inc.'s product — cost of sales?
Over 4 years (2021 to 2025), Axon Enterprise, Inc.'s product — cost of sales has grown at a 32.8% compound annual growth rate (CAGR), from $260.10M to $809.30M.
What does product — cost of sales mean?
The total direct costs incurred to manufacture and deliver the products sold to customers.