Axon Enterprise, Inc. CapEx decreased by 62.6% to $23.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.0%, from $24.86M to $23.13M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 28.6% CAGR.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
capital_expenditures| 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 | $13.51M | $12.47M | $13.39M | $17.10M | $12.75M | $14.37M | $11.58M | $8.51M | $13.14M | $13.97M | $24.01M | $16.19M | $11.32M | $26.47M | $24.80M | $24.86M | $22.95M | $26.64M | $61.81M | $23.13M |
| QoQ Change | — | -7.7% | +7.3% | +27.7% | -25.4% | +12.7% | -19.4% | -26.5% | +54.3% | +6.4% | +71.8% | -32.6% | -30.1% | +133.9% | -6.3% | +0.2% | -7.7% | +16.0% | +132.1% | -62.6% |
| YoY Change | — | — | — | — | -5.6% | +15.2% | -13.5% | -50.2% | +3.0% | -2.8% | +107.3% | +90.2% | -13.8% | +89.4% | +3.3% | +53.5% | +102.8% | +0.6% | +149.2% | -7.0% |