AAX

Axon Enterprise, Inc.

AAXNXNASStock Fundamentals

Axon Enterprise is a global technology leader providing an integrated ecosystem of hardware and software solutions designed for public safety and law enforcement. The company specializes in a unified, data-driven operating system that combines energy devices, body-worn cameras, and cloud-based evidence management to enhance transparency and operational efficiency.

Revenue TTM$3.0B
Net Income TTM$206.0M
P/E Ratio151.90
Net Margin6.9%
EPS TTM$2.48
Free Cash Flow TTM$19.5M
CountryUnited States of America
SegmentsAerospace & Defense, Public Safety Technology, Software-as-a-Service (SaaS)
Business ModelsSubscription SaaS, Hardware-as-a-Service, Direct-to-Government Sales

Financials

Based on Q1 2026 filing

Gross Margin59.32%
Op. Margin-0.81%
ROE6.76%
D/E51.73%
Current Ratio2.27
Total Debt$1.8B
Cash$458.9M
CapEx TTM$134.5M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Software and Sensors

primary

Includes the development of connected hardware such as body cameras and the proprietary cloud-based software platform for digital evidence and records management.

Products

Axon Body 4, Axon Flex 2, Axon Fleet 3, Axon Evidence, Axon Records, Axon Respond, Axon Air

Customers

Police Departments, Justice Systems, Emergency Medical Services, Fire Departments

TASER

major

Focuses on the development and sale of conducted energy devices designed to incapacitate subjects safely. This segment provides non-lethal alternatives to firearms for law enforcement and civilian use.

Products

TASER 10, TASER 7, TASER X2, TASER Pulse+

Customers

Law Enforcement, Federal Agencies, Private Security, Civilians

Segment Financials

Personal Sensors — Net Sales

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Platform Solutions — Net Sales

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TASER — Net Sales

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Business Overview

Competitive Position

Axon maintains a dominant market position through its proprietary integrated network of hardware and software, creating high switching costs and a first-mover advantage in digital evidence management.

Geographies

United States, Europe, Asia, Americas

Customer Segments

Law Enforcement Agencies, Federal and Military, Commercial Enterprises, Legal Professionals

Upstream Dependencies

Electronic component manufacturers, Cloud infrastructure providers, Battery cell suppliers, Specialized sensor fabricators

Downstream Customers

Municipal police departments, National security agencies, Correctional facilities, Private security firms

Competitors & Partners

Partners

Microsoft logo

Microsoft

MSFT

Cloud infrastructure provider for Axon Evidence via Azure

S

Skydio

Drone hardware integration partner for Axon Air

Subsidiaries

S

Sky-Hero

Tactical drone and robotics manufacturer

M

My90

Community engagement and feedback platform

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Axon Enterprise, Inc. FAQ

Common questions about Axon Enterprise, Inc.

Axon Enterprise is a global technology leader providing an integrated ecosystem of hardware and software solutions designed for public safety and law enforcement. The company specializes in a unified, data-driven operating system that combines energy devices, body-worn cameras, and cloud-based evidence management to enhance transparency and operational efficiency.

Axon Enterprise, Inc. generated $3.0B in trailing twelve-month revenue with net income of $206.0M, representing a net margin of 6.9%. Gross margin stands at 59.3%, with free cash flow of $19.5M. These figures are based on the Q1 2026 filing.

Axon Enterprise, Inc.'s key competitors include Motorola Solutions, Wrap Technologies, Applovin Corporation Class A Common Stock. These companies compete in similar markets and product categories.