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EV / sales at other companies

Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
6.8×-0.3×
Applovin Corporation logo
Applovin CorporationAPP
21.9×-3.3×

Other financials

Income statement

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Revenue$807.3M+33.8%
Gross profit$477.3M+30.5%
Operating income$29.2M+433%
Net income$169.3M+92.4%
EPS (diluted)$2.05+89.8%

Balance sheet

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Cash & equivalents$458.9M-58.0%
Total debt$1.8B-10.7%
Total equity$3.5B+38.3%
Total assets$7.1B+16.2%

Cash flow

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Operating cash flow-$31.5M-222%
CapEx$23.1M-7.0%
Free cash flow-$54.6M-5,963%

Valuation

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Market cap$0-16.4%

Profitability

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Gross margin59.3%-1.3pp
Operating margin-0.8%
Net margin6.9%-8.0pp

Returns & leverage

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Return on equity6.8%-8.4pp
Debt / equity0.5×-0.3×
Current ratio2.3×-0.6×

Where this comes from

Calculated from Axon Enterprise, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Axon Enterprise, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axon Enterprise, Inc.'s EV / sales?
Axon Enterprise, Inc. (AAXN) reported EV / sales of 11.9× in Q1 2026.
How has Axon Enterprise, Inc.'s EV / sales changed year-over-year?
Axon Enterprise, Inc.'s EV / sales decreased by 36.6% year-over-year, from 18.8× to 11.9×.
What is the long-term trend for Axon Enterprise, Inc.'s EV / sales?
Over 3 years (2022 to 2025), Axon Enterprise, Inc.'s EV / sales has grown at a 35.4% compound annual growth rate (CAGR), from 33.8× to 84×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.