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Axon Enterprise, Inc.

AXON

Axon Enterprise is a global technology leader providing an integrated ecosystem of hardware and software solutions designed for public safety and law enforcement.

Market cap
$48.35B-21.9%
Revenue$3.0B+34.0%
Net income$206.0M-37.9%
Free cash flow$19.5M-94.6%
EPS (diluted)$2.49-40.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 3 weeks)
Revenue estimate$876.5M
EPS estimate$1.83

Financials

Q1 2026

Income statement

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Revenue$807.3M+33.7%
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 & ratios

Valuation

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Market cap$48.35B-21.9%
Enterprise value$49.71B-21.5%
P/E234.7×+44.9×
P/S16.2×-9.7×

Profitability

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Gross margin59.3%-1.3pp
Operating margin-0.8%
Net margin6.9%-8.0pp
FCF margin0.7%-15.6pp

Returns & leverage

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

Segments

By product

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Software and Services$354.5M+34.9%
TASER$232.9M+19.1%
Platform Solutions$111.2M+95.1%
Personal Sensors$108.8M+23.0%

By segment

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Connected Devices$452.8M+32.8%

Competitors

Profile

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.

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.

GeographiesUnited States, Europe, Asia, Americas
Customer segmentsLaw Enforcement Agencies, Federal and Military, Commercial Enterprises, Legal Professionals
Business modelSubscription SaaS, Hardware-as-a-Service, Direct-to-Government Sales
SuppliersElectronic component manufacturers, Cloud infrastructure providers, Battery cell suppliers, Specialized sensor fabricators
CustomersMunicipal police departments, National security agencies, Correctional facilities, Private security firms
Listed2001
Employees4.3K
CEOPatrick W. Smith
FilingsSEC EDGAR

Questions, answered.

What is Axon Enterprise, Inc.'s market cap?
Axon Enterprise, Inc. (AXON) has a market capitalization of $48.3B and trades on NASDAQ.
What is Axon Enterprise, Inc.'s revenue and profitability?
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.
Who are Axon Enterprise, Inc.'s competitors?
Axon Enterprise, Inc.'s key competitors include Wrap Technologies, Motorola Solutions, Knightscope, Inc. Class A Common Stock, and others. These companies compete in similar markets and product categories.
Who does Axon Enterprise, Inc. partner with?
Axon Enterprise, Inc.'s notable partners include Microsoft, Skydio.
What subsidiaries does Axon Enterprise, Inc. have?
Axon Enterprise, Inc.'s subsidiaries include Sky-Hero, My90.
Where is Axon Enterprise, Inc. headquartered?
Axon Enterprise, Inc. is headquartered in United States of America and employs approximately 4,260 people. It has been publicly traded since 2001.