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Axon Enterprise, Inc. AXON Software and Services — Net Sales

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Other financials

Income statement

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Revenue$904.4M+35.3%
Gross profit$546.4M+35.3%
Operating income$46.8M+4,615%
Net income$29.4M-18.5%
EPS (diluted)$0.36-18.2%

Balance sheet

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Cash & equivalents$597.7M-2.9%
Total debt$1.8B-10.6%
Total equity$3.7B+34.5%
Total assets$7.5B+20.4%

Cash flow

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Operating cash flow-$31.5M-222%
CapEx$21.0M-8.3%
Free cash flow-$972.0K+99.2%

Valuation

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Market cap$49.13B-27.5%
Enterprise value$50.36B
P/E246.5×
P/S15.3×

Profitability

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Gross margin59.4%-1.1pp
Operating margin0.7%
Net margin6.2%-7.5pp
FCF margin4.1%-3.2pp

Returns & leverage

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Return on equity6.2%-7.8pp
Debt / equity0.5×-0.3×
Current ratio2.1×-0.8×

Where this comes from

Reported directly by Axon Enterprise, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Axon Enterprise, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053646
Line itemThree Months Ended June 30, 2026 / Connected DevicesThree Months Ended June 30, 2026 / Software and ServicesThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / Connected DevicesThree Months Ended June 30, 2025 / Software and ServicesThree Months Ended June 30, 2025 / Total
TASER (1)$261,321$261,321$216,234$216,234
Personal Sensors (2)95,39295,39292,81992,819
Platform Solutions (3)149,840149,84067,30767,307
Software and Services397,836397,836292,178292,178
Total$506,553$397,836$904,389$376,360$292,178$668,538

Item 1. Financial Statements

FAQ

What is Axon Enterprise, Inc.'s software and services — net sales?
Axon Enterprise, Inc. (AXON) reported software and services — net sales of $397.84M in Q2 2026.
How has Axon Enterprise, Inc.'s software and services — net sales changed year-over-year?
Axon Enterprise, Inc.'s software and services — net sales increased by 36.2% year-over-year, from $292.18M to $397.84M.
What does software and services — net sales mean?
This metric represents the total revenue generated from software subscriptions, cloud-based data management platforms, and associated professional services. It reflects the company's ability to monetize recurring digital solutions and integrated service offerings within its technology ecosystem. Growth in this area indicates successful adoption of high-margin, long-term service contracts and platform stickiness among enterprise and government clients.

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