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Axon Enterprise, Inc. AXON Connected Devices — D&A

Other segment segments

Software and Services
$3.96M

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Other financials

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

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Market cap$37.47B-39.4%
Enterprise value$38.84B-38.6%
P/E181.9×-7.6×
P/S12.6×-13.3×

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×

Where this comes from

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

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

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 connected devices — D&A?
Axon Enterprise, Inc. (AXON) reported connected devices — D&A of $11.77M in Q1 2026.
How has Axon Enterprise, Inc.'s connected devices — D&A changed year-over-year?
Axon Enterprise, Inc.'s connected devices — D&A increased by 26.7% year-over-year, from $9.29M to $11.77M.
What is the long-term trend for Axon Enterprise, Inc.'s connected devices — D&A?
Over 2 years (2023 to 2025), Axon Enterprise, Inc.'s connected devices — D&A has grown at a 64.5% compound annual growth rate (CAGR), from $14.12M to $38.19M.
What does connected devices — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the segment. This reflects the ongoing consumption of capital investments required to maintain operations. It is a critical component for calculating EBITDA and assessing capital intensity.