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Axon Enterprise, Inc. AXON Connected Devices — Provisions for inventory

Other segment segments

Software and Services
$0

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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:InventoryWriteDown.

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 — provisions for inventory?
Axon Enterprise, Inc. (AXON) reported connected devices — provisions for inventory of $937K in Q1 2026.
How has Axon Enterprise, Inc.'s connected devices — provisions for inventory changed year-over-year?
Axon Enterprise, Inc.'s connected devices — provisions for inventory increased by 10.8% year-over-year, from $846K to $937K.
What is the long-term trend for Axon Enterprise, Inc.'s connected devices — provisions for inventory?
Over 2 years (2023 to 2025), Axon Enterprise, Inc.'s connected devices — provisions for inventory has grown at a -3.7% compound annual growth rate (CAGR), from $4.39M to $4.08M.
What does connected devices — provisions for inventory mean?
This metric represents the expense recognized when the carrying value of inventory is adjusted downward due to obsolescence, damage, or market price declines. It reflects the financial impact of managing product lifecycles and inventory quality within the hardware and connected devices segment. High provisions often indicate potential issues with inventory turnover or rapid technological shifts in the product portfolio.