Axon Enterprise, Inc. Product — Cost of Sales decreased by 4.2% to $232.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.4%, from $170.18M to $232.16M. Over 4 years (FY 2021 to FY 2025), Product — Cost of Sales shows an upward trend with a 32.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests margin compression due to rising input costs or manufacturing inefficiencies, while a decrease relative to revenue suggests improved operational leverage.
This metric captures the direct costs associated with producing and delivering the physical goods sold within a specific...
Comparable to 'Cost of Goods Sold' (COGS) for hardware segments at peer technology or industrial companies.
axon_segment_product_cost_of_sales| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $65.30M | $71.34M | $64.85M | $79.35M | $87.50M | $93.72M | $102.64M | $107.58M | $101.19M | $116.28M | $125.66M | $152.16M | $145.15M | $156.17M | $164.66M | $170.18M | $193.51M | $203.17M | $242.44M | $232.16M |
| QoQ Change | — | +9.2% | -9.1% | +22.4% | +10.3% | +7.1% | +9.5% | +4.8% | -5.9% | +14.9% | +8.1% | +21.1% | -4.6% | +7.6% | +5.4% | +3.4% | +13.7% | +5.0% | +19.3% | -4.2% |
| YoY Change | — | — | — | — | +34.0% | +31.4% | +58.3% | +35.6% | +15.6% | +24.1% | +22.4% | +41.4% | +43.4% | +34.3% | +31.0% | +11.8% | +33.3% | +30.1% | +47.2% | +36.4% |