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Axon Enterprise, Inc. AXON Software and Services — Goodwill

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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:Goodwill.

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 software and services — goodwill?
Axon Enterprise, Inc. (AXON) reported software and services — goodwill of $1.84B in Q1 2026.
How has Axon Enterprise, Inc.'s software and services — goodwill changed year-over-year?
Axon Enterprise, Inc.'s software and services — goodwill increased by 159.9% year-over-year, from $709.25M to $1.84B.
What does software and services — goodwill mean?
Represents the total carrying value of goodwill allocated to the software and services business segment. This reflects the premium paid over the fair value of net identifiable assets during acquisitions within this specific business unit. It serves as an indicator of the segment's historical acquisition activity and long-term strategic value.