What is Axon Enterprise, Inc.'s capex?

Axon Enterprise, Inc. (AXON) reported capex of $23.13M in Q1 2026.

How has Axon Enterprise, Inc.'s capex changed year-over-year?

Axon Enterprise, Inc.'s capex decreased by 7.0% year-over-year, from $24.86M to $23.13M.

What is the long-term trend for Axon Enterprise, Inc.'s capex?

Over 4 years (2021 to 2025), Axon Enterprise, Inc.'s capex has grown at a 28.6% compound annual growth rate (CAGR), from $49.89M to $136.26M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Axon Enterprise, Inc. AXON CapEx

CapEx at other companies

Motorola Solutions, Inc.MSI

$62M+67.6%

Tyler TechnologiesTYL

$3.24M+38.6%

i3 Verticals, Inc.IIIV

$407K-18.8%

Parsons CorporationPSN

$14.92M+10.7%

V2XVVX

$2.29M-15.1%

Aeva TechnologiesAEVA

$2.23M+385%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$31.5M-222%

Free cash flow-$54.6M-5,963%

Valuation

See full

Market cap$37.47B-39.4%

Enterprise value$38.84B-38.6%

P/E181.9×-7.6×

P/S12.6×-13.3×

Profitability

See full

Gross margin59.3%-1.3pp

Operating margin-0.8%—

Net margin6.9%-8.0pp

FCF margin0.7%-15.6pp

Returns & leverage

See full

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:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Axon Enterprise, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Axon Enterprise, Inc.'s capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Axon Enterprise, Inc.'s capex?: Axon Enterprise, Inc. (AXON) reported capex of $23.13M in Q1 2026.
How has Axon Enterprise, Inc.'s capex changed year-over-year?: Axon Enterprise, Inc.'s capex decreased by 7.0% year-over-year, from $24.86M to $23.13M.
What is the long-term trend for Axon Enterprise, Inc.'s capex?: Over 4 years (2021 to 2025), Axon Enterprise, Inc.'s capex has grown at a 28.6% compound annual growth rate (CAGR), from $49.89M to $136.26M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.