What is Axon Enterprise, Inc.'s inventories?

Axon Enterprise, Inc. (AXON) reported inventories of $408.01M in Q1 2026.

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

Axon Enterprise, Inc.'s inventories increased by 45.9% year-over-year, from $279.67M to $408.01M.

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

Over 5 years (2020 to 2025), Axon Enterprise, Inc.'s inventories has grown at a 30.6% compound annual growth rate (CAGR), from $89.96M to $341.81M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Axon Enterprise, Inc. AXON Inventories

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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%

CapEx$23.1M-7.0%

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

Valuation

See full

Market cap$45.19B-27.8%

Enterprise value$46.56B-27.3%

P/E219.4×+27.6×

P/S15.2×-11.0×

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:InventoryNet.

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 inventories?: Axon Enterprise, Inc. (AXON) reported inventories of $408.01M in Q1 2026.
How has Axon Enterprise, Inc.'s inventories changed year-over-year?: Axon Enterprise, Inc.'s inventories increased by 45.9% year-over-year, from $279.67M to $408.01M.
What is the long-term trend for Axon Enterprise, Inc.'s inventories?: Over 5 years (2020 to 2025), Axon Enterprise, Inc.'s inventories has grown at a 30.6% compound annual growth rate (CAGR), from $89.96M to $341.81M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.