Axon Enterprise, Inc. R&D decreased by 2.6% to $188.95M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.1%, from $151.02M to $188.95M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 37.0% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
High spending signals a commitment to future growth and innovation, though it reduces current period earnings.
Detailed definition
Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...
Peer comparison
Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.
Metric ID:
research_and_developmentHistorical Data
20 periods
| 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 | $53.95M | $42.38M | $50.67M | $48.42M | $57.55M | $59.13M | $68.72M | $70.93M | $71.94M | $76.88M | $83.97M | $91.10M | $101.43M | $114.48M | $134.59M | $151.02M | $162.57M | $176.67M | $194.04M | $188.95M |
| QoQ Change | — | -21.4% | +19.6% | -4.5% | +18.9% | +2.7% | +16.2% | +3.2% | +1.4% | +6.9% | +9.2% | +8.5% | +11.3% | +12.9% | +17.6% | +12.2% | +7.6% | +8.7% | +9.8% | -2.6% |
| YoY Change | — | — | — | — | +6.7% | +39.5% | +35.6% | +46.5% | +25.0% | +30.0% | +22.2% | +28.4% | +41.0% | +48.9% | +60.3% | +65.8% | +60.3% | +54.3% | +44.2% | +25.1% |
Range$42.38M – $194.04M
CAGR+30.2%
Avg YoY Growth+39.6%
Median YoY Growth+40.3%
Business Segments
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Software And Sensors | $38.52M | $44.23M | $45.26M | $54.19M | $54.85M | $57.56M | $61.21M | $67.71M |
| Taser | $9.90M | $13.32M | $13.86M | $14.53M | $16.08M | $14.38M | $15.67M | $16.27M |
| Total | $48.42M | $57.55M | $59.13M | $68.72M | $70.93M | $71.94M | $76.88M | $83.97M |
Software And Sensors, Taser were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
R&D at Other Companies
Frequently Asked Questions
- What is Axon Enterprise, Inc.'s r&d?
- Axon Enterprise, Inc. (AXON) reported r&d of $188.95M in Q1 2026.
- How has Axon Enterprise, Inc.'s r&d changed year-over-year?
- Axon Enterprise, Inc.'s r&d increased by 25.1% year-over-year, from $151.02M to $188.95M.
- What is the long-term trend for Axon Enterprise, Inc.'s r&d?
- Over 4 years (2021 to 2025), Axon Enterprise, Inc.'s r&d has grown at a 37.0% compound annual growth rate (CAGR), from $194.03M to $684.31M.
- What does r&d mean?
- The money spent on creating new technology and improving existing products.