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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$45.19B-26.1%
Enterprise value$46.56B-25.6%
P/E219.4×+32.1×
P/S15.2×-10.4×

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?
Axon Enterprise, Inc. (AXON) reported SG&A of $259.09M in Q1 2026.
How has Axon Enterprise, Inc.'s SG&A changed year-over-year?
Axon Enterprise, Inc.'s SG&A increased by 15.9% year-over-year, from $223.51M to $259.09M.
What is the long-term trend for Axon Enterprise, Inc.'s SG&A?
Over 4 years (2021 to 2025), Axon Enterprise, Inc.'s SG&A has grown at a 19.1% compound annual growth rate (CAGR), from $514.85M to $1.04B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.