What is Axon Enterprise, Inc.'s shares (diluted)?

Axon Enterprise, Inc. (AXON) reported shares (diluted) of 82.5M in Q1 2026.

How has Axon Enterprise, Inc.'s shares (diluted) changed year-over-year?

Axon Enterprise, Inc.'s shares (diluted) increased by 1.2% year-over-year, from 81.5M to 82.5M.

What does shares (diluted) mean?

The total number of shares that would exist if all 'potential' shares, like employee stock options, were converted into real stock.

Earnings Per Share

Shares (Diluted)

Axon Enterprise, Inc. Shares (Diluted) increased by 5.2% to 82.5M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from 81.5M to 82.5M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionEarnings Per Share

CategoryCapital Allocation

SignalLower is better

VolatilityStable

First reportedQ4 2013

Last reportedQ4 2025

How to read this metric

An increase relative to basic shares indicates a higher reliance on equity-based compensation or convertible debt financing.

Detailed definition

Weighted-average shares outstanding (diluted) includes the total number of basic common shares plus all additional share...

Peer comparison

Commonly compared against basic shares to determine the 'dilution overhang' present in a company's capital structure.

Metric ID: weighted_shares_diluted

Historical Data

15 periods

	Q2 '21	Q3 '21	Q1 '22	Q2 '22	Q3 '22	Q1 '23	Q2 '23	Q3 '23	Q1 '24	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q1 '26
Value	65.2M	72.4M	72.3M	72.3M	72.5M	73.9M	75.8M	76M	77.1M	77.6M	78.1M	81.5M	82.1M	78.4M	82.5M
QoQ Change	—	+11.2%	-0.1%	-0.1%	+0.3%	+1.9%	+2.6%	+0.2%	+1.6%	+0.5%	+0.7%	+4.4%	+0.7%	-4.4%	+5.2%
YoY Change	—	—	—	+10.9%	+0.1%	+2.1%	+4.8%	+4.7%	+4.4%	+2.3%	+2.8%	+5.6%	+5.8%	+0.4%	+1.2%

Range65.2M – 82.5M

CAGR+7.0%

Avg YoY Growth+3.8%

Median YoY Growth+3.6%

Shares (Diluted) at Other Companies

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Frequently Asked Questions

What is Axon Enterprise, Inc.'s shares (diluted)?: Axon Enterprise, Inc. (AXON) reported shares (diluted) of 82.5M in Q1 2026.
How has Axon Enterprise, Inc.'s shares (diluted) changed year-over-year?: Axon Enterprise, Inc.'s shares (diluted) increased by 1.2% year-over-year, from 81.5M to 82.5M.
What does shares (diluted) mean?: The total number of shares that would exist if all 'potential' shares, like employee stock options, were converted into real stock.