Axon's core business continues to deliver exceptional top-line momentum, with revenue growing 35.3% YoY in 2026Q2 to $904.4M, marking the tenth consecutive quarter of 30%+ growth.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 35.3% YoY in 2026Q2, reaching $904.4M, while gross margin held at 60.4%, but operating margin remained thin at 5.2% due to R&D and SG&A consuming 55% of revenue.
Axon Enterprise has demonstrated robust revenue growth, as highlighted by RadnorCapital, contributing to a 10.12% stock price appreciation post-coverage.
The company is expanding its reach internationally and within federal markets, which is a key driver for future growth.
Axon's products are gaining traction in the AI era, with strong adoption rates fueling its bullish thesis.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $1.72-9.0% vs $1.89 | $909M-2.8% vs $934M |
Q3 2026 Aug 5, 2026 | $1.88+2.2% vs $1.84 | $904M+3.2% vs $876M |
Q2 2026 May 6, 2026 | $1.61+0.6% vs $1.60 | $807M+3.4% vs $781M |
Q1 2026 Feb 24, 2026 | $2.15+34.4% vs $1.60 | $797M+5.4% vs $756M |
A delay in Federal Dedrone deployments caused Axon to miss revenue estimates in the third quarter. It also cut its free cash flow guidance as it invests in higher inventory levels.
Axon buried its biggest bet ever inside an earnings release that missed estimates and trimmed guidance, and Wall Street sent the stock sliding. Was the market punishing a stumble, or overlooking the move that shapes what comes next?
Wall Street is looking to finish the week lower, despite sporting modest gains today as AI data center buildout concerns slow
Axon cuts its 2026 revenue outlook amid federal counter-drone delays, even as AI adoption, software growth and a $1.2 billion Skydio investment fuel expansion.
Benchmark AXON against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Axon Enterprise, Inc. (AXON)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $313.00 | $25.23B | 101.22 | 33.47% | 7.57% | 7.28% | — | |
| $170.14 | $6.57B | 21.72 | 3.69% | 15.03% | 21.79% | 1.23% | |
| $3.16 | $883.41M | -2.50 | 17.18% | -22.33% | -26.38% | — | |
| $514.51 | $85.41B | 41.33 | 8% | 16.54% | 77.44% | 0.84% | |
| $1.18 | $65.77M | -4.87 | 3.66% | -223.08% | -101.24% | — | |
| $59.27 | $560.41M | 13.14 | 26.52% | 31.05% | 10.39% | — |
Axon Enterprise, Inc. (AXON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Axon Enterprise, Inc. (AXON) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
Jul 10, 2026·SEC
Jun 1, 2026·SEC
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Axon Enterprise, Inc. (AXON) stock FAQ — growth, dividends, profitability & financials explained
Axon Enterprise, Inc. (AXON) reported $3.42B in revenue over the trailing twelve months. Revenue was $2.78B in fiscal year 2025. That is 81349% more than the $3.4M of fiscal year 2000.
Axon Enterprise, Inc. (AXON) grew revenue by 33.6% over the trailing twelve months, compared with the twelve months before.
Yes. Axon Enterprise, Inc. (AXON) earned $258.7M in net income over the trailing twelve months (a 7.6% net margin).
Axon Enterprise, Inc. (AXON) had a return on equity (ROE) of 7.3% over the trailing twelve months. That is below the market's typical 10-15%.
Axon Enterprise, Inc. (AXON) generated $80.9M in free cash flow over the trailing twelve months.
