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AXON logoAxon Enterprise, Inc. (AXON) Earnings History

Annual and quarterly earnings data from 2000 to 2025

TTM Net Income
$206M
Profitable
TTM EPS
$2.50
Diluted
YoY EPS Growth
-68.5%
Declining
Net Margin
4.5%
Profitability
Operating Margin-2.2%
Gross Margin59.7%
ROE4.5%
ROA2.2%
Highest Annual Net Income$377M (2024)
Highest Quarterly EPS$2.05 (Q1 2026)
Consecutive Profitable Years4 years
Q1 2026
Net Income$169M
EPS$2.05
QoQ Growth+5543.7%Excellent

Loading earnings history...

AXON EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-68.5%
Declining
3-Year
-9.4%
Slow
5-Year
N/A
N/M
10-Year
+15.4%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

AXON Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202559.7%-2.2%4.5%
202459.6%2.8%18.1%
202361.2%10.2%11.3%
202261.2%7.8%12.4%
202161.5%-19.3%-7.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Axon Enterprise, Inc. (AXON) Earnings Overview

As of May 8, 2026, Axon Enterprise, Inc. (AXON) reported trailing twelve-month net income of $206M, reflecting -68.5% year-over-year growth. The company earned $2.50 per diluted share over the past four quarters, with a net profit margin of 4.5%.

Looking at the long-term picture, AXON's historical earnings data spans multiple years. The company achieved its highest annual net income of $377M in fiscal 2024.

Axon Enterprise, Inc. maintains positive profitability with a gross margin of 59.7%, operating margin of -2.2%, and net margin of 4.5%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including MSA ($291M net income, 14.9% margin), VNET (-$568M net income, 2.2% margin), MSI ($2.09B net income, 18.4% margin), AXON has room to improve margins relative to the peer group. Compare AXON vs MSA →

AXON Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
AXON logoAXONCurrent
$206M$2.504.5%4.5%-68.5%—
MSA logoMSA
$291M$7.4514.9%22.2%-1.7%
VNET logoVNET
-$568M$-2.112.2%2.7%+103.8%
MSI logoMSI
$2.1B$12.4518.4%103.9%+38.2%
DGLY logoDGLY
-$11M$-7.85-101.0%-1629.9%+39.5%
WRAP logoWRAP
-$10M$-0.20-198.6%-176.1%-37.5%
Best in group
Lowest in group

AXON Historical Earnings Data (2000–2025)

26 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$125M-66.9%-$62M$1.514.5%-2.2%
2024$377M+114.5%$59M$4.8018.1%2.8%
2023$176M+19.5%$159M$2.3311.3%10.2%
2022$147M+345.2%$93M$2.0312.4%7.8%
2021-$60M-3381.3%-$167M$-0.91-7.0%-19.3%
2020-$2M-295.5%-$14M$-0.03-0.3%-2.1%
2019$882,000-97.0%-$5M$0.010.2%-1.0%
2018$29M+460.9%$27M$0.507.0%6.4%
2017$5M-69.9%$13M$0.101.5%3.8%
2016$17M-13.2%$32M$0.326.4%12.0%

Full AXON Stock Analysis

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Compare AXON vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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AXON — Frequently Asked Questions

Quick answers to the most common questions about buying AXON stock.

Is AXON growing earnings?

AXON EPS fell to $2.50, with earnings declining -68.5%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $206M.

What are AXON's profit margins?

Axon Enterprise, Inc. net margin is +4.5%, with operating margin at -2.2%. Below-average margins reflect competitive or cost pressures.

How consistent are AXON's earnings?

AXON earnings data spans 2000-2025. The declining earnings trend is -68.5% YoY. Historical data enables comparison across business cycles.

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AXON Earnings Over Time (2014–2025)

Net income and EPS trends