Axon Enterprise, Inc. Common Stock (AXON) Financials

Key financial figures for Axon Enterprise, Inc. Common Stock (Q2 2026).

Axon reported Q2 2026 revenue of $904 million, up 35% year over year (its 10th straight quarter above 30% growth), and raised full-year revenue guidance to 32%-34% growth. Revenue of $904 million grew 35% year over year, beating consensus of roughly $876 million and marking the company's 10th consecutive quarter of 30%+ growth. Software & Services revenue reached $398 million (+36% YoY) and Net Revenue Retention rose to 126%, up from 125% the prior quarter. Adjusted EBITDA was $242 million (26.8% margin); non-GAAP diluted EPS of $1.88 topped the $1.83 consensus, while GAAP diluted EPS fell to $0.36 from $2.05 in Q1 2026 (which had benefited from a large one-time tax item). On the outlook: Axon raised FY2026 revenue growth guidance to 32%-34% (from 30%-32%), maintained FY2026 Adjusted EBITDA margin guidance of approximately 25.5%, and reaffirmed FY2026 stock-based compensation guidance of $590 million to $620 million. Figures are for Q2 2026, as Axon Enterprise, Inc. reported them.

Revenue
$904M
Net Income
$29M
EPS
$0.37
Total Assets
$7.5B
Operating Cash Flow
$20M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$904M$29M$0.365.17%-$972K
Q1 FY2026$807M$169M$2.053.62%-$55M
Q4 FY2025$797M$3M$0.031.26%$155M
Q3 FY2025$711M-$2M-$0.03-0.3%$33M
Q2 FY2025$669M$36M$0.440.16%-$115M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$2.8B$125M$1.51-2.23%$75M
FY2024$2.1B$377M$4.802.81%$330M
FY2023$1.6B$176M$2.3310.22%$130M

Frequently asked questions

What was Axon Enterprise, Inc.'s revenue last quarter?

Axon Enterprise, Inc. reported revenue of $904.4 million for Q2 FY2026, up 35.3% from the same period a year earlier.

Is Axon Enterprise, Inc. profitable?

Yes. Axon Enterprise, Inc. reported net income of $29.4 million for Q2 FY2026, a net margin of 3.25% on revenue.

How has Axon Enterprise, Inc.'s margin trended?

Operating margin was 5.17% in Q2 FY2026, compared with 0.16% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Axon Enterprise, Inc. generate?

Axon Enterprise, Inc. generated free cash flow of -$972.0 thousand in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Axon Enterprise, Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.