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    Axon Enterprise Inc. (AXON)

    Official site

    INDUSTRIALS • AEROSPACE & DEFENSE • NASDAQ

    $417.19
    +8.77 (+2.15%)

    Market Cap: $33.18B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    87%(34/39)
    Avg Surprise
    +61.06%
    Streak
    3 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.95
    Range$1.53 - $2.46
    17 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$2.02-3.5%
    60d ago$2.03-4.2%
    30d ago$1.96-0.7%
    7d ago$1.96-0.7%
    Current$1.95
    Revenue Consensus
    $940M
    Range$908M - $960M
    15 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.26
    Range$0.93 - $3.41
    20 analysts
    Revenue Consensus
    $1.1B
    Range$1.0B - $1.2B
    18 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.26---
    Sep 26EST
    		-$1.95---
    Jun 26
    Reported Aug 4
    		$0.57$0.30+90.00%Beat-73.1%
    Mar 26
    Reported May 6
    		$1.61$1.60+0.63%Beat+14.2%
    Dec 25
    Reported Feb 24
    		$2.15$1.60+34.38%Beat+3.4%
    Sep 25
    Reported Nov 4
    		$1.17$1.54-24.03%Miss-19.3%
    Jun 25
    Reported Aug 4
    		$2.12$1.46+45.21%Beat+76.7%
    Mar 25
    Reported May 7
    		$1.41$1.28+10.16%Beat+22.6%
    Dec 24
    Reported Feb 25
    		$2.08$1.40+48.21%Beat+85.7%
    Sep 24
    Reported Nov 7
    		$1.45$1.20+20.83%Beat+42.2%
    Jun 24
    Reported Aug 6
    		$1.20$0.98+22.45%Beat+8.1%
    Mar 24
    Reported May 6
    		$1.15$0.95+21.05%Beat+30.7%
    Dec 23
    Reported Feb 27
    		$1.12$0.85+31.76%Beat+60.0%
    Sep 23
    Reported Nov 7
    		$1.02$0.76+34.21%Beat+70.0%
    Jun 23
    Reported Aug 8
    		$1.11$0.62+79.03%Beat+152.3%
    Mar 23
    Reported May 9
    		$0.88$0.54+62.96%Beat+95.6%
    Dec 22
    Reported Feb 28
    		$0.70$0.51+37.25%Beat+52.2%
    Sep 22
    Reported Nov 8
    		$0.60$0.49+22.45%Beat-48.7%
    Jun 22
    Reported Aug 9
    		$0.44$0.39+12.82%Beat+15.8%
    Mar 22
    Reported May 10
    		$0.45$0.29+55.17%Beat+45.2%
    Dec 21
    Reported Feb 24
    		$0.46$0.17+170.59%Beat-54.0%
    Sep 21
    Reported Nov 15
    		$1.17$0.26+350.00%Beat+192.5%
    Jun 21
    Reported Aug 5
    		$0.38$0.23+65.22%Beat+3900.0%
    Mar 21
    Reported May 6
    		$0.31$0.21+47.62%Beat-22.5%
    Dec 20
    Reported Feb 25
    		$1.00$0.36+177.78%Beat+143.9%
    Sep 20
    Reported Nov 5
    		$0.40$0.20+100.00%Beat+42.9%
    Jun 20
    Reported Aug 6
    		$-0.01N/A-106.25%Miss-107.1%
    Mar 20
    Reported May 7
    		$0.40$0.18+122.22%Beat+90.5%
    Dec 19
    Reported Feb 27
    		$0.41$0.38+7.89%Beat+412.5%
    Sep 19
    Reported Nov 7
    		$0.28$0.26+7.69%Beat+40.0%
    Jun 19
    Reported Aug 8
    		$0.14$0.16-12.50%Miss-22.2%
    Mar 19
    Reported May 9
    		$0.21$0.16+31.25%Beat-34.4%
    Dec 18
    Reported Feb 26
    		$0.08$0.11-27.27%Miss-38.5%
    Sep 18
    Reported Nov 6
    		$0.20$0.13+53.85%Beat+1900.0%
    Jun 18
    Reported Aug 7
    		$0.18$0.11+63.64%Beat+350.0%
    Mar 18
    Reported May 8
    		$0.32$0.11+190.91%Beat+357.1%
    Dec 17
    Reported Feb 27
    		$0.13$-0.03+533.33%Beat+8.3%
    Sep 17
    Reported Nov 7
    		$0.01N/A-83.33%Miss-
    Jun 17
    Reported Aug 8
    		$0.04$0.04+0.00%Beat-
    Mar 17
    Reported May 9
    		$0.07$0.04+75.00%Beat-
    Dec 16
    Reported Feb 28
    		$0.12$0.11+9.09%Beat-

    Key Metrics

    Valuation
    P/E Ratio75.85EV/EBITDA100.08x
    Price/FCF252.37xFCF Yield0.40%
    Profitability
    Profit Margin6.19%Operating Margin5.17%
    ROE6.22%ROIC4.40%
    Financial Health
    Debt/Equity0.47xInterest Coverage2.08x
    Current Ratio2.15xQuick Ratio1.80x
    Trading Statistics
    Beta1.44Avg Volume1.06M
    52-Week High$764.0252-Week Low$339.01

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$414.34
    SMA 20$425.86
    SMA 50$505.34
    SMA 200$489.57
    EMA 10$417.57
    EMA 20$432.65
    EMA 50$471.94
    EMA 200$510.97

    MACD

    Line: -23.38Signal: -27.39Hist: 4.01

    ADX

    ADX: 39.0+DI: 10.8-DI: 27.2

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down96.0
    PSAR$426.29

    Bollinger Bands

    Upper Band$457.97
    Lower Band$393.76
    %B Position1508%(Upper)
    Band Width0.36

    RSI (14-Day)

    Neutral
    39.0

    Momentum Oscillators

    Stoch %K36.4
    Stoch %D30.6
    Williams %R-42.0
    ROC (10d)-1.2%
    Momentum-5.02
    CCI (20d)-73.5
    MFI (14d)42.5

    Volatility Measures

    ATR (14d)$18.94(4.5%)
    StdDev (20d)16.05
    Hist Vol27.7%(Moderate)

    Volume Flow

    VWAP$411.40
    OBV5.1M
    AD Line8.1M
    CMF (20d)-0.028

    Volume Metrics

    Avg Vol (20d)982.9K
    Vol Ratio0.9x
    VWMA (20d)$425.86

    Pivot Points

    R3$436.60
    R2$425.89
    R1$417.16
    Pivot Point$406.45
    S1$397.72
    S2$387.01
    S3$378.28

    Advanced Oscillators

    TSI-29.52
    Ultimate Osc53.4
    KST-187.26

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$904.39M$807.35M$796.72M$710.64M$668.54M$603.63M$575.14M$544.27M$503.24M$459.87M$429.77M$413.28M
    Cost of Revenue$357.94M$330.06M$335.43M$283.29M$264.80M$237.89M$229.30M$213.53M$197.08M$201.24M$167.20M$156.62M
    Gross Profit$546.45M$477.29M$461.30M$427.35M$403.74M$365.74M$345.85M$330.75M$306.16M$258.63M$262.57M$256.66M
    Operating Expenses$499.67M$448.04M$511.41M$429.48M$404.78M$374.53M$361.60M$306.67M$272.40M$242.17M$220.01M$199.24M
    R&D$208.69M$188.95M$194.04M$176.67M$162.57M$151.02M$134.59M$114.48M$101.43M$91.10M$83.97M$76.88M
    SG&A$290.98M$259.09M$317.37M$252.80M$242.21M$223.51M$227.02M$192.19M$170.96M$151.07M$136.04M$122.36M
    Operating Income$46.78M$29.24M$-50,118,000$-2,129,000$-1,036,000$-8,793,000$-15,755,000$24.08M$33.76M$16.46M$42.56M$57.42M
    Interest Income$6.82M$10.61M$17.63M$23.94M$23.25M$10.60M$7.29M$12.62M$11.65M$12.13M$19.32M$10.46M
    Interest Expense$28.10M$28.64M$28.82M$28.91M$28.69M$7.82M$1.82M$1.65M$1.87M$1.76M$0$0
    Income Before Tax$32.68M$200.22M$-66,237,000$15.70M$-38,883,000$108.39M$84.56M$79.57M$51.47M$165.90M$55.56M$71.73M
    Income Tax Expense$3.26M$30.91M$-68,982,000$17.89M$-75,000,000$20.41M$-50,619,000$12.54M$10.00M$32.54M$-1,358,000$10.42M
    Net Income$29.43M$169.31M$2.75M$-2,186,000$36.12M$87.98M$135.18M$67.03M$41.47M$133.35M$56.91M$61.31M
    EBITDA$86.43M$248.61M$-28,106,000$40.28M$-16,293,000$125.06M$96.78M$81.59M$52.08M$162.88M$49.70M$59.95M
    EBIT$53.97M$218.25M$-55,051,000$20.67M$-33,450,000$105.61M$79.10M$68.59M$41.69M$155.52M$43.23M$61.27M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    Axon: I Own a Starter. The Rest of the Position Waits for the Trend.

    Q2 revenue $904M, +35%, tenth straight quarter >30% growth; raised FY guide to 32-34%; future contracted bookings $15.1B, up >40% ARR $1.6B, +39%, net revenue retention 126% - strong land-and-expand lock-in; contracted bookings rose >40% vs Motorola backlog +11% Analyst consensus EPS 2026-28: $7.62...

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    Also mentions:
    MSIHEI

    Government Contracts

    Gov Obligations (TTM)
    $111.51M
    Gov Obligations / Revenue
    3.7%
    Obligations YoY
    20.4%
    Active Awards
    171
    New Awards (TTM)
    97
    Avg Remaining Term
    9.1 mo

    Top agency: Department of Homeland Security at 53.7% of trailing twelve month obligations across 16 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    70CMSW26FR0000045Department of Homeland SecurityU.S. Immigration and Customs Enforcement$17.77MJul 20, 2026
    70CMSW26FR0000046Department of Homeland SecurityU.S. Immigration and Customs Enforcement$13.13MJul 17, 2026
    70B02C26F00000450Department of Homeland SecurityU.S. Customs and Border Protection$6.26MJun 17, 2026
    15M10426PA4700003Department of JusticeU.S. Marshals Service$4.38MJan 1, 2026
    70B06C25F00000823Department of Homeland SecurityU.S. Customs and Border Protection$3.96MSep 17, 2025
    70CMSW25FR0000132Department of Homeland SecurityU.S. Immigration and Customs Enforcement$3.85MSep 26, 2025
    70CMSW25FR0000137Department of Homeland SecurityU.S. Immigration and Customs Enforcement$3.53MSep 30, 2025
    2023H225F00141Department of the TreasuryInternal Revenue Service$3.22MSep 25, 2025
    140A1626F0079Department of the InteriorBureau of Indian Affairs and Bureau of Indian Education$2.13MJul 27, 2026
    70B02C26F00000180Department of Homeland SecurityU.S. Customs and Border Protection$1.95MMay 20, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Nearly $1.8M Axon contract has no license-plate readers, Tuolumne County sheriff says

    The Tuolumne County Sheriff's Office is proposing a nearly $1.8 million expansion of its contract with Axon to include real-time body-camera livestreaming, drone integration...

    The Union Democrat•10/16/26•Somewhat-Bullish

    Axon Enterprise Inc. stock underperforms Friday when compared to competitors

    Axon Enterprise Inc. (AXON) stock dropped 6.45% on Friday, closing at $390.29, underperforming the broader market as the S&P 500 and Dow Jones also fell. The company's stock is now 48.92% below its 52-week high...

    MarketWatch•10/16/26•Bearish

    NFSG Corp Purchases 25,700 Shares of Axon Enterprise, Inc $AXON

    NFSG Corp significantly increased its stake in Axon Enterprise, Inc. by purchasing an additional 25,700 shares, bringing their total to 26,224 shares...

    MarketBeat•10/16/26•Somewhat-Bullish

    Axon Enterprise, Inc $AXON Stock Acquired by Assenagon Asset Management S.A.

    Assenagon Asset Management S.A. significantly increased its stake in Axon Enterprise, Inc (NASDAQ:AXON) by 5,022.8% during the third quarter...

    MarketBeat•10/16/26•Somewhat-Bullish

    Council report: City approves taser contract, rental aid, names interim director

    The Claremont City Council approved a five-year contract with Axon Enterprise for new Taser 10 weapons for the police department, allocating $266,841 for the equipment and training. Additionally...

    Claremont COURIER•10/16/26•Bullish

    AXON Valuation and Fair Value

    P/E
    75.9x
    Forward P/E
    58.1x
    EV/EBITDA
    100.1x
    P/FCF
    252.4x
    PEG
    2.1x
    P/B
    9.1x
    See GNG's fair value

    AXON Profitability: Margins, ROIC and FCF

    Gross margin
    59.4%
    Operating margin
    5.2%
    Net margin
    6.2%
    ROIC
    4.4%
    ROE
    6.2%
    FCF margin
    4.1%
    FCF yield
    0.4%

    AXON Competitors

    CompanyTicker
    Elbit Systems LtdESLT
    United Airlines Holdings IncUAL
    Rocket Lab USA Inc.RKLB
    EMCOR Group IncEME
    Old Dominion Freight Line IncODFL
    HEICO CorporationHEI-A
    Waste Connections IncWCN
    Ingersoll Rand IncIR

    Sector: Industrials

    AXON Analyst Ratings

    Consensus
    Buy
    Analysts
    21
    Strong Buy
    8
    Buy
    10
    Hold
    3
    Sell
    0
    Strong Sell
    0

    AXON Bull Case vs Bear Case

    Bull case

    • AXON beat EPS estimates in 87.5% of its last 8 reported quarters.
    • AXON grew quarterly revenue 35.3% year over year.
    • 85.7% of AXON's analyst ratings are Buy or Strong Buy.

    Bear case

    • AXON trades at 75.9x trailing earnings.

    AXON Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    28.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.95
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    Frequently Asked Questions About AXON

    Does AXON pay dividends?

    Axon Enterprise Inc. (AXON) does not currently pay a regular dividend.

    What is AXON's P/E ratio?

    Axon Enterprise Inc. has a price-to-earnings (P/E) ratio of 75.85.

    What is AXON's market cap?

    Axon Enterprise Inc. (AXON) has a market capitalization of $33.18B with a current stock price of $417.19.

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