Axon Enterprise, Inc

AXON Industrials Aerospace & Defense

Axon Enterprise, Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 33.5% from fiscal 2024. In the quarter to June 2026, revenue grew 35.3%, EPS fell 19.6%, free cash flow grew 99.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.

428.32 9.73 −2.22%
Market cap
$35.6B
P/E
173×
Fwd P/E
121×
Dividend yield
—
F-score
5/9
Altman Z
8.02
Beneish M
−2.18
Dividend safety
n/a

Axon Enterprise, Inc (AXON) Net margin

Alert me on Net margin

Axon Enterprise, Inc's net margin over the twelve months to 30 June 2026 was 6.19%, up 1.7 percentage points from fiscal 2025 (4.48%). Over the past ten years it has ranged from −6.95% (fiscal 2021) to 18.1% (fiscal 2024); the current reading is higher than 45% of that period. That is above the Aerospace & Defense industry median of 1.96% and above the Industrials sector median of 2.39%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 4.48% (13.62)
FY2024 18.1% 6.84
FY2023 11.3% (1.12)
FY2022 12.4% 19.33
FY2021 −6.95% (6.70)
FY2020 −0.25% (0.42)
FY2019 0.17% (6.78)
FY2018 6.95% 5.44
FY2017 1.51% (4.94)
FY2016 6.45% (3.62)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 3.25% (17.72)
Mar 2026 21.0% 20.63
Dec 2025 0.34% 0.65
Sep 2025 −0.31% (5.71)
42 more quarters

Against its own ten years

Low −6.95% High 18.1%
Ten-year median 6.45%
Current reading's percentile 48

Net margin against peers

Company Net margin
HEI.A Heico Corporation compare 16.4%
HEI Heico Corporation compare 16.4%
FTAI FTAI Aviation Ltd. compare 15.3%
LHX L3Harris Technologies Inc compare 8.11%
ESLT Elbit Systems Ltd. compare 7.44%
AXON Axon Enterprise, Inc 6.19%
ARXS Arxis, Inc. compare 0.85%
RKLB Rocket Lab Corporation compare −21.5%
HONA Honeywell Aerospace inc. compare —
Aerospace & Defense industry median 1.96%
Industrials sector median 2.39%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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