Earnings summary

Axon Enterprise, Inc. Q1 2026 results

Reported 2026-05-06Full transcript →

Snapshot

Axon Enterprise, Inc. reported $807M of revenue in Q1 2026, up 33.7% year over year, with diluted EPS of $2.05 and an operating margin of 3.6%.

Revenue
$807M
YoY growth
+33.7%
Diluted EPS
$2.05
Operating margin
3.6%
$807M
Revenue
+33.7%
YoY growth
$2.05
Diluted EPS
3.6%
Operating margin
01 Key takeaways

What management said

  • We made the decision over a decade ago to invest in tightly integrated solutions across hardware and software, creating an ecosystem that allows customers to scale and grow as fast as technology is moving.
  • Our hardware enables software features that wouldn't be possible without capable, connected sensors at the edge.
  • Fusus, Dedrone, Axon 911, license plate readers, vehicle intelligence are being deployed across entire cities and countries.
  • We quickly learn what customers are excited about, what's gaining traction, and ultimately, where our pipeline goes from here.
  • Q1 was our strongest ever first quarter across revenue, bookings, and new products.
  • The core is off to a great start with sustained TASER growth rates.
  • It tells us that the growth we are seeing is not isolated to one product, one geography, or one customer segment.
  • Across the business, we are tracking indicators like customer engagement, pipeline quality, adoption of new products, and continued strength in the core.
  • The Axon AI Era Plan is not the only thing driving explosive growth.
  • Now Dedrone has established itself as a further accelerant to our growth.
  • Finally, it is no secret that physical AI infrastructure is going to be a source of record spending in the years to come.
  • The deployment centers around Fusus, which continues to garner interest and drive growth in this segment, along with Axon Body Mini and Axon Outpost.
Read the full Q1 2026 transcript
SourcesCompany financials · earnings call Last updated

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