Axon Enterprise (AXON)
NASDAQ:AXON
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.83Last Year’s EPS
2.12Same Quarter Last Year
Strong Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was strongly positive: broad-based double-digit growth across revenue (+34%), ARR (+35%) and NRR (125%), rapid AI and Dedrone adoption (AI bookings +140%, AI revenue +700% YoY, Dedrone bookings +500%, revenue +300%+), upgraded guidance (30%–32% revenue growth) and sizable backlog ($14.3B, +44%). Management also proactively invested in inventory and reiterated margin and FCF targets. Key near-term challenges relate to inflationary component costs, inventory-driven cash timing, lower early-stage hardware margins (platform solutions/Dedrone) and execution risk for nascent businesses (Axon 911, Outpost). On balance, the highlights significantly outweigh the lowlights, driven by accelerating product adoption, geographic expansion and strong bookings.Company Guidance
Strong Revenue Growth
Total revenue of $807 million, up 34% year-over-year; marks ninth consecutive quarter with >30% growth.
Software, ARR and Retention Strength
Software & services revenue of $355 million, up 35% year-over-year; ARR grew 35% to $1.5 billion; net revenue retention (NRR) of 125% in the quarter.
Explosive AI Momentum
AI product revenue grew more than 700% year-over-year (from a small base); AI bookings up 140% year-over-year; Axon Assistant surpassed 1 million uses and AI features (Axon Vision, Guardian, Assistant, Gravity) showing rapid customer adoption.
Dedrone / Counter-Drone Acceleration
Dedrone revenue up over 300% year-over-year and bookings up ~500% year-over-year; deployed at major events (2026 Super Bowl, Kentucky Derby, World Cup sites) and cited as a durable growth leg across markets.
Connected Devices & Core Hardware Strength
Connected devices revenue $453 million, up 33% year-over-year; TASER 10 and Body 4 remain durable drivers and Platform solutions grew 95% year-over-year.
Geographic and Market Diversification
International revenue increased over 100% year-over-year and represented ~20% of quarterly revenue; enterprise traction includes a $40 million telecom deployment centered on Fusus, Axon Body Mini and Outpost.
Strong Backlog and Future Bookings
Future contracted bookings rose 44% year-over-year to $14.3 billion; management reported record first-quarter bookings across U.S. public safety, international and enterprise.
Upgraded Guidance and Profitability Targets
Raised full-year revenue growth guidance to 30%–32%; reaffirmed full-year adjusted EBITDA margin target of ~25.5% (Q1 delivered ~25%); expect ~ $450 million free cash flow for 2026.
Acquisitions Delivering Early ROI
Acquisitions showing strong traction: management noted having booked over 1.5x the combined purchase price of Fusus and Dedrone since acquisitions (Fusus ~2 years ago, Dedrone ~18 months).
Proactive Supply and Inventory Strategy
Management is investing significantly in inventory to secure components and scale production for sustained demand (notably to mitigate memory/component constraints and geopolitical supply risk).
AXON Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AXON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $385.86 | $426.89 | +10.63% |
Feb 24, 2026 | $442.51 | $520.18 | +17.55% |
Nov 04, 2025 | $706.13 | $639.53 | -9.43% |
Aug 04, 2025 | $744.88 | $867.12 | +16.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Axon Enterprise (AXON) report earnings?
Axon Enterprise (AXON) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Axon Enterprise (AXON) earnings time?
Axon Enterprise (AXON) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AXON EPS forecast?
AXON EPS forecast for the fiscal quarter 2026 (Q2) is 1.83.
