AXON
Axon Enterprise, Inc.
Axon Enterprise (AXON) Q2 2026 earnings
Published Aug 5, 2026
AI summary
- Revenue $904M, up 35% from $669M a year ago.
- Adjusted EPS $1.88 beat the $1.84 consensus by $0.04, down from $2.18 a year ago.
- Quarterly revenue grew 35% year over year to $904 million, marking the 10th straight quarter of 30%+ growth.
- Software and Services revenue rose 36% to $398 million, while Connected Devices revenue increased 35% to $507 million.
- Annual recurring revenue reached $1.6 billion, up 39% compared to the same period last year.
Results vs analyst consensus
Revenue
Reported
$904M
Consensus not captured before release
+35% YoY
Adjusted EPS
Reported · Non-GAAP net income
$1.88
Consensus $1.84
Beat by $0.04Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- Net income and non-GAAP net income decreased year over year primarily due to a large tax benefit in the prior year.
- Gross margins were impacted by a higher mix of professional services revenue and scaling new product offerings.
Read original report
Source: Axon Enterprise, Inc. press release · SEC Form 8-K exhibit 99.1