Axon Enterprise (AXON) Capital Expenditures (2010 - 2026)

For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Axon Enterprise was $132.62 million, up 33.8% year-over-year; for FY2025, it was $136.26 million, up 72.9% from FY2024.

• Annual Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
• In prior years, Axon Enterprise's Capital Expenditures was $78.79 million in FY2024 (+32.1%), $59.64 million in FY2023 (+6.9%), $55.8 million in FY2022 (+11.9%) and $49.89 million in FY2021 (-31.3%).
• The Q2 2026 figure stands as the lowest quarterly Capital Expenditures since Q2 2024.
• On a year-over-year basis, Capital Expenditures increased in six of the last eight quarters, with growth averaging 48.0%.
• The strongest year-over-year quarter for Capital Expenditures in the past five years was Q4 2025, with growth of 149.2%; the weakest was Q3 2021, with a decline of 78.7%.
• According to Business Quant data, Capital Expenditures for the three prior quarters was $23.13 million (Q1 2026), $61.81 million (Q4 2025) and $26.64 million (Q3 2025).