Axon Enterprise (AXON) Change in Inventory (2010 - 2026)
Axon Enterprise (AXON) recorded Change in Inventory of $80.39 million in Q2 2026, up 158.4% from $31.11 million a year earlier and up 24.2% from the prior quarter.
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Analysis
Axon Enterprise (AXON) Change in Inventory (2010 - 2026) Analysis & Trends
On a TTM basis, Axon Enterprise's Change in Inventory came in at $178.95 million as of Jun 30, 2026, up 486.1% year-over-year; for FY2025, it was $81.95 million.
- Annual Change in Inventory has a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- Across earlier years, Change in Inventory came in at -$607,000 in FY2024, $77.63 million in FY2023 (-18.3%), $95.01 million in FY2022 (+420.0%) and $18.27 million in FY2021 (-65.0%).
- The Q2 2026 figure is the highest quarterly Change in Inventory in data going back to Q3 2010.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 719.0% in Q1 2025, against a decline of 91.9% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $64.71 million (Q1 2026), $23.77 million (Q4 2025) and $10.08 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.65 Bn | 241.72 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 231.94 Bn | 212.35 Bn | 1.10 Bn | - |
| 3 | Fortinet | 123.20 Bn | 109.13 Bn | 1.64 Bn | 61.60 Mn |
| 4 | Snowflake | 106.37 Bn | 93.69 Bn | 1.04 Bn | - |
| 5 | Datadog | 87.39 Bn | 69.03 Bn | 881.34 Mn | - |
| 6 | Zscaler | 32.95 Bn | 19.07 Bn | - | - |
| 7 | Okta | 32.67 Bn | 22.76 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 32.13 Bn | 26.66 Bn | 546.45 Mn | 80.39 Mn |
| 9 | MongoDB | 26.72 Bn | 17.18 Bn | 569.77 Mn | - |
| 10 | F5 | 25.11 Bn | 19.52 Bn | 711.51 Mn | 36.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.39 Mn |
| Mar 31, 2026 | 64.71 Mn |
| Dec 31, 2025 | 23.77 Mn |
| Sep 30, 2025 | 10.08 Mn |
| Jun 30, 2025 | 31.11 Mn |
| Mar 31, 2025 | 16.99 Mn |
| Dec 31, 2024 | -12.24 Mn |
| Sep 30, 2024 | -5.33 Mn |
| Jun 30, 2024 | 14.89 Mn |
| Mar 31, 2024 | 2.07 Mn |
| Dec 31, 2023 | 12.53 Mn |
| Sep 30, 2023 | 21.51 Mn |
| Jun 30, 2023 | 27.77 Mn |
| Mar 31, 2023 | 15.81 Mn |
| Dec 31, 2022 | 28.74 Mn |
| Sep 30, 2022 | 19.16 Mn |
| Jun 30, 2022 | 32.85 Mn |
| Mar 31, 2022 | 14.26 Mn |
| Dec 31, 2021 | 15.12 Mn |
| Sep 30, 2021 | 1.31 Mn |
API Access
Axon Enterprise Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "AXON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();