Axon Enterprise (AXON) Cost of Revenue (2010 - 2026)

Axon Enterprise has reported Cost of Revenue for 17 years, with the latest figure at $330.1 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 38.74% year-over-year to $330.1 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (up 38.25% YoY), and the FY2025 full-year result was $1.1 billion, up 33.32% from the prior year.
• Cost of Revenue for Q1 2026 stood at $330.1 million, down from $335.4 million in the prior quarter.
• The five-year high for Cost of Revenue was $335.4 million in Q4 2025, with the low at $100.7 million in Q1 2022.
• Average Cost of Revenue over 5 years is $197.6 million, with a median of $197.1 million recorded in 2024.
• Year-over-year, Cost of Revenue jumped 62.82% in 2022 and advanced 18.21% in 2025.
• Tracing AXON's Cost of Revenue over 5 years: stood at $130.2 million in 2022, then rose by 27.8% to $166.4 million in 2023, then soared by 37.81% to $229.3 million in 2024, then surged by 46.29% to $335.4 million in 2025, then decreased by 1.6% to $330.1 million in 2026.
• The last three Cost of Revenue figures came in at $330.1 million (Q1 2026), $335.4 million (Q4 2025), and $283.3 million (Q3 2025), per Business Quant data.

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