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

Axon Enterprise (AXON) has reported Cost of Revenue for 17 consecutive years, with $330.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 38.74% year-over-year to $330.1 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 38.25% YoY), while the FY2025 annual figure was $1.1 billion, up 33.32% from the prior year.
• Cost of Revenue came in at $330.1 million for Q1 2026 at Axon Enterprise, 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.
• Across the five-year window, Cost of Revenue surged 62.82% in 2022 and climbed 18.21% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $130.2 million in 2022, then advanced by 27.8% to $166.4 million in 2023, then surged by 37.81% to $229.3 million in 2024, then jumped by 46.29% to $335.4 million in 2025, then dropped by 1.6% to $330.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $330.1 million, $335.4 million, and $283.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.