Axon Enterprise (AXON) Cost of Revenue (2010 - 2026)
Axon Enterprise (AXON) posted quarterly Cost of Revenue of $330.1 million for Q1 2026, up 38.74% year-over-year from $237.9 million in Q1 2025, and down 1.6% quarter-over-quarter from $335.4 million in Q4 2025.
Axon Enterprise (AXON) Cost of Revenue (2010 - 2026) Analysis & Trends
Axon Enterprise's Cost of Revenue history runs 17 years deep, the most recent figure standing at $330.1 million for 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 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.
- The 5-year median for Cost of Revenue is $197.1 million (2024), against an average of $197.6 million.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 62.82% in 2022, then increased 18.21% in 2025.
- Axon Enterprise's Cost of Revenue stood at $130.2 million in 2022, then grew by 27.8% to $166.4 million in 2023, then jumped by 37.81% to $229.3 million in 2024, then soared by 46.29% to $335.4 million in 2025, then fell by 1.6% to $330.1 million in 2026.
- Business Quant data shows AXON's Cost of Revenue at $330.1 million in Q1 2026, $335.4 million in Q4 2025, and $283.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 6.40 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 14.80 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 17.62 Bn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 1.60 Bn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 7.34 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 7.16 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 1.11 Bn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 4.38 Bn |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 357.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 357.94 Mn |
| Jun 30, 2026 | 357.94 Mn |
| Mar 31, 2026 | 330.06 Mn |
| Mar 31, 2026 | 330.06 Mn |
| Dec 31, 2025 | 335.43 Mn |
| Dec 31, 2025 | 335.43 Mn |
| Sep 30, 2025 | 283.29 Mn |
| Sep 30, 2025 | 283.29 Mn |
| Jun 30, 2025 | 264.80 Mn |
| Jun 30, 2025 | 264.80 Mn |
| Mar 31, 2025 | 237.89 Mn |
| Mar 31, 2025 | 237.89 Mn |
| Dec 31, 2024 | 229.30 Mn |
| Dec 31, 2024 | 229.30 Mn |
| Sep 30, 2024 | 213.53 Mn |
| Sep 30, 2024 | 213.53 Mn |
| Jun 30, 2024 | 197.08 Mn |
| Jun 30, 2024 | 197.08 Mn |
| Mar 31, 2024 | 201.24 Mn |
| Mar 31, 2024 | 201.24 Mn |