Axon Enterprise (AXON) EBITDA Margin (2010 - 2026)
Axon Enterprise (AXON) recorded EBITDA Margin of 8.76% in Q2 2026, up 6.35 percentage points from 2.41% a year earlier and up 1.38 percentage points from the prior quarter.
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Analysis
Axon Enterprise (AXON) EBITDA Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Axon Enterprise's EBITDA Margin came in at 4.14% as of Jun 30, 2026, up 1.39 percentage points year-over-year; for FY2025, it came in at 0.76%, down 4.38 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +1.00 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 5.14% in FY2024 (-6.15 pp), 11.29% in FY2023 (+1.51 pp), 9.78% in FY2022 (+26.47 pp) and -16.69% in FY2021 (-16.44 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin since Q2 2024.
- On a year-over-year basis, EBITDA Margin rose in two of the last eight quarters, with an average year-over-year change of -2.91 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 50.53 percentage points in Q2 2022, against a drop of 11.77 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.38% (Q1 2026), -2.91% (Q4 2025) and 2.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 300.75 Bn | 285.82 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 268.04 Bn | 248.45 Bn | 1.10 Bn | 11.58% |
| 3 | Fortinet | 140.44 Bn | 126.37 Bn | 1.64 Bn | 40.40% |
| 4 | Snowflake | 124.33 Bn | 111.64 Bn | 1.04 Bn | -8.70% |
| 5 | Datadog | 101.20 Bn | 82.84 Bn | 881.34 Mn | 4.19% |
| 6 | Okta | 39.82 Bn | 29.92 Bn | 641.00 Mn | 20.62% |
| 7 | Zscaler | 37.33 Bn | 23.44 Bn | - | - |
| 8 | Axon Enterprise | 33.47 Bn | 28.00 Bn | 546.45 Mn | 8.76% |
| 9 | MongoDB | 30.70 Bn | 21.16 Bn | 569.77 Mn | 4.58% |
| 10 | F5 | 27.04 Bn | 21.45 Bn | 711.51 Mn | 27.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.76% |
| Mar 31, 2026 | 7.38% |
| Dec 31, 2025 | -2.91% |
| Sep 30, 2025 | 2.46% |
| Jun 30, 2025 | 2.41% |
| Mar 31, 2025 | 1.77% |
| Dec 31, 2024 | 0.33% |
| Sep 30, 2024 | 6.81% |
| Jun 30, 2024 | 8.10% |
| Mar 31, 2024 | 4.09% |
| Dec 31, 2023 | 10.42% |
| Sep 30, 2023 | 12.60% |
| Jun 30, 2023 | 11.38% |
| Mar 31, 2023 | 5.92% |
| Dec 31, 2022 | 7.74% |
| Sep 30, 2022 | 12.17% |
| Jun 30, 2022 | 9.72% |
| Mar 31, 2022 | 9.01% |
| Dec 31, 2021 | -7.37% |
| Sep 30, 2021 | 3.98% |
API Access
Axon Enterprise EBITDA Margin 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=ebitda-margin&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();