Axon Enterprise (AXON) EV to EBITDA (2011 - 2026)
Axon Enterprise's (AXON) EV to EBITDA came in at 336.98 for Q2 2026, down 64.8% from 956.21 a year earlier and down 29.6% from the prior quarter.
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Analysis
Axon Enterprise (AXON) EV to EBITDA (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Axon Enterprise was 300.91, down 66.4% year-over-year; for FY2025, it came in at 2079.58, up 397.1% from FY2024.
- Annual EV to EBITDA has increased for three consecutive years.
- In prior years, Axon Enterprise's EV to EBITDA was 418.35 in FY2024 (+304.7%), 103.37 in FY2023 (+9.8%) and 94.10 in FY2022.
- The Q2 2026 figure stands as the lowest quarterly EV to EBITDA since Q3 2024.
- On a year-over-year basis, EV to EBITDA increased in seven of the last eight quarters, with growth averaging 272.7%.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2025, with growth of 679.0%; the weakest was Q2 2026, with a decline of 64.8%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 478.36 (Q1 2026), 2079.58 (Q4 2025) and 1174.43 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.94 Bn | 241.02 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 232.94 Bn | 213.35 Bn | 1.10 Bn |
| 3 | Fortinet | 124.91 Bn | 110.84 Bn | 1.64 Bn |
| 4 | Snowflake | 112.07 Bn | 99.38 Bn | 1.04 Bn |
| 5 | Datadog | 91.70 Bn | 73.34 Bn | 881.34 Mn |
| 6 | Zscaler | 34.52 Bn | 20.64 Bn | - |
| 7 | Okta | 33.89 Bn | 23.98 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.10 Bn | 26.62 Bn | 546.45 Mn |
| 9 | MongoDB | 29.30 Bn | 19.76 Bn | 569.77 Mn |
| 10 | F5 | 25.77 Bn | 20.17 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 336.98 |
| Mar 31, 2026 | 478.36 |
| Dec 31, 2025 | 2,079.58 |
| Sep 30, 2025 | 1,174.43 |
| Jun 30, 2025 | 956.21 |
| Mar 31, 2025 | 428.60 |
| Dec 31, 2024 | 453.94 |
| Sep 30, 2024 | 207.76 |
| Jun 30, 2024 | 135.92 |
| Mar 31, 2024 | 143.21 |
| Dec 31, 2023 | 114.01 |
| Sep 30, 2023 | 98.02 |
| Jun 30, 2023 | 106.81 |
| Mar 31, 2023 | 139.15 |
| Dec 31, 2022 | 95.30 |
| Sep 30, 2022 | 108.70 |
| Jun 30, 2022 | 143.34 |
| Mar 31, 2020 | 2,465.24 |
| Dec 31, 2019 | 807.17 |
| Sep 30, 2019 | 148.60 |
API Access
Axon Enterprise EV to EBITDA 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=ev-to-ebitda&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();