Growth Metrics

Axon Enterprise (AXON) Gross Margin (2010 - 2026)

Axon Enterprise's quarterly Gross Margin came in at 59.12% in Q1 2026, down 147.0% year-on-year from 125.78% in Q1 2025, and up 2.11% quarter-over-quarter from 57.9% in Q4 2025.

Axon Enterprise has reported Gross Margin for 17 years, with the latest figure at 59.12% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 147.0% year-over-year to 59.12%; the trailing twelve-month figure through Mar 2026 stood at 59.32% (down 125.0% YoY), and the FY2025 full-year result was 59.65%, up 5.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 59.12%, up from 57.9% in the prior quarter.
  • The five-year high for Gross Margin was 62.1% in Q3 2023, with the low at 56.24% in Q1 2024.
  • Average Gross Margin over 5 years is 60.31%, with a median of 60.73% recorded in 2022.
  • Year-over-year, Gross Margin sank 314 bps in 2024 and surged 435 bps in 2025.
  • Tracing AXON's Gross Margin over 5 years: stood at 60.94% in 2022, then gained by 1 bps to 61.34% in 2023, then declined by 2 bps to 60.13% in 2024, then decreased by 4 bps to 57.9% in 2025, then climbed by 2 bps to 59.12% in 2026.
  • The last three Gross Margin figures came in at 59.12% (Q1 2026), 57.9% (Q4 2025), and 60.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 73.52%
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 41.11%
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 11.46%
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 11.53%
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 36.92%
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 67.40%
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 38.18%
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 34.90%
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 59.39%
10 Axon Enterprise 30.94 Bn 30.22 Bn 477.29 Mn 59.12%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 59.12%
Dec 31, 2025 57.90%
Sep 30, 2025 60.14%
Jun 30, 2025 60.39%
Mar 31, 2025 60.59%
Dec 31, 2024 60.13%
Sep 30, 2024 60.77%
Jun 30, 2024 60.84%
Mar 31, 2024 56.24%
Dec 31, 2023 61.34%
Sep 30, 2023 62.10%
Jun 30, 2023 61.80%
Mar 31, 2023 59.38%
Dec 31, 2022 60.94%
Sep 30, 2022 61.99%
Jun 30, 2022 60.91%
Mar 31, 2022 60.73%
Dec 31, 2021 63.63%
Sep 30, 2021 62.32%
Jun 30, 2021 63.04%
Mar 31, 2021 63.25%
Dec 31, 2020 62.49%
Sep 30, 2020 59.02%
Jun 30, 2020 62.42%
Mar 31, 2020 60.21%
Dec 31, 2019 53.91%
Sep 30, 2019 61.27%
Jun 30, 2019 58.35%
Mar 31, 2019 59.51%
Dec 31, 2018 56.93%
Sep 30, 2018 62.61%
Jun 30, 2018 63.64%
Mar 31, 2018 63.69%
Dec 31, 2017 66.58%
Sep 30, 2017 55.13%
Jun 30, 2017 57.30%
Mar 31, 2017 61.42%
Dec 31, 2016 60.64%
Sep 30, 2016 64.78%
Jun 30, 2016 63.48%
Mar 31, 2016 66.45%
Dec 31, 2015 -28.63%
Sep 30, 2015 61.67%
Jun 30, 2015 65.77%
Mar 31, 2015 66.73%
Dec 31, 2014 58.55%
Sep 30, 2014 64.74%
Jun 30, 2014 62.45%
Mar 31, 2014 61.37%
Dec 31, 2013 63.85%
Sep 30, 2013 63.62%
Jun 30, 2013 5,928.53%
Mar 31, 2013 7,351.00%
Dec 31, 2012 59.68%
Sep 30, 2012 58.40%
Jun 30, 2012 58.47%
Mar 31, 2012 59.44%
Dec 31, 2011 32.71%
Sep 30, 2011 53.74%
Jun 30, 2011 57.74%
Mar 31, 2011 52.81%
Dec 31, 2010 51.74%
Sep 30, 2010 49.40%
Jun 30, 2010 50.37%