Axon Enterprise (AXON) Gross Margin (2010 - 2026)
Axon Enterprise (AXON) posted quarterly Gross Margin of 59.12% for Q1 2026, down 147.0% year-over-year from 125.78% in Q1 2025, and up 2.11% on a QoQ basis from 57.9% in Q4 2025.
Axon Enterprise (AXON) Gross Margin (2010 - 2026) Analysis & Trends
Axon Enterprise (AXON) has reported Gross Margin for 17 consecutive years, with 59.12% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 147.0% year-over-year to 59.12%; the TTM figure through Mar 2026 stood at 59.32% (down 125.0% YoY), while the FY2025 annual figure was 59.65%, up 5.0% from the prior year.
- Gross Margin came in at 59.12% for Q1 2026 at Axon Enterprise, 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.
- Across the five-year window, Gross Margin slumped 314 bps in 2024 and soared 435 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 60.94% in 2022, then climbed by 1 bps to 61.34% in 2023, then retreated by 2 bps to 60.13% in 2024, then dropped by 4 bps to 57.9% in 2025, then increased by 2 bps to 59.12% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 59.12%, 57.9%, and 60.14% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Axon Enterprise | 47.61 Bn | 46.89 Bn | 477.29 Mn | 59.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |