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

Axon Enterprise's (AXON) 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 (AXON) Gross Margin (2010 - 2026) Analysis & Trends

Axon Enterprise's Gross Margin history runs 17 years deep, the most recent figure standing at 59.12% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 147.0% year-over-year to 59.12% in Q1 2026; TTM through Mar 2026 was 59.32%, a 2210.0% decrease from a year earlier, with the FY2025 full-year figure at 59.65%, up 5.0% from the prior year.
  • Gross Margin improved to 59.12% in Q1 2026 per AXON's latest filing, from 57.9% in the prior quarter.
  • Across five years, Gross Margin topped out at 6781.35% in Q4 2024 and bottomed at 56.24% in Q1 2024.
  • The 5-year median for Gross Margin is 60.77% (2024), against an average of 455.68%.
  • Across the five-year window, Gross Margin surged 672001 bps in 2024 and plunged 672345 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 60.94% in 2022, then rose by 1 bps to 61.34% in 2023, then jumped by 10955 bps to 6781.35% in 2024, then plunged by 99 bps to 57.9% in 2025, then advanced by 2 bps to 59.12% in 2026.
  • Per Business Quant, the three latest AXON Gross Margin figures stand at 59.12% (Q1 2026), 57.9% (Q4 2025), and 60.14% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 General Electric 373.38 Bn 364.04 Bn -3.10 Bn -433.85%
2 Rtx 288.96 Bn 280.66 Bn 9.91 Bn 40.09%
3 Boeing 167.80 Bn 147.78 Bn 2.41 Bn 9.83%
4 Lockheed Martin 132.86 Bn 129.07 Bn 2.45 Bn 12.19%
5 Howmet Aerospace 112.67 Bn 110.24 Bn 854.00 Mn 36.92%
6 General Dynamics 102.77 Bn 98.44 Bn 6.76 Bn 47.94%
7 Northrop Grumman 76.23 Bn 73.92 Bn 3.72 Bn 34.21%
8 TransDigm 73.09 Bn 69.21 Bn 1.51 Bn 59.39%
9 L3Harris Technologies 51.34 Bn 50.75 Bn 1.40 Bn 24.41%
10 Axon Enterprise 41.51 Bn 40.80 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 6,781.35%
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%