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
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%