Axon Enterprise (AXON) Intangibles (2010 - 2026)
Axon Enterprise's Intangibles was $281.58 million in Q2 2026, up 73.2% from $162.59 million a year earlier but down 4.6% from the prior quarter.
Axon Enterprise (AXON) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Axon Enterprise came in at $196.97 million, up 12.5% from FY2024.
- Intangibles has now increased for three consecutive years, with a five-year compound annual growth rate of 83.6% (FY2020 to FY2025).
- In earlier years, Intangibles was $175.16 million in FY2024 (+796.4%), $19.54 million in FY2023 (+60.7%), $12.16 million in FY2022 (-21.4%) and $15.47 million in FY2021 (+63.7%).
- Quarterly Intangibles has moved between $7.43 million (Q3 2021) and $295.07 million (Q1 2026) over five years.
- Compared with a year earlier, Intangibles has increased for 13 straight quarters, with growth averaging 191.6% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q4 2024 (growth of 796.4%); the worst was Q3 2021 (a decline of 27.6%).
- Per Business Quant data, AXON's Intangibles in the three quarters before Q2 2026 was $295.07 million (Q1 2026), $196.97 million (Q4 2025) and $159.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 7.02 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | 273.24 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 77.10 Mn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | 426.53 Mn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 23.16 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 80.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 281.58 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | 214.36 Mn |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | 30.73 Mn |
| 10 | Baidu | 28.69 Bn | -44.94 Bn | 1.47 Mn | 736.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 281.58 Mn |
| Mar 31, 2026 | 295.07 Mn |
| Dec 31, 2025 | 196.97 Mn |
| Sep 30, 2025 | 159.05 Mn |
| Jun 30, 2025 | 162.59 Mn |
| Mar 31, 2025 | 168.83 Mn |
| Dec 31, 2024 | 175.16 Mn |
| Sep 30, 2024 | 81.75 Mn |
| Jun 30, 2024 | 85.57 Mn |
| Mar 31, 2024 | 89.42 Mn |
| Dec 31, 2023 | 19.54 Mn |
| Sep 30, 2023 | 20.32 Mn |
| Jun 30, 2023 | 21.84 Mn |
| Mar 31, 2023 | 11.27 Mn |
| Dec 31, 2022 | 12.16 Mn |
| Sep 30, 2022 | 13.04 Mn |
| Jun 30, 2022 | 13.93 Mn |
| Mar 31, 2022 | 14.40 Mn |
| Dec 31, 2021 | 15.47 Mn |
| Sep 30, 2021 | 7.43 Mn |
Axon Enterprise Intangibles 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=intangibles&ticker=AXON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();