Axon Enterprise (AXON) Net Margin (2010 - 2026)
Axon Enterprise (AXON) posted Net Margin of 3.25% for Q2 2026, down 84.48% on a QoQ basis from 20.97% in Q1 2026, and down 215.0% year-over-year from 2.83% in Q2 2025.
Analysis
Axon Enterprise (AXON) Net Margin (2010 - 2026) Analysis & Trends
Axon Enterprise has reported Net Margin for 17 years, with the latest figure at 3.25% in Q2 2026.
- On a quarterly basis, Net Margin fell 215.0% year-over-year to 3.25% in Q2 2026; TTM through Jun 2026 was 6.19%, a 745.0% decrease from a year earlier, with the FY2025 full-year figure at 4.48%, down 1362.0% from the prior year.
- Net Margin was 3.25% for Q2 2026 at Axon Enterprise, down from 20.97% in the prior quarter.
- The five-year high for Net Margin was 29.0% in Q1 2024, with the low at 0.31% in Q3 2025.
- Average Net Margin over 5 years is 11.92%, with a median of 12.79% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 4597 bps in 2022, then plunged 2316 bps in 2025.
- Over 5 years, Net Margin stood at 9.7% in 2022, then surged by 37 bps to 13.26% in 2023, then soared by 77 bps to 23.5% in 2024, then sank by 99 bps to 0.34% in 2025, then jumped by 844 bps to 3.25% in 2026.
- The last three Net Margin figures came in at 3.25% (Q2 2026), 20.97% (Q1 2026), and 0.34% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 274.52 Bn | 271.41 Bn | 2.03 Bn | -5.90% |
| 2 | CrowdStrike Holdings | 217.78 Bn | 212.77 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 118.38 Bn | 114.31 Bn | 1.64 Bn | 29.55% |
| 4 | Axon Enterprise | 39.33 Bn | 38.66 Bn | 546.45 Mn | 3.25% |
| 5 | Zscaler | 26.72 Bn | 23.25 Bn | - | - |
| 6 | F5 | 23.01 Bn | 21.40 Bn | 711.51 Mn | 24.07% |
| 7 | Rubrik | 18.82 Bn | 17.08 Bn | 335.12 Mn | -14.46% |
| 8 | Gen Digital | 17.94 Bn | 17.37 Bn | 1.03 Bn | 16.09% |
| 9 | Check Point Software Technologies | 14.21 Bn | 11.94 Bn | 574.10 Mn | 28.77% |
| 10 | SentinelOne | 6.80 Bn | 6.15 Bn | 210.42 Mn | -31.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.25% |
| Mar 31, 2026 | 20.97% |
| Dec 31, 2025 | 0.34% |
| Sep 30, 2025 | -0.31% |
| Jun 30, 2025 | 5.40% |
| Mar 31, 2025 | 14.58% |
| Dec 31, 2024 | 23.50% |
| Sep 30, 2024 | 12.31% |
| Jun 30, 2024 | 8.24% |
| Mar 31, 2024 | 29.00% |
| Dec 31, 2023 | 13.26% |
| Sep 30, 2023 | 14.83% |
| Jun 30, 2023 | 3.09% |
| Mar 31, 2023 | 13.33% |
| Dec 31, 2022 | 9.70% |
| Sep 30, 2022 | 3.89% |
| Jun 30, 2022 | 17.84% |
| Mar 31, 2022 | 21.40% |
| Dec 31, 2021 | -4.47% |
| Sep 30, 2021 | 20.92% |