Axon Enterprise (AXON) Operating Expenses (2010 - 2026)

Axon Enterprise (AXON) has reported Operating Expenses for 17 consecutive years, with $448.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 19.63% year-over-year to $448.0 million; the TTM figure through Mar 2026 stood at $1.8 billion (up 36.38% YoY), while the FY2025 annual figure was $1.7 billion, up 45.43% from the prior year.
• Operating Expenses came in at $448.0 million for Q1 2026 at Axon Enterprise, down from $511.4 million in the prior quarter.
• The five-year high for Operating Expenses was $511.4 million in Q4 2025, with the low at $138.5 million in Q1 2022.
• Average Operating Expenses over 5 years is $281.3 million, with a median of $242.2 million recorded in 2024.
• Across the five-year window, Operating Expenses plunged 34.14% in 2022 and jumped 63.44% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $180.9 million in 2022, then climbed by 22.31% to $221.2 million in 2023, then surged by 63.44% to $361.6 million in 2024, then jumped by 41.43% to $511.4 million in 2025, then decreased by 12.39% to $448.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $448.0 million, $511.4 million, and $429.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.