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Axon Enterprise (AXON) Operating Expenses (2016 - 2025)

Axon Enterprise has reported Operating Expenses over the past 16 years, most recently at $511.4 million for Q4 2025.

  • Quarterly results put Operating Expenses at $511.4 million for Q4 2025, up 41.43% from a year ago — trailing twelve months through Dec 2025 was $1.7 billion (up 45.43% YoY), and the annual figure for FY2025 was $1.7 billion, up 45.43%.
  • Operating Expenses for Q4 2025 was $511.4 million at Axon Enterprise, up from $429.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for AXON hit a ceiling of $511.4 million in Q4 2025 and a floor of $138.5 million in Q1 2022.
  • Median Operating Expenses over the past 5 years was $210.2 million (2023), compared with a mean of $252.2 million.
  • Biggest five-year swings in Operating Expenses: surged 127.4% in 2021 and later tumbled 34.14% in 2022.
  • Axon Enterprise's Operating Expenses stood at $162.0 million in 2021, then increased by 11.69% to $180.9 million in 2022, then grew by 22.31% to $221.2 million in 2023, then soared by 63.44% to $361.6 million in 2024, then surged by 41.43% to $511.4 million in 2025.
  • The last three reported values for Operating Expenses were $511.4 million (Q4 2025), $429.5 million (Q3 2025), and $404.8 million (Q2 2025) per Business Quant data.