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

Axon Enterprise has reported Operating Expenses for 17 years, with the latest figure at $448.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 19.63% year-over-year to $448.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.8 billion (up 36.38% YoY), and the FY2025 full-year result was $1.7 billion, up 45.43% from the prior year.
• Operating Expenses for Q1 2026 stood at $448.0 million, 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.
• Year-over-year, Operating Expenses tumbled 34.14% in 2022 and soared 63.44% in 2024.
• Tracing AXON's Operating Expenses over 5 years: stood at $180.9 million in 2022, then gained 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, then fell by 12.39% to $448.0 million in 2026.
• The last three Operating Expenses figures came in at $448.0 million (Q1 2026), $511.4 million (Q4 2025), and $429.5 million (Q3 2025), per Business Quant data.

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