Axon Enterprise (AXON) Operating Leases (2021 - 2026)

Axon Enterprise (AXON) recorded quarterly Operating Leases of $97.2 million in Q1 2026, down 1.78% quarter-over-quarter from $98.9 million in Q4 2025, and up 142.86% on a YoY basis from $40.0 million in Q1 2025.

Axon Enterprise (AXON) Operating Leases (2021 - 2026) Analysis & Trends

Axon Enterprise's Operating Leases history runs 6 years deep, the most recent figure standing at $97.2 million for Q1 2026.

  • In Q1 2026, Operating Leases rose 142.86% year-over-year to $97.2 million; the TTM figure through Mar 2026 stood at $97.2 million (up 142.86% YoY), while the FY2025 annual figure was $98.9 million, up 94.63% from the prior year.
  • Operating Leases was $97.2 million for Q1 2026 at Axon Enterprise, down from $98.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $98.9 million in Q4 2025 to a low of $16.3 million in Q3 2022.
  • Historically, Operating Leases has averaged $45.1 million across 5 years, with a median of $37.1 million in 2022.
  • The sharpest annual moves came in 2023 and 2026: Operating Leases retreated 9.67% in 2023, then soared 142.86% in 2026.
  • A 5-year view of Operating Leases shows it stood at $37.1 million in 2022, then decreased by 9.67% to $33.6 million in 2023, then surged by 51.52% to $50.8 million in 2024, then soared by 94.63% to $98.9 million in 2025, then fell by 1.78% to $97.2 million in 2026.
  • The last three Operating Leases figures came in at $97.2 million (Q1 2026), $98.9 million (Q4 2025), and $90.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn
8 Embraer 95.73 Bn 93.11 Bn -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn
10 Axon Enterprise 35.50 Bn 34.78 Bn 477.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 97.18 Mn
Dec 31, 2025 98.94 Mn
Sep 30, 2025 90.21 Mn
Jun 30, 2025 43.64 Mn
Mar 31, 2025 40.02 Mn
Dec 31, 2024 50.84 Mn
Sep 30, 2024 41.22 Mn
Jun 30, 2024 41.71 Mn
Mar 31, 2024 32.55 Mn
Dec 31, 2023 33.55 Mn
Sep 30, 2023 35.33 Mn
Jun 30, 2023 33.99 Mn
Mar 31, 2023 35.05 Mn
Dec 31, 2022 37.14 Mn
Sep 30, 2022 16.31 Mn
Jun 30, 2022 18.21 Mn
Mar 31, 2022 20.11 Mn
Dec 31, 2021 20.44 Mn