Axon Enterprise (AXON) Operating Margin (2010 - 2026)
Axon Enterprise (AXON) recorded quarterly Operating Margin of 3.62% in Q1 2026, up 157.58% quarter-over-quarter from 6.29% in Q4 2025, and up 508.0% on a YoY basis from 0.6% in Q1 2025.
Axon Enterprise (AXON) Operating Margin (2010 - 2026) Analysis & Trends
Axon Enterprise's Operating Margin history runs 17 years deep, the most recent figure standing at 3.62% for Q1 2026.
- In Q1 2026, Operating Margin rose 508.0% year-over-year to 3.62%; the TTM figure through Mar 2026 stood at 0.81% (down 230.0% YoY), while the FY2025 annual figure was 2.23%, down 504.0% from the prior year.
- Operating Margin was 3.62% for Q1 2026 at Axon Enterprise, up from 6.29% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 13.89% in Q3 2023 to a low of 6.29% in Q4 2025.
- Historically, Operating Margin has averaged 4.59% across 5 years, with a median of 5.11% in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Margin surged 5032 bps in 2022, then slumped 1267 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 6.68% in 2022, then soared by 49 bps to 9.93% in 2023, then tumbled by 128 bps to 2.74% in 2024, then plunged by 130 bps to 6.29% in 2025, then soared by 158 bps to 3.62% in 2026.
- The last three Operating Margin figures came in at 3.62% (Q1 2026), 6.29% (Q4 2025), and 0.3% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -90.05% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -8.61% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 11.57% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.02% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.45% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 32.56% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 10.53% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 10.01% |
| 10 | Axon Enterprise | 35.50 Bn | 34.78 Bn | 477.29 Mn | 3.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.62% |
| Dec 31, 2025 | -6.29% |
| Sep 30, 2025 | -0.30% |
| Jun 30, 2025 | -0.15% |
| Mar 31, 2025 | -1.46% |
| Dec 31, 2024 | -2.74% |
| Sep 30, 2024 | 4.42% |
| Jun 30, 2024 | 6.71% |
| Mar 31, 2024 | 3.58% |
| Dec 31, 2023 | 9.93% |
| Sep 30, 2023 | 13.89% |
| Jun 30, 2023 | 10.49% |
| Mar 31, 2023 | 5.11% |
| Dec 31, 2022 | 6.68% |
| Sep 30, 2022 | 10.30% |
| Jun 30, 2022 | 7.50% |
| Mar 31, 2022 | 6.71% |
| Dec 31, 2021 | -10.05% |
| Sep 30, 2021 | 1.25% |
| Jun 30, 2021 | -42.82% |