Growth Metrics

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

Axon Enterprise has reported Operating Margin over the past 16 years, most recently at 6.29% for Q4 2025.

  • Quarterly results put Operating Margin at 6.29% for Q4 2025, up 30263.0% from a year ago — trailing twelve months through Dec 2025 was 2.23% (down 610.0% YoY), and the annual figure for FY2025 was 2.23%, down 504.0%.
  • Operating Margin for Q4 2025 was 6.29% at Axon Enterprise, down from 0.3% in the prior quarter.
  • Over the last five years, Operating Margin for AXON hit a ceiling of 13.89% in Q3 2023 and a floor of 308.92% in Q4 2024.
  • Median Operating Margin over the past 5 years was 4.0% (2024), compared with a mean of 15.46%.
  • Biggest five-year swings in Operating Margin: plummeted -31885bps in 2024 and later skyrocketed 30263bps in 2025.
  • Axon Enterprise's Operating Margin stood at 10.05% in 2021, then soared by 166bps to 6.68% in 2022, then skyrocketed by 49bps to 9.93% in 2023, then plummeted by -3210bps to 308.92% in 2024, then soared by 98bps to 6.29% in 2025.
  • The last three reported values for Operating Margin were 6.29% (Q4 2025), 0.3% (Q3 2025), and 0.15% (Q2 2025) per Business Quant data.