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

Axon Enterprise (AXON) posted quarterly Operating Margin of 3.62% for Q1 2026, up 508.0% year-over-year from 0.6% in Q1 2025, and up 157.58% on a QoQ basis from 6.29% in Q4 2025.

Axon Enterprise (AXON) Operating Margin (2010 - 2026) Analysis & Trends

Axon Enterprise (AXON) has reported Operating Margin for 17 consecutive years, with 3.62% the latest figure, recorded in 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 came in at 3.62% for Q1 2026 at Axon Enterprise, up from 6.29% in the prior quarter.
  • The five-year high for Operating Margin was 13.89% in Q3 2023, with the low at 6.29% in Q4 2025.
  • Average Operating Margin over 5 years is 4.59%, with a median of 5.11% recorded in 2023.
  • Across the five-year window, Operating Margin surged 5032 bps in 2022 and tumbled 1267 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 6.68% in 2022, then soared by 49 bps to 9.93% in 2023, then plunged by 128 bps to 2.74% in 2024, then sank by 130 bps to 6.29% in 2025, then soared by 158 bps to 3.62% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 3.62%, 6.29%, and 0.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.02%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 11.57%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 10.53%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 11.45%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 32.56%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 46.31%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 10.01%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -27.94%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 11.35%
10 Axon Enterprise 47.61 Bn 46.89 Bn 477.29 Mn 3.62%

Historic Data

Download Data
DateValue
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%