Axon Enterprise (AXON) Research & Development (2010 - 2026)

Axon Enterprise has reported Research & Development for 17 years, with the latest figure at $208.7 million in Q2 2026.

• On a quarterly basis, Research & Development rose 28.37% year-over-year to $208.7 million in Q2 2026; TTM through Jun 2026 was $768.4 million, a 36.56% increase from a year earlier, with the FY2025 full-year figure at $684.3 million, up 54.96% from the prior year.
• Research & Development was $208.7 million for Q2 2026 at Axon Enterprise, up from $189.0 million in the prior quarter.
• The five-year high for Research & Development was $208.7 million in Q2 2026, with the low at $48.4 million in Q1 2022.
• Average Research & Development over 5 years is $114.5 million, with a median of $96.3 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2025: Research & Development increased 2.97% in 2022, then jumped 65.78% in 2025.
• Over 5 years, Research & Development stood at $68.7 million in 2022, then climbed by 22.19% to $84.0 million in 2023, then surged by 60.28% to $134.6 million in 2024, then surged by 44.17% to $194.0 million in 2025, then increased by 7.55% to $208.7 million in 2026.
• The last three Research & Development figures came in at $208.7 million (Q2 2026), $189.0 million (Q1 2026), and $194.0 million (Q4 2025), per Business Quant data.