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

Axon Enterprise (AXON) has reported Research & Development for 17 consecutive years, with $189.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Research & Development rose 25.11% year-over-year to $189.0 million; the TTM figure through Mar 2026 stood at $722.2 million (up 44.01% YoY), while the FY2025 annual figure was $684.3 million, up 54.96% from the prior year.
• Research & Development came in at $189.0 million for Q1 2026 at Axon Enterprise, down from $194.0 million in the prior quarter.
• The five-year high for Research & Development was $194.0 million in Q4 2025, with the low at $48.4 million in Q1 2022.
• Average Research & Development over 5 years is $109.0 million, with a median of $91.1 million recorded in 2024.
• Across the five-year window, Research & Development gained 2.97% in 2022 and soared 65.78% in 2025, its largest moves.
• Year by year, Research & Development stood at $68.7 million in 2022, then rose by 22.21% to $84.0 million in 2023, then soared by 60.27% to $134.6 million in 2024, then surged by 44.17% to $194.0 million in 2025, then decreased by 2.62% to $189.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $189.0 million, $194.0 million, and $176.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.