Axon Enterprise (AXON) Return on Assets [ROA] (2009 - 2026)
Axon Enterprise (AXON) posted Return on Assets [ROA] of 3.11% for Q3 2026, down 0.83 percentage points from 3.94% a year earlier but up 0.44 percentage points from the prior quarter.
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Analysis
Axon Enterprise (AXON) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Axon Enterprise's Return on Assets [ROA] came in at 2.28%, down 7.09 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of +2.44 percentage points (FY2020 to FY2025).
- In prior years, Axon Enterprise's Return on Assets [ROA] was 9.37% in FY2024 (+3.87 pp), 5.50% in FY2023 (-0.71 pp), 6.21% in FY2022 (+9.89 pp) and -3.67% in FY2021 (-3.52 pp).
- Quarterly Return on Assets [ROA] has run from a low of -3.40% in Q4 2021 to a high of 8.72% in Q4 2024 over five years.
- On a year-over-year basis, Return on Assets [ROA] has declined in each of the last seven quarters, with an average year-over-year change of -2.18 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q2 2022, with a gain of 12.40 percentage points; the weakest was Q4 2025, with a drop of 6.81 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 2.68% (Q2 2026), 3.01% (Q1 2026) and 1.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 262.63 Bn | 247.70 Bn | 2.30 Bn | 0.65% |
| 2 | CrowdStrike Holdings | 232.03 Bn | 212.47 Bn | 1.10 Bn | 0.68% |
| 3 | Snowflake | 102.55 Bn | 89.87 Bn | 1.04 Bn | -12.62% |
| 4 | Fortinet | 93.46 Bn | 77.71 Bn | 1.64 Bn | 20.01% |
| 5 | Datadog | 66.49 Bn | 47.03 Bn | 959.92 Mn | 3.40% |
| 6 | Zscaler | 31.38 Bn | 17.54 Bn | 689.22 Mn | -0.84% |
| 7 | Okta | 30.56 Bn | 22.72 Bn | 641.00 Mn | 3.20% |
| 8 | MongoDB | 26.92 Bn | 17.39 Bn | 569.77 Mn | 1.57% |
| 9 | Baidu | 26.59 Bn | -46.85 Bn | 1.80 Bn | -0.81% |
| 10 | Axon Enterprise | 25.68 Bn | 20.94 Bn | 514.98 Mn | 3.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.11% |
| Jun 30, 2026 | 2.68% |
| Mar 31, 2026 | 3.01% |
| Dec 31, 2025 | 1.91% |
| Sep 30, 2025 | 3.94% |
| Jun 30, 2025 | 5.33% |
| Mar 31, 2025 | 6.16% |
| Dec 31, 2024 | 8.72% |
| Sep 30, 2024 | 7.81% |
| Jun 30, 2024 | 7.80% |
| Mar 31, 2024 | 7.37% |
| Dec 31, 2023 | 5.18% |
| Sep 30, 2023 | 4.51% |
| Jun 30, 2023 | 3.19% |
| Mar 31, 2023 | 4.60% |
| Dec 31, 2022 | 5.80% |
| Sep 30, 2022 | 5.16% |
| Jun 30, 2022 | 7.59% |
| Mar 31, 2022 | 2.57% |
| Dec 31, 2021 | -3.40% |
API Access
Axon Enterprise Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "AXON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();