Axon Enterprise (AXON) Return on Assets [ROA] (2011 - 2026)
Axon Enterprise (AXON) posted Return on Assets [ROA] of 2.74% for Q2 2026, down 2.57 percentage points from 5.31% a year earlier and down 0.19 percentage points from the prior quarter.
Axon Enterprise (AXON) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Axon Enterprise's Return on Assets [ROA] came in at 2.17%, down 7.39 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of +2.33 percentage points (FY2020 to FY2025).
- In prior years, Axon Enterprise's Return on Assets [ROA] was 9.56% in FY2024 (+3.95 pp), 5.62% in FY2023 (-0.86 pp), 6.47% in FY2022 (+10.14 pp) and -3.67% in FY2021 (-3.52 pp).
- Quarterly Return on Assets [ROA] has run from a low of -3.38% in Q4 2021 to a high of 8.89% in Q4 2024 over five years.
- On a year-over-year basis, Return on Assets [ROA] has declined in each of the last six quarters, with an average year-over-year change of -1.75 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 12.58 percentage points; the weakest was Q4 2025, with a drop of 7.07 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 2.93% (Q1 2026), 1.83% (Q4 2025) and 3.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 322.94 Bn | 308.02 Bn | 2.30 Bn | 0.65% |
| 2 | CrowdStrike Holdings | 272.46 Bn | 252.90 Bn | 1.10 Bn | 0.68% |
| 3 | Fortinet | 131.11 Bn | 117.04 Bn | 1.64 Bn | 20.44% |
| 4 | Snowflake | 120.49 Bn | 107.81 Bn | 1.04 Bn | -12.62% |
| 5 | Datadog | 99.24 Bn | 80.88 Bn | 881.34 Mn | 2.45% |
| 6 | Okta | 35.54 Bn | 25.63 Bn | 641.00 Mn | 3.20% |
| 7 | Axon Enterprise | 34.30 Bn | 28.82 Bn | 546.45 Mn | 2.74% |
| 8 | Zscaler | 32.41 Bn | 18.53 Bn | - | - |
| 9 | Baidu | 29.12 Bn | -44.51 Bn | 1.47 Mn | -0.80% |
| 10 | MongoDB | 28.33 Bn | 18.80 Bn | 569.77 Mn | 1.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.74% |
| Mar 31, 2026 | 2.93% |
| Dec 31, 2025 | 1.83% |
| Sep 30, 2025 | 3.99% |
| Jun 30, 2025 | 5.31% |
| Mar 31, 2025 | 6.28% |
| Dec 31, 2024 | 8.89% |
| Sep 30, 2024 | 7.72% |
| Jun 30, 2024 | 8.00% |
| Mar 31, 2024 | 7.53% |
| Dec 31, 2023 | 5.28% |
| Sep 30, 2023 | 4.67% |
| Jun 30, 2023 | 3.24% |
| Mar 31, 2023 | 4.71% |
| Dec 31, 2022 | 6.04% |
| Sep 30, 2022 | 5.49% |
| Jun 30, 2022 | 7.80% |
| Mar 31, 2022 | 2.68% |
| Dec 31, 2021 | -3.38% |
| Sep 30, 2021 | -1.30% |
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_KEY
import 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();