Axon Enterprise (AXON) Return on Equity [ROE] (2011 - 2026)
Axon Enterprise (AXON) posted Return on Equity [ROE] of 5.53% for Q2 2026, down 6.81 percentage points from 12.34% a year earlier and down 0.55 percentage points from the prior quarter.
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Analysis
Axon Enterprise (AXON) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Axon Enterprise's Return on Equity [ROE] came in at 4.48%, down 14.65 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +4.70 percentage points (FY2020 to FY2025).
- In prior years, Axon Enterprise's Return on Equity [ROE] was 19.12% in FY2024 (+6.94 pp), 12.18% in FY2023 (-0.48 pp), 12.66% in FY2022 (+18.22 pp) and -5.56% in FY2021 (-5.33 pp).
- Quarterly Return on Equity [ROE] has run from a low of -5.21% in Q4 2021 to a high of 17.03% in Q4 2024 over five years.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last six quarters, with an average year-over-year change of -3.44 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q2 2022, with a gain of 19.11 percentage points; the weakest was Q4 2025, with a drop of 13.06 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 6.08% (Q1 2026), 3.98% (Q4 2025) and 8.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.01 Bn | 241.08 Bn | 2.30 Bn | 1.11% |
| 2 | CrowdStrike Holdings | 231.46 Bn | 211.86 Bn | 1.10 Bn | 1.60% |
| 3 | Fortinet | 123.83 Bn | 109.76 Bn | 1.64 Bn | 166.87% |
| 4 | Snowflake | 107.27 Bn | 94.59 Bn | 1.04 Bn | -53.23% |
| 5 | Datadog | 88.05 Bn | 69.69 Bn | 881.34 Mn | 4.25% |
| 6 | Zscaler | 33.23 Bn | 19.35 Bn | - | - |
| 7 | Okta | 32.56 Bn | 22.66 Bn | 641.00 Mn | 4.27% |
| 8 | Axon Enterprise | 31.41 Bn | 25.93 Bn | 546.45 Mn | 5.53% |
| 9 | MongoDB | 27.26 Bn | 17.73 Bn | 569.77 Mn | 1.99% |
| 10 | F5 | 25.06 Bn | 19.47 Bn | 711.51 Mn | 19.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.53% |
| Mar 31, 2026 | 6.08% |
| Dec 31, 2025 | 3.98% |
| Sep 30, 2025 | 8.93% |
| Jun 30, 2025 | 12.34% |
| Mar 31, 2025 | 13.58% |
| Dec 31, 2024 | 17.03% |
| Sep 30, 2024 | 14.82% |
| Jun 30, 2024 | 15.62% |
| Mar 31, 2024 | 15.31% |
| Dec 31, 2023 | 11.19% |
| Sep 30, 2023 | 9.94% |
| Jun 30, 2023 | 6.91% |
| Mar 31, 2023 | 10.31% |
| Dec 31, 2022 | 11.75% |
| Sep 30, 2022 | 8.92% |
| Jun 30, 2022 | 12.47% |
| Mar 31, 2022 | 4.27% |
| Dec 31, 2021 | -5.21% |
| Sep 30, 2021 | -1.87% |
API Access
Axon Enterprise Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();