Axon Enterprise (AXON) Tax Rate (2011 - 2026)
Axon Enterprise (AXON) recorded Tax Rate of 9.97% in Q2 2026, down 182.92 percentage points from 192.89% a year earlier and down 5.47 percentage points from the prior quarter.
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Analysis
Axon Enterprise (AXON) Tax Rate (2011 - 2026) Analysis & Trends
On a TTM basis, Axon Enterprise's Tax Rate came in at -9.28% as of Jun 30, 2026, up 30.38 percentage points year-over-year; for FY2025, it was -556.98%, down 558.15 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -629.58 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 1.17% in FY2024 (+13.09 pp), -11.92% in FY2023 (-37.05 pp), 25.13% in FY2022 (-33.57 pp) and 58.70% in FY2021 (-13.90 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +24.03 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 1863.64 percentage points in Q3 2021, against a drop of 1896.19 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.44% (Q1 2026), 104.14% (Q4 2025) and 113.92% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 261.23 Bn | 246.30 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 233.89 Bn | 214.29 Bn | 1.10 Bn | - |
| 3 | Fortinet | 125.38 Bn | 111.31 Bn | 1.64 Bn | 15.97% |
| 4 | Snowflake | 108.45 Bn | 95.77 Bn | 1.04 Bn | - |
| 5 | Datadog | 88.65 Bn | 70.29 Bn | 881.34 Mn | 13.92% |
| 6 | Zscaler | 33.05 Bn | 19.16 Bn | - | - |
| 7 | Okta | 32.99 Bn | 23.09 Bn | 641.00 Mn | 7.94% |
| 8 | Axon Enterprise | 32.35 Bn | 26.87 Bn | 546.45 Mn | 9.97% |
| 9 | MongoDB | 27.25 Bn | 17.72 Bn | 569.77 Mn | 10.89% |
| 10 | F5 | 25.14 Bn | 19.55 Bn | 711.51 Mn | 7.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.97% |
| Mar 31, 2026 | 15.44% |
| Sep 30, 2025 | 113.92% |
| Mar 31, 2025 | 18.83% |
| Sep 30, 2024 | 15.76% |
| Jun 30, 2024 | 19.43% |
| Mar 31, 2024 | 19.62% |
| Sep 30, 2023 | 14.53% |
| Dec 31, 2022 | 15.92% |
| Sep 30, 2022 | 41.84% |
| Jun 30, 2022 | 25.53% |
| Mar 31, 2022 | 24.31% |
| Sep 30, 2019 | 27.64% |
| Dec 31, 2018 | 30.89% |
| Mar 31, 2018 | 12.93% |
| Dec 31, 2017 | 129.31% |
| Sep 30, 2017 | 33.12% |
| Jun 30, 2017 | 9.25% |
| Mar 31, 2017 | 17.57% |
| Dec 31, 2016 | 33.39% |
API Access
Axon Enterprise Tax Rate 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=tax-rate&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();