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Compared to Estimates, Axon (AXON) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2026, Axon Enterprise (AXON - Free Report) reported revenue of $807.35 million, up 33.8% over the same period last year. EPS came in at $1.61, compared to $1.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $780.58 million, representing a surprise of +3.43%. The company delivered an EPS surprise of -2.87%, with the consensus EPS estimate being $1.66.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Axon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Annual recurring revenue: $1,493.00 compared to the $1,461.67 average estimate based on five analysts.
Net Sales- Products: $452.82 million compared to the $422.58 million average estimate based on six analysts. The reported number represents a change of +32.8% year over year.
Net sales- Software and Services: $354.52 million versus $354.11 million estimated by six analysts on average.
Net sales- Connected Devices: $452.82 million versus the six-analyst average estimate of $422.58 million.
Net Sales- Services: $354.52 million compared to the $354.11 million average estimate based on six analysts. The reported number represents a change of +34.9% year over year.
Net sales- Connected Devices- Platform Solutions: $111.22 million versus the five-analyst average estimate of $75.23 million.
Net sales- Connected Devices- TASER: $232.85 million versus $242.19 million estimated by five analysts on average.
Net sales- Connected Devices- Personal Sensors: $108.75 million compared to the $106.8 million average estimate based on five analysts.
Adjusted gross margin- Software and Services: $268.61 million compared to the $275.44 million average estimate based on three analysts.
Adjusted gross margin- Connected Devices: $228.32 million versus the three-analyst average estimate of $214.89 million.
Shares of Axon have returned +2.1% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Axon (AXON) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2026, Axon Enterprise (AXON - Free Report) reported revenue of $807.35 million, up 33.8% over the same period last year. EPS came in at $1.61, compared to $1.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $780.58 million, representing a surprise of +3.43%. The company delivered an EPS surprise of -2.87%, with the consensus EPS estimate being $1.66.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Axon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Axon here>>>
Shares of Axon have returned +2.1% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.