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Axon (AXON) Reports Q2 Earnings: What Key Metrics Have to Say
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Axon Enterprise (AXON - Free Report) reported $904.39 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 35.3%. EPS of $1.88 for the same period compares to $2.12 a year ago.
The reported revenue represents a surprise of +4.15% over the Zacks Consensus Estimate of $868.35 million. With the consensus EPS estimate being $1.89, the EPS surprise was -0.53%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: $1,639.00 compared to the $1,591.58 average estimate based on three analysts.
Net Sales- Products: $506.55 million compared to the $478.6 million average estimate based on six analysts. The reported number represents a change of +34.6% year over year.
Net sales- Software and Services: $397.84 million versus $390.06 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +36.2% change.
Net sales- Connected Devices: $506.55 million compared to the $478.6 million average estimate based on six analysts. The reported number represents a change of +34.6% year over year.
Net Sales- Services: $397.84 million compared to the $390.07 million average estimate based on six analysts. The reported number represents a change of +36.2% year over year.
Net sales- Connected Devices- Platform Solutions: $149.84 million versus the five-analyst average estimate of $99.55 million. The reported number represents a year-over-year change of +122.6%.
Net sales- Connected Devices- TASER: $261.32 million versus the five-analyst average estimate of $264.77 million. The reported number represents a year-over-year change of +20.9%.
Net sales- Connected Devices- Personal Sensors: $95.39 million compared to the $114.91 million average estimate based on five analysts. The reported number represents a change of +2.8% year over year.
Adjusted gross margin- Software and Services: $298.79 million versus the three-analyst average estimate of $299.71 million.
Adjusted gross margin- Connected Devices: $270.34 million versus the three-analyst average estimate of $244.23 million.
Shares of Axon have returned -5.2% over the past month versus the Zacks S&P 500 composite's +3.5% 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.
View the Zacks #1 Rank List
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Axon (AXON) Reports Q2 Earnings: What Key Metrics Have to Say
Axon Enterprise (AXON - Free Report) reported $904.39 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 35.3%. EPS of $1.88 for the same period compares to $2.12 a year ago.
The reported revenue represents a surprise of +4.15% over the Zacks Consensus Estimate of $868.35 million. With the consensus EPS estimate being $1.89, the EPS surprise was -0.53%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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 -5.2% over the past month versus the Zacks S&P 500 composite's +3.5% 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.