FINHUB Insights

AXON · Q2 FY26 · Apr 1 – Jun 30, 2026

Axon Enterprise Q2 FY26: where the revenue came from and where it went

Axon Enterprise Q2 FY26: revenue $0.9B (+35% year over year). Net profit $0.03B. Largest cohort Connected devices $0.45B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
May 7, 2026 10-Q
Sankey diagram of Axon Enterprise's income statement for Q2 FY26: revenue of $0.90 billion splits into segments and flows out into costs, taxes and net profit.

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Revenue$0.90B +35% year over year
Gross profit$0.55B 60% margin
Operating profit$0.05B 5% margin
Net profit$0.03B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 0.90 100% +35%
Connected devices 0.45 50%
TASER 0.23 26%
Platform solutions 0.11 12%
Personal sensors 0.11 12%
Cost of revenue−0.3640%
Gross profit0.5560% margin+0pp
R&D−0.2123%−1pp
SG&A−0.2932%−4pp
Operating profit0.055% margin+5pp
Interest & other costs−0.02
Net profit0.033%−2pp
Filing on EDGAR More quarters of AXON

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.