SuperworthAxon Enterprise AXON
- Market cap
- $34.1B
- PE
- 174×
- 10y median 136×
- Forward PE
- 47.0×
- 10y median 82.8×
- Price to sales
- 10.6×
- EV/EBIT
- n/m
- a sliver of operating profit
- Revenue, 12 months
- $3.2B
- +35% on a year ago
- Net margin
- 6.2%
- Free cash flow yield
- 0.4%
Axon Enterprise trades at 174× trailing earnings, pricier than 65% of the last ten years. Revenue was $3.2B over the last twelve months, up 35% on a year earlier with a 6% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $413.3M+33% | $430.4M+28% | $459.9M+34% | $503.2M+35% | $544.3M+32% | $575.1M+34% | $603.6M+31% | $668.5M+33% | $710.6M+31% | $796.7M+39% | $807.3M+34% | $904.4M+35% | |
| Cost of revenue | $156.6M+32% | $166.4M+28% | $201.2M+44% | $197.1M+38% | $213.5M+36% | $229.3M+38% | $237.9M+18% | $264.8M+34% | $283.3M+33% | $335.4M+46% | $330.1M+39% | $357.9M+35% |
| Gross profit | $256.7M+33% | $264M+28% | $258.6M+27% | $306.2M+33% | $330.7M+29% | $345.8M+31% | $365.7M+41% | $403.7M+32% | $427.3M+29% | $461.3M+33% | $477.3M+31% | $546.4M+35% |
| R&D | $76.9M+30% | $84M+22% | $91.1M+28% | $101.4M+41% | $114.5M+49% | $134.6M+60% | $151M+66% | $162.6M+60% | $176.7M+54% | $194M+44% | $188.9M+25% | $208.7M+28% |
| SG&A | $122.4M+20% | $137.3M+20% | $151.1M+30% | $171M+43% | $192.2M+57% | $227M+65% | $223.5M+48% | $242.2M+42% | $252.8M+32% | $317.4M+40% | $259.1M+16% | $291M+20% |
| $57.4M+79% | $42.7M+90% | $16.5M−7% | $33.8M−14% | $24.1M−58% | −$15.8M | −$8.8M | −$1M | −$2.1M | −$50.1M+218% | $29.2M | $46.8M | |
| Interest expense | n/a | n/a | $1.8M | $1.9M | $1.6M | $1.8M | $7.8M+345% | $28.7M+1433% | $28.9M+1657% | $28.8M+1479% | $28.6M+266% | $28.1M−2% |
| Pre-tax income | $71.7M+244% | $55.7M+61% | $165.9M+287% | $51.5M | $79.6M+11% | $84.6M+52% | $108.4M−35% | −$38.9M | $15.7M−80% | −$66.2M | $200.2M+85% | $32.7M |
| $10.4M+19% | −$1.3M | $32.5M | $10M | $12.5M+20% | −$50.6M+3732% | $20.4M−37% | −$75M | $17.9M+43% | −$69M+36% | $30.9M+51% | $3.3M | |
| Net income | $61.3M+405% | $57.1M+96% | $133.4M+191% | $41.5M+260% | $67M+9% | $135.2M+137% | $88M−34% | $36.1M−13% | −$2.2M | $2.7M−98% | $169.3M+92% | $29.4M−19% |
| $0.81+377% | $0.75+88% | $1.73+179% | $0.53+253% | $0.86+6% | $1.66+121% | $1.08−38% | $0.44−17% | −$0.03 | $0.03−98% | $2.05+90% | $0.36−18% | |
| 76M+5% | 76.2M+4% | 77.1M+4% | 77.5M+2% | 78.1M+3% | 81.4M+7% | 81.5M+6% | 82.1M+6% | 78.4M+0% | 82.8M+2% | 82.5M+1% | 82.5M+1% |
EPS, diluted: 10 periods, Q4 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 5 periods, Q4 FY10 to Q4 FY21: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 11 periods, Q4 FY12 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $937.8M | $906.4M to $956.7M | $1.90 | $1.22 to $2.46 | 12 |
| Q4 FY26 | $1.1B | $919.7M to $1.1B | $2.28 | $1.49 to $2.88 | 12 |
| Q1 FY27 | $1.1B | $963.2M to $1.1B | $2.20 | $1.96 to $2.31 | 5 |
| Q2 FY27 | $1.2B | $1.1B to $1.2B | $2.54 | $2.26 to $2.66 | 5 |
| Q3 FY27 | $1.2B | $1.1B to $1.3B | $2.72 | $2.42 to $2.85 | 5 |
| Q4 FY27 | $1.4B | $1.2B to $1.4B | $3.10 | $2.76 to $3.25 | 5 |
| Q1 FY28 | $1.3B | $1.2B to $1.4B | $2.80 | $2.50 to $2.94 | 6 |
| Q2 FY28 | $1.5B | $1.4B to $1.5B | $3.19 | $2.84 to $3.35 | 6 |
Peers
Companies in Aerospace & Defense nearest Axon Enterprise's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| AXONAxon Enterprise | $34.1B | 174× | 136× | 47.0× | 10.6× | +35% | 6.2% |
| HEIHEICO | $41.6B | 49.5× | 59.3× | 42.8× | 8.0× | +21% | 16.4% |
| LHXL3Harris Technologies | $47.3B | 25.6× | 30.1× | 20.6× | n/m | n/m | n/m |
| HONAHoneywell Aerospace | $51.8B | n/m | n/a | 20.1× | n/m | n/m | n/m |
| TDGTransDigm | $61.1B | 33.5× | 42.3× | 23.6× | 6.1× | +17% | 21.3% |
| WWDWoodward | $17.9B | 33.8× | 31.3× | n/m | 4.3× | +22% | 13.2% |
| CWCurtiss-Wright | $17.2B | 32.0× | 23.6× | 28.8× | 4.7× | +11% | 14.8% |
| FTAIFTAI Aviation | $15.9B | 33.6× | 41.7× | n/m | 5.1× | +45% | 15.9% |
| HWMHowmet Aerospace | $74.1B | 40.1× | 40.9× | 31.5× | 8.1× | +18% | 20.5% |
| NOCNorthrop Grumman | $78.3B | 17.5× | 19.5× | 18.9× | 1.8× | +6% | 10.5% |
| TXTTextron | $13.2B | 14.5× | 17.8× | n/m | 0.9× | +9% | 6.1% |
| Peer median | $44.4B | 33.5× | 31.3× | 23.6× | 4.9× | +17% | 15.4% |
Investors who own it
Investors we follow who held Axon Enterprise at the end of Jun 30, 2026, from their 13F filings.
- Baillie GiffordBaillie Gifford1.6% of portfolioadded
- Ron BaronBaron Capital0.1% of portfolioadded
More on Axon Enterprise
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 62Industrial stocks with the fastest expected revenue growth
- #2of 12Aerospace and defense stocks with the fastest expected revenue growth
- #8of 46Aerospace and defense stocks with the fastest revenue growth
Its groups
About
- Industry
- Aerospace & Defense
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .