Axon Q2 revenue beats estimates, outlook raised
AXON•Revenue growth drivers
- Software & services growth - Revenue rose 36% yr/yr, driven by new users and increased adoption of premium software offerings, including the AI Era Plan
- Connected devices demand - Revenue up 35% yr/yr, led by Dedrone, TASER 10 and Axon Body 4 adoption
- Global tariff refunds - Gross margin improvement in Connected Devices segment was partly due to global tariff refunds
Outlook raised for 2026
- Axon raises 2026 revenue growth outlook to 32%-34%, up from 30%-32% previously
- Company maintains full-year 2026 Adjusted EBITDA margin outlook at 25.5%
- Axon expects 2026 capital expenditures of $160 mln to $190 mln
Q2 revenue beats estimates
- U.S. public safety tech firm's Q2 revenue grew 35% yr/yr, beating analyst expectations
- Net income fell yr/yr, mainly due to a prior-year tax benefit
- Company raised 2026 revenue growth outlook to 32%-34% from 30%-32%
Key details and analyst coverage
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