Form 10-Q · Quarterly report
Axon Enterprise 10-Q, filed Aug 6, 2026
- Filed
- CIK
- 0001069183
- Accession no.
- 0001628280-26-053646
Summary
Axon Enterprise reported second-quarter 2026 revenue of $904.4 million, up 35.3% from a year earlier, and income from operations of $46.8 million compared with a $1.0 million operating loss in the prior-year quarter. Gross margin was 60.4% and adjusted gross margin 62.9%, with the company citing a higher mix of professional services revenue, scaling of new products, and $47.4 million in tariff refunds received after the Supreme Court found IEEPA tariffs unauthorized.
Key points
- Revenue for the three months ended June 30, 2026 was $904.4 million, up 35.3% year over year, with income from operations of $46.8 million versus a $1.0 million loss a year earlier.
- Six-month revenue was $1.7 billion, up 34.6%, and net income was $198.7 million, including $202.3 million of net gains on strategic investments.
- Axon received $47.4 million in tariff refunds during the quarter after the Supreme Court determined on February 20, 2026 that tariffs imposed under the International Emergency Economic Powers Act were unauthorized; $18.1 million of that had been previously expensed.
- Platform Solutions revenue rose 122.6% to $149.8 million, primarily on higher counter-drone equipment volume, while Software and Services revenue rose 36.2%.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview Axon is a technology company that provides integrated hardware and software solutions. Our products and services allow customers across the public and private sector to capture and use critical data to support fully-connected operational workflows. Our trusted network seamlessly integrates software and hardware with a range of connected devices, including TASER energy devices, cameras and sensors, drones and robotics, cloud-based evidence management, records management, real-time operations software, critical incident and emergency response systems, immersive training, and productivity tools – all enhanced by artificial intelligence. …
An excerpt of the text as filed with the SEC, cut for length.
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