AXON · News · 20260805N
Revenue Performance and Mix
AXON ENTERPRISE, INC. · 2026-08-05 · Importance 58 · Surprise 56 · No source text
Second-quarter revenue increased 35% year over year to $904.39 million from $668.54 million, marking Axon’s tenth consecutive quarter with growth above 30%. Software & Services revenue grew 36% to $398 million, Platform Solutions revenue increased 123% to $150 million, and AI Era revenue grew nearly 700%. Annual recurring revenue rose 39% to $1.6 billion, while Dedrone revenue surpassed $100 million and net revenue retention reached 126%.
Key facts
- Platform Solutions revenue grew 123% year over year to $150 million source
- Annual recurring revenue (ARR) grew 39% to $1.6 billion source
- Q2 2026 revenue: $904.39 million, up from $668.54 million year-over-year source
- Q2 2026 revenue: $904 million, up 35% year over year source
- Six months ended June 30, 2026 revenue: $1,711.73 million, up from $1,272.17 million year-over-year source
- Software & Services revenue grew 36% year over year to $398 million source
- Dedrone revenue surpassed $100 million source
- Q2 2026 revenue: $904.4 million, versus FactSet estimate of $876.4 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +48.6% | Six months ended June 30, 2026 revenue: $1,711.73 million, up from $1,272.17 million year-over-year |
| revenue | positive | realized | +26.1% | Q2 2026 revenue: $904.39 million, up from $668.54 million year-over-year |
| revenue | positive | probable | +24.8% | Annual recurring revenue (ARR) grew 39% to $1.6 billion |
| revenue | positive | realized | +11.7% | Software & Services revenue grew 36% year over year to $398 million |
| revenue | positive | realized | +9.2% | Platform Solutions revenue grew 123% year over year to $150 million |
| revenue | positive | realized | — | Dedrone revenue surpassed $100 million |