AXON · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
AXON ENTERPRISE, INC. · 2026-08-06 · Importance 69 · Surprise 64 · In source text
Axon’s six-month 2026 revenue increased across all reported offerings, with TASER revenue rising to $494.2 million from $411.7 million, Personal Sensors to $204.1 million from $181.2 million, Platform Solutions to $261.1 million from $124.3 million, and Software and Services to $752.4 million from $554.9 million. Platform Solutions was the fastest-growing offering, increasing approximately 110% year over year, supported by demand for fleet in-car video, interview-room and fixed cameras, drones and counter-drone equipment, virtual-reality training hardware, and related extended warranties. Software and Services increased approximately 36% year over year, while TASER and Personal Sensors increased approximately 20% and 13%, respectively. The company reported approximately $9.8 billion of remaining performance obligations as of June 30, 2026, representing a substantial contracted demand base extending over multiple future periods.
Key facts
- Our revenues for the three months ended June 30, 2026 were $904.4 million, an increase of $235.9 million, or 35.3%, from the three months ended June 30, 2025. source
- Our revenues for the six months ended June 30, 2026 were $1,711.734 million, an increase of $439.6 million, or 34.6%, from the six months ended June 30, 2025. source
- Software and Services segment net sales increased 36.2% for the three months ended June 30, 2026 versus prior year, with the increase driven by the aggregate number of users and adoption of premium solutions by existing customers, leading to a $105.7 million increase. source
- Connected Devices segment net sales increased 34.6% for the three months ended June 30, 2026 versus prior year, with TASER increasing $45.1 million primarily driven by higher TASER 10 handle and cartridge volume. source
- Net sales for the three months ended June 30, 2026 were $506,553 thousand for Connected Devices and $397,836 thousand for Software and Services, totaling $904,389 thousand. source
- For the six months ended June 30, 2026, net sales were $959,374 thousand for Connected Devices and $752,360 thousand for Software and Services, totaling $1,711,734 thousand. source
- Net sales for the three months ended June 30, 2026: $904,389 (in thousands), comprised of product sales $506,553 and services $397,836. source
- Net sales for the six months ended June 30, 2026: $1,711,734 (in thousands), comprised of product sales $959,374 and services $752,360. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +48.6% | Our revenues for the six months ended June 30, 2026 were $1,711.734 million, an increase of $439.6 million, or 34.6%, from the six months… |
| revenue | positive | realized | +26.1% | Our revenues for the three months ended June 30, 2026 were $904.4 million, an increase of $235.9 million, or 35.3%, from the three months… |
| revenue | positive | realized | +11.7% | Software and Services segment net sales increased 36.2% for the three months ended June 30, 2026 versus prior year, with the increase… |
| revenue | positive | realized | +5.0% | Connected Devices segment net sales increased 34.6% for the three months ended June 30, 2026 versus prior year, with TASER increasing… |
| revenue | positive | realized | — | As of June 30, 2026, Connected Devices revenues for three months: TASER $261,321; Personal Sensors $95,392; Platform Solutions $149,840… |