Axon Enterprise AXON

Axon Enterprise trades at 11.8x EV/NTM revenue on a $48.11B enterprise value. Revenue grew 35.3% year over year to $904.4M in the quarter ending June 2026, an annual run rate of $3.62B. Axon Enterprise reports net dollar retention of 126% and a 60.4% gross margin.

ARR ($M)
1639.0
Net Dollar Retention
126%
ARR Growth
38.5%
EV / NTM Revenue
11.8x
Payback Period
EV / Run Rate
13.3x
Price & Key Metrics
Price Performance
Company Details
Share Price: 600.73
Last Filing Date: 2026-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 1993
IPO Year: 2001
% of 52 wk High: 77%
Description
Axon Enterprise is a law enforcement and civilian technology company that develops, manufactures, and sells conducted energy devices (CEDs), cameras, and SaaS based software solutions.
Reporting Notes
Categories
Vertical SaaS Enterprise Software B2B SaaS High Growth SaaS
Valuation
Market Cap: 48,801.752
Enterprise Value: 48,109.219
EV / Revenue Run Rate: 13.3x
EV / NTM Revenue: 11.8x
EV / 2026 Revenue Estimates: 13.2x
EV / 2027 Revenue Estimates: 10.4x
EV / 2028 Revenue Estimates: 7.9x
Key Business Metrics
Net Dollar Retention: 126%
Customers: --
ARR: 1,639.0
ARR Growth %: 39%
ARR/Customer ($K): --
ARR/Employee ($K): 321
Revenue
Revenue Run Rate: 3,617
ARR: 1,639.0
2026 Revenue Estimates: 3,640
2027 Revenue Estimates: 4,608
2028 Revenue Estimates: 6,120
LTM Revenue: 3,219
Last Year Run Rate: 2,674
Growth
Revenue Growth: 35%
ARR Growth: 39%
Growth Persistence: 108%
2026 Revenue Growth Estimates: 33%
2027 Revenue Growth Estimates: 27%
2028 Revenue Growth Estimates: 33%
High Growth SaaS Matrix
Annual Run Rate ($) Revenue Growth Gross Margin Net Dollar Retention LTM CAC Payback Period (months) Rule of 40 (LTM FCF)
 
12,008.0
 
 
74%
 
 
84%
 
 
129%
 
 
10.23
 
 
92%
 
 
4,485.0
 
 
48%
 
 
76%
 

125%
 
 
14.1
 
 
66%
 

1,709.0
 
 
37%
 
 
69%
 
 
119%
 
 
24.24
 
 
56%
 
 
851.0
 

33%
 
 
64%
 
114%
 
 
28.86
 
 
46%
 
Axon Enterprise
 
3,617
 
35%
 
60%
 
126%
 
 
39%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Axon Enterprise growing?

Axon Enterprise grew revenue 35.3% year over year, reaching $904.4M in the quarter ending June 2026.

What multiple does Axon Enterprise trade at?

Axon Enterprise trades at 11.8x EV/NTM revenue and 13.3x EV/run-rate, on an enterprise value of $48.11B.

Is Axon Enterprise profitable?

For Axon Enterprise, operating income was $46.8M last quarter and LTM free cash flow margin is 4.1%.

What is Axon Enterprise's net dollar retention?

Axon Enterprise reports net dollar retention of 126%, measuring revenue expansion within its existing customer base.

What sector is Axon Enterprise in?

Public Comps classifies Axon Enterprise under Vertical SaaS, Enterprise Software, B2B SaaS, and High Growth SaaS.

Where does Public Comps get Axon Enterprise's data?

Figures come from Axon Enterprise's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.