Axon Enterprise Inc (NASDAQ:AXON) reports financial results for the second quarter after the market close on Wednesday.
Axon beat Q2 (rev $904M vs $876M, EPS $1.88 vs $1.85), raised FY26 to $3.67–$3.73B, ARR +39% YoY. Stock down 6%—SaaS growth already priced in; market demands margin expansion, not just revenue beats.
Axon Enterprise Inc (NASDAQ:AXON) reported financial results for the second quarter after the market close on Wednesday.
Here's a look at the key metrics from the print.
Axon Enterprise stock is taking a hit today.
Why is AXON stock dropping?
Axon Enterprise Q2 Highlights Axon posted second-quarter revenue of $904.39 million, beating analyst estimates of $876.46 million, according to Benzinga Pro.
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CEO Rick Smith noted the impact of AI and said Axon is at a "moment unlike anything" he has seen since starting the company.
