Axon raises 2026 revenue growth outlook to 32%-34% after Q2 revenue rises 35%
Axon reported second-quarter 2026 revenue of $904 million, up 35% year over year, and raised its full-year 2026 revenue growth outlook to 32% to 34% from 30% to 32%. Net income fell to $29 million from $36 million a year earlier, which the company attributes mainly to a large tax benefit recognized in the prior year, although pre-tax income increased.
Key points
- Q2 2026 revenue was $904 million, up 35% year over year; Software & Services revenue was $398 million (up 36%) and Connected Devices revenue was $507 million (up 35%).
- Net income was $29 million, or $0.36 per diluted share, down from $36 million a year earlier; the company cites a large prior-year tax benefit.
- The 2026 revenue growth outlook was raised to 32% to 34%, while the 2026 Adjusted EBITDA margin outlook of 25.5% was maintained.
- Future contracted bookings grew 41% year over year to $15.1 billion as of June 30, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.