Axon Reports Q1 2026 Revenue of $807 Million, Up 34% Year Over Year Axon, a provider of public safety technology, announced its first-quarter 2026 financial results on May 6, 2026, reporting revenue of $807 million, a 34% increase compared to the same period in 2025. The company attributed its strong performance to robust demand for its products and services, including TASER 10, Axon Body 4, counter-drone systems, and AI-driven solutions. This marks the ninth consecutive quarter of double-digit growth, with revenue expanding at a rate of 34% year over year. The results also underscore Axon’s commitment to innovation, as highlighted by its expanded product offerings and updated financial outlook for the year. The company’s Software & Services segment saw a 35% year-over-year growth, contributing $355 million in revenue. This growth was driven by increased adoption of Axon’s latest software solutions among existing customers, which supported a net revenue retention rate of 125%. Axon expanded its customer base across international, corrections, U.S. federal, and enterprise markets, with annual recurring revenue reaching $1.5 billion, growing 35% from the previous year. Connected Devices revenue also rose 33% to $453 million, fueled by strong demand for TASER 10 and Axon Body 4. Platform Solutions, which includes counter-drone systems, grew 95% year over year, reflecting early-stage adoption in a large market opportunity. Key product segments saw significant growth. AI products revenue increased over 700% year over year, while counter-drone product revenue rose over 300% year over year. These figures highlight the rapid adoption of Axon’s AI-driven technologies and counter-drone systems.#ai_driven_solutions #axon #tasers_10 #axon_body_4 #counter_drone_systems
