Axon reports 34% revenue growth in Q1 2026, boosts full-year outlook with strong AI-driven gains.

Axon Enterprise achieved its ninth straight quarter of over 30% revenue growth, with Q1 2026 revenue rising 34% and AI-related revenue surging 700%. The company raised its full-year revenue growth forecast to 30–32% and expects $450 million in free cash flow, supported by a strong balance sheet. Axon's leadership in its niche, sticky products, and advanced AI capabilities underpin its positive long-term growth outlook and current valuation. Management's confidence and sustained growth highlight Axon's robust position in the SaaS and AI market.