Axon reports 34% revenue growth, driven by AI and counter-drone products, raises 2026 outlook to 30-32% growth

Axon Enterprise posted a 34% year-over-year revenue increase to $807 million in Q1 2026, fueled by strong demand for AI-powered software and counter-drone products, which grew over 700% and 300% respectively. The company raised its full-year revenue growth forecast to 30-32%, maintaining a 25.5% Adjusted EBITDA margin, supported by record net income of $169 million. Axon continues to innovate with new AI-driven tools like Axon Vision and Axon Guardian, expanding into new markets including enterprise and corrections. The strong financial and product momentum positions Axon well for continued growth in public safety technology.