Axon Enterprise stock gains 1.61 percent on Nasdaq

Published on 09/23/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Axon Enterprise stock closed at USD 459.32 on September 22, 2026, after rising 1.61 percent. Q2 revenue reached USD 904 million, up 35 percent year over year.

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Axon Enterprise, Inc. (ISIN US05464C1018) closed at USD 459.32 on the Nasdaq on September 22, 2026, gaining 1.61 percent from the prior close. The move exceeded the Nasdaq Composite advance of 0.45 percent, while the latest quarterly figures show 35 percent revenue growth and a margin counterweight.

Revenue reaches USD 904 million

According to TIKR on September 22, 2026, Axon reported second-quarter revenue of USD 904 million for the quarter ended June 30, 2026, up 35 percent from the prior-year period. Adjusted earnings per share reached USD 1.88, compared with an analyst expectation of USD 1.85.

The comparison is positive for sales and adjusted earnings, but profitability supplies the counterweight. Adjusted gross margin fell 40 basis points year over year to 62.9 percent in the second quarter of 2026, while software and services margin declined 380 basis points to 75.1 percent, according to TIKR.

Guidance supports growth

According to Vulcan Stock on September 21, 2026, Axon raised its full-year 2026 revenue-growth guidance to 32 percent to 34 percent. The same report put future contracted bookings at USD 15.1 billion, up 40 percent, and annual recurring revenue at USD 1.6 billion, up 39 percent.

Those figures create a clear valuation tension. Recurring revenue and contracted bookings are expanding faster than the reported second-quarter revenue base, while the 62.9 percent adjusted gross margin indicates that product mix and scaling costs remain material earnings variables.

Stock remains below yearly high

Axon shares closed at USD 459.32 on the Nasdaq on September 22, 2026, after opening at USD 460.83 and trading 674,505 shares. The session range remained within USD 339.01 to USD 792.16 over the previous 52 weeks, leaving the close USD 332.84 below the yearly high.

The next quarterly earnings announcement is scheduled for November 3, 2026, after the market close, according to TMX Money. That date gives the market a defined checkpoint for testing whether the 32 percent to 34 percent full-year growth outlook can coexist with the margin pressure reported for the June quarter.

Nasdaq close sets the reference

Axon Enterprise stock closed at USD 459.32 on the Nasdaq on September 22, 2026, up 1.61 percent from the prior close of USD 452.06. The 52-week range was USD 339.01 to USD 792.16, with volume of 674,505 shares.