Axon  beats Q2 revenue estimates, raises outlook

Overview

• Axon Q2 2025 revenue rises 33% yr/yr, beating analyst expectations

• Software & Services revenue grows 39%, driven by premium solutions adoption

• Co raises full-year revenue outlook, reflecting confidence in continued growth

Outlook

• Axon raises full-year revenue outlook to $2.65 bln-$2.73 bln

• Company expects full-year adjusted EBITDA of $665 mln-$685 mln

• Axon anticipates 29% annual revenue growth at midpoint

Result Drivers

• SOFTWARE & SERVICES - Revenue up 39% due to premium digital evidence management and real-time operations tools

• CONNECTED DEVICES - Revenue up 29%, driven by strong demand for TASER 10 and Axon Body 4

• PLATFORM SOLUTIONS - Revenue increased 86% reflecting strong market demand for counter-drone and VR training products

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the aerospace & defense peer group is "buy"

• Wall Street's median 12-month price target for Axon Enterprise Inc is $820.00, about 9.5% above its August 1 closing price of $742.47

• The stock recently traded at 105 times the next 12-month earnings vs. a P/E of 94 three months ago

Press Release: ID:nPn7TrdPKa