Axon Enterprise (AXON) Stock Surges Over 18% After Strong Q4 Earnings
Axon Enterprise delivered a robust fourth-quarter performance, with adjusted earnings per share of $2.15 surpassing the $1.60 analyst forecast. Revenue reached $797 million, exceeding expectations of $755 million and marking a 39% year-over-year growth. The software segment stood out, climbing 40% to $343 million.
Strategic investments in AI Era products yielded $750 million in bookings for fiscal 2025, accounting for 10% of total orders. The company's annual recurring revenue hit $1.35 billion, with a net retention rate of 125%. Despite a sharp decline in net income to $3 million—down from $135 million the prior year—Axon's forward guidance remains bullish, targeting 27–30% revenue growth for 2026 and $6 billion in annual revenue by 2028.