Axon reports record Q3 2026 revenue of $909 million, up 28% year over year
Key Highlights
- ➤Q3 revenue reached $909 million, up 28% year over year
- ➤Axon invested $1.2 billion in Skydio, raising ownership to 37%
- ➤Software & Services revenue grew 43% to $437 million
- ➤Platform Solutions revenue increased 106% year over year to $125 million
- ➤Full-year growth expected at approximately 30%, reduced by $130 million Dedrone deployments
Expert Statements
Lee Bercaw, Retired Tampa Police Chief and Associate Professor of Instruction, University of South Florida
“When Tampa became the first major agency to adopt Axon's AI Era Plan, we recognized the potential for AI to do much more than simply automate tasks. It could give officers valuable time back, improve communication, and help them make better use of information, ultimately allowing them to focus more of their time and energy on fighting crime and serving the community. Now, as I help educate the next generation of public safety leaders, I am even more convinced that we are at the beginning of a fundamental transformation in how technology can support our profession. What makes Axon's approach special is that its AI technology is being designed around the real-world responsibilities, challenges, and mission of public safety.”
Axon reports record Q3 2026 revenue of $909 million, up 28% year over year PR Newswire
* Announces increased stake in Skydio to 37%, cementing leadership in Drone as First Responder * Software & Services revenue growth accelerates to 43% year over year, reaches $437 million * Platform Solutions revenue grows 106% year over year to $125 million * AI bookings up over 50% year to date; AI ARR surpasses $100 million * Net income of $57 million increases from a net loss in the prior-year period; Adjusted EBITDA of $236 million increases 33% year over year SCOTTSDALE, Ariz., Nov. 5, 2026 /PRNewswire/ --
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