Axon Enterprise Inc.AI revenue surged over 700%, Q1 revenue grew 34%, and full-year guidance raised to 30-32%.

Axon Enterprise shares have fallen 30% from their August 2025 peak, even as the company reported a more than 700% surge in AI-related revenue. First-quarter revenue grew 34% with 125% net revenue retention, and management raised full-year revenue growth guidance to 30% to 32%. The company’s AI products include Draft One, a generative-AI tool that drafts police reports from body camera footage, and Axon Assistant, a voice companion for real-time translation. Axon also disclosed that President Trump bought between $1 million and $5 million worth of its stock in February, and Immigration and Customs Enforcement solicited a $220 million TASER contract, signaling potential federal growth. The stock trades at a price-to-earnings ratio near 100 on adjusted earnings and a price-to-sales ratio of 15.
Axon Enterprise Inc.AI revenue surged over 700%, Q1 revenue grew 34%, and full-year guidance raised to 30-32%.
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