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5 months ago

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What changed: The story was updated to include the company exceeding profit estimates (in addition to revenue) and to report the positive market reaction with the rise in share price.

StocksHigh ImpactUpdated•Originally published 24 February 2026•Updated 24 February 2026•

1 min read

Axon Shares Surge as Q4 Profits Beat Estimates; Revenue Targets Set for 2028

Key Facts

1Axon reported Q4 revenue of $797 million, a 39% increase year-over-year.

2Software & Services revenue grew 40% to $343 million.

3The company established a 2026 outlook of 27% to 30% revenue growth.

4The company introduced new 2028 targets of $6 billion in annual revenue.

Axon (AXON) shares rose after the company reported fourth-quarter financial results that exceeded Wall Street profit estimates. Total revenue reached $797 million, a 39% year-over-year increase, driven by a 40% surge in the Software & Services segment. The company's strong performance was complemented by optimistic guidance for 2026, with projected revenue growth between 27% and 30%. Additionally, Axon unveiled a strategic roadmap aiming for $6 billion in annual revenue by 2028. These results highlight Axon's leadership in public safety technology and the successful expansion of its product ecosystem. The positive market reaction reflects investor confidence in the company's sustained operational momentum and long-term growth targets.

Sources:

prnewswire.com

reuters.com