AXON (Axon Enterprise) Total Operating Expense: $1,794 Mil (TTM As of Mar. 2026)


AXON Axon Enterprise Inc AXON
81 GF Score
Price $511.02
GF Value $601.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Axon Enterprise Total Operating Expense?

Axon Enterprise AXON +9.94% 81 Total Operating Expense is $1,794 Mil as of Mar. 2026. GuruFocus rates AXON with a GF Score™ of 81/100 and a GF Value™ of $601.68 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Axon Enterprise's Total Operating Expense for the three months ended in Mar. 2026 was $448 Mil. Axon Enterprise's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,794 Mil.

Axon Enterprise Total Operating Expense Related Terms

Axon Enterprise Total Operating Expense Historical Data

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The historical data trend for Axon Enterprise's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Axon Enterprise Total Operating Expense Chart

Axon Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 709.03 633.14 798.60 1,182.84 1,720.20

Axon Enterprise Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 374.53 404.78 429.48 511.41 448.04
AXON
81GF Score
Axon Enterprise Inc AXON
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Axon Enterprise Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,794 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $1,794 Mil mean?
Axon Enterprise (AXON) has a Total Operating Expense of $1,794 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Axon Enterprise and its competitors.
Is Axon Enterprise's Total Operating Expense too high?
Axon Enterprise's current Total Operating Expense is $1,794 Mil. Overall, Axon Enterprise has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Total Operating Expense compare to HEI.A and CW?
Axon Enterprise's Total Operating Expense of $1,794 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Aerospace & Defense company?
A good Total Operating Expense depends on the Aerospace & Defense industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Axon Enterprise and its competitors. Axon Enterprise's current Total Operating Expense is $1,794 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Axon Enterprise (AXON) is currently considered Modestly Undervalued. The stock's GF Value™ is $601.68, compared to a current price of $511.02 — trading 15.1% below its estimated fair value. The current Total Operating Expense is $1,794 Mil. Axon Enterprise's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Axon Enterprise (AXON), the current Total Operating Expense is $1,794 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Axon Enterprise (AXON) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of $511.02 is trading 15.1% below its estimated GF Value™ of $601.68. GuruFocus considers Axon Enterprise to be Modestly Undervalued.

Key valuation signals for AXON:

  • Total Operating Expense: $1,794 Mil
  • GF Value™: $601.68 vs. price of $511.02 (15.1% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the AXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Axon Enterprise Business Description

Address 17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
81GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$511.02
Price
$601.68
GF Value