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Axon

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Conducted electrical weapons development and innovative secured digital evidence management solutions company

Scottsdale, United StatesFounded 1993Security
Valuation $38B Market cap · 2026
Revenue $3.71B Latest reported FY
EBITDA $949M Latest reported FY

About Axon

Axon (Nasdaq: AXON) is a global leader in public safety technology, dedicated to enhancing the safety and effectiveness of law enforcement and public safety agencies. The company offers a comprehensive suite of products, including smart weapons like TASER devices, body-worn cameras, in-car video systems, and advanced software solutions for evidence management and real-time situational awareness.

Axon's primary clients are law enforcement agencies, public safety organizations, and security professionals worldwide. The company operates in the public safety and security market, which is driven by the need for advanced technology to improve safety, accountability, and operational efficiency.

The business model of Axon revolves around the development, manufacturing, and sale of its hardware products, such as TASER devices and cameras. Additionally, Axon generates significant revenue through its software-as-a-service (SaaS) offerings, which include cloud-based evidence management and data analytics platforms. These software solutions provide recurring revenue streams through subscription fees, ensuring a steady and predictable income.

Axon makes money by selling its hardware products directly to public safety agencies and through long-term contracts for its software services. The company also offers training and support services, which add to its revenue streams. By continuously innovating and expanding its product portfolio, Axon aims to maintain its leadership position in the market and drive sustainable growth.

In summary, Axon is a key player in the public safety technology sector, providing essential tools and solutions to law enforcement and public safety agencies to help them protect lives and enhance accountability.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1993
Headquarters
Scottsdale, United States
Listing
IPO 2001
Employees
5,949
Open positions
352
Dealroom signal
95.1/100
Industry
Security
Sub-industry
Public safety
Sector
Security, Risk Management, Govtech and Civictech
Technology
Hardware
Client focus
b2b
Investment activity
22 companies, latest Sep 2026
Capital deployed
$712M
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO CONVERTIBLE✓Other financing Sep 2026 $1B — Undisclosed ↗
POST IPO EQUITY✓Other financing Jul 2026 $0 — Brown Advisory ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $3.7B +33.3% $949M 25.6% $290M 7.8% $684M
2025 $2.8B +33.5% $58M 2.1% $125M 4.5% $684M
2024 $2.1B +33.2% $150M 7.2% $377M 18.1% $442M
2023 $1.6B +31.4% $237M 15.2% $304M
2022 $1.2B +37.8% $118M 9.9%
2021 $863M +26.8% −$149M -17.3%
2020 $681M — −$1.7M -0.2%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Axon website traffic

Latest recorded traffic for Axon is 540K monthly website visits, up 25.6% over the last three months. Axon's team grew 120.4% over the past year.

Latest monthly visits540K 3-month web change+25.6% 1-year team growth+120.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Immersion VRWarsaw, PolandImmersion integrates Virtual Augmented Reality with business solutions, education, and entertainment $20Mvaluation Buntar AerospaceKyiv, UkraineDeveloping complex solutions for UAV navigation and control $64Mvaluation The Fourth LawKyiv, UkraineAutonomy systems for defence drones Farsight VisionLviv, UkraineEnabling real-time geospatial analytics and digital twin creation with drone and camera-based data for enhanced situational awareness $32Mvaluation LassenPeakBellevue, United StatesDevelops a technology that turns dangerous weapon detection procedures into safe, efficient, and dignified experiences $80Mvaluation CarbyneNew York City, United StatesReal-time emergency communication platform that provides public safety technology for emergency infrastructure $400Mvaluation PreparedNew York City, United StatesLive video, photo and text from emergency scenes, delivered directly to dispatchersand responders for faster, safer response. $640Mvaluation AurorAuckland, New ZealandAuror transforms the way police and communities prevent and solve crimes in real-time $324Mvaluation SkydioSan Mateo, United StatesLeverages breakthrough AI to create intelligent flying machines $4.4Bvaluation DedroneSan Francisco, United StatesAirspace security systems for detecting and mitigating unauthorized drones $503Mvaluation FususPeachtree Corners, United StatesAn open and unified intelligence platform Sky-HeroSeneffe, BelgiumTactical UAVs and UGVs (unmanned ground vehicles, primarily focused on indoor use cases and serving police officers, security services, and military personnel

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Right Side Capital Management

Series B and later1 investor entered at this stage

  • Brown Advisory

Other known investors1 additional known investor

  • Mads Hansen
Team profiled 162 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Scottsdale HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Axon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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