Axon Enterprise Inc. (NASDAQ:AXON) — Market Cap & Net Worth

$38.05 Billion USD  · Rank #719

Market Cap & Net Worth: Axon Enterprise Inc. (AXON)

Axon Enterprise Inc. (NASDAQ:AXON) has a market capitalization of $38.05 Billion ($38.05 Billion) as of September 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #719 globally and #335 in its home market, demonstrating a -7.32% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Axon Enterprise Inc.'s stock price $468.42 by its total outstanding shares 81237415 (81.24 Million). Also see AXON total assets for a full breakdown of the balance sheet.

Axon Enterprise Inc. Market Cap History: 2015 to 2026

Axon Enterprise Inc.'s market capitalization history from 2015 to 2026. Data shows growth from $1.40 Billion to $38.05 Billion (30.90% CAGR). Also see AXON cash flow conversion for how efficiently the company converts equity into cash flow.

Index Memberships

Axon Enterprise Inc. is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P 500 Index
GSPC
$62.72 Trillion 0.09% #247 of 503
NASDAQ Composite
IXIC
$41.69 Trillion 0.09% #98 of 3165
Nasdaq 100
NDX
$35.03 Trillion 0.11% #77 of 101

Weight: Axon Enterprise Inc.'s market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Axon Enterprise Inc. Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Axon Enterprise Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check today's stock price for Axon Enterprise Inc. for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

16.60x

Axon Enterprise Inc.'s market cap is 16.60 times its annual revenue

Industry average: 3.13x Higher than industry average

Latest Price to Earnings (P/E) Ratio

369.36x

Axon Enterprise Inc.'s market cap is 369.36 times its annual earnings

Industry average: 90.96x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $1.97 Billion $268.25 Million $17.30 Million 7.34x 113.85x
2017 $2.15 Billion $343.80 Million $5.21 Million 6.26x 413.44x
2018 $3.55 Billion $420.07 Million $29.20 Million 8.46x 121.70x
2019 $5.95 Billion $530.86 Million $882.00K 11.21x 6749.52x
2020 $9.95 Billion $681.00 Million -$1.72 Million 14.62x N/A
2021 $12.75 Billion $863.38 Million -$60.02 Million 14.77x N/A
2022 $13.48 Billion $1.19 Billion $147.14 Million 11.33x 91.61x
2023 $20.99 Billion $1.56 Billion $175.78 Million 13.45x 119.39x
2024 $48.28 Billion $2.08 Billion $377.03 Million 23.18x 128.05x
2025 $46.14 Billion $2.78 Billion $124.91 Million 16.60x 369.36x

Competitor Companies of AXON by Market Capitalization

Companies near Axon Enterprise Inc. in the global market cap rankings as of September 18, 2026. Review tangible equity quality of Axon Enterprise Inc. to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Axon Enterprise Inc. by market ranking:

  • Space Exploration Technologies Corp. Class A Common Stock (NASDAQ:SPCX): Ranked #13 globally with a market cap of $1.16 Trillion USD.
  • GE Aerospace (NYSE:GE): Ranked #50 globally with a market cap of $326.46 Billion USD.
  • General Electric Company (SA:GEOO34): Ranked #63 globally with a market cap of $289.12 Billion USD ( R$1.47 Trillion BRL).
  • RTX Corporation (NYSE:RTX): Ranked #68 globally with a market cap of $265.28 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#13 Space Exploration Technologies Corp. Class A Common Stock NASDAQ:SPCX $1.16 Trillion $150.88
#50 GE Aerospace NYSE:GE $326.46 Billion $312.90
#63 General Electric Company SA:GEOO34 $289.12 Billion R$1410.25
#68 RTX Corporation NYSE:RTX $265.28 Billion $196.83

Axon Enterprise Inc. Historical Marketcap From 2015 to 2026

Between 2015 and today, Axon Enterprise Inc.'s market cap moved from $1.40 Billion to $ 38.05 Billion, with a yearly change of 30.90%.

Year Market Cap Change (%)
2026 $38.05 Billion -17.52%
2025 $46.14 Billion -4.44%
2024 $48.28 Billion +130.06%
2023 $20.99 Billion +55.69%
2022 $13.48 Billion +5.69%
2021 $12.75 Billion +28.13%
2020 $9.95 Billion +67.21%
2019 $5.95 Billion +67.50%
2018 $3.55 Billion +65.09%
2017 $2.15 Billion +9.32%
2016 $1.97 Billion +40.20%
2015 $1.40 Billion --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of Axon Enterprise Inc. was reported to be:

Source Market Cap
Yahoo Finance $38.05 Billion USD
MoneyControl $38.05 Billion USD
MarketWatch $38.05 Billion USD
marketcap.company $38.05 Billion USD
Reuters $38.05 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Axon Enterprise Inc.

NASDAQ:AXON USA Aerospace & Defense
Market Cap
$38.05 Billion
Market Cap Rank
#719 Global
#335 in USA
Share Price
$468.42
Change (1 day)
+5.96%
52-Week Range
$345.94 - $777.58
All Time High
$870.97
About

Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. The Software and Services segment develops, manufactures, and sells cloud-based software-as-a-service solutions to capture, store, manage, share, and analyze video and other digital evidence. This segment al… Read more