Axon shares fall 18.4% after Q3 revenue misses estimates
The gist
Axon reported Q3 2026 revenue of $908.6 million, up 27.8% but below the $935.6 million consensus, and shares fell 18.4%.
The TASER and body-camera maker's profit margin and soft Q4 guidance are now the focus.
How it unfolded
- Aug 21, 2026Insider Jeffrey Kunins sold 9,605 Axon shares at an average of $626.70, a 8.95% cut to his position, under a pre-arranged Rule 10b5-1 trading plan.
- Aug 31, 2026President Joshua Isner sold 16,775 shares at an average of $574.43, a 5.35% decrease, also under a pre-arranged Rule 10b5-1 plan.
- Sep 8, 2026CEO Patrick Smith sold 10,000 shares at an average of $508.99, for about $5.09 million.
Key terms
- adjusted EPS
- The monetary value of earnings per outstanding share of common stock for a company over a defined period.
- Rule 10b5-1
- A pre-arranged plan under SEC rules that lets company insiders trade shares without violating insider-trading laws.
Source: Wikipedia