--- title: "Axon Enterprise: Competitors" description: "Axon Enterprise compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen." canonical: https://www.getswoopr.com/stocks/companies/axon-enterprise/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Axon Enterprise: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies Axon Enterprise under SIC code 3480 (Ordnance & Accessories, (No Vehicles/Guided Missiles)). Among Swoopr's S&P 500 Equal Weight companies, 4 others share that classification; by latest reported revenue, Axon Enterprise ranks 1 of 5. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does Axon Enterprise Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | **Axon Enterprise (AXON)** | $2.8 billion FY2025 | 33.5% | -2.2% | 4.5% | | [Sturm Ruger & Company Inc. (RGR)](https://www.getswoopr.com/stocks/companies/sturm-ruger-and-company-inc/) | $546 million FY2025 | 1.9% | -2.3% | -0.8% | | [Smith & Wesson Brands Inc. (SWBI)](https://www.getswoopr.com/stocks/companies/smith-and-wesson-brands-inc/) | $524 million FY2026 | 10.4% | 5.6% | 3.5% | | [Wrap Technologies Inc. (WRAP)](https://www.getswoopr.com/stocks/companies/wrap-technologies-inc/) | $5 million FY2025 | 3.7% | -288.6% | -221.2% | | [First Breach Inc. (FBDT)](https://www.getswoopr.com/stocks/companies/first-breach-inc/) | $384,129 FY2025 | -50.4% | -2600.4% | -3598.3% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ![Bar chart of operating margin for Axon Enterprise and 4 peers: Axon Enterprise (AXON) -2.2%, Sturm Ruger & Company Inc. (RGR) -2.3%, Smith & Wesson Brands Inc. (SWBI) 5.6%, Wrap Technologies Inc. (WRAP) -288.6%, First Breach Inc. (FBDT) -2600.4%.](https://www.getswoopr.com/images/charts/axon-enterprise-competitors-peer-margins.webp) *Operating margin of Axon Enterprise against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.* ## How Does Axon Enterprise Rank Among All SEC Filers in Its Industry Code? 5 companies with annual reports in Swoopr's SEC dataset share SIC code 3480 (Ordnance & Accessories, (No Vehicles/Guided Missiles)), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars. | Measure | Axon Enterprise | Median of filers | Rank | | --- | --- | --- | --- | | Revenue | $2.8 billion | $524 million | 1 of 5 | | Revenue growth | 33.5% | 3.7% | 1 of 5 | | Operating margin | -2.2% | -2.3% | 2 of 5 | | Net margin | 4.5% | -0.8% | 1 of 5 | A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality. ## Where These Numbers Come From Every figure on this page is a value Axon Enterprise reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-011360 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are Axon Enterprise's competitors? Companies sharing Axon Enterprise's SEC classification (SIC code 3480 (Ordnance & Accessories, (No Vehicles/Guided Missiles))) include Sturm Ruger & Company Inc. (RGR), Smith & Wesson Brands Inc. (SWBI), Wrap Technologies Inc. (WRAP), First Breach Inc. (FBDT). Its 10-K names the competitors it considers most relevant. ### How does Axon Enterprise compare with its peers on margins? Axon Enterprise's fiscal 2025 operating margin was -2.2%, against a peer median of -145.4%. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ### How does Axon Enterprise rank among all companies in its SEC industry? Among 5 SEC filers under SIC code 3480, Axon Enterprise ranks 1 by latest revenue, and 2 of 5 by operating margin (-2.2% against a median of -2.3%). ## References - [SEC EDGAR: AXON ENTERPRISE, INC. Form 10-K filed February 25, 2026](https://www.sec.gov/Archives/edgar/data/1069183/000162828026011360/axon-20251231.htm) - [SEC EDGAR: AXON ENTERPRISE, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1069183&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Axon Enterprise company dossier](https://www.getswoopr.com/stocks/companies/axon-enterprise/) - [Axon Enterprise financial metrics](https://www.getswoopr.com/stocks/companies/axon-enterprise/metrics/) - [Axon Enterprise financial risk indicators](https://www.getswoopr.com/stocks/companies/axon-enterprise/risks/) - [Axon Enterprise peer comparison](https://www.getswoopr.com/stocks/companies/axon-enterprise/competitors/) - [Axon Enterprise business model and revenue mix](https://www.getswoopr.com/stocks/companies/axon-enterprise/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).