A broadhead, comprising an elongated body defining a longitudinal axis and having a forward portion, a tip portion, and a rearward portion spaced from the forward portion. At least one forward blade is connected to the forward portion and configured for movement relative to the elongated body between a retracted position generally adjacent the elongated body to an extended position extending outwardly from the elongated body. And, at least one rearward blade connected to the rearward portion and configured for movement relative to the elongated body between a retracted position generally adjacent the elongated body to an extended position extending outwardly from the elongated body.