# Axon Enterprise, Inc. (AXON) FY2024 Annual P&L / Income Statement - Company: Axon Enterprise, Inc. (AXON) - Period: 2024-01-01 to 2024-12-31 - Filing: FY2024 10-K, filed 2025-02-28, accession number 0001069183-25-000019 - Page: https://plicit.ai/financials/axon/fy2024-annual-income-statement - Chart image: https://plicit.ai/charts/axon-fy2024-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service (7 categories) Income statement for 2024-01-01 through 2024-12-31. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,082,526,000 US dollars - **Cost of sales**: 841,146,000 US dollars - **Gross margin**: 1,241,380,000 US dollars - **Total operating expenses**: 1,182,840,000 US dollars - **Income from operations**: 58,540,000 US dollars - **Other income (expense), net (calculated)**: 322,964,000 US dollars - **Income before provision for income taxes**: 381,504,000 US dollars - **Provision for (benefit from) income taxes**: 4,470,000 US dollars - **Net income**: 377,034,000 US dollars - **TASER Devices (Professional)**: 453,055,000 US dollars - **Cartridges**: 246,766,000 US dollars - **Axon Evidence and Cloud Services**: 863,169,000 US dollars - **Extended Warranties**: 103,656,000 US dollars - **Axon Body Cameras and Accessories**: 246,855,000 US dollars - **Axon Fleet Systems**: 104,890,000 US dollars - **Other**: 64,135,000 US dollars - **Research and development**: 441,593,000 US dollars - **Selling, general and administrative**: 741,247,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/axon/fy2024-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/axon-fy2024-annual-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,082,526,000 US dollars - **Cost of sales**: 841,146,000 US dollars - **Gross margin**: 1,241,380,000 US dollars - **Total operating expenses**: 1,182,840,000 US dollars - **Income from operations**: 58,540,000 US dollars - **Other income (expense), net (calculated)**: 322,964,000 US dollars - **Income before provision for income taxes**: 381,504,000 US dollars - **Provision for (benefit from) income taxes**: 4,470,000 US dollars - **Net income**: 377,034,000 US dollars - **TASER Segment**: 818,673,000 US dollars - **Software and Sensors**: 1,263,853,000 US dollars - **Research and development**: 441,593,000 US dollars - **Selling, general and administrative**: 741,247,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (2 categories) - Page: https://plicit.ai/financials/axon/fy2024-annual-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/axon-fy2024-annual-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Net sales**: 2,082,526,000 US dollars - **Cost of sales**: 841,146,000 US dollars - **Gross margin**: 1,241,380,000 US dollars - **Total operating expenses**: 1,182,840,000 US dollars - **Income from operations**: 58,540,000 US dollars - **Other income (expense), net (calculated)**: 322,964,000 US dollars - **Income before provision for income taxes**: 381,504,000 US dollars - **Provision for (benefit from) income taxes**: 4,470,000 US dollars - **Net income**: 377,034,000 US dollars - **Net sales from products revenue**: 1,221,292,000 US dollars - **Net sales from services revenue**: 861,234,000 US dollars - **Net sales from products cost of revenue**: 618,136,000 US dollars - **Net sales from services cost of revenue**: 223,010,000 US dollars - **Research and development**: 441,593,000 US dollars - **Selling, general and administrative**: 741,247,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/axon/fy2024-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/axon-fy2024-annual-revenue-by-geography-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,082,526,000 US dollars - **Cost of sales**: 841,146,000 US dollars - **Gross margin**: 1,241,380,000 US dollars - **Total operating expenses**: 1,182,840,000 US dollars - **Income from operations**: 58,540,000 US dollars - **Other income (expense), net (calculated)**: 322,964,000 US dollars - **Income before provision for income taxes**: 381,504,000 US dollars - **Provision for (benefit from) income taxes**: 4,470,000 US dollars - **Net income**: 377,034,000 US dollars - **UNITED STATES**: 1,775,194,000 US dollars - **Other countries**: 307,332,000 US dollars - **Research and development**: 441,593,000 US dollars - **Selling, general and administrative**: 741,247,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/axon/fy2024-annual-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/axon-fy2024-annual-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,082,526,000 US dollars - **Cost of sales**: 841,146,000 US dollars - **Gross margin**: 1,241,380,000 US dollars - **Total operating expenses**: 1,182,840,000 US dollars - **Income from operations**: 58,540,000 US dollars - **Other income (expense), net (calculated)**: 322,964,000 US dollars - **Income before provision for income taxes**: 381,504,000 US dollars - **Provision for (benefit from) income taxes**: 4,470,000 US dollars - **Net income**: 377,034,000 US dollars - **Software and Sensors - Axon Body Cameras and Accessories**: 246,855,000 US dollars - **Software and Sensors - Axon Evidence and Cloud Services**: 808,256,000 US dollars - **Software and Sensors - Axon Fleet Systems**: 104,890,000 US dollars - **Software and Sensors - Cartridges**: 0 US dollars - **Software and Sensors - Extended Warranties**: 66,141,000 US dollars - **Software and Sensors - Other**: 37,711,000 US dollars - **Software and Sensors - TASER Devices (Professional)**: 0 US dollars - **TASER Segment - Axon Body Cameras and Accessories**: 0 US dollars - **TASER Segment - Axon Evidence and Cloud Services**: 54,913,000 US dollars - **TASER Segment - Axon Fleet Systems**: 0 US dollars - **TASER Segment - Cartridges**: 246,766,000 US dollars - **TASER Segment - Extended Warranties**: 37,515,000 US dollars - **TASER Segment - Other**: 26,424,000 US dollars - **TASER Segment - TASER Devices (Professional)**: 453,055,000 US dollars - **Research and development**: 441,593,000 US dollars - **Selling, general and administrative**: 741,247,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.