Axon Enterprise, Inc. (AXON) FY2024 Annual P&L / Income Statement

2024-01-01 to 2024-12-31

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Axon Enterprise, Inc. (AXON) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSoftware and SensorsTASER SegmentNet salesGross marginCost of salesIncome from operationsTotal operating expensesSelling, general and administrativeResearch and developmentOther income (expense), net (calculated)Income before provision for income taxesNet incomeProvision for (benefit from) income taxesOther income (expense), net (calculated)Other income,net (calculated)$322.96 MIncome before provision for income taxesIncome beforeprovision forincome taxes$381.50 MNet salesNet sales$2.08 BGross marginGross margin$1.24 BIncome from operationsIncome from operations$58.54 MNet incomeNet income$377.03 MTotal operating expensesTotal operatingexpenses$1.18 BProvision for (benefit from) income taxesProvision for (benefitfrom) income taxes$4.47 MSoftware and SensorsSoftware and Sensors$1.26 BSelling, general and administrativeSelling, general and administrative$741.25 MCost of salesCost of sales$841.15 MResearch and developmentResearch and development$441.59 MTASER SegmentTASER$818.67 M
Chart details

Axon Enterprise, Inc. (AXON) FY2024 Annual P&L / Income Statement

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.
Axon Enterprise, Inc. (AXON) FY2024 Annual Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

59.6%

Gross profit / revenue

Operating margin

2.8%

Operating profit / revenue

Cash conversion

108.3%

Operating cash / net income, same period

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