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

Revenue by Business Segment by Product and Service

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: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSoftware and Sensors - Axon Evidence and Cloud ServicesTASER Segment - TASER Devices (Professional)Software and Sensors - Axon Body Cameras and AccessoriesTASER Segment - CartridgesSoftware and Sensors - Axon Fleet SystemsSoftware and Sensors - Extended WarrantiesTASER Segment - Axon Evidence and Cloud ServicesSoftware and Sensors - OtherTASER Segment - Extended WarrantiesTASER Segment - OtherNet 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 MSoftware and Sensors - Axon Evidence and Cloud ServicesSoftware and Sensors - AxonEvidence and Cloud Services$808.26 MTotal operating expensesTotal operatingexpenses$1.18 BProvision for (benefit from) income taxesProvision for (benefitfrom) income taxes$4.47 MSelling, general and administrativeSelling, general and administrative$741.25 MTASER Segment - TASER Devices (Professional)TASER - TASER Devices(Professional)$453.06 MCost of salesCost of sales$841.15 MSoftware and Sensors - Axon Body Cameras and AccessoriesSoftware and Sensors - AxonBody Cameras and Accessories$246.86 MResearch and developmentResearch and development$441.59 MTASER Segment - CartridgesTASER - Cartridges$246.77 MSoftware and Sensors - Axon Fleet SystemsSoftware and Sensors- Axon Fleet Systems$104.89 MSoftware and Sensors - Extended WarrantiesSoftware and Sensors- Extended Warranties$66.14 MTASER Segment - Axon Evidence and Cloud ServicesTASER - Axon Evidenceand Cloud Services$54.91 MSoftware and Sensors - OtherSoftware and Sensors - Other$37.71 MTASER Segment - Extended WarrantiesTASER - Extended Warranties$37.52 MTASER Segment - OtherTASER - Other$26.42 M
Chart details

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

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.
Axon Enterprise, Inc. (AXON) FY2024 Annual Revenue by Business Segment by Product and Service 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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