# Axon Enterprise, Inc. (AXON) FY2024 Q3 P&L / Income Statement - Company: Axon Enterprise, Inc. (AXON) - Period: 2024-07-01 to 2024-09-30 - Filing: Q3 FY2024 10-Q, filed 2024-11-08, accession number 0001069183-24-000061 - Page: https://plicit.ai/financials/axon/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/axon-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service (7 categories) Income statement for 2024-07-01 through 2024-09-30. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 544,274,000 US dollars - **Cost of sales**: 213,527,000 US dollars - **Gross margin**: 330,747,000 US dollars - **Total operating expenses**: 306,666,000 US dollars - **Income from operations**: 24,081,000 US dollars - **Other income (expense), net (calculated)**: 55,488,000 US dollars - **Income before provision for income taxes**: 79,569,000 US dollars - **Provision for (benefit from) income taxes**: 12,544,000 US dollars - **Net income**: 67,025,000 US dollars - **TASER Devices (Professional)**: 130,515,000 US dollars - **Cartridges**: 60,179,000 US dollars - **Axon Evidence and Cloud Services**: 217,342,000 US dollars - **Extended Warranties**: 27,035,000 US dollars - **Axon Body Cameras and Accessories**: 70,363,000 US dollars - **Axon Fleet Systems**: 23,239,000 US dollars - **Other**: 15,601,000 US dollars - **Research and development**: 114,477,000 US dollars - **Sales, general and administrative**: 192,189,000 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-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/axon-fy2024-q3-revenue-by-business-segment-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 544,274,000 US dollars - **Cost of sales**: 213,527,000 US dollars - **Gross margin**: 330,747,000 US dollars - **Total operating expenses**: 306,666,000 US dollars - **Income from operations**: 24,081,000 US dollars - **Other income (expense), net (calculated)**: 55,488,000 US dollars - **Income before provision for income taxes**: 79,569,000 US dollars - **Provision for (benefit from) income taxes**: 12,544,000 US dollars - **Net income**: 67,025,000 US dollars - **TASER**: 221,734,000 US dollars - **Software and Sensors**: 322,540,000 US dollars - **Research and development**: 114,477,000 US dollars - **Sales, general and administrative**: 192,189,000 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-q3-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/axon-fy2024-q3-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Net sales**: 544,274,000 US dollars - **Cost of sales**: 213,527,000 US dollars - **Gross margin**: 330,747,000 US dollars - **Total operating expenses**: 306,666,000 US dollars - **Income from operations**: 24,081,000 US dollars - **Other income (expense), net (calculated)**: 55,488,000 US dollars - **Income before provision for income taxes**: 79,569,000 US dollars - **Provision for (benefit from) income taxes**: 12,544,000 US dollars - **Net income**: 67,025,000 US dollars - **Products revenue**: 327,900,000 US dollars - **Services revenue**: 216,374,000 US dollars - **Products cost of revenue**: 156,167,000 US dollars - **Services cost of revenue**: 57,360,000 US dollars - **Research and development**: 114,477,000 US dollars - **Sales, general and administrative**: 192,189,000 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-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/axon-fy2024-q3-revenue-by-geography-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 544,274,000 US dollars - **Cost of sales**: 213,527,000 US dollars - **Gross margin**: 330,747,000 US dollars - **Total operating expenses**: 306,666,000 US dollars - **Income from operations**: 24,081,000 US dollars - **Other income (expense), net (calculated)**: 55,488,000 US dollars - **Income before provision for income taxes**: 79,569,000 US dollars - **Provision for (benefit from) income taxes**: 12,544,000 US dollars - **Net income**: 67,025,000 US dollars - **UNITED STATES**: 482,596,000 US dollars - **Other countries**: 61,678,000 US dollars - **Research and development**: 114,477,000 US dollars - **Sales, general and administrative**: 192,189,000 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-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/axon-fy2024-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 544,274,000 US dollars - **Cost of sales**: 213,527,000 US dollars - **Gross margin**: 330,747,000 US dollars - **Total operating expenses**: 306,666,000 US dollars - **Income from operations**: 24,081,000 US dollars - **Other income (expense), net (calculated)**: 55,488,000 US dollars - **Income before provision for income taxes**: 79,569,000 US dollars - **Provision for (benefit from) income taxes**: 12,544,000 US dollars - **Net income**: 67,025,000 US dollars - **Software and Sensors - Axon Body Cameras and Accessories**: 70,363,000 US dollars - **Software and Sensors - Axon Evidence and Cloud Services**: 203,481,000 US dollars - **Software and Sensors - Axon Fleet Systems**: 23,239,000 US dollars - **Software and Sensors - Cartridges**: 0 US dollars - **Software and Sensors - Extended Warranties**: 17,306,000 US dollars - **Software and Sensors - Other**: 8,151,000 US dollars - **Software and Sensors - TASER Devices (Professional)**: 0 US dollars - **TASER - Axon Body Cameras and Accessories**: 0 US dollars - **TASER - Axon Evidence and Cloud Services**: 13,861,000 US dollars - **TASER - Axon Fleet Systems**: 0 US dollars - **TASER - Cartridges**: 60,179,000 US dollars - **TASER - Extended Warranties**: 9,729,000 US dollars - **TASER - Other**: 7,450,000 US dollars - **TASER - TASER Devices (Professional)**: 130,515,000 US dollars - **Research and development**: 114,477,000 US dollars - **Sales, general and administrative**: 192,189,000 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.