# Axon Enterprise, Inc. (AXON) FY2025 Annual P&L / Income Statement

- Company: Axon Enterprise, Inc. (AXON)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-25, accession number 0001628280-26-011360
- Page: https://plicit.ai/financials/axon/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/axon-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service (4 categories)

Income statement for 2025-01-01 through 2025-12-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 2,779,536,000 US dollars
- **Cost of sales**: 1,121,411,000 US dollars
- **Gross margin**: 1,658,125,000 US dollars
- **Total operating expenses**: 1,720,201,000 US dollars
- **Income (loss) from operations**: negative 62,076,000 US dollars
- **Other income (expense), net (calculated)**: 81,050,000 US dollars
- **Income before provision for income taxes**: 18,974,000 US dollars
- **Provision for (benefit from) income taxes**: negative 105,682,000 US dollars
- **Net income**: 124,656,000 US dollars
- **TASER Devices**: 913,883,000 US dollars
- **Personal Sensors**: 397,035,000 US dollars
- **Platform Solutions**: 265,946,000 US dollars
- **Software and Services**: 1,202,672,000 US dollars
- **Research and development**: 684,308,000 US dollars
- **Selling, general and administrative**: 1,035,893,000 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/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/axon-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 2,779,536,000 US dollars
- **Cost of sales**: 1,121,411,000 US dollars
- **Gross margin**: 1,658,125,000 US dollars
- **Total operating expenses**: 1,720,201,000 US dollars
- **Income (loss) from operations**: negative 62,076,000 US dollars
- **Other income (expense), net (calculated)**: 81,050,000 US dollars
- **Income before provision for income taxes**: 18,974,000 US dollars
- **Provision for (benefit from) income taxes**: negative 105,682,000 US dollars
- **Net income**: 124,656,000 US dollars
- **Connected Devices**: 1,576,864,000 US dollars
- **Software and Services**: 1,202,672,000 US dollars
- **Research and development**: 684,308,000 US dollars
- **Selling, general and administrative**: 1,035,893,000 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/fy2025-annual-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/axon-fy2025-annual-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Net sales**: 2,779,536,000 US dollars
- **Cost of sales**: 1,121,411,000 US dollars
- **Gross margin**: 1,658,125,000 US dollars
- **Total operating expenses**: 1,720,201,000 US dollars
- **Income (loss) from operations**: negative 62,076,000 US dollars
- **Other income (expense), net (calculated)**: 81,050,000 US dollars
- **Income before provision for income taxes**: 18,974,000 US dollars
- **Provision for (benefit from) income taxes**: negative 105,682,000 US dollars
- **Net income**: 124,656,000 US dollars
- **Net sales from products revenue**: 1,576,864,000 US dollars
- **Net sales from services revenue**: 1,202,672,000 US dollars
- **Net sales from products cost of revenue**: 809,303,000 US dollars
- **Net sales from services cost of revenue**: 312,108,000 US dollars
- **Research and development**: 684,308,000 US dollars
- **Selling, general and administrative**: 1,035,893,000 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/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/axon-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 2,779,536,000 US dollars
- **Cost of sales**: 1,121,411,000 US dollars
- **Gross margin**: 1,658,125,000 US dollars
- **Total operating expenses**: 1,720,201,000 US dollars
- **Income (loss) from operations**: negative 62,076,000 US dollars
- **Other income (expense), net (calculated)**: 81,050,000 US dollars
- **Income before provision for income taxes**: 18,974,000 US dollars
- **Provision for (benefit from) income taxes**: negative 105,682,000 US dollars
- **Net income**: 124,656,000 US dollars
- **UNITED STATES**: 2,305,012,000 US dollars
- **Other countries**: 474,524,000 US dollars
- **Research and development**: 684,308,000 US dollars
- **Selling, general and administrative**: 1,035,893,000 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/fy2025-annual-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/axon-fy2025-annual-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 2,779,536,000 US dollars
- **Cost of sales**: 1,121,411,000 US dollars
- **Gross margin**: 1,658,125,000 US dollars
- **Total operating expenses**: 1,720,201,000 US dollars
- **Income (loss) from operations**: negative 62,076,000 US dollars
- **Other income (expense), net (calculated)**: 81,050,000 US dollars
- **Income before provision for income taxes**: 18,974,000 US dollars
- **Provision for (benefit from) income taxes**: negative 105,682,000 US dollars
- **Net income**: 124,656,000 US dollars
- **Connected Devices - Personal Sensors**: 397,035,000 US dollars
- **Connected Devices - Platform Solutions**: 265,946,000 US dollars
- **Connected Devices - Software and Services**: 0 US dollars
- **Connected Devices - TASER Devices**: 913,883,000 US dollars
- **Software and Services - Personal Sensors**: 0 US dollars
- **Software and Services - Platform Solutions**: 0 US dollars
- **Software and Services - Software and Services**: 1,202,672,000 US dollars
- **Software and Services - TASER Devices**: 0 US dollars
- **Research and development**: 684,308,000 US dollars
- **Selling, general and administrative**: 1,035,893,000 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.