# Axon Enterprise, Inc. (AXON) FY2025 Q1 P&L / Income Statement

- Company: Axon Enterprise, Inc. (AXON)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-07, accession number 0001069183-25-000077
- Page: https://plicit.ai/financials/axon/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/axon-fy2025-q1-income-statement-sankey.png

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

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 603,633,000 US dollars
- **Cost of sales**: 237,894,000 US dollars
- **Gross margin**: 365,739,000 US dollars
- **Total operating expenses**: 374,532,000 US dollars
- **(Loss) income from operations**: negative 8,793,000 US dollars
- **Other income (expense), net (calculated)**: 117,184,000 US dollars
- **Income before provision for income taxes**: 108,391,000 US dollars
- **Provision for income taxes**: 20,411,000 US dollars
- **Net income**: 87,980,000 US dollars
- **TASER Devices (Professional)**: 195,495,000 US dollars
- **Personal Sensors**: 88,405,000 US dollars
- **Platform Solutions**: 56,996,000 US dollars
- **Software and Services**: 262,737,000 US dollars
- **Research and development**: 151,023,000 US dollars
- **Selling, general and administrative**: 223,509,000 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-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/axon-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 603,633,000 US dollars
- **Cost of sales**: 237,894,000 US dollars
- **Gross margin**: 365,739,000 US dollars
- **Total operating expenses**: 374,532,000 US dollars
- **(Loss) income from operations**: negative 8,793,000 US dollars
- **Other income (expense), net (calculated)**: 117,184,000 US dollars
- **Income before provision for income taxes**: 108,391,000 US dollars
- **Provision for income taxes**: 20,411,000 US dollars
- **Net income**: 87,980,000 US dollars
- **Connected Devices**: 340,896,000 US dollars
- **Software and Services**: 262,737,000 US dollars
- **Research and development**: 151,023,000 US dollars
- **Selling, general and administrative**: 223,509,000 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-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/axon-fy2025-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Net sales**: 603,633,000 US dollars
- **Cost of sales**: 237,894,000 US dollars
- **Gross margin**: 365,739,000 US dollars
- **Total operating expenses**: 374,532,000 US dollars
- **(Loss) income from operations**: negative 8,793,000 US dollars
- **Other income (expense), net (calculated)**: 117,184,000 US dollars
- **Income before provision for income taxes**: 108,391,000 US dollars
- **Provision for income taxes**: 20,411,000 US dollars
- **Net income**: 87,980,000 US dollars
- **Products revenue**: 340,896,000 US dollars
- **Services revenue**: 262,737,000 US dollars
- **Products cost of revenue**: 170,181,000 US dollars
- **Services cost of revenue**: 67,713,000 US dollars
- **Research and development**: 151,023,000 US dollars
- **Selling, general and administrative**: 223,509,000 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-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/axon-fy2025-q1-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 603,633,000 US dollars
- **Cost of sales**: 237,894,000 US dollars
- **Gross margin**: 365,739,000 US dollars
- **Total operating expenses**: 374,532,000 US dollars
- **(Loss) income from operations**: negative 8,793,000 US dollars
- **Other income (expense), net (calculated)**: 117,184,000 US dollars
- **Income before provision for income taxes**: 108,391,000 US dollars
- **Provision for income taxes**: 20,411,000 US dollars
- **Net income**: 87,980,000 US dollars
- **UNITED STATES**: 529,383,000 US dollars
- **Other countries**: 74,250,000 US dollars
- **Research and development**: 151,023,000 US dollars
- **Selling, general and administrative**: 223,509,000 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-q1-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/axon-fy2025-q1-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 603,633,000 US dollars
- **Cost of sales**: 237,894,000 US dollars
- **Gross margin**: 365,739,000 US dollars
- **Total operating expenses**: 374,532,000 US dollars
- **(Loss) income from operations**: negative 8,793,000 US dollars
- **Other income (expense), net (calculated)**: 117,184,000 US dollars
- **Income before provision for income taxes**: 108,391,000 US dollars
- **Provision for income taxes**: 20,411,000 US dollars
- **Net income**: 87,980,000 US dollars
- **Connected Devices - Personal Sensors**: 88,405,000 US dollars
- **Connected Devices - Platform Solutions**: 56,996,000 US dollars
- **Connected Devices - Software and Services**: 0 US dollars
- **Connected Devices - TASER Devices (Professional)**: 195,495,000 US dollars
- **Software and Services - Personal Sensors**: 0 US dollars
- **Software and Services - Platform Solutions**: 0 US dollars
- **Software and Services - Software and Services**: 262,737,000 US dollars
- **Software and Services - TASER Devices (Professional)**: 0 US dollars
- **Research and development**: 151,023,000 US dollars
- **Selling, general and administrative**: 223,509,000 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.