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

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

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.