Flagship explainer
How Axon Enterprise, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $2.8B | 100% |
| |
| Cost of revenue | $1.1B | 40% |
|
| $1.7B | 60% |
| |
| −$62.1M | −2% |
| |
| Income before tax | $19M | 1% |
|
| Income tax | −$106M | −4% |
|
| $125M | 4% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001628280-26-011360