The table below shows AXON ENTERPRISE, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$2.78B
$2.08B
$1.56B
$1.19B
$865.64M
$681.00M
Cost of revenue
$1.12B
$841.15M
$605.25M
$461.03M
$319.92M
$264.67M
Gross profit
$1.66B
$1.24B
$955.45M
$726.11M
$545.72M
$416.33M
R&D
$684.31M
$441.59M
$303.72M
$233.81M
$194.03M
$123.19M
AXON annual revenue (10-K history)
AXON ENTERPRISE, INC. reported annual revenue of $2.78B for fiscal year 2025. That is up 33.5% from $2.08B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $268.25M (FY 2016) to $2.78B. Figures come from the company's audited annual reports as filed with the SEC.