Discontinued — last reported Q4 '24

Products & Services · Current portion of deferred revenue

Hardware: — Current portion of deferred revenue

Axon Enterprise, Inc. Hardware: — Current portion of deferred revenue increased by 28.4% to $139.19M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 40.4%, from $99.14M to $139.19M. Over 3 years (FY 2021 to FY 2024), Hardware: — Current portion of deferred revenue shows an upward trend with a 33.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2024
Rolls up toDeferred Revenue

How to read this metric

An increase suggests strong near-term hardware sales momentum and a growing pipeline of recognized revenue, while a decrease may indicate slowing short-term hardware demand.

Detailed definition

This represents the portion of hardware-related payments received from customers for which the performance obligations a...

Peer comparison

Comparable to short-term deferred revenue or unearned revenue line items found in the balance sheets of hardware and technology manufacturing peers.

Metric ID: axon_segment_hardware_current_portion_of_deferred_revenue

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$52.44M$62.17M$47.81M$88.98M$73.73M$59.24M$99.79M$108.13M$95.75M$106.12M$99.14M$115.72M$117.17M$108.39M$139.19M
QoQ Change+18.6%-23.1%+86.1%-17.1%-19.7%+68.5%+8.4%-11.4%+10.8%-6.6%+16.7%+1.3%-7.5%+28.4%
YoY Change+40.6%-4.7%+108.7%+21.5%+29.9%+79.1%-0.6%+7.0%+22.4%+2.1%+40.4%
Range$47.81M$139.19M
CAGR+32.2%
Avg YoY Growth+31.5%
Median YoY Growth+22.4%

Frequently Asked Questions

What is Axon Enterprise, Inc.'s hardware: — current portion of deferred revenue?
Axon Enterprise, Inc. (AAXN) reported hardware: — current portion of deferred revenue of $139.19M in Q4 2024.
How has Axon Enterprise, Inc.'s hardware: — current portion of deferred revenue changed year-over-year?
Axon Enterprise, Inc.'s hardware: — current portion of deferred revenue increased by 40.4% year-over-year, from $99.14M to $139.19M.
What is the long-term trend for Axon Enterprise, Inc.'s hardware: — current portion of deferred revenue?
Over 3 years (2021 to 2024), Axon Enterprise, Inc.'s hardware: — current portion of deferred revenue has grown at a 33.4% compound annual growth rate (CAGR), from $202.18M to $480.47M.
What does hardware: — current portion of deferred revenue mean?
The amount of hardware revenue expected to be recognized within the next year for which payment has already been received.