Discontinued — last reported Q4 '24

Products & Services · Deferred revenue, net of current portion

Hardware: — Deferred revenue, net of current portion

Axon Enterprise, Inc. Hardware: — Deferred revenue, net of current portion increased by 6.2% to $179.31M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 22.2%, from $146.71M to $179.31M. Over 3 years (FY 2021 to FY 2024), Hardware: — Deferred revenue, net of current portion shows an upward trend with a 30.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ4 2024

How to read this metric

An increase indicates strong long-term customer commitment and multi-year hardware contract growth, whereas a decrease may signal a shift toward shorter-term contracts or reduced long-term hardware demand.

Detailed definition

This represents the long-term portion of hardware-related payments received from customers for which the performance obl...

Peer comparison

Comparable to long-term deferred revenue or non-current contract liabilities reported by technology companies with multi-year service or hardware subscription models.

Metric ID: axon_segment_hardware_deferred_revenue_net_of_current_portion

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$61.58M$52.23M$109.95M$75.03M$114.87M$148.90M$121.87M$123.29M$137.08M$138.63M$146.71M$151.42M$144.99M$168.84M$179.31M
QoQ Change-15.2%+110.5%-31.8%+53.1%+29.6%-18.2%+1.2%+11.2%+1.1%+5.8%+3.2%-4.2%+16.5%+6.2%
YoY Change+86.5%+185.1%+10.8%+64.3%+19.3%-6.9%+20.4%+22.8%+5.8%+21.8%+22.2%
Range$52.23M$179.31M
CAGR+35.7%
Avg YoY Growth+41.1%
Median YoY Growth+21.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Axon Enterprise, Inc.'s hardware: — deferred revenue, net of current portion?
Axon Enterprise, Inc. (AAXN) reported hardware: — deferred revenue, net of current portion of $179.31M in Q4 2024.
How has Axon Enterprise, Inc.'s hardware: — deferred revenue, net of current portion changed year-over-year?
Axon Enterprise, Inc.'s hardware: — deferred revenue, net of current portion increased by 22.2% year-over-year, from $146.71M to $179.31M.
What is the long-term trend for Axon Enterprise, Inc.'s hardware: — deferred revenue, net of current portion?
Over 3 years (2021 to 2024), Axon Enterprise, Inc.'s hardware: — deferred revenue, net of current portion has grown at a 30.5% compound annual growth rate (CAGR), from $290.05M to $644.56M.
What does hardware: — deferred revenue, net of current portion mean?
The amount of hardware revenue expected to be recognized after more than one year for which payment has already been received.