Discontinued — last reported Q4 '24
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.
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.
This represents the long-term portion of hardware-related payments received from customers for which the performance obl...
Comparable to long-term deferred revenue or non-current contract liabilities reported by technology companies with multi-year service or hardware subscription models.
axon_segment_hardware_deferred_revenue_net_of_current_portion| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '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% |