Discontinued — last reported Q3 '23
Axon Enterprise, Inc. Softwareand Sensors — Gross Profit increased by 10.8% to $153.70M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 51.0%, from $101.80M to $153.70M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved pricing power or better cost control, while a decrease suggests margin compression due to higher costs or competitive pricing pressure.
This represents the profit earned by the Software and Sensors segment after deducting the direct costs of producing and...
Comparable to segment gross profit in diversified technology and hardware companies.
axon_segment_softwareand_sensors_gross_profit| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $63.25M | $64.63M | $82.00M | $86.84M | $101.80M | $120.58M | $138.76M | $153.70M |
| QoQ Change | — | +2.2% | +26.9% | +5.9% | +17.2% | +18.5% | +15.1% | +10.8% |
| YoY Change | — | — | — | +37.3% | +57.5% | +47.0% | +59.8% | +51.0% |