Discontinued — last reported Q4 '24
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.
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.
This represents the portion of hardware-related payments received from customers for which the performance obligations a...
Comparable to short-term deferred revenue or unearned revenue line items found in the balance sheets of hardware and technology manufacturing peers.
axon_segment_hardware_current_portion_of_deferred_revenue| 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 | $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% |