Discontinued — last reported Q4 '24
Services: — Contract liabilities (deferred revenue)
Axon Enterprise, Inc. Services: — Contract liabilities (deferred revenue) increased by 30.6% to $563.20M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 30.6%, from $431.16M to $563.20M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
A rising total contract liability balance indicates a growing backlog of service work, which is a leading indicator of future revenue growth and customer commitment.
Detailed definition
This metric represents the total aggregate value of service-related contract liabilities, combining both current and non...
Peer comparison
Comparable to 'Total Deferred Revenue' or 'Total Contract Liabilities' across the technology and professional services sectors.
axon_segment_services_contract_liabilities_deferred_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|---|---|
| Value | $137.20M | $184.76M | $226.22M | $312.99M | $431.16M | $563.20M |
| QoQ Change | — | +34.7% | +22.4% | +38.4% | +37.8% | +30.6% |
| YoY Change | — | — | — | +38.4% | +37.8% | +30.6% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Axon Enterprise, Inc.'s services: — contract liabilities (deferred revenue)?
- Axon Enterprise, Inc. (AAXN) reported services: — contract liabilities (deferred revenue) of $563.20M in Q4 2024.
- How has Axon Enterprise, Inc.'s services: — contract liabilities (deferred revenue) changed year-over-year?
- Axon Enterprise, Inc.'s services: — contract liabilities (deferred revenue) increased by 30.6% year-over-year, from $431.16M to $563.20M.
- What does services: — contract liabilities (deferred revenue) mean?
- The total value of all service obligations that the company has been paid for but has not yet delivered.