Discontinued — last reported Q3 '24
Products & Services · Contract With Customer Liability Current
Services — Contract With Customer Liability Current
Axon Enterprise, Inc. Services — Contract With Customer Liability Current increased by 12.0% to $360.54M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $304.71M to $360.54M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ3 2024
Rolls up toDeferred Revenue
How to read this metric
An increase signals strong short-term sales momentum and future revenue growth, whereas a decrease may indicate slowing demand or shorter contract durations.
Detailed definition
This represents the portion of deferred revenue from service contracts that the company expects to recognize as income w...
Peer comparison
Comparable to current deferred revenue or unearned revenue reported by companies with subscription-based business models.
Metric ID:
axon_segment_services_contract_with_customer_liability_currentHistorical Data
12 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $173.35M | $188.44M | $143.68M | $149.82M | $219.81M | $258.49M | $273.67M | $304.71M | $337.88M | $351.41M | $321.80M | $360.54M |
| QoQ Change | — | +8.7% | -23.7% | +4.3% | +46.7% | +17.6% | +5.9% | +11.3% | +10.9% | +4.0% | -8.4% | +12.0% |
| YoY Change | — | — | — | — | +26.8% | +37.2% | +90.5% | +103.4% | +53.7% | +35.9% | +17.6% | +18.3% |
Range$143.68M – $360.54M
CAGR+30.5%
Avg YoY Growth+47.9%
Median YoY Growth+36.6%
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Frequently Asked Questions
- What is Axon Enterprise, Inc.'s services — contract with customer liability current?
- Axon Enterprise, Inc. (AAXN) reported services — contract with customer liability current of $360.54M in Q3 2024.
- How has Axon Enterprise, Inc.'s services — contract with customer liability current changed year-over-year?
- Axon Enterprise, Inc.'s services — contract with customer liability current increased by 18.3% year-over-year, from $304.71M to $360.54M.
- What does services — contract with customer liability current mean?
- The amount of revenue from service contracts expected to be earned within the next year.