Discontinued — last reported Q4 '24
Services: — Current portion of deferred revenue
Axon Enterprise, Inc. Services: — Current portion of deferred revenue increased by 26.0% to $420.82M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 26.0%, from $333.96M to $420.82M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong near-term demand and a growing pipeline of service obligations, while a decrease may indicate slowing service bookings or faster revenue recognition.
Detailed definition
This metric represents the portion of service-related contract liabilities that the company expects to recognize as reve...
Peer comparison
Comparable to 'Current Deferred Revenue' or 'Short-term Unearned Revenue' found in SaaS and recurring revenue business models.
axon_segment_services_current_portion_of_deferred_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|---|---|
| Value | $107.40M | $154.71M | $173.35M | $219.81M | $333.96M | $420.82M |
| QoQ Change | — | +44.1% | +12.1% | +26.8% | +51.9% | +26.0% |
| YoY Change | — | — | — | +26.8% | +51.9% | +26.0% |
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Frequently Asked Questions
- What is Axon Enterprise, Inc.'s services: — current portion of deferred revenue?
- Axon Enterprise, Inc. (AAXN) reported services: — current portion of deferred revenue of $420.82M in Q4 2024.
- How has Axon Enterprise, Inc.'s services: — current portion of deferred revenue changed year-over-year?
- Axon Enterprise, Inc.'s services: — current portion of deferred revenue increased by 26.0% year-over-year, from $333.96M to $420.82M.
- What does services: — current portion of deferred revenue mean?
- The amount of service revenue expected to be recognized within the next year from existing customer contracts.