Discontinued — last reported Q4 '23
Axon Enterprise, Inc. Software And Sensors — Gross Profit increased by 11.7% to $171.71M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 41.5%, from $121.39M to $171.71M. Over 2 years (FY 2021 to FY 2023), Software And Sensors — Gross Profit shows an upward trend with a 51.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests improved pricing power, better cost management, or a favorable shift in the product mix toward higher-margin software solutions. A decrease may indicate rising input costs, competitive pricing pressure, or inefficiencies in service delivery.
This metric represents the total revenue generated by the software and sensors business segment minus the direct costs a...
Comparable to gross profit metrics in technology and hardware segments of peer companies, often benchmarked against software-as-a-service (SaaS) gross margin standards.
axon_segment_software_and_sensors_gross_profit| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $63.25M | $64.63M | $68.69M | $82.00M | $86.84M | $101.80M | $121.39M | $120.58M | $138.76M | $153.70M | $171.71M |
| QoQ Change | — | +2.2% | +6.3% | +19.4% | +5.9% | +17.2% | +19.2% | -0.7% | +15.1% | +10.8% | +11.7% |
| YoY Change | — | — | — | — | +37.3% | +57.5% | +76.7% | +47.0% | +59.8% | +51.0% | +41.5% |