Discontinued — last reported Q4 '23

Business Segments · Research And Development Expense

Taser — Research And Development Expense

Axon Enterprise, Inc. Taser — Research And Development Expense increased by 3.8% to $16.27M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $14.53M to $16.27M. Over 2 years (FY 2021 to FY 2023), Taser — Research And Development Expense shows an upward trend with a 16.3% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2023
Rolls up toR&D

How to read this metric

Higher spending indicates a commitment to innovation and future product pipelines, though it reduces short-term profitability.

Detailed definition

This captures the costs incurred for the design, development, and improvement of Taser-related technologies and products...

Peer comparison

Standard R&D expense metric for technology-driven hardware companies.

Metric ID: axon_segment_taser_research_and_development_expense

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$12.31M$10.48M$14.10M$9.90M$13.32M$13.86M$14.53M$16.08M$14.38M$15.67M$16.27M
QoQ Change-14.9%+34.6%-29.8%+34.6%+4.1%+4.8%+10.7%-10.6%+9.0%+3.8%
YoY Change+8.1%+32.3%+3.0%+62.5%+8.0%+13.0%+11.9%
Range$9.90M$16.27M
CAGR+11.8%
Avg YoY Growth+19.8%
Median YoY Growth+11.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Axon Enterprise, Inc.'s taser — research and development expense?
Axon Enterprise, Inc. (AAXN) reported taser — research and development expense of $16.27M in Q4 2023.
How has Axon Enterprise, Inc.'s taser — research and development expense changed year-over-year?
Axon Enterprise, Inc.'s taser — research and development expense increased by 11.9% year-over-year, from $14.53M to $16.27M.
What is the long-term trend for Axon Enterprise, Inc.'s taser — research and development expense?
Over 2 years (2021 to 2023), Axon Enterprise, Inc.'s taser — research and development expense has grown at a 16.3% compound annual growth rate (CAGR), from $46.14M to $62.39M.
What does taser — research and development expense mean?
Spending dedicated to creating and improving Taser products and related technology.