Discontinued — last reported Q4 '23
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.
Higher spending indicates a commitment to innovation and future product pipelines, though it reduces short-term profitability.
This captures the costs incurred for the design, development, and improvement of Taser-related technologies and products...
Standard R&D expense metric for technology-driven hardware companies.
axon_segment_taser_research_and_development_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '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% |