Discontinued — last reported Q4 '24
Axon Enterprise, Inc. Warranty: — Contract liabilities (deferred revenue) increased by 46.0% to $91.94M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 43.0%, from $64.30M to $91.94M. Over 3 years (FY 2021 to FY 2024), Warranty: — Contract liabilities (deferred revenue) shows an upward trend with a 12.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Growth in this metric indicates an expanding service backlog and increasing future revenue potential, whereas a decline may suggest a reduction in total service contract volume.
This represents the total aggregate obligation for warranty services that have been paid for by customers but not yet pe...
Comparable to total deferred revenue or total contract liabilities reported by technology and manufacturing firms with integrated service components.
axon_segment_warranty_contract_liabilities_deferred_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $49.50M | $63.38M | $67.34M | $66.23M | $76.07M | $74.56M | $73.39M | $75.10M | $75.02M | $79.34M | $64.30M | $84.06M | $82.98M | $62.99M | $91.94M |
| QoQ Change | — | +28.0% | +6.2% | -1.6% | +14.9% | -2.0% | -1.6% | +2.3% | -0.1% | +5.8% | -19.0% | +30.7% | -1.3% | -24.1% | +46.0% |
| YoY Change | — | — | — | — | +53.7% | +17.6% | +9.0% | +13.4% | -1.4% | +6.4% | -12.4% | +11.9% | +10.6% | -20.6% | +43.0% |