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FY'25FY'24FY'23FY'22
Net Sales by Business
Connected Devices$1.58B+29.1%$1.22B+26.7%$964M
Software and Services$1.2B+39.6%$861.23M$656.1M+53.8%
Cost of Sales by Business
Connected Devices$468.94M-24.1%$618.14M+38.1%$447.71M
Software and Services$176.68M-20.8%$223.01M$265.79M+54.0%
Reallocation of goodwill from Segment Realignment by Business
Connected Devices$46.67M
Software and Sensors-$753.99M
Software and Services$710.16M
TASER Devices-$2.85M
Goodwill by Business
Connected Devices$200.63M
Software and Services$3.46B
Adjusted gross margin by Business
Connected Devices$807.57M+23.5%$654.04M+25.9%$519.55M
Software and Services$931.53M+40.8%$661.41M+48.4%$445.65M+12.5%$396.02M
D&A by Business
Connected Devices$38.19M+65.0%$23.14M+64.0%$14.12M
Software and Services$19.11M+56.1%$12.24M+254%$3.45M-15.4%$4.08M
Foreign currency translation adjustments by Business
Software and Services$3.56M+263%-$2.19M
Goodwill acquired by Business
Connected Devices$4.73M
Goodwill, Measurement Period Adjustment by Business
Connected Devices$446K
Other segment items by Business
Connected Devices$40.01M-21.4%$50.88M+1,464%$3.25M
Software and Services$40.96M+76.7%$23.19M+257%$6.49M+13.6%$5.71M
Provisions for inventory by Business
Connected Devices$4.08M-75.4%$16.6M+278%$4.39M
Software and Services$0$0$0$0
Stock-based compensation expense by Business
Connected Devices$31.3M-34.7%$47.95M+1,762%$2.58M
Software and Services$21.92M+80.6%$12.14M+202%$4.02M+31.9%$3.05M
Warranty reserve expense by Business
Connected Devices$11.63M+108%$5.59M-30.6%$8.06M
Software and Services$0$0$0-100%$145K
Net Sales by Product
Personal Sensors$397.04M+25.3%$316.94M+30.6%$242.63M
Platform Solutions$265.95M+72.5%$154.21M+4.0%$148.22M
Software and Services$1.2B+39.6%$861.23M+44.3%$596.7M
TASER$913.88M+21.8%$750.14M+30.9%$573.16M+103%$282.7M+20.5%
Cost of Sales by Product
Product$809.3M+30.4%$620.66M+37.5%$451.39M+24.3%$363.22M+39.6%
Service$312.11M+39.5%$223.77M+41.9%$157.69M+57.5%$100.12M+60.5%
Net Sales by Geography
Other countries$474.52M+54.4%$307.33M+36.5%$225.18M+11.5%$201.96M+14.4%
United States$2.31B+29.8%$1.78B+32.9%$1.34B+35.6%$985.18M+43.4%

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Questions, answered.

How does Axon Enterprise, Inc. break its business down?
Axon Enterprise, Inc. (AAXN) reports net sales by business across 2 parts — Connected Devices and Software and Services. Each is extracted from the segment footnotes and tracked over time.
Where does Axon Enterprise, Inc.'s segment data come from?
Segment breakdowns are pulled from the segment footnotes in Axon Enterprise, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.