Axon Enterprise Inc
NASDAQ:AXON
Income Statement
Earnings Waterfall
Axon Enterprise Inc
Revenue
|
1.6B
USD
|
Cost of Revenue
|
-608m
USD
|
Gross Profit
|
955.4m
USD
|
Operating Expenses
|
-800.6m
USD
|
Operating Income
|
154.8m
USD
|
Other Expenses
|
19.4m
USD
|
Net Income
|
174.2m
USD
|
Income Statement
Axon Enterprise Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
138
N/A
|
144
+4%
|
149
+3%
|
158
+6%
|
165
+4%
|
173
+5%
|
183
+5%
|
189
+3%
|
198
+5%
|
209
+5%
|
221
+6%
|
242
+10%
|
268
+11%
|
292
+9%
|
313
+7%
|
331
+6%
|
344
+4%
|
366
+6%
|
385
+5%
|
400
+4%
|
420
+5%
|
435
+3%
|
448
+3%
|
474
+6%
|
531
+12%
|
562
+6%
|
591
+5%
|
627
+6%
|
681
+9%
|
729
+7%
|
806
+11%
|
872
+8%
|
863
-1%
|
925
+7%
|
992
+7%
|
1 071
+8%
|
1 190
+11%
|
1 277
+7%
|
1 366
+7%
|
1 467
+7%
|
1 563
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(52)
|
(54)
|
(56)
|
(58)
|
(63)
|
(64)
|
(66)
|
(70)
|
(69)
|
(73)
|
(79)
|
(85)
|
(98)
|
(110)
|
(122)
|
(137)
|
(137)
|
(143)
|
(145)
|
(144)
|
(162)
|
(172)
|
(182)
|
(194)
|
(224)
|
(235)
|
(242)
|
(259)
|
(265)
|
(278)
|
(306)
|
(325)
|
(323)
|
(352)
|
(382)
|
(413)
|
(461)
|
(500)
|
(530)
|
(570)
|
(608)
|
|
Gross Profit |
86
N/A
|
90
+4%
|
93
+4%
|
100
+7%
|
102
+2%
|
109
+8%
|
117
+7%
|
119
+2%
|
129
+8%
|
136
+6%
|
142
+5%
|
158
+11%
|
171
+8%
|
182
+7%
|
191
+5%
|
194
+2%
|
207
+7%
|
223
+8%
|
240
+8%
|
256
+7%
|
259
+1%
|
263
+2%
|
265
+1%
|
280
+6%
|
307
+10%
|
327
+6%
|
350
+7%
|
368
+5%
|
416
+13%
|
451
+8%
|
501
+11%
|
547
+9%
|
541
-1%
|
573
+6%
|
609
+6%
|
658
+8%
|
729
+11%
|
777
+7%
|
835
+7%
|
897
+7%
|
955
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(57)
|
(62)
|
(66)
|
(67)
|
(69)
|
(71)
|
(75)
|
(83)
|
(93)
|
(106)
|
(116)
|
(127)
|
(139)
|
(150)
|
(164)
|
(179)
|
(194)
|
(202)
|
(215)
|
(226)
|
(234)
|
(249)
|
(258)
|
(270)
|
(314)
|
(337)
|
(372)
|
(402)
|
(431)
|
(515)
|
(645)
|
(683)
|
(709)
|
(674)
|
(595)
|
(614)
|
(635)
|
(684)
|
(724)
|
(763)
|
(801)
|
|
Selling, General & Administrative |
(45)
|
(48)
|
(51)
|
(50)
|
(53)
|
(54)
|
(56)
|
(61)
|
(68)
|
(78)
|
(87)
|
(98)
|
(108)
|
(114)
|
(122)
|
(130)
|
(139)
|
(144)
|
(151)
|
(154)
|
(151)
|
(164)
|
(168)
|
(177)
|
(207)
|
(233)
|
(262)
|
(288)
|
(301)
|
(371)
|
(476)
|
(501)
|
(505)
|
(479)
|
(396)
|
(399)
|
(402)
|
(428)
|
(453)
|
(474)
|
(497)
|
|
Research & Development |
(10)
|
(11)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(21)
|
(24)
|
(26)
|
(27)
|
(28)
|
(31)
|
(36)
|
(43)
|
(49)
|
(55)
|
(58)
|
(64)
|
(71)
|
(77)
|
(85)
|
(90)
|
(93)
|
(101)
|
(104)
|
(110)
|
(114)
|
(123)
|
(144)
|
(168)
|
(181)
|
(194)
|
(196)
|
(199)
|
(216)
|
(234)
|
(256)
|
(271)
|
(288)
|
(304)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
29
N/A
|
28
-6%
|
27
-2%
|
33
+21%
|
33
0%
|
38
+18%
|
42
+8%
|
36
-14%
|
35
-1%
|
30
-16%
|
27
-11%
|
31
+17%
|
32
+3%
|
32
+1%
|
27
-17%
|
15
-45%
|
13
-12%
|
21
+63%
|
26
+21%
|
31
+19%
|
25
-19%
|
14
-44%
|
7
-47%
|
10
+35%
|
(6)
N/A
|
(10)
-55%
|
(22)
-125%
|
(34)
-54%
|
(14)
+59%
|
(64)
-348%
|
(144)
-126%
|
(135)
+6%
|
(168)
-24%
|
(101)
+40%
|
14
N/A
|
44
+203%
|
93
+114%
|
93
-1%
|
112
+20%
|
135
+21%
|
155
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
2
|
3
|
3
|
4
|
2
|
2
|
3
|
4
|
6
|
7
|
9
|
7
|
7
|
7
|
8
|
8
|
48
|
40
|
27
|
82
|
87
|
81
|
103
|
73
|
(26)
|
(1)
|
(0)
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
28
N/A
|
28
-1%
|
27
-2%
|
33
+20%
|
32
-1%
|
38
+18%
|
41
+8%
|
36
-14%
|
35
-1%
|
30
-15%
|
27
-11%
|
31
+15%
|
32
+3%
|
32
+1%
|
28
-11%
|
18
-35%
|
16
-13%
|
25
+58%
|
28
+10%
|
32
+17%
|
28
-12%
|
18
-35%
|
14
-24%
|
17
+23%
|
2
-88%
|
(3)
N/A
|
(16)
-454%
|
(27)
-76%
|
(6)
+77%
|
(56)
-792%
|
(96)
-71%
|
(95)
+1%
|
(141)
-49%
|
(19)
+86%
|
101
N/A
|
125
+23%
|
197
+58%
|
166
-16%
|
85
-49%
|
134
+57%
|
155
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(9)
|
(9)
|
(12)
|
(12)
|
(14)
|
(15)
|
(16)
|
(15)
|
(14)
|
(13)
|
(14)
|
(14)
|
(13)
|
(11)
|
(5)
|
(3)
|
(3)
|
0
|
1
|
1
|
5
|
2
|
(1)
|
(1)
|
1
|
(18)
|
(13)
|
5
|
2
|
26
|
75
|
81
|
62
|
40
|
(20)
|
(49)
|
(29)
|
14
|
12
|
19
|
|
Income from Continuing Operations |
18
|
18
|
18
|
20
|
20
|
24
|
26
|
20
|
20
|
16
|
14
|
16
|
17
|
18
|
17
|
14
|
13
|
22
|
28
|
33
|
30
|
23
|
15
|
16
|
1
|
(2)
|
(33)
|
(40)
|
(2)
|
(54)
|
(70)
|
(21)
|
(60)
|
43
|
141
|
105
|
147
|
137
|
99
|
146
|
174
|
|
Net Income (Common) |
18
N/A
|
18
+1%
|
18
-3%
|
20
+14%
|
20
-2%
|
24
+20%
|
26
+9%
|
20
-23%
|
20
N/A
|
16
-19%
|
14
-15%
|
16
+17%
|
17
+7%
|
18
+6%
|
17
-8%
|
14
-20%
|
5
-62%
|
14
+160%
|
20
+46%
|
25
+27%
|
29
+17%
|
23
-22%
|
15
-34%
|
15
+3%
|
1
-94%
|
(2)
N/A
|
(33)
-2 100%
|
(40)
-21%
|
(2)
+96%
|
(54)
-3 065%
|
(70)
-30%
|
(21)
+70%
|
(60)
-190%
|
43
N/A
|
141
+229%
|
105
-26%
|
147
+41%
|
137
-7%
|
99
-28%
|
146
+48%
|
174
+19%
|
|
EPS (Diluted) |
0.34
N/A
|
0.34
N/A
|
0.33
-3%
|
0.37
+12%
|
0.37
N/A
|
0.43
+16%
|
0.47
+9%
|
0.36
-23%
|
0.36
N/A
|
0.29
-19%
|
0.25
-14%
|
0.29
+16%
|
0.32
+10%
|
0.35
+9%
|
0.32
-9%
|
0.26
-19%
|
0.09
-65%
|
0.24
+167%
|
0.34
+42%
|
0.41
+21%
|
0.51
+24%
|
0.37
-27%
|
0.26
-30%
|
0.26
N/A
|
0.01
-96%
|
-0.03
N/A
|
-0.55
-1 733%
|
-0.62
-13%
|
-0.03
+95%
|
-0.86
-2 767%
|
-1.07
-24%
|
-0.28
+74%
|
-0.91
-225%
|
0.59
N/A
|
1.95
+231%
|
1.45
-26%
|
2.03
+40%
|
1.85
-9%
|
1.3
-30%
|
1.92
+48%
|
2.31
+20%
|