FINHUB Insights

AXON · Q1 FY25 · Jan 1 – Mar 31, 2025

Axon Enterprise Q1 FY25: where the revenue came from and where it went

Axon Enterprise Q1 FY25: revenue $0.6B (+31% year over year). Net profit $0.09B. Largest cohort Services $0.26B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 7, 2025 10-Q
Sankey diagram of Axon Enterprise's income statement for Q1 FY25: revenue of $0.60 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.60B +31% year over year
Gross profit$0.37B 61% margin
Operating profit$-0.01B -1% margin
Net profit$0.09B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 0.60 100% +31%
Services 0.26 44% +39%
TASER devices professional 0.20 32% +19%
Personal sensors 0.09 15% +30%
Platform solutions 0.06 9% +51%
Cost of revenue−0.2439%
Gross profit0.3761% margin+4pp
R&D−0.1525%+5pp
SG&A−0.2237%+4pp
Operating profit-0.01-1% margin−5pp
Tax−0.02
Net profit0.0915%−14pp
Filing on EDGAR More quarters of AXON

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.