FINHUB Insights

AXON · Q3 FY25 · Jul 1 – Sep 30, 2025

Axon Enterprise Q3 FY25: where the revenue came from and where it went

Axon Enterprise Q3 FY25: revenue $0.7B (+31% year over year). Net profit $0B. Largest cohort Service $0.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 5, 2025 10-Q
Sankey diagram of Axon Enterprise's income statement for Q3 FY25: revenue of $0.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.7B +31% year over year
Gross profit$0.4B 60% margin
Operating profit$0B 0% margin
Net profit$0B 0% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 0.7 100% +31%
Service 0.3 43% +41%
TASER Devices Professional 0.2 29% +17%
Personal Sensors 0.1 14% +20%
Platform Solutions 0.1 14% +71%
Cost of revenue−0.343%
Gross profit0.460% margin−1pp
Research & development−0.225%+4pp
SG&A−0.336%+0pp
Operating profit00% margin−5pp
Net profit00%−13pp

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.

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