Axon Enterprise Q4 FY25: where the revenue came from and where it went
The whole income statement of Axon Enterprise for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 25, 2026
Revenue$0.80B
+39% year over year
Gross profit$0.46B
58% margin
Operating profit−$0.05B
−6% margin
Net profit$<0.01B
0% margin
Net profit is larger than what operations earned, because the statement adds $0.07B below it, under Tax benefit.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.80 | 100% | +39% |
| Services | 0.34 | 43% | +40% |
| TASER devices professional | 0.26 | 33% | +32% |
| Personal sensors | 0.11 | 14% | +28% |
| Platform solutions | 0.08 | 10% | +81% |
| Cost of revenue | −0.34 | 42% | |
| Gross profit | 0.46 | 58% margin | −2pp |
| R&D | −0.19 | 24% | +1pp |
| SG&A | −0.32 | 40% | +0pp |
| Operating profit | −0.05 | −6% margin | −4pp |
| Interest & other costs | −0.02 | ||
| Tax benefit | 0.07 | ||
| Net profit | <0.01 | 0% margin | −23pp |
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