AXON Q1 2024 Earnings — Axon Enterprise, Inc. Revenue & Financial Results | Market Cap Arena

AXONAxon Enterprise, Inc.

$43B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$460M+34.1% YoY

Gross Profit

$259M56.2% margin

Operating Income

$16M3.6% margin

Net Income

$133M29.0% margin

EPS (Diluted)

$1.73

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$32M

Stock-Based Comp.

$75M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$1.8B

Stockholders' Equity

$1.8B

Cash & Equivalents

$404M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$460M	$343M	+34.1%
Gross Profit	$259M	$204M	+26.7%
Operating Income	$16M	$17M	-0.9%
Net Income	$133M	$45M	+195.4%

Revenue Segments

Software and Sensors Segment

$282M61%

Taser Weapons Segment

$179M39%

Geographic Segments

UNITED STATES

$392M85%

Non-US

$68M15%