AXON Q2 2023 Earnings — Axon Enterprise, Inc. Revenue & Financial Results | Market Cap Arena

AXONAxon Enterprise, Inc.

$43B

Q2 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$375M+31.2% YoY

Gross Profit

$232M62.0% margin

Operating Income

$40M10.7% margin

Net Income

$12M3.3% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

$43M

Free Cash Flow

$29M

Stock-Based Comp.

$32M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.6B

Stockholders' Equity

$1.4B

Cash & Equivalents

$474M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$375M	$286M	+31.2%
Gross Profit	$232M	$174M	+33.4%
Operating Income	$40M	$21M	+88.0%
Net Income	$12M	$51M	-75.6%

Revenue Segments

Software and Sensors

$220M59%

TASER

$154M41%

Geographic Segments

United States

$322M86%

Other countries

$53M14%