Axon Enterprise (AXON) FY2024 10-K Annual Report
Axon Enterprise (AXON) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 28, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Axon Enterprise FY2024 10-K Analysis
Business Overview
- • Core business model: integrated public safety operating system combining hardware devices and cloud software for law enforcement and related sectors
- • Enhanced emphasis on cloud-hosted digital evidence management and real-time operations software within the Software and Sensors segment
Management Discussion & Analysis
- • Revenue $2.1B, up $521.8M or 33.4% YoY
- • Gross margin 59.6% vs 61.2%, adjusted gross margin 63.2% vs 61.8% YoY
Risk Factors
- • Regulatory risk from ATF oversight under National Firearms Act, Gun Control Act, and Firearms Owners’ Protection Act impacting TASER 10 CED production and sales
- • Geopolitical exposure to import/export controls, tariffs, and sanctions affecting international operations and product/component sourcing
Axon Enterprise FY2024 Key Financial MetricsXBRL
Revenue
$2.1B
▲ +33.2% YoY
Net Income
$377M
▲ +116.4% YoY
Gross Margin
59.6%
▼ -150bp YoY
Operating Margin
2.8%
▼ -709bp YoY
Net Margin
18.1%
▲ +696bp YoY
ROE
16.2%
▲ +539bp YoY
Total Assets
$4.5B
▲ +30.2% YoY
EPS (Diluted)
$4.80
▲ +107.8% YoY
Operating Cash Flow
$408M
▲ +115.7% YoY
Source: XBRL data from Axon Enterprise FY2024 10-K filing on SEC EDGAR. All figures in USD.
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