---
schema_version: "secwatch.filing_event.v1"
accession: "0001069183-23-000027"
form_type: "8-K"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T07:58:35.279065+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axon Q1 revenue $343M (+34% YoY); raises FY2023 outlook to 22% growth

## Summary
- Record Q1 revenue $343M (+34% YoY); Net income $45M ($0.61 diluted EPS); Non-GAAP net income $65M ($0.88).
- Axon Cloud revenue $116M (+51% YoY); ARR $520M (+49%); Net revenue retention 121%.
- TASER segment revenue $134M (+17% YoY); Sensors & Other $92M (+42% on Axon Fleet 3 shipments doubling).
- Raised full year 2023 outlook: 22% revenue growth; maintain ~20% Adjusted EBITDA margin.
- Appointed Jeri Williams, Graham Smith and Erika Ayers to board of directors.

## SEC filing metadata
- accession: 0001069183-23-000027
- form_type: 8-K
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000106918323000027/0001069183-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000106918323000027/axon-20230509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069183-23-000027
- JSON: https://secwatch.observer/filing/0001069183-23-000027.json
- Plain text: https://secwatch.observer/filing/0001069183-23-000027.txt

## Key facts
- Earnings Releases
  AXON ENTERPRISE, INC. reported full year 2023 results: revenue 22% revenue growth. Guidance raised.
  - Period: full year 2023
  - Revenue: 22% revenue growth
  - Guidance: raised
  - Result: guidance update
  source text: ● Raises full year outlook to 22% revenue growth, maintains 20% Adjusted EBITDA margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918323000027/0001069183-23-000027-index.htm
- Earnings Releases
  AXON ENTERPRISE, INC. reported Q1 2023 results: revenue $343 million, net income $45 million.
  - Period: Q1 2023
  - Revenue: $343 million
  - Net income: $45 million
  - Result: reported results
  source text: Axon reports Q1 2023 revenue of $343 million, up 34% YOY, raises outlook ● Axon Cloud revenue of $116 million up 51% year over year ● Annual Recurring Revenue grows 49% to $520 million ● Net income of $45 million supports Adjusted EBITDA of $65 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918323000027/0001069183-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
