---
schema_version: "secwatch.filing_event.v1"
accession: "0001069183-24-000003"
form_type: "8-K"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T10:34:19.338971+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Axon FY2023 revenue $1.56B (+31%), net income $174M; guides FY2024 rev $1.88-1.94B

## Summary
- FY2023 revenue $1.56B (+31% YoY); net income $174M; Adjusted EBITDA $329M.
- Axon Cloud & Services revenue $561M (+52%); ARR $697M (+47%).
- FY2024 revenue guidance $1.88-1.94B (20-24% growth); Adj. EBITDA $410-430M.
- Acquired Sky-Hero and Fusus; total TAM expanded to $63B.
- Dismissed Grant Thornton as auditor; appointed PwC; material weakness in revenue recognition controls.

## SEC filing metadata
- accession: 0001069183-24-000003
- form_type: 8-K
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/0001069183-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/axon-20240226x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069183-24-000003
- JSON: https://secwatch.observer/filing/0001069183-24-000003.json
- Plain text: https://secwatch.observer/filing/0001069183-24-000003.txt

## Key facts
- Auditor Changes
  AXON ENTERPRISE, INC. engaged PricewaterhouseCoopers LLP as its auditor.
  - Action: engagement
  - Auditor: PricewaterhouseCoopers LLP
  source text: the Audit Committee approved the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm, effective following the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/0001069183-24-000003-index.htm
- Auditor Changes
  AXON ENTERPRISE, INC. dismissed Grant Thornton LLP as its auditor.
  - Action: dismissal
  - Auditor: Grant Thornton LLP
  - Successor: PricewaterhouseCoopers LLP
  source text: the Audit Committee approved the dismissal of Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm, effective immediately following completion of their engagement for the year ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/0001069183-24-000003-index.htm
- Earnings Releases
  AXON ENTERPRISE, INC. reported Full Year 2024 results: revenue $1.88 billion to $1.94 billion. Guidance initiated.
  - Period: Full Year 2024
  - Revenue: $1.88 billion to $1.94 billion
  - Guidance: initiated
  - Result: guidance update
  source text: Company projects Full Year 2024 revenue of $1.88 billion to $1.94 billion, representing 20% to 24% annual growth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/0001069183-24-000003-index.htm
- Earnings Releases
  AXON ENTERPRISE, INC. reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $1.56 billion, net income $174 million. Guidance raised.
  - Period: fourth quarter and fiscal year ended December 31, 2023
  - Revenue: $1.56 billion
  - Net income: $174 million
  - Guidance: raised
  - Result: reported results
  source text: IR@axon.com ​ Axon 2023 Revenue Grows 31% to $1.56 Billion ​ ● Axon Cloud and Services revenue grows 52% to $561 million ● Annual recurring revenue grows 47% to $697 million ● Annual net income of $174 million supports Adjusted EBITDA of $329 million ● Company projects Full Year 2024 revenue of $1.88 billion to $1.94 billion, representing 20% to 24% annual growth ​ Fellow shareholders, ​ Axon is delighted to deliver another year of record company performance, fueled by product innovation, partnership with our customers and strong industry trends.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/0001069183-24-000003-index.htm

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