---
schema_version: "secwatch.filing_event.v1"
accession: "0001069183-24-000029"
form_type: "8-K"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:40:18.989751+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Axon Q1 revenue $461M (+34% YoY); raises FY outlook to $1.94-1.99B; to acquire Dedrone

## Summary
- Q1 revenue $461M (+34% YoY); Axon Cloud & Services revenue $176M (+52% YoY).
- Net income $133M (28.9% margin); non-GAAP net income $89M; adjusted EBITDA $109M (+67% YoY).
- Annual recurring revenue grew 50% to $825M; net revenue retention 122%.
- Raises FY2024 revenue outlook to $1.94-1.99B (from $1.88-1.94B) and raises Adjusted EBITDA expectations.
- Agreed to acquire Dedrone, expanding TAM by ~$14B to $77B; expected close H2 2024.

## SEC filing metadata
- accession: 0001069183-24-000029
- form_type: 8-K
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000029/0001069183-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000106918324000029/axon-20240506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069183-24-000029
- JSON: https://secwatch.observer/filing/0001069183-24-000029.json
- Plain text: https://secwatch.observer/filing/0001069183-24-000029.txt

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