secwatch.observer — SEC 8-K summary
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Issuer:     AXON ENTERPRISE, INC. (AXON)
CIK:        0001069183
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001069183-24-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axon Q2 revenue $504M (+35% YoY), raises FY outlook to $2.00-$2.05B
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- Q2 revenue $504M (+34.6% YoY); net income $41M ($0.53 EPS); non-GAAP net income $93M ($1.20 EPS).
- Axon Cloud & Services rev $195M (+47% YoY); annual recurring revenue $850M (+44%).
- TASER 10 surpasses 100K units; Axon Body 4 surpasses 200K units; TASER rev +28%, Sensors & Other +28%.
- FY revenue guidance raised to $2.00B-$2.05B (~29.5% growth); Adj. EBITDA margin ~23.1%.
- Adj. EBITDA $123M (24.5% margin, +51% YoY); cash & investments $969M, net cash $279M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069183/000106918324000047/0001069183-24-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069183/000106918324000047/axon-20240806x8k.htm
  HTML page:      https://secwatch.observer/filing/0001069183-24-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer