earnings
confidence high
sentiment positive
materiality 0.80
Axon Q3 revenue $544M (+32% YoY), raises FY outlook to ~$2.07B; Adj. EBITDA margin 26.7%
AXON ENTERPRISE, INC.
2024-Q3 EPS reported
$3.12
revenue$1,507,381,000
- Revenue $544M (+32% YoY); TASER $222M (+36%), Cloud & Services $203M (+36%), Sensors $120M (+18%).
- Net income $67M ($0.86 diluted EPS); non-GAAP net income $113M ($1.45 EPS); Adj. EBITDA $145M (26.7% margin, highest in 3+ years).
- Raises full-year revenue outlook to ~$2.07B (32% growth); Q4 revenue guidance $560-570M.
- Annual recurring revenue $885M (+36%); net revenue retention 123%.
- Introduces AI Era Plan subscription; closes Dedrone acquisition; FAA BVLOS waiver for Campbell PD DFR program.