01—History
R&D Expense History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $684.3M
02—Ledger
R&D Expense, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $684.3M | +55.0% | 10-K | |
| FY2024 | $441.6M | +45.4% | 10-K | |
| FY2023 | $303.7M | +29.9% | 10-K | |
| FY2022 | $233.8M | +20.5% | 10-K | |
| FY2021 | $194.0M | +57.5% | 10-K | |
| FY2020 | $123.2M | +22.3% | 10-K | |
| FY2019 | $100.7M | +31.1% | 10-K | |
| FY2018 | $76.9M | +38.8% | 10-K | |
| FY2017 | $55.4M | +80.9% | 10-K | |
| FY2016 | $30.6M | +29.6% | 10-K | |
| FY2015 | $23.6M | +58.6% | 10-K | |
| FY2014 | $14.9M | +50.5% | 10-K | |
| FY2013 | $9.9M | +21.5% | 10-K | |
| FY2012 | $8.1M | −18.5% | 10-K | |
| FY2011 | $10.0M | −12.5% | 10-K | |
| FY2010 | $11.4M | −42.9% | 10-K | |
| FY2009 | $20.0M | — | 10-K |
03—Questions
What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is AXON ENTERPRISE, INC.'s current r&d expense?
AXON ENTERPRISE, INC. (AXON) annual r&d expense for 2025 was $684.3M, a 54.96% increase from 2024. AXON ENTERPRISE, INC. r&d expense for the quarter ending March 31, 2026 was $188.9M.
What was AXON ENTERPRISE, INC.'s r&d expense in 2024?
AXON ENTERPRISE, INC. annual r&d expense for 2024 was $441.6M, a 45.40% increase from 2023.
What was AXON ENTERPRISE, INC.'s r&d expense in 2023?
AXON ENTERPRISE, INC. annual r&d expense for 2023 was $303.7M, a 29.90% increase from 2022.
What is AXON ENTERPRISE, INC.'s 5-year r&d expense CAGR?
AXON ENTERPRISE, INC. r&d expense grew at a compound annual growth rate (CAGR) of 40.91% from FY2020 to FY2025, going from $123.2M to $684.3M over 5 years.
- Company
- AXON ENTERPRISE, INC.
- Ticker
- AXON
- Sector
- Other
- Industry
- Ordnance & Accessories, (No Vehicles/Guided Missiles)