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AXON ENTERPRISE, INC. Total Operating Expenses 2009-2026 | AXON

Annual FY2009–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$1.72B

+45.4%YoY vs FY2024Source: 10-KFY2025

From $63.5M in FY2009 to $1.72B in FY2025: 27.1× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$448M+19.6%Not reportedNot reportedNot reported
FY25$375M+54.7%$405M+48.6%$429M+40.0%$511M+41.4%
FY24$242M+29.6%$272M+42.4%$307M+53.9%$362M+63.4%
FY23$187M+34.9%$191M+25.4%$199M+23.6%$221M+22.3%
FY22$139M−20.2%$153M−34.1%$161M+13.7%$181M+11.7%
Share22%25%24%29%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+31.9%

FY2020
$430.5M
FY2025
$1.72B

5 years selected · on the chart

Total Operating Expenses History

Year-over-year comparison from 10-K annual reports

  1. $1.72B
YoY changeLargest recent move+64.7%in FY21Latest +45.4%

Total Operating Expenses, period by period

PeriodValueChangeSource
FY2025$1.72B+45.4%10-K
FY2024$1.18B+48.1%10-K
FY2023$798.6M+26.1%10-K
FY2022$633.1M−10.7%10-K
FY2021$708.9M+64.7%10-K
FY2020$430.5M+37.2%10-K
FY2019$313.7M+34.2%10-K
FY2018$233.7M+20.4%10-K
FY2017$194.1M+39.9%10-K
FY2016$138.7M+48.6%10-K
FY2015$93.3M+35.2%10-K
FY2014$69.0M+19.3%10-K
FY2013$57.9M+28.1%10-K
FY2012$45.2M−18.5%10-K
FY2011$55.4M+9.8%10-K
FY2010$50.5M−20.4%10-K
FY2009$63.5M—10-K

What is total operating expenses?

Total operating expenses include all costs related to running the core business, including cost of goods sold, R&D, and SG&A.

What is AXON ENTERPRISE, INC.'s current total operating expenses?

AXON ENTERPRISE, INC. (AXON) annual total operating expenses for 2025 was $1.72B, a 45.43% increase from 2024. AXON ENTERPRISE, INC. total operating expenses for the quarter ending March 31, 2026 was $448.0M.

What was AXON ENTERPRISE, INC.'s total operating expenses in 2024?

AXON ENTERPRISE, INC. annual total operating expenses for 2024 was $1.18B, a 48.11% increase from 2023.

What was AXON ENTERPRISE, INC.'s total operating expenses in 2023?

AXON ENTERPRISE, INC. annual total operating expenses for 2023 was $798.6M, a 26.13% increase from 2022.

What is AXON ENTERPRISE, INC.'s 5-year total operating expenses CAGR?

AXON ENTERPRISE, INC. total operating expenses grew at a compound annual growth rate (CAGR) of 31.92% from FY2020 to FY2025, going from $430.5M to $1.72B over 5 years.

Company
AXON ENTERPRISE, INC.
Ticker
AXON
Sector
Other
Industry
Ordnance & Accessories, (No Vehicles/Guided Missiles)