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Axon Enterprise (AXON) Research & Development (2016 - 2025)

Axon Enterprise has reported Research & Development over the past 16 years, most recently at $194.0 million for Q4 2025.

  • Quarterly results put Research & Development at $194.0 million for Q4 2025, up 44.17% from a year ago — trailing twelve months through Dec 2025 was $684.3 million (up 54.96% YoY), and the annual figure for FY2025 was $684.3 million, up 54.96%.
  • Research & Development for Q4 2025 was $194.0 million at Axon Enterprise, up from $176.7 million in the prior quarter.
  • Over the last five years, Research & Development for AXON hit a ceiling of $194.0 million in Q4 2025 and a floor of $42.4 million in Q3 2021.
  • Median Research & Development over the past 5 years was $74.4 million (2023), compared with a mean of $92.9 million.
  • Biggest five-year swings in Research & Development: surged 82.52% in 2021 and later rose 2.97% in 2022.
  • Axon Enterprise's Research & Development stood at $50.6 million in 2021, then skyrocketed by 35.68% to $68.7 million in 2022, then increased by 22.17% to $84.0 million in 2023, then soared by 60.32% to $134.6 million in 2024, then surged by 44.17% to $194.0 million in 2025.
  • The last three reported values for Research & Development were $194.0 million (Q4 2025), $176.7 million (Q3 2025), and $162.6 million (Q2 2025) per Business Quant data.