Growth Metrics

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

Historic Research & Development for Axon Enterprise (AXON) over the last 17 years, with Q3 2025 value amounting to $176.7 million.

  • Axon Enterprise's Research & Development rose 5433.14% to $176.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $624.9 million, marking a year-over-year increase of 5981.79%. This contributed to the annual value of $441.6 million for FY2024, which is 4539.76% up from last year.
  • According to the latest figures from Q3 2025, Axon Enterprise's Research & Development is $176.7 million, which was up 5433.14% from $162.6 million recorded in Q2 2025.
  • In the past 5 years, Axon Enterprise's Research & Development registered a high of $176.7 million during Q3 2025, and its lowest value of $42.4 million during Q3 2021.
  • For the 5-year period, Axon Enterprise's Research & Development averaged around $87.5 million, with its median value being $71.9 million (2023).
  • As far as peak fluctuations go, Axon Enterprise's Research & Development surged by 8251.69% in 2021, and later skyrocketed by 297.33% in 2022.
  • Axon Enterprise's Research & Development (Quarter) stood at $50.7 million in 2021, then skyrocketed by 35.61% to $68.7 million in 2022, then grew by 22.19% to $84.0 million in 2023, then skyrocketed by 60.28% to $134.6 million in 2024, then surged by 31.27% to $176.7 million in 2025.
  • Its Research & Development was $176.7 million in Q3 2025, compared to $162.6 million in Q2 2025 and $151.0 million in Q1 2025.