Software & Services was Axon Enterprise’s largest segment in fiscal 2025, bringing in $2.41B of $4.23B (57%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2016 | FY 2017 | FY 2018 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Software & Services | $1.19B | $1.72B | $2.41B | |||||||
| Connected Devices | $1.15B | $1.50B | $1.83B | |||||||
| Taser Weapons | — | — | — | |||||||
| Taser | — | — | — | |||||||
| Cew | — | — | — | |||||||
| Software & Sensors | — | — | — | |||||||
| Axon | — | — | — | |||||||
| Evidence.Com &Amp; Video | — | — | — | |||||||
| Video | — | — | — | |||||||
| Total | $2.34B | $3.22B | $4.23B |
Axon Enterprise brought in $4.23B from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $7.96B it reports by product and service, so these segments do not cover all of its revenue. Software & Services was the largest at $2.41B (56.8%), ahead of Connected Devices at $1.83B (43.2%).
Compared with fiscal 2024, Software & Services grew 39.6% to $2.41B and Connected Devices grew 21.8% to $1.83B.
Software & Services was Axon Enterprise’s largest product and service line in fiscal 2025, bringing in $2.41B of $7.96B (30%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2023 | FY 2023 | FY 2023 | FY 2023 | FY 2024 | FY 2024 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Software & Services | — | — | — | $1.19B | — | — | $1.72B | $2.41B | |||
| Taser Devices | — | — | — | $1.15B | — | — | $1.50B | $1.83B | |||
| Net Sales From Services | $247.31M | $282.26M | $314.32M | $1.19B | $377.38M | $417.83M | $1.72B | $2.41B | |||
| Service | — | — | — | — | — | — | — | — | |||
| Personal Sensors | — | — | — | $485.25M | — | — | $633.88M | $794.07M | |||
| Net Sales From Products | $438.78M | $467.38M | $512.89M | — | $544.10M | $590.37M | — | — | |||
| Product | — | — | — | — | — | — | — | — | |||
| Platform Solutions | — | — | — | $296.44M | — | — | $308.43M | $531.89M | |||
| Total | $686.09M | $749.64M | $827.20M | $4.31B | $921.47M | $1.01B | $5.89B | $7.96B |
Axon Enterprise brought in $7.96B from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 35.3% from $5.89B in fiscal 2024. Software & Services was the largest at $2.41B (30.2%), ahead of Net Sales From Services at $2.41B (30.2%) and Taser Devices at $1.83B (22.9%). The other two lines brought in $1.33B combined.
Compared with fiscal 2024, Platform Solutions grew fastest, up 72.5% to $531.89M. Every line above 2% of revenue grew.
Axon Enterprise stopped reporting Net Sales From Products as a separate line after fiscal 2024, when it brought in $590.37M.
United States was Axon Enterprise’s largest region in fiscal 2025, bringing in $4.61B of $5.56B (83%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.97B | $2.67B | $3.55B | $4.61B | |||||||||||
| Other Countries | $403.92M | $450.37M | $614.66M | $949.05M | |||||||||||
| Total | $2.37B | $3.12B | $4.17B | $5.56B |
Axon Enterprise brought in $5.56B from its two regions in fiscal 2025, the year ended December 31, 2025. That is less than the $7.96B it reports by product and service, so these regions do not cover all of its revenue. United States was the largest at $4.61B (82.9%), ahead of Other Countries at $949.05M (17.1%).
Compared with fiscal 2024, Other Countries grew 54.4% to $949.05M and United States grew 29.8% to $4.61B.
Axon Enterprise (AXON) reports its revenue by segment, by product and service and by geography. In fiscal 2025, Software & Services was its largest segment, bringing in $2.41B (56.8% of the total), followed by Connected Devices at $1.83B (43.2%).
Software & Services was Axon Enterprise's largest segment in fiscal 2025, bringing in $2.41B, or 56.8% of the $4.23B total across its two segments.
Software & Services was Axon Enterprise's largest product and service line in fiscal 2025, bringing in $2.41B, or 30.2% of the $7.96B total across its five product and service lines.
United States was Axon Enterprise's largest region in fiscal 2025, bringing in $4.61B, or 82.9% of the $5.56B total across its two regions.
Software & Services grew faster than Connected Devices in fiscal 2025, up 39.6% from $1.72B to $2.41B. Connected Devices grew 21.8% to $1.83B.
Every figure comes from Axon Enterprise's annual financial filings, as reported. Each line keeps the name Axon Enterprise gives it, and years follow its fiscal calendar.
Axon Enterprise's revenue by segment goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.