Axon Enterprise (AXON) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to the prior quarter and rose significantly from the same quarter a year earlier. The sequential growth continued a trend of quarterly improvements, maintaining an upward trajectory.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to the prior quarter and rose significantly from the same quarter a year earlier. The sequential growth continued a trend of quarterly improvements, maintaining an upward trajectory.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$373.3M
Revenue reported for this quarter.
Quarter-over-quarter
+8.4%
Change from the immediately preceding quarter.
Year-over-year
+30.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $311.8M | +34.4% |
| Dec 31, 2022 | $333.4M | +51.6% |
| Mar 31, 2023 | $344.3M | +34.3% |
| Jun 30, 2023 | $373.3M | +30.7% |
Revenue performance
The reported revenue moved higher than the preceding quarter and showed a strong gain against the same period one year prior. This represents a continuation of positive revenue momentum.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased, and when measured against the same quarter one year ago, revenue was substantially higher. These comparisons indicate sustained expansion.
What to watch
With revenue expanding both sequentially and year over year, monitor whether this growth rate is maintained in upcoming quarters.