Axon Enterprise (AXON) Revenue — Quarter Ended Sep 30, 2023
The company reported higher revenue for the reported quarter. Both sequential and year-over-year comparisons showed increases.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
The company reported higher revenue for the reported quarter. Both sequential and year-over-year comparisons showed increases.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$412.7M
Revenue reported for this quarter.
Quarter-over-quarter
+10.5%
Change from the immediately preceding quarter.
Year-over-year
+32.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
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 |
|---|---|---|
| Dec 31, 2022 | $333.4M | +51.6% |
| Mar 31, 2023 | $344.3M | +34.3% |
| Jun 30, 2023 | $373.3M | +30.7% |
| Sep 30, 2023 | $412.7M | +32.4% |
Revenue performance
Revenue for the reported quarter increased compared to the prior quarter. Year-over-year revenue also grew.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a sequential increase. When measured against the same quarter one year earlier, revenue also rose.
What to watch
The company reported an increase in cash and cash equivalents compared to the end of the previous year.