Axon Enterprise (AXON) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased from the prior quarter. Compared to the same quarter a year ago, revenue also rose.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q3
Revenue for the quarter increased from the prior quarter. Compared to the same quarter a year ago, revenue also rose.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$430.4M
Revenue reported for this quarter.
Quarter-over-quarter
+4.3%
Change from the immediately preceding quarter.
Year-over-year
+4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.6B
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 |
|---|---|---|
| Mar 31, 2023 | $344.3M | +34.3% |
| Jun 30, 2023 | $373.3M | +30.7% |
| Sep 30, 2023 | $412.7M | +32.4% |
| Dec 31, 2023 | $430.4M | +4.3% |
Revenue performance
Revenue was higher than the previous quarter's reported figure, continuing the recent upward trajectory.
Quarterly comparison
The current quarter revenue exceeded both the immediately preceding quarter and the same quarter one year earlier. The year-over-year increase matched the sequential increase.
What to watch
The deceleration in year-over-year growth rate relative to earlier quarters may warrant monitoring.