Company / Cost of Revenue
Axon Enterprise Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$1.1B
FY2025
5-year range
$322.5M / $1.1B
FY2021-FY2025
Trend
+33.3%
vs FY2024
Sector context
#153 of 245
Industrials
What the data says
At $1.1B, Axon Enterprise's cost of revenue ranks #93 of 245 in the Industrials sector. Cost of Revenue has increased for 9 consecutive years, from $98M in FY2016 to $1.1B in FY2025.
Based on SEC 10-K filings.
$1.1B in FY2025 with a 5-year CAGR of +33.5%.
Increased from $605M to $1.1B over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +34.5%
- 5-Year CAGR
- +33.5%
- 10-Year CAGR
- -
Sector benchmark
#93 of 245 in IndustrialsTop 38% of 245This company $1.1B Sector average $4.3B
▼
-74.2% below sector average
Key checks
Key Insights
- Axon Enterprise's cost of revenue has grown for 9 consecutive years.
- 5-year CAGR of +33.5%, indicating consistent growth.
- In FY2025, cost of revenue increased 33.3% year-over-year.
- Ranks #153 out of 245 companies in the Industrials sector.
Company context
Key Data Points
- Altman Z-Score 1.07 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.1B | +33.3% |
| FY2024 | $841.1M | +39.0% |
| FY2023 | $605.2M | +31.3% |
| FY2022 | $461.0M | +43.0% |
| FY2021 | $322.5M | +21.8% |
| FY2020 | $264.7M | +18.4% |
| FY2019 | $223.6M | +38.4% |
| FY2018 | $161.5M | +18.1% |
| FY2017 | $136.7M | +39.9% |
| FY2016 | $97.7M | +41.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026