Axon 2023 Revenue Grows 31% to $1.56 Billion
Axon delivered annual revenue of $1.56 billion and net income of $174 million in 2023.
- Axon delivered annual revenue of $1.56 billion and net income of $174 million in 2023.
- Axon continues to grow our research and development ("R&D") footprint to invest in several multi-year growth opportunities, and our R&D expenses grew roughly in-line with revenue.
- 2023 revenue and Adjusted EBITDA margin exceeded our expectations and reflect record performance for our company.
- — Rick Smith, Axon Founder and CEO
Following the launch of TASER 10 in January 2023, we introduced Axon Body 4 in April 2023, which has quickly become our fastest selling body camera product to date.