Axon reports 2024 revenue up 33% to $2.1 billion and guides 2025 revenue to $2.55B-$2.65B
Axon reported fourth-quarter and full-year 2024 results in a shareholder letter filed February 25, 2025, showing revenue of $2.1 billion for the year, up 33%, and Q4 net income of $135 million. The company set 2025 revenue guidance of $2.55 billion to $2.65 billion and Adjusted EBITDA guidance of $640 million to $670 million, which shareholders will weigh against a Q4 operating loss of $16 million driven by stock-based compensation.
Key points
- Full-year 2024 revenue grew 33% to $2.1 billion; Q4 revenue was $575 million, up 34% year over year
- Q4 net income was $135 million, or $1.67 per diluted share; operating loss was $16 million, driven by $131 million of stock-based compensation
- 2025 guidance: revenue of $2.55 billion to $2.65 billion and Adjusted EBITDA of $640 million to $670 million
- Sensors & Other gross margin fell to 32.8% from 46.9% year over year; Sensors & Other revenue grew 18%
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.