Axon Enterprise, Inc. ( (AXON) ) has released its Q1 earnings. Here is a breakdown of the information Axon Enterprise, Inc. presented to its investors.
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Axon Enterprise, Inc., a leader in public safety technology, provides integrated hardware and cloud software solutions for law enforcement and other sectors. In its Q1 2025 earnings report, Axon announced a 31% increase in revenue to $604 million and raised its full-year revenue outlook. Key performance metrics included a net income of $88 million, an adjusted EBITDA of $155 million, and a 34% growth in annual recurring revenue to $1.1 billion. The Software & Services segment saw a 39% revenue increase, driven by strong demand for premium offerings. Axon also highlighted new product launches, such as Axon Vehicle Intelligence and Axon Assistant, which are expected to enhance its public safety solutions. Looking ahead, Axon anticipates continued growth, with a revised revenue forecast of $2.60 billion to $2.70 billion for 2025, reflecting confidence in its strategic initiatives and market demand.