Axon Enterprise Inc. (AXON)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 376,224 | 298,311 | 290,683 | 262,306 | 174,227 | 146,131 | 98,865 | 137,407 | 147,139 | 104,456 | 140,849 | 42,770 | -60,018 | -20,676 | -70,073 | -53,715 | -1,724 | -39,937 | -32,960 | -1,463 |
| Revenue (ttm) | US$ in thousands | 2,084,254 | 1,941,251 | 1,810,578 | 1,681,084 | 1,563,391 | 1,467,391 | 1,365,544 | 1,276,552 | 1,189,935 | 1,071,371 | 991,606 | 924,788 | 863,381 | 871,943 | 806,396 | 728,860 | 681,003 | 626,714 | 591,109 | 562,212 |
| Net profit margin | 18.05% | 15.37% | 16.05% | 15.60% | 11.14% | 9.96% | 7.24% | 10.76% | 12.37% | 9.75% | 14.20% | 4.62% | -6.95% | -2.37% | -8.69% | -7.37% | -0.25% | -6.37% | -5.58% | -0.26% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $376,224K ÷ $2,084,254K
= 18.05%
Net profit margin is an important financial metric that reflects the profitability of a company by indicating the proportion of each dollar of revenue that translates into profit after all expenses have been deducted. For Axon Enterprise Inc., the net profit margin fluctuated significantly over the reported periods:
- The company experienced negative net profit margins from March 2020 to June 2022, indicating that expenses exceeded revenue during these periods.
- The net profit margin showed a notable improvement starting from March 2022, turning positive and steadily increasing over the subsequent quarters until December 2024.
- The net profit margin reached its peak at 18.05% by December 31, 2024, suggesting that Axon Enterprise Inc. was able to effectively control expenses and generate a higher profit relative to its revenue.
Overall, the positive trend in the net profit margin from March 2022 to December 2024 signifies improvements in the company's operational efficiency and financial performance, potentially indicating enhanced profitability and effective cost management strategies.
Peer comparison
Dec 31, 2024