Axon Enterprise Inc. (AXON)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 58,380 | 116,944 | 147,976 | 154,461 | 154,789 | 134,521 | 111,515 | 92,667 | 93,253 | 43,646 | 14,429 | -100,667 | -168,123 | -135,282 | -143,621 | -63,612 | -14,150 | -34,311 | -22,246 | -9,865 |
| 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 |
| Operating profit margin | 2.80% | 6.02% | 8.17% | 9.19% | 9.90% | 9.17% | 8.17% | 7.26% | 7.84% | 4.07% | 1.46% | -10.89% | -19.47% | -15.52% | -17.81% | -8.73% | -2.08% | -5.47% | -3.76% | -1.75% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $58,380K ÷ $2,084,254K
= 2.80%
The operating profit margin of Axon Enterprise Inc. has shown a volatile trend over the period from March 31, 2020, to December 31, 2024. During the initial period, the company experienced negative operating profit margins, indicating that its operating expenses exceeded its gross profit.
However, from June 30, 2022, to December 31, 2024, the operating profit margin consistently improved, suggesting that the company effectively managed its operating expenses and/or increased its gross profit margin. Notably, the company achieved positive operating profit margins from June 30, 2022, onward, indicating that it generated sufficient operating income to cover its operating expenses.
The peak operating profit margin of 9.90% was recorded on December 31, 2023, and the margin remained relatively stable above 6% until December 31, 2024. This consistent improvement in operating profit margin reflects positively on Axon Enterprise Inc.'s operational efficiency and profitability performance during the latter part of the analyzed period.
Peer comparison
Dec 31, 2024
See also:
Axon Enterprise Inc. Operating Profit Margin (Quarterly Data)