Revenues (Tables)
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12 Months Ended |
Dec. 31, 2024 |
| Revenue from Contract with Customer [Abstract] |
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| Schedule of Revenue by Product and Service Offering and Geography |
The following table presents our revenues by primary product and service offering and reportable segment (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2024 | | Year Ended December 31, 2023 | | TASER | | Software and Sensors | | Total | | TASER | | Software and Sensors | | Total | | TASER Devices (Professional) | $ | 453,055 | | $ | — | | $ | 453,055 | | $ | 333,923 | | $ | — | | $ | 333,923 | | Cartridges | 246,766 | | — | | 246,766 | | 193,285 | | — | | 193,285 | | Axon Evidence and Cloud Services | 54,913 | | 808,256 | | 863,169 | | 35,680 | | 566,003 | | 601,683 | | Extended Warranties | 37,515 | | 66,141 | | 103,656 | | 31,689 | | 55,154 | | 86,843 | | Axon Body Cameras and Accessories | — | | 246,855 | | 246,855 | | — | | 183,023 | | 183,023 | | Axon Fleet Systems | — | | 104,890 | | 104,890 | | — | | 121,842 | | 121,842 | Other (1) (2) | 26,424 | | 37,711 | | 64,135 | | 18,933 | | 21,167 | | 40,100 | | Total | $ | 818,673 | | $ | 1,263,853 | | $ | 2,082,526 | | $ | 613,510 | | $ | 947,189 | | $ | 1,560,699 |
| | | | | | | | | | | | | | | | | | | Year Ended December 31, 2022 | | TASER | | Software and Sensors | | Total | | TASER Devices (Professional) | $ | 282,698 | | $ | — | | $ | 282,698 | | Cartridges | 181,686 | | — | | 181,686 | | Axon Evidence and Cloud Services | 18,182 | | 367,852 | | 386,034 | | Extended Warranties | 29,056 | | 45,507 | | 74,563 | | Axon Body Cameras and Accessories | — | | 157,281 | | 157,281 | | Axon Fleet Systems | — | | 63,017 | | 63,017 | Other (1) (2) | 19,422 | | 22,442 | | 41,864 | | Total | $ | 531,044 | | $ | 656,099 | | $ | 1,187,143 |
(1)TASER segment “Other” includes smaller categories, such as VR hardware, weapons training revenue such as revenue associated with our Master Instructor School, and TASER consumer device sales. (2)Software and Sensors segment “Other” includes revenue from items including Signal Sidearm, Interview Room, Axon Air, partners' contra-revenue and other sensors and equipment. The following table presents our revenues disaggregated by geography (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2024 | | 2023 | | 2022 | | United States | $ | 1,775,194 | | 85 | % | | $ | 1,335,516 | | 86 | % | | $ | 985,183 | | 83 | % | | Other countries | 307,332 | | 15 | | | 225,183 | | 14 | | | 201,960 | | 17 | | | Total | $ | 2,082,526 | | 100 | % | | $ | 1,560,699 | | 100 | % | | $ | 1,187,143 | | 100 | % |
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| Schedule of Contract with Customer, Assets and Liabilities |
The following table presents our contract assets, contract liabilities and certain information related to these balances as of and for the year ended December 31, 2024 (in thousands): | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2024 | | 2023 | | 2022 | | Contract assets, net | $ | 487,805 | | $ | 371,614 | | $ | 249,001 | | Contract liabilities (deferred revenue) | 973,640 | | 741,316 | | 593,038 | | Revenue recognized in the period from: | | | | | | | Amounts included in contract liabilities at the beginning of the period | 499,727 | | 357,979 | | 258,063 |
Contract liabilities (deferred revenue) consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | December 31, 2023 | | Current | | Long-Term | | Total | | Current | | Long-Term | | Total | | Warranty: | | | | | | | | | | | | | TASER | $ | 16,107 | | | $ | 19,288 | | | $ | 35,395 | | | $ | 14,666 | | | $ | 18,828 | | | $ | 33,494 | | | Software and Sensors | 36,842 | | | 19,706 | | | 56,548 | | | 22,642 | | | 8,165 | | | 30,807 | | | 52,949 | | | 38,994 | | | 91,943 | | | 37,308 | | | 26,993 | | | 64,301 | | | Hardware: | | | | | | | | | | | | | TASER | 49,195 | | | 35,116 | | | 84,311 | | | 35,845 | | | 29,689 | | | 65,534 | | | Software and Sensors | 89,992 | | | 144,191 | | | 234,183 | | | 63,299 | | | 117,024 | | | 180,323 | | | 139,187 | | | 179,307 | | | 318,494 | | | 99,144 | | | 146,713 | | | 245,857 | | | Services: | | | | | | | | | | | | | TASER | 9,635 | | | 6,134 | | | 15,769 | | | 7,832 | | | 3,983 | | | 11,815 | | | Software and Sensors | 411,184 | | | 136,250 | | | 547,434 | | | 326,131 | | | 93,212 | | | 419,343 | | | 420,819 | | | 142,384 | | | 563,203 | | | 333,963 | | | 97,195 | | | 431,158 | | | Total | $ | 612,955 | | | $ | 360,685 | | | $ | 973,640 | | | $ | 470,415 | | | $ | 270,901 | | | $ | 741,316 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | December 31, 2023 | | Current | | Long-Term | | Total | | Current | | Long-Term | | Total | | TASER | $ | 74,937 | | | $ | 60,538 | | | $ | 135,475 | | | $ | 58,343 | | | $ | 52,500 | | | $ | 110,843 | | | Software and Sensors | 538,018 | | | 300,147 | | | 838,165 | | | 412,072 | | | 218,401 | | | 630,473 | | | Total | $ | 612,955 | | | $ | 360,685 | | | $ | 973,640 | | | $ | 470,415 | | | $ | 270,901 | | | $ | 741,316 | |
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| Schedule Capitalized Contract Cost |
As of December 31, 2024, our assets for costs to obtain contracts were as follows (in thousands): | | | | | | | | | | | | | December 31, 2024 | | December 31, 2023 | Current deferred commissions (1) | $ | 59,025 | | $ | 46,224 | Deferred commissions, net of current portion (2) | 154,894 | | 119,084 | | $ | 213,919 | | $ | 165,308 |
(1)Current deferred commissions are included within prepaid expenses and other current assets on the consolidated balance sheets. (2)Deferred commissions, net of current portion, are included in other long-term assets on the consolidated balance sheets.
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