Axon Enterprise annual r&d spending
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Axon Enterprise R&D Spending Growth & History (AXON)
Axon Enterprise's r&d spending was $684.3M for fiscal 2025.
View full Axon Enterprise company overviewAxon Enterprise annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $684.3M | $242.7M | +54.96% |
| 2024 | 2024-12-31 | $441.6M | $137.9M | +45.40% |
| 2023 | 2023-12-31 | $303.7M | $69.9M | +29.90% |
| 2022 | 2022-12-31 | $233.8M | $39.8M | +20.50% |
| 2021 | 2021-12-31 | $194.0M | $70.8M | +57.50% |
| 2020 | 2020-12-31 | $123.2M | $22.5M | +22.31% |
| 2019 | 2019-12-31 | $100.7M | $23.9M | +31.05% |
| 2018 | 2018-12-31 | $76.9M | $21.5M | +38.80% |
| 2017 | 2017-12-31 | $55.4M | $24.8M | +80.90% |
| 2016 | 2016-12-31 | $30.6M | $7.0M | +29.62% |
| 2015 | 2015-12-31 | $23.6M | $8.7M | +58.64% |
| 2014 | 2014-12-31 | $14.9M | $5.0M | +50.54% |
| 2013 | 2013-12-31 | $9.9M | $1.7M | +21.49% |
| 2012 | 2012-12-31 | $8.1M | −$1.9M | −18.52% |
| 2011 | 2011-12-31 | $10.0M | −$1.4M | −12.47% |
| 2010 | 2010-12-31 | $11.4M | −$8.6M | −42.95% |
| 2009 | 2009-12-31 | $20.0M | — | — |
Axon Enterprise quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $208.7M | $46.1M | +28.37% |
| Q1 2026 | 2026-03-31 | $188.9M | $37.9M | +25.11% |
| Q4 2025 | 2025-12-31 | $194.0M | $59.5M | +44.18% |
| Q3 2025 | 2025-09-30 | $176.7M | $62.2M | +54.33% |
| Q2 2025 | 2025-06-30 | $162.6M | $61.1M | +60.27% |
| Q1 2025 | 2025-03-31 | $151.0M | $59.9M | +65.78% |
| Q4 2024 | 2024-12-31 | $134.6M | $50.6M | +60.27% |
| Q3 2024 | 2024-09-30 | $114.5M | $37.6M | +48.90% |
| Q2 2024 | 2024-06-30 | $101.4M | $29.5M | +41.00% |
| Q1 2024 | 2024-03-31 | $91.1M | $20.2M | +28.44% |
| Q4 2023 | 2023-12-31 | $84.0M | $15.3M | +22.19% |
| Q3 2023 | 2023-09-30 | $76.9M | $17.8M | +30.03% |
| Q2 2023 | 2023-06-30 | $71.9M | $14.4M | +25.01% |
| Q1 2023 | 2023-03-31 | $70.9M | $22.5M | +46.49% |
| Q4 2022 | 2022-12-31 | $68.7M | $18.0M | +35.61% |
| Q3 2022 | 2022-09-30 | $59.1M | $16.7M | +39.51% |
| Q2 2022 | 2022-06-30 | $57.5M | $3.6M | +6.66% |
| Q1 2022 | 2022-03-31 | $48.4M | $1.4M | +2.97% |
| Q4 2021 | 2021-12-31 | $50.7M | $12.7M | +33.32% |
| Q3 2021 | 2021-09-30 | $42.4M | $13.1M | +44.92% |
| Q2 2021 | 2021-06-30 | $54.0M | $24.4M | +82.52% |
| Q1 2021 | 2021-03-31 | $47.0M | $20.6M | +78.23% |
| Q4 2020 | 2020-12-31 | $38.0M | $9.3M | +32.22% |
| Q3 2020 | 2020-09-30 | $29.2M | $4.1M | +16.38% |
| Q2 2020 | 2020-06-30 | $29.6M | $6.1M | +25.82% |
| Q1 2020 | 2020-03-31 | $26.4M | $3.0M | +12.96% |
| Q4 2019 | 2019-12-31 | $28.7M | $7.5M | +35.25% |
| Q3 2019 | 2019-09-30 | $25.1M | $3.1M | +14.32% |
| Q2 2019 | 2019-06-30 | $23.5M | $5.0M | +26.98% |
| Q1 2019 | 2019-03-31 | $23.4M | $8.2M | +54.47% |
| Q4 2018 | 2018-12-31 | $21.3M | $5.5M | +34.90% |
| Q3 2018 | 2018-09-30 | $22.0M | $7.8M | +55.17% |
| Q2 2018 | 2018-06-30 | $18.5M | $5.5M | +42.44% |
| Q1 2018 | 2018-03-31 | $15.1M | $2.7M | +21.31% |
| Q4 2017 | 2017-12-31 | $15.8M | $6.1M | +63.88% |
| Q3 2017 | 2017-09-30 | $14.2M | $6.8M | +92.53% |
| Q2 2017 | 2017-06-30 | $13.0M | $6.3M | +93.58% |
| Q1 2017 | 2017-03-31 | $12.5M | $5.5M | +79.92% |
| Q4 2016 | 2016-12-31 | $9.6M | $3.0M | +45.18% |
| Q3 2016 | 2016-09-30 | $7.4M | $830,000 | +12.71% |
| Q2 2016 | 2016-06-30 | $6.7M | $804,000 | +13.61% |
| Q1 2016 | 2016-03-31 | $6.9M | $2.4M | +51.97% |
| Q4 2015 | 2015-12-31 | $6.6M | $2.6M | +62.90% |
| Q3 2015 | 2015-09-30 | $6.5M | $2.8M | +73.66% |
| Q2 2015 | 2015-06-30 | $5.9M | $2.5M | +70.94% |
| Q1 2015 | 2015-03-31 | $4.6M | $952,000 | +26.40% |
| Q4 2014 | 2014-12-31 | $4.1M | $621,000 | +18.03% |
| Q3 2014 | 2014-09-30 | $3.8M | $1.3M | +54.12% |
| Q2 2014 | 2014-06-30 | $3.5M | $1.5M | +73.44% |
| Q1 2014 | 2014-03-31 | $3.6M | $1.6M | +79.14% |
| Q4 2013 | 2013-12-31 | $3.4M | $1.5M | +73.74% |
| Q3 2013 | 2013-09-30 | $2.4M | $453,299 | +22.83% |
| Q2 2013 | 2013-06-30 | $2.0M | −$46,830 | −2.30% |
| Q1 2013 | 2013-03-31 | $2.0M | −$119,220 | −5.59% |
| Q4 2012 | 2012-12-31 | $2.0M | −$98,330 | −4.73% |
| Q3 2012 | 2012-09-30 | $2.0M | −$377,020 | −15.96% |
| Q2 2012 | 2012-06-30 | $2.0M | −$754,405 | −27.01% |
| Q1 2012 | 2012-03-31 | $2.1M | −$620,245 | −22.53% |
| Q4 2011 | 2011-12-31 | $2.1M | — | — |
| Q3 2011 | 2011-09-30 | $2.4M | $676,659 | +40.13% |
| Q2 2011 | 2011-06-30 | $2.8M | −$261,814 | −8.57% |
| Q1 2011 | 2011-03-31 | $2.8M | — | — |
| Q3 2010 | 2010-09-30 | $1.7M | — | — |
| Q2 2010 | 2010-06-30 | $3.1M | — | — |
Axon Enterprise r&d spending trends
Over the last five fiscal years, Axon Enterprise's r&d spending increased from $123.2M to $684.3M, a change of $561.1M. The latest reported quarter, Q2 2026, shows $208.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Axon Enterprise source filings ↗