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AXON

Axon Enterprise, Inc.

Stock

$413.35−8.86 (−2.10%)Close Oct 2, 2026

Research and development, 2025
$684M
YoY, 2025
+55.0%
5-year CAGR
+40.9%
10-year CAGR
+40.0%

Research and development

Research and development by fiscal year

PeriodR&DYoY
2025$684M+55.0%
2024$442M+45.4%
2023$304M+29.9%
2022$234M+20.5%
2021$194M+57.5%
2020$123M+22.3%
2019$101M+31.1%
2018$77M+38.8%
2017$55M+80.9%
2016$31M+29.6%
2015$24M+58.6%
2014$15M+50.5%
2013$9.9M+21.5%
2012$8.1M−18.5%
2011$10.0M−12.5%
2010$11M−42.9%
2009$20M—