Axon Enterprise, Inc.AXONNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+38.7%
5Y CAGR+38.3%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+38.7%/yr
vs +32.1%/yr prior
5Y CAGR
+38.3%/yr
Consistent
Acceleration
+6.7pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
5.1x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
TTM$624.26M+41.4%
2024$441.59M+45.4%
2023$303.72M+29.9%
2022$233.81M+20.5%
2021$194.03M+57.5%
2020$123.19M+22.3%
2019$100.72M+31.1%
2018$76.86M+38.8%
2017$55.37M+80.9%
2016$30.61M-