Axon shares soar 12.7% as Q4 results top estimates, 2025 outlook strong

Published 25/02/2025, 23:16
Axon shares soar 12.7% as Q4 results top estimates, 2025 outlook strong

NEW YORK - Axon Enterprise Inc. (NASDAQ:AXON) shares surged 12.7% in after-hours trading on Monday after the law enforcement technology company reported fourth-quarter results that beat analyst expectations and provided an upbeat outlook for 2025.

The Scottsdale, Arizona-based company posted adjusted earnings per share of $2.08, significantly above the $1.40 consensus estimate. Revenue rose 34% YoY to $575 million, surpassing analysts’ projections of $566.8 million.

Axon’s cloud and services segment was a key driver, with revenue jumping 41% YoY to $230.3 million. The company’s TASER segment also saw strong growth, with revenue up 37% to $221.2 million.

"Axon is proud to report the closing of an evolutionary year defined by innovative product leadership, deep customer collaboration and unwavering commitment to our mission of protecting life," said Rick Smith, CEO and Founder of Axon.

For the full year 2025, Axon expects revenue between $2.55 billion and $2.65 billion, representing approximately 25% annual growth at the midpoint. This outlook surpassed the Wall Street consensus of $2.56 billion.

The company also reported that its annual recurring revenue grew 37% YoY to $1.0 billion, while its future contracted bookings increased 42% YoY to $10.1 billion.

Axon’s strong performance and optimistic guidance reflect the company’s continued expansion in the law enforcement technology market and its successful diversification into new product areas.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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