Reported about 11 hours ago
Axon Enterprise, Inc. (AXON) has shown impressive growth, with Q2 2025 revenue rising 33% to $669 million and annual recurring revenue climbing 39% to $1.2 billion, indicating a solid shift toward a SaaS model in public safety. This transformation has not only improved profitability but also expanded market presence, particularly with the growing demand for its software and devices. With a $10.7 billion backlog and plans for continued expansion, some analysts predict that Axon could achieve revenues of $5-6 billion by 2028, leveraging its unique ecosystem and addressable market potential.
Source: YAHOO