R&D expense · 2011–2025
Axon Enterprise R&D expense
$684M+55.0% · FY2025
Axon Enterprise (AXON) reported $684M in R&D expense for fiscal 2025, +55.0% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $684M | +55.0% | Open → |
| FY20242024-12-31 | $442M | +45.4% | Open → |
| FY20232023-12-31 | $304M | +29.9% | Open → |
| FY20222022-12-31 | $234M | +20.5% | Open → |
| FY20212021-12-31 | $194M | +57.5% | Open → |
| FY20202020-12-31 | $123M | +22.3% | Open → |
| FY20192019-12-31 | $101M | +31.1% | Open → |
| FY20182018-12-31 | $76.9M | +38.8% | Open → |
| FY20172017-12-31 | $55.4M | +80.9% | Open → |
| FY20162016-12-31 | $30.6M | +29.6% | Open → |
| FY20152015-12-31 | $23.6M | +58.6% | Open → |
| FY20142014-12-31 | $14.9M | +50.5% | Open → |
| FY20132013-12-31 | $9.9M | +21.5% | Open → |
| FY20122012-12-31 | $8.1M | −18.5% | Open → |
| FY20112011-12-31 | $10.0M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +35.2%
R&D expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Axon Enterprise R&D expense |url=https://companiesranked.com/en/company/axon-enterprise/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Axon Enterprise R&D expense. CompaniesRanked. https://companiesranked.com/en/company/axon-enterprise/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-axon-enterprise-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{Axon Enterprise R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/axon-enterprise/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001628280-26-011360 · February 25, 2026
{{cite web |title=Axon Enterprise R&D expense — 10-K (0001628280-26-011360) |url=https://www.sec.gov/Archives/edgar/data/1069183/000162828026011360/axon-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-25}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.