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Sankey diagram of Axon Enterprise, Inc.. A complete text table follows the diagram.
TASERs, cameras, and platform hardware embed the workflow; the connected software layer then earns a 72% gross margin over long public-safety contracts.
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All displayed amounts are reported quarterly product, segment cost, or segment gross-margin values. Remaining performance obligations are a contracted future-revenue measure disclosed in the filing and are shown only as an annotation, not mixed into current-quarter Sankey flows.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| TASER | 1 | $233M | Energy devices and cartridges |
| Personal sensors | 1 | $109M | Body cameras and sensors |
| Platform solutions | 1 | $111M | Drones, robotics and newer devices |
| Software and services | 1 | $355M | Evidence, records and real-time operations |
| Connected Devices | 2 | $453M | 56% of quarterly sales |
| Software and Services | 2 | $355M | 44% of quarterly sales |
| Device cost of sales | 3 | $232M | Hardware manufacturing and fulfillment |
| Device gross margin | 3 | $221M | 48.7% segment gross margin |
| Service cost of sales | 3 | $97.9M | Cloud hosting and service delivery |
| Software gross margin | 3 | $257M | 72.4% segment gross margin |
| Total gross profit | 4 | $477M | 59.1% blended gross margin |
| From | To | Value |
|---|---|---|
| TASER | Connected Devices | $233M |
| Personal sensors | Connected Devices | $109M |
| Platform solutions | Connected Devices | $111M |
| Software and services | Software and Services | $355M |
| Connected Devices | Device cost of sales | $232M |
| Connected Devices | Device gross margin | $221M |
| Software and Services | Service cost of sales | $97.9M |
| Software and Services | Software gross margin | $257M |
| Device gross margin | Total gross profit | $221M |
| Software gross margin | Total gross profit | $257M |