Axon Enterprise Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $420.1M | $343.8M | $268.2M | $197.9M | $164.5M | $137.8M | $114.8M | $90.0M |
| TASER Segment | $253.1M | $234.5M | $202.6M | — | — | — | — | — |
| Software and Sensors Segment | $167.0M | $109.3M | $65.6M | — | — | — | — | — |
| Connected Devices Segment | — | — | — | — | — | — | — | — |
| Software and Services Segment | — | — | — | — | — | — | — | — |
| Cost of Revenue | $161.5M | $136.7M | $97.7M | $69.2M | $63.0M | $52.0M | $47.0M | $41.8M |
| Gross Profit | $258.6M | $207.1M | $170.5M | $128.6M | $101.5M | $85.8M | $67.7M | $44.5M |
| Gross Margin | 61.6% | 60.2% | 63.6% | 65.0% | 61.7% | 62.3% | 59.0% | 49.5% |
| Operating Expenses | ||||||||
| Research & Development | $76.9M | $55.4M | $30.6M | $23.6M | $14.9M | $9.9M | $8.1M | $10.0M |
| SG&A Expense | $156.9M | $138.7M | $108.1M | $69.7M | $54.2M | $46.6M | $39.2M | $38.0M |
| Operating Income | $24.8M | $13.0M | $31.9M | $35.3M | $32.5M | $27.9M | $22.5M | $-10.9M |
| Operating Margin | 5.9% | 3.8% | 11.9% | 17.9% | 19.8% | 20.3% | 19.6% | -12.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $28.1M | $15.8M | $31.5M | $35.4M | $32.3M | $28.0M | $22.6M | $-9.6M |
| Income Tax Expense | $-1.1M | $10.6M | $14.2M | $15.4M | $12.4M | $9.8M | $7.9M | $-2.6M |
| Net Income | $29.2M | $5.2M | $17.3M | $19.9M | $19.9M | $18.2M | $14.7M | $-7.0M |
| Net Margin | 7.0% | 1.5% | 6.4% | 10.1% | 12.1% | 13.2% | 12.8% | -7.8% |
| EPS (Basic) | $0.52 | $0.10 | $0.33 | $0.37 | $0.38 | $0.35 | $0.27 | $-0.12 |
| EPS (Diluted) | $0.50 | $0.10 | $0.32 | $0.36 | $0.37 | $0.34 | $0.27 | $-0.12 |
| Shares Outstanding (Basic) | 56.4M | 52.7M | 52.7M | 53.5M | 52.9M | 51.9M | 53.8M | 59.4M |
| Shares Outstanding (Diluted) | 57.9M | 53.9M | 53.5M | 54.6M | 54.5M | 54.2M | 54.7M | 59.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |