Axon Enterprise (AXON) Financial Forecast Calculator
Interactive 5-year forecast and DCF for Axon Enterprise. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Axon Enterprise’s most recent SEC filings.
Assumptions
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Frequently asked
What does Axon Enterprise do?+
Axon Enterprise is the global leader in public safety technology, providing a connected ecosystem of hardware and cloud software to law enforcement, military, and enterprise customers. The company offers products like TASER energy weapons, body-worn cameras, and cloud platforms such as Evidence.com.
How does Axon Enterprise generate revenue?+
Axon generates revenue primarily through its "razor and blade" model, selling hardware like TASERs and cameras that feed into highly profitable, sticky cloud software subscriptions. Its two main segments are Connected Devices and Software & Services, with a focus on international expansion as a key growth vector.
What are Axon Enterprise's key capital expenditure assumptions in its financial model?+
The financial model assumes Axon's capital expenditure as a percentage of revenue to be approximately 5% to 7%. This capex is heavily skewed towards growth investments, such as expanding automated manufacturing lines for the TASER 10 and R&D facilities.
Why does the Axon Enterprise financial model adjust for stock-based compensation?+
The financial model adjusts for Axon's exceptionally high stock-based compensation to accurately assess the company's true free cash flow. This adjustment is crucial for a comprehensive equity valuation and scenario analysis.
Can I download a financial model for Axon Enterprise?+
Yes, a comprehensive equity valuation and scenario analysis platform for Axon Enterprise is available for download. This model allows analysts to forecast the financial impact of the company's ongoing mix shift towards high-margin software.
What is Axon Enterprise's business model?+
Axon Enterprise employs a "razor and blade" hardware-enabled SaaS business model, where hardware endpoints capture data that feeds into highly profitable, sticky cloud subscriptions. The company holds a near-monopoly position in the US law enforcement market for body cameras and energy weapons.
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