Direct Answer
Axon Enterprise reports revenue across 2 geographic regions in its fiscal 2025 Form 10-K. United States is the largest, with $2.3 billion of revenue (83% of the total), followed by Outside the United States at $475 million (17%). 83% of revenue came from the United States.
How Does Axon Enterprise Make Money?
United States supplies 83% of revenue, so Axon Enterprise's results move mostly with that one region; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Outside the United States grew fastest (+54.4%) and United States slowest (+29.8%), so the revenue mix tilts toward Outside the United States while that gap lasts.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| United States | $2.3 billion | $1.8 billion | 82.9% | 29.8% |
| Outside the United States | $475 million | $307 million | 17.1% | 54.4% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Axon Enterprise's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Axon Enterprise reported in the segment note and revenue disclosures of its Form 10-K filed February 25, 2026 (accession 0001628280-26-011360), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Axon Enterprise's main regions?
In its fiscal 2025 Form 10-K, Axon Enterprise reports revenue for United States and Outside the United States.
Which part of Axon Enterprise brings in the most revenue?
United States, with $2.3 billion of revenue in fiscal 2025, or 83% of the total.
How much of Axon Enterprise's revenue comes from outside the United States?
17% in fiscal 2025, by the geographic breakdown Axon Enterprise reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.