Analyzing Cost of Revenue: Axon Enterprise, Inc. and Clean Harbors, Inc.

Analyzing Cost of Revenue: Axon Enterprise, Inc. vs. Clean Harbors, Inc.

In the ever-evolving landscape of corporate finance, understanding the cost of revenue is crucial for assessing a company's operational efficiency. This analysis delves into the cost of revenue trends for Axon Enterprise, Inc. and Clean Harbors, Inc. from 2014 to 2023. Over this period, Axon Enterprise, Inc. has seen a staggering increase of approximately 866% in its cost of revenue, reflecting its rapid growth and expansion. In contrast, Clean Harbors, Inc. experienced a more modest increase of around 54%, indicating a steady yet controlled growth trajectory.

Key Insights

• Axon Enterprise, Inc.: From 2014 to 2023, the cost of revenue surged from $63 million to $608 million, highlighting aggressive scaling strategies.
• Clean Harbors, Inc.: Starting at $2.44 billion in 2014, the cost of revenue reached $3.75 billion by 2023, showcasing consistent growth.

These trends underscore the distinct business strategies and market positions of these two industry players.