Axon Enterprise, Inc. or Textron Inc.: Who Leads in Yearly Revenue?

Axon vs. Textron: Revenue Battle Unveiled

__timestampAxon Enterprise, Inc.Textron Inc.
Wednesday, January 1, 201416452500013878000000
Thursday, January 1, 201519789200013423000000
Friday, January 1, 201626824500013788000000
Sunday, January 1, 201734379800014198000000
Monday, January 1, 201842006800013972000000
Tuesday, January 1, 201953086000013630000000
Wednesday, January 1, 202068100300011651000000
Friday, January 1, 202186338100012382000000
Saturday, January 1, 2022118993500012869000000
Sunday, January 1, 2023156339100013683000000
Monday, January 1, 202413702000000
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Infusing magic into the data realm

Axon vs. Textron: A Revenue Showdown

In the competitive landscape of the defense and technology sectors, Axon Enterprise, Inc. and Textron Inc. have been vying for the top spot in yearly revenue. Over the past decade, Textron has consistently outperformed Axon, boasting revenues that are approximately 10 times higher. In 2023, Textron's revenue reached a staggering $13.7 billion, while Axon saw a significant growth, achieving $1.56 billion, marking a 850% increase since 2014.

A Decade of Growth

From 2014 to 2023, Axon has shown remarkable growth, with its revenue increasing nearly tenfold. This growth trajectory highlights Axon's expanding influence in the market. Meanwhile, Textron, despite a slight dip in 2020, has maintained a steady revenue stream, showcasing its resilience and market dominance.

The Future Outlook

As we look to the future, the question remains: Can Axon continue its upward trajectory and close the gap with Textron? With innovation and strategic expansion, the coming years could see a shift in this dynamic.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025