Cost of Revenue: Key Insights for Axon Enterprise, Inc. and Booz Allen Hamilton Holding Corporation

Cost of Revenue Trends: Axon vs. Booz Allen Hamilton

In the evolving landscape of corporate finance, understanding the cost of revenue is crucial for assessing a company's efficiency and profitability. Over the past decade, Axon Enterprise, Inc. and Booz Allen Hamilton Holding Corporation have shown distinct trajectories in their cost of revenue. From 2014 to 2023, Axon Enterprise experienced a staggering increase of nearly 866%, reflecting its aggressive growth strategy and expanding market presence. In contrast, Booz Allen Hamilton's cost of revenue grew by approximately 59%, indicating a more stable and consistent operational model.

Key Insights

• Axon Enterprise, Inc.: Starting at $63 million in 2014, Axon's cost of revenue surged to $608 million by 2023, highlighting its rapid expansion and increased production costs.
• Booz Allen Hamilton: With a starting point of $2.7 billion in 2014, the company reached $4.3 billion in 2023, showcasing steady growth.

These trends underscore the differing business strategies and market dynamics faced by these two industry leaders.