Gross Profit Growth: Axon Enterprise vs. Elbit Systems

In the ever-evolving landscape of defense and technology, Axon Enterprise, Inc. and Elbit Systems Ltd. have emerged as formidable players. Over the past decade, from 2014 to 2023, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Axon Enterprise, Inc.

Axon Enterprise has seen a staggering increase in gross profit, growing nearly tenfold from 2014 to 2023. Starting at approximately $101 million in 2014, Axon reached an impressive $955 million by 2023. This growth underscores Axon's successful expansion and innovation in public safety technology.

Elbit Systems Ltd.

Elbit Systems, a leader in defense electronics, has consistently maintained a strong gross profit, growing from $825 million in 2014 to $1.48 billion in 2023. This steady growth highlights Elbit's robust market position and its ability to adapt to global defense demands.

Both companies exemplify resilience and strategic growth, setting benchmarks in their respective industries.