Research and Development: Comparing Key Metrics for Axon Enterprise, Inc. and Rockwell Automation, Inc.

Axon vs. Rockwell: A Decade of R&D Investment Trends

__timestampAxon Enterprise, Inc.Rockwell Automation, Inc.
Wednesday, January 1, 201414885000290100000
Thursday, January 1, 201523614000307300000
Friday, January 1, 201630609000319300000
Sunday, January 1, 201755373000348200000
Monday, January 1, 201876856000371800000
Tuesday, January 1, 2019100721000378900000
Wednesday, January 1, 2020123195000371500000
Friday, January 1, 2021194026000422500000
Saturday, January 1, 2022233810000440900000
Sunday, January 1, 2023303719000529500000
Monday, January 1, 2024477300000
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Unleashing insights

The Evolution of R&D Investments: Axon vs. Rockwell

In the ever-evolving landscape of technology and automation, research and development (R&D) play a pivotal role in driving innovation. Over the past decade, Axon Enterprise, Inc. and Rockwell Automation, Inc. have demonstrated contrasting trajectories in their R&D investments. From 2014 to 2023, Axon Enterprise has seen a staggering increase of over 1,900% in its R&D expenses, reflecting its commitment to innovation in public safety technology. In contrast, Rockwell Automation, a leader in industrial automation, has maintained a steady growth of approximately 82% in the same period, underscoring its focus on consistent technological advancement.

While Axon's R&D spending surged from a modest $14.9 million in 2014 to an impressive $303.7 million in 2023, Rockwell's investment grew from $290.1 million to $529.5 million. This comparison highlights the dynamic strategies of these industry giants, each carving its path in the competitive tech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025