Will Rising User Base Continue to Drive Axon's Software & Services Unit?

Key Takeaways Axon's Software & Services revenues rose 39% in Q1 2025 and 38.8% in Q2 after 2024's 33.4% jump.Premium plan adoption and recurring purchases boost ARR and highlight strong customer engagement.New tools like Draft One and OSP 10 drive rapid uptake, with 70% of users still on basic plans.Axon Enterprise, Inc. (AXON) is benefiting from strong momentum in the Software & Services segment. An increase in the aggregate number of users to the Axon network is supporting the segment’s performance. Afte ...