• Axon Enterprise average ebitda margin for 2023 was 10.03%, a 242.32% decline from 2022.
• Axon Enterprise average ebitda margin for 2022 was 2.93%, a 123.18% increase from 2021.
• Axon Enterprise average ebitda margin for 2021 was -12.64%, a 999.13% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.