• Axon Enterprise average operating margin for 2023 was 8.68%, a 1450% decline from 2022.
• Axon Enterprise average operating margin for 2022 was 0.56%, a 103.65% increase from 2021.
• Axon Enterprise average operating margin for 2021 was -15.33%, a 379.06% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.