Gross Profit Trends Compared: Lockheed Martin Corporation vs Axon Enterprise, Inc.

Lockheed vs. Axon: A Decade of Profit Trends

__timestampAxon Enterprise, Inc.Lockheed Martin Corporation
Wednesday, January 1, 20141015480005374000000
Thursday, January 1, 20151286470005302000000
Friday, January 1, 20161705360005142000000
Sunday, January 1, 20172070880005548000000
Monday, January 1, 20182585830007370000000
Tuesday, January 1, 20193072860008367000000
Wednesday, January 1, 20204163310008654000000
Friday, January 1, 20215409100009061000000
Saturday, January 1, 20227286380008287000000
Sunday, January 1, 20239553820008479000000
Monday, January 1, 20246930000000
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Igniting the spark of knowledge

Gross Profit Trends: A Tale of Two Giants

In the competitive landscape of defense and technology, Lockheed Martin Corporation and Axon Enterprise, Inc. have showcased intriguing gross profit trends over the past decade. From 2014 to 2023, Lockheed Martin's gross profit consistently outpaced Axon's, peaking in 2021 with a staggering 9.1 billion. However, Axon has demonstrated remarkable growth, with its gross profit increasing by over 840% from 2014 to 2023. This growth trajectory highlights Axon's aggressive expansion and innovation in the tech sector.

A Decade of Transformation

While Lockheed Martin's profits dipped slightly in 2023, Axon continued its upward trend, closing the gap significantly. The data for 2024 is incomplete, but the trends suggest a dynamic shift in the industry. As these companies navigate the evolving market, their financial performances offer valuable insights into strategic positioning and market adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025