Who Generates Higher Gross Profit? Cummins Inc. or Axon Enterprise, Inc.

Cummins Inc. vs. Axon Enterprise, Inc.: A Decade of Gross Profit Analysis

In the competitive landscape of industrial and technology sectors, Cummins Inc. and Axon Enterprise, Inc. have showcased remarkable growth in gross profit over the past decade. From 2014 to 2023, Cummins Inc. consistently outperformed Axon, with gross profits peaking at approximately $8.25 billion in 2023, a significant 70% increase from 2014. Meanwhile, Axon Enterprise, Inc. demonstrated impressive growth, with gross profits rising nearly 840% over the same period, reaching around $955 million in 2023. This stark contrast highlights Cummins' established market presence and Axon's rapid expansion in the tech industry. As we delve into these figures, it becomes evident that while Cummins maintains a robust lead, Axon's aggressive growth trajectory positions it as a formidable contender in the years to come.