XML 18 R8.htm IDEA: XBRL DOCUMENT
v3.25.3

Revenues | 9 Months Ended
--- | ---
Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
Revenues | Revenues Nature of Products and Services The following tables present our revenues by primary product and service offering and reportable segment (in thousands). All periods presented reflect the impact of the Segment Realignment discussed in Note 1.
| Three Months Ended September 30, 2025 |  | Three Months Ended September 30, 2024
| Connected Devices |  | Software and Services |  | Total |  | Connected Devices |  | Software and Services |  | Total
TASER (1) | $ | 237,950 |  |  | $ | — |  |  | $ | 237,950 |  |  | $ | 203,612 |  |  | $ | — |  |  | $ | 203,612 |
Personal Sensors (2) | 106,677 |  |  | — |  |  | 106,677 |  |  | 88,660 |  |  | — |  |  | 88,660 |
Platform Solutions (3) | 60,772 |  |  | — |  |  | 60,772 |  |  | 35,628 |  |  | — |  |  | 35,628 |
Software and Services | — |  |  | 305,242 |  |  | 305,242 |  |  | — |  |  | 216,374 |  |  | 216,374 |
Total | $ | 405,399 |  |  | $ | 305,242 |  |  | $ | 710,641 |  |  | $ | 327,900 |  |  | $ | 216,374 |  |  | $ | 544,274 |
| Nine Months Ended September 30, 2025 |  | Nine Months Ended September 30, 2024
| Connected Devices |  | Software and Services |  | Total |  | Connected Devices |  | Software and Services |  | Total
TASER (1) | $ | 649,679 |  |  | $ | — |  |  | $ | 649,679 |  |  | $ | 549,759 |  |  | $ | — |  |  | $ | 549,759 |
Personal Sensors (2) | 287,901 |  |  | — |  |  | 287,901 |  |  | 231,773 |  |  | — |  |  | 231,773 |
Platform Solutions (3) | 185,075 |  |  | — |  |  | 185,075 |  |  | 109,555 |  |  | — |  |  | 109,555 |
Software and Services | — |  |  | 860,157 |  |  | 860,157 |  |  | — |  |  | 616,294 |  |  | 616,294 |
Total | $ | 1,122,655 |  |  | $ | 860,157 |  |  | 1,982,812 |  |  | $ | 891,087 |  |  | $ | 616,294 |  |  | $ | 1,507,381 |
(1)'TASER' includes TASER handles, cartridges and related extended warranties. (2)'Personal Sensors' primarily includes body cameras and accessories, signal sidearm, and related extended warranties. (3)'Platform Solutions' primarily includes interview room, fleet in-car video, fixed cameras, drones and counter-drone equipment, virtual reality training hardware, and related extended warranties. The following table presents our revenues disaggregated by geography (dollars in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
United States | $ | 593,939 |  |  | 84 | % |  | $ | 482,596 |  |  | 89 | % |  | $ | 1,660,695 |  |  | 84 | % |  | $ | 1,298,775 |  |  | 86 | %
Other countries | 116,702 |  |  | 16 |  |  | 61,678 |  |  | 11 |  |  | 322,117 |  |  | 16 |  |  | 208,606 |  |  | 14 |
Total | $ | 710,641 |  |  | 100 | % |  | $ | 544,274 |  |  | 100 | % |  | $ | 1,982,812 |  |  | 100 | % |  | $ | 1,507,381 |  |  | 100 | %
Contract Balances The following table presents our contract assets, contract liabilities and certain information related to these balances as of and for the nine months ended September 30, 2025 and year ended December 31, 2024 (in thousands):
| September 30, 2025 |  | December 31, 2024
Contract assets, net | $ | 701,154 |  |  | $ | 487,805
Contract liabilities (deferred revenue) | 1,003,606 |  |  | 973,640
During the nine months ended September 30, 2025 and 2024, we recognized revenue of $590.3 million and $432.4 million, respectively, from the beginning contract liabilities balance as of December 31, 2024 and 2023, respectively. Remaining Performance Obligations As of September 30, 2025, we had approximately $8.1 billion of remaining performance obligations, which included both recognized contract liabilities as well as amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under ASC 606 as of September 30, 2025. We currently expect to recognize approximately 20% - 25% of this balance over the next 12 months, and expect the remainder to be recognized over the following ten years, subject to risks related to delayed deployments, budget appropriation or other contract cancellation clauses.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration