Revenues

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Revenues

Revenues

Nature of Products and Services

The following table presents our revenues by primary product and service offering and reportable segment (in thousands):

	Three Months Ended March 31, 2026						Three Months Ended March 31, 2025
	Connected Devices		Software and Services		Total		Connected Devices		Software and Services		Total
TASER (1)	$	232,853	$	—	$	232,853	$	195,495	$	—	$	195,495
Personal Sensors (2)	108,751		—		108,751		88,405		—		88,405
Platform Solutions (3)	111,217		—		111,217		56,996		—		56,996
Software and Services	—		354,524		354,524		—		262,737		262,737
Total	$	452,821	$	354,524	$	807,345	$	340,896	$	262,737	$	603,633

(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 fleet in-car video, interview room, 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 March 31,
	2026				2025
United States	$	646,527	80	%	$	529,383	88	%
Other countries	160,818		20		74,250		12
Total	$	807,345	100	%	$	603,633	100	%

Revenue Recognized from Contract Liabilities

During the three months ended March 31, 2026 and 2025, we recognized revenue of $311.7 million and $272.2 million, respectively, from our beginning contract liabilities balance as of December 31, 2025 and 2024, respectively. Refer to our consolidated balance sheets for additional details regarding our receivables, contract assets and contract liabilities from contracts with customers.

Remaining Performance Obligations

As of March 31, 2026, we had approximately $9.7 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 March 31, 2026. We currently expect to recognize approximately 20% - 25% of this balance over the next 12 months, and expect the remainder to be substantially recognized over the following ten years, subject to risks related to delayed deployments, budget appropriation or other contract cancellation clauses.