v3.25.2
Revenues
 6 Months Ended
Jun. 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 June 30, 2025Three Months Ended June 30, 2024
Connected DevicesSoftware and ServicesTotalConnected DevicesSoftware and ServicesTotal
TASER (1)
$216,234 $— $216,234 $181,548 $— $181,548 
Personal Sensors (2)
92,819 — 92,819 75,113 — 75,113 
Platform Solutions (3)
67,307 — 67,307 36,102 — 36,102 
Software and Services — 292,178 292,178 — 210,473 210,473 
Total$376,360 $292,178 $668,538 $292,763 $210,473 $503,236 
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
Connected DevicesSoftware and ServicesTotalConnected DevicesSoftware and ServicesTotal
TASER (1)
$411,729 $— $411,729 $346,147 $— $346,147 
Personal Sensors (2)
181,224 — 181,224 143,113 — 143,113 
Platform Solutions (3)
124,303 — 124,303 73,927 — 73,927 
Software and Services— 554,915 554,915 — 399,920 399,920 
Total$717,256 $554,915 1,272,171 $563,187 $399,920 $963,107 
(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 June 30,Six Months Ended June 30,
2025202420252024
United States$537,373 80 %$424,638 84 %$1,066,756 84 %$816,179 85 %
Other countries131,165 20 78,598 16 205,415 16 146,928 15 
Total$668,538 100 %$503,236 100 %$1,272,171 100 %$963,107 100 %

Contract Balances
The following table presents our contract assets, contract liabilities and certain information related to these balances as of and for the six months ended June 30, 2025 and year ended December 31, 2024 (in thousands):
June 30, 2025December 31, 2024
Contract assets, net$625,276 $487,805
Contract liabilities (deferred revenue)932,462 973,640
During the six months ended June 30, 2025 and 2024, we recognized revenue of $456.2 million and $320.6 million, respectively, from the beginning contract liabilities balance as of December 31, 2024 and 2023, respectively.
Remaining Performance Obligations
As of June 30, 2025, we had approximately $7.8 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 June 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.