They must be making huge profits, assuming every bodycam needs some kind of recurring revenue (for evidence.com, maintenance, replacements). BUT as far as I can tell, they are also taking the judicial requirements very seriously. Unlike Flock, I haven't heard anything about AXON providing tools to circumvent the 4th amendment. In fact, AXON makes tools that make it easier to comply with the law. For example, record requests for bodycam videos are (again, afaik) easy to satisfy with their tech.
I don't know what ownership they have of videos stored on their services. Can they use it for LLM training? can they sell anonymized data? do they? no idea, but trust in Flock is at about a 0 out of 10.
Freedom of Information requests to axon seem to be given our somewhat freely given how large the bodycam genre on Youtube is.