AXON news

Axon Enterprise, Inc. will acquire $254,904,250 in Series G Preferred Stock from Skydio, Inc. for a combination of cash and stock, due to close on the filing date.

Axon reported record Q3 2026 revenue of $909 million, up 28% year-over-year, and announced a $1.2 billion investment in Skydio raising its stake to 37%, signaling strength in AI and software growth.

Axon Enterprise, Inc. announced an underwritten offering of $1 billion in convertible senior notes due 2031. The notes are 0% convertible into common stock at the company's election and include options for additional issuance of up to $150 million.

Axon intends to sell $1.0 billion of zero-coupon convertible notes due 2031, using proceeds for general corporate purposes, including growth and acquisitions. This debt issuance raises significant capital for the law enforcement technology company.