Axon builds public safety technology for police, emergency responders and security teams, combining connected devices with software that manages their work. Its TASER weapons and body cameras link field equipment to a cloud platform used throughout an investigation. Agencies use Axon Evidence to store recordings, control access and share case material with prosecutors, while its records and real-time operations tools organize reports and coordinate responses. Axon earns money from device sales and subscriptions that combine software, equipment upgrades and support over multiple years. Founded in 1993, Axon is headquartered in Scottsdale, Arizona.
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Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Scottsdale, AZ
Founded
1993
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Total Funding
$3B
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Axon Enterprise shares fell 18.24% to $312.79 on November 6, a 52-week low, after the company reported third-quarter results that missed forecasts. Piper Sandler called it arguably Axon's worst quarter as a public company. Earnings per share were $1.72 against an estimated $1.91. Revenue rose 28% year on year to $908.55M, short of the $940.02M expected. Axon cut its 2026 revenue growth guidance to about 30%, from 32–34%. It trimmed free cash flow guidance to $350–$400M, from $450M, because of inventory builds. Software and services revenue grew 43%, but Taser revenue fell 2%. RBC said three federal Dedrone deals worth about $130M were delayed, not cancelled.
Axon Enterprise shares fell in premarket trading after the company reported third-quarter revenue that missed analysts' expectations. Revenue rose 28% to $908.6 million, short of the $934.33 million consensus. Non-GAAP earnings per share of $1.72 also missed the $1.89 estimate. Software and services revenue grew 43% to $437.0 million, and annual recurring revenue rose 40% to $1.75 billion. Connected devices revenue rose 16% to $471.5 million, held back by an approximately $30 million federal Dedrone deployment that did not land in the quarter. Axon now expects full-year growth of about 30%, down from 32% to 34%. It guided fourth-quarter revenue to $990 million to $1.01 billion, and cut its free cash flow target to $350 million to $400 million from $450 million.
Axon is investing $1.2 billion in drone maker Skydio, adding about 20% to its fully diluted ownership at a $5.2 billion pre-money valuation. The deal, announced on November 5, 2026, also makes Axon Skydio's exclusive public safety distributor in the US and Canada. The investment is a mix of cash and Axon stock. It includes new capital for Skydio and the purchase of shares from existing shareholders. Closing is expected in the fourth quarter of 2026 and first quarter of 2027. Skydio serves more than 1,500 public safety customers and expects about $1 billion in total bookings this fiscal year. Axon estimates the US and Canadian market for drones as first responders at about $13 billion.
Axon sued over ai-powered license plate reader network. * Slashdot By BeauHDNov 4, 2026, 7:00 pm99 ptsTrending Axon has been sued in a proposed class action accusing the Taser and police body-camera maker of illegally collecting and storing license plate data on millions of California drivers through its AI-powered surveillance network. Reuters reports the details: - The lawsuit (PDF), filed on Tuesday in federal court... Read Article Share Article * email * x.com * facebook * pocket * reddit * tumblr * linkedin * pinterest Tech News Tube is a real time news feed of the latest technology news headlines. Follow all of the top tech sites in one place, on the web or your mobile device.
The Motley Fool's Brendan Coffey picks Axon Enterprise over Monday.com as the better buy for 2027, citing stronger sales momentum. Axon's 2025 revenue rose about 33.5% to roughly $2.8 billion, with net income of about $124.9 million. Monday.com's revenue grew about 26.7% to around $1.2 billion, with net income of about $118.7 million. Monday.com is cheaper, at a forward price-to-earnings ratio of 17.2x against Axon's 55.7x. But it cut 20% of its workforce in July to shift spending to AI. Its full-year net income is forecast to fall to about $68 million. Axon's sales are forecast to rise about a third to $3.7 billion in fiscal 2026, with net income near $290 million.
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Scottsdale, AZ
Founded
1993
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