Axon Enterprise, Inc.

Company facts

Industry

Ordnance & Accessories, (No Vehicles/Guided Missiles)

Headquarters

Scottsdale, Arizona

Most recent report

8-K, filed Sep 21, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 1069183

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 13 sections worth reading, with 3 positive, 6 notable, and 0 negative flags.

• Financial Statements (Item 1)

  Core financials: revenue up 35%, cash halved on acquisitions, and new tranches added.
  Notable

  • Added two new XSU tranches with revenue targets up to $10.9B and stock price goals up to $1,474.61.
  • Sold $100M of shares via ATM in Q2 2026, diluting existing shareholders.
  • Acquired Carbyne for $552M in February 2026, adding $523M goodwill and $108M intangibles.

• Management's Discussion (Item 2)

  Deep results and liquidity detail with segment growth and cash burn.
  Positive

  • Revenue grew 35.3% to $904.4M for Q2 2026; income from operations swung to $46.8M from a loss.
  Notable

  • Tariff refunds of $47.4M received in Q2 2026, with $18.1M previously expensed; boosted gross margins.
  • Platform Solutions revenue surged 122.6% to $149.8M in Q2, driven by counter-drone equipment.
  • Net cash raised from ATM equity offering was $100.5M in H1 2026; redeemed $81.1M of 2027 Notes.

• Controls and Procedures (Item 4)

  Material weakness fixed; controls now effective. Big change from prior period.
  Positive

  • Disclosure controls and procedures now effective as of June 30, 2026, after being ineffective at Q1 2026.
  • Material weakness in revenue recognition controls fully remediated as of June 30, 2026.

What changed: Jun 2026 vs. Mar 2026

About 18% of AXON's Jun 2026 10-Q is new information. 49 paragraphs were added, 132 changed, and 22 removed. Below are the most important lines SECSift identified.

• Item 2 59
• Item 1 58
• Item 3 4
• Item 4 4
• Item 5 3
• Item 6 2
• Item 1A 1