Axon Enterprise announced a proposed $1.0 billion offering of 0% convertible senior notes due September 2031, with an option for underwriters to purchase up to an additional $150 million in over-allotments. The company entered into a second amendment to its credit agreement, increasing the revolving facility from $300 million to $500 million and extending the maturity date to five years from closing. Net proceeds will fund capped call transactions and general corporate purposes, including potential acquisitions. Axon Enterprise operates in the public safety technology industry, providing TASER devices, body-worn cameras, drones, and software solutions for law enforcement and security.

Axon Enterprise reported Q2 2026 revenue of $904 million, a 35% year-over-year increase. Annual recurring revenue grew 39% to $1.6 billion with net revenue retention at 126%. The company raised its full-year 2026 revenue growth outlook to 32%-34%, up from the previous 30%-32% guidance, while maintaining an Adjusted EBITDA margin target of approximately 25.5%. Axon operates in the public safety technology industry, providing connected devices, software, and AI-driven solutions for law enforcement and enterprise security.

On July 8, 2026, Axon Enterprise, Inc. appointed Vivek Mohindra and Eiso Kant to its Board of Directors to fill existing vacancies. Mr. Mohindra was appointed to the Audit and Compensation Committees, while Mr. Kant was appointed as a non-voting observer of the Mergers & Acquisitions and Capital Structure Committee. Both independent directors will receive an initial $260,000 restricted stock unit award vesting over three years, annual $260,000 restricted stock unit awards, and $40,000 in annual cash compensation. Mr. Mohindra will receive additional cash retainers of $10,000 for the Audit Committee and $7,500 for the Compensation Committee. Axon Enterprise, Inc. provides technology and weapons systems for law enforcement and public safety agencies.