AXON · 8-K · 20260805PR053363

Supply Chain Constraints

AXON ENTERPRISE, INC. · 2026-08-05 · Importance 64 · Surprise 56

Axon said it continued inventory investment to support customer demand, while free cash outflow was partially affected by that investment. Inventory was $486.6 million at June 30, 2026, compared with $341.8 million at December 31, 2025, an increase of approximately 42%. The release also stated that the company’s supply chain must support production of cameras, TASER devices, drones, counter-drone equipment and other connected devices. No specific component shortage or lead-time disruption was reported.