AXON · 8-K · 20260805PR053363

Investing Activities

AXON ENTERPRISE, INC. · 2026-08-05 · Importance 32 · Surprise 6 · In source text

Axon purchased $302.8 million of investments in the first six months of 2026 and received $434.3 million from investment calls, maturities and sales. In the second quarter, investment purchases were $10.9 million and proceeds from calls, maturities and sales were $185.0 million. Net cash provided by investing activities was $151.2 million in the second quarter, compared with cash used of $386.5 million in the prior-year quarter.

Key facts

• Purchases of investments: (10,892) (three months ended 30 JUN 2026), (291,952) (31 MAR 2026), (714,693) (30 JUN 2025); (302,844) (six months ended 30 JUN 2026) and (1,793,862) (six months ended 30 JUN 2025) source
• Gain on strategic investments and marketable securities, net: (6,783) (three months ended 30 JUN 2026), (191,090) (31 MAR 2026), 32,167 (30 JUN 2025); (197,873) (six months ended 30 JUN 2026) and (111,754) (six months ended 30 JUN 2025) source
• Proceeds from call, maturity, and sale of investments: 185,000 (three months ended 30 JUN 2026), 249,345 (31 MAR 2026), 354,843 (30 JUN 2025); 434,345 (six months ended 30 JUN 2026) and 756,654 (six months ended 30 JUN 2025) source
• Net cash provided by (used in) investing activities: 151,175 (three months ended 30 JUN 2026), (616,937) (31 MAR 2026), (386,532) (30 JUN 2025); (465,762) (six months ended 30 JUN 2026) and (1,088,749) (six months ended 30 JUN 2025) source
• Short-term investments: 75,703 (30 JUN 2026) and 505,417 (31 DEC 2025) source
• Goodwill as of June 30, 2026: $1,898,827 thousand source
• Net campus investment: 262 (three months ended 30 JUN 2026), 152 (31 MAR 2026), 653 (30 JUN 2025); 414 (six months ended 30 JUN 2026) and 1,169 (six months ended 30 JUN 2025) source

Impact estimates