AXON · 10-Q · 2026Q2 · Full report
Acquisition / Partnership / Divestiture
AXON ENTERPRISE, INC. · 2026-08-06 · Importance 71 · Surprise 60 · In source text
On February 18, 2026, Axon acquired the remaining 89.3% interest in Carbyne, a cloud-native emergency communications and response platform, for approximately $551.7 million of cash paid and $563.2 million of incremental consideration. The acquisition is intended to accelerate next-generation public safety communications and emergency response solutions, with Carbyne included in the Software and Services segment. Axon recorded $523.3 million of goodwill and $108.2 million of identifiable intangible assets, and expects purchase accounting measurement to be completed by the first quarter of 2027. The filing also describes the October 1, 2025 acquisition of Prepared, an AI-powered emergency communications software provider, for approximately $624.1 million of cash paid and $728.2 million of incremental consideration.
Key facts
- During the six months ended June 30, 2026, the company closed business combinations, net of cash acquired: $(551,593) (in thousands) in investing cash flows. source
- On February 18, 2026, we acquired the remaining 89.3% interest in Carbyne Ltd. source
- Net of cash acquired and equity consideration attributable to pre-combination service, total cash paid in the Carbyne business combination was approximately $551.7 million. source
- Incremental consideration transferred in the Carbyne acquisition was approximately $563.2 million. source
- On October 1, 2025, we acquired the remaining 99.2% interest in Invictus Apps, Inc. (Prepared). source
- Net of cash acquired and equity consideration attributable to pre-combination service, total cash paid in the Prepared business combination was approximately $624.1 million. source
- Incremental consideration transferred in the Prepared acquisition was approximately $728.2 million. source
- Based on the current purchase price allocation for Carbyne we have recorded $523.3 million of goodwill and $108.2 million of identifiable intangible assets. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -7.4% | Net of cash acquired and equity consideration attributable to pre-combination service, total cash paid in the Carbyne business combination… |
| assets | positive | realized | +7.1% | Goodwill acquired during six months ended June 30, 2026: Connected Devices $4,581 and Software and Services $524,733, total $529,314 (in… |
| assets | positive | realized | +1.4% | Based on the current purchase price allocation for Carbyne we have recorded $523.3 million of goodwill and $108.2 million of identifiable… |
| assets | positive | realized | +0.6% | As of the Prepared acquisition date, identifiable intangible assets included $37.0 million of developed technology, $7.3 million of… |