AXON · 10-Q · 2026Q2 · Full report

Capital Expenditures

AXON ENTERPRISE, INC. · 2026-08-06 · Importance 25 · Surprise 6 · Contradicted

Axon spent $44.2 million on property and equipment during the six months ended June 30, 2026. Property and equipment purchases were included in total investing cash outflows of $465.8 million. Investing cash usage declined from $1.1 billion in the six months ended June 30, 2025, although the filing attributes the overall change primarily to lower securities investments rather than a stated change in capital spending.

Key facts

• Net cash used in investing activities for the six months ended June 30, 2026: $(465,762) (in thousands). source
• Restricted cash balances were $11.9 million as of June 30, 2026, including a $9.7 million payment held in escrow related to planned construction of headquarters in Arizona. source
• Net cash used in investing activities for the six months ended June 30, 2026 was $(465,762) thousand. source
• Net cash used in investing activities includes $44.2 million for purchases of property and equipment. source
• During the six months ended June 30, 2026, purchases of property and equipment were $44,174 (in thousands). source

Impact estimates