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Axon deepens its drone push with a US$1.2 billion Skydio investment
8:18am on Friday 6th of November, 2026 AEDT
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Technology
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Axon deepens its drone push with a US$1.2 billion Skydio investment
8:18am on Friday 6th of November, 2026 AEDT
Key Points
Record Q3 revenue of US$908.6 million, up 28% year on year
Additional US$1.2 billion Skydio investment lifts ownership to 37%
Software and Services revenue rises 43% to US$437 million
2026 revenue growth outlook reduced to approximately 30%
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