Exhibit 99.1 CONTACT: Investor Relations Axon Enterprise, Inc. IR@axon.com Axon reports Q3 2025 revenue of $711 million, up 31% year over year Fellow shareholders, Axon delivered another record quarter, with revenue growing 31% year over year to $711 million — our seventh consecutive quarter of growth above 30% — and GAAP net loss margin of 0.3% supporting Adjusted EBITDA margin of 24.9%. Software & Services revenue increased 41% year over year to $305 million, driven by adoption of premium software feature ...

Core Viewpoint - Axon has announced a definitive agreement to acquire Carbyne, enhancing its public safety technology ecosystem by integrating next-generation, cloud-native 911 technology [2][3][5]. Company Overview - Axon is a global leader in public safety technology, focused on innovating solutions for law enforcement and emergency response [7][8]. - Carbyne is an emergency communications platform that serves hundreds of agencies and protects over 250 million people worldwide [2][6]. Acquisition Details - The acquisition values Carbyne at $625 million and is expected to close in the first quarter of 2026, subject to customary closing conditions [5]. - This acquisition is part of Axon's strategy to modernize public safety from the initial call for help to the resolution of incidents [3][4]. Technological Integration - The integration of Carbyne's cloud-native call-handling platform with Axon's AI-driven insights will create a fully connected 911 platform, enhancing real-time communication and data access [4][5]. - The combined capabilities aim to improve emergency response outcomes by providing instant visibility and connecting dispatchers directly to field officers [5][6]. Market Impact - More than 240 million 911 calls are made annually in the U.S., highlighting the critical need for improved emergency communication systems [5]. - The acquisition is expected to enhance the efficiency and effectiveness of emergency response services, ultimately benefiting communities and saving lives [4][5].

Core Insights - Axon reported a record quarter with revenue growth of 31% year-over-year, reaching $711 million, marking the seventh consecutive quarter of over 30% growth [1][12] - The company achieved a GAAP net loss margin of 0.3%, supporting an Adjusted EBITDA margin of 24.9% [1][15] - Annual Recurring Revenue (ARR) increased by 41% to $1.3 billion, with a net revenue retention rate of 124% [2][24] Financial Performance - Software & Services revenue grew 41% year-over-year to $305 million, driven by the adoption of premium software features and an expanding user base [2][22] - Connected Devices revenue rose 24% year-over-year to $405 million, with TASER revenue at $238 million (up 17%), Personal Sensors at $107 million (up 20%), and Platform Solutions at $61 million (up 71%) [2][23] - The company expects Q4 2025 revenue between $750 million and $755 million, implying full-year revenue of approximately $2.74 billion, also representing about 31% annual growth [4][31] Strategic Developments - Axon continues to invest in R&D for future growth, including the launch of new products like the Vehicle Intelligence platform and the acquisition of Prepared and Carbyne to enhance emergency response capabilities [3][9] - The integration of Prepared and Carbyne aims to modernize 911 call handling and dispatch workflows, significantly reducing high-priority response times [6][7] - The company envisions a future where 911 calls activate an integrated response system, enhancing efficiency and situational awareness [8][10] Market Position - The acquisitions of Prepared and Carbyne expand Axon's ecosystem, contributing to a market opportunity exceeding $74 billion across various product categories, part of a total addressable market of $159 billion [9][35] - Axon Body Workforce (ABW) Mini, a new enterprise product, is set for early deployments in the U.S. and Canada in 2026, targeting industries like retail and healthcare [10][11] Operational Metrics - Operating cash flow for the quarter was $60 million, down from $91 million the previous year, with a net cash position of $356 million as of September 30, 2025 [16][30] - Future contracted bookings grew 39% year-over-year to $11.4 billion, indicating strong demand for Axon's products and services [24][20]

Market Overview - The S&P 500 fell more than 1% and the Nasdaq dropped nearly 2% due to concerns over high valuations in the tech sector after a significant run [1] - Despite the declines, the S&P 500 is only about 1.5% off its record closing high from the previous week [1] Eli Lilly and Drug Pricing - Eli Lilly shares saw modest gains amid market declines, with reports suggesting a potential deal with the Trump administration regarding GLP-1 drug pricing [1] - The deal may involve reduced prices for the lowest doses of GLP-1 drugs in exchange for obesity coverage in Medicare and Medicaid programs [1] - Eli Lilly is positioned to negotiate due to its substantial investment in U.S. manufacturing [1] DuPont Separation - The early results from the DuPont separation are promising, with both new DuPont and spinoff Qnity Electronics showing positive trading sessions [1] - On a pre-spin basis, DuPont closed at $81.65, and the combined value of new DuPont and Qnity is approximately $88 per share, indicating an 8% increase in a declining market [1] - DuPont is set to release quarterly earnings on Thursday, with Qnity management providing a business update afterward [1] Upcoming Earnings Reports - Significant earnings reports are expected from Advanced Micro Devices, Arista Networks, Astera Labs, and Super Micro Computer [1] - Other notable earnings include Axon Enterprise, Cava, Toast, and Pinterest, with results from Novo Nordisk, McDonald's, Humana, Unity, and Sportradar due before Wednesday's opening bell [1] Employment Data - The October ADP employment report is anticipated, with a consensus estimate of a 37,500 increase in private employer jobs, a notable improvement from a 32,000 job decline in September [1]

Axon Enterprise ( AXON ) has been an exceptional market performer over the past few years, seeing its multiple rise as it has continued strong growth. The company has a massive backlog, providing great visibility on revenue for the following 12 months. While the strengthI am focused on Canadian stocks, Technology and growth stocks. The key to long term returns are disruptive companies that change the landscape of their industry. I also focus on Mid-Cap companies with strong management and high growth to att ...

Core Insights - Axon Enterprise, Inc. (AXON) is set to announce its third-quarter 2025 results on November 4, with expected revenues of $699.6 million, reflecting a 28.5% increase year-over-year, and earnings per share (EPS) estimated at $1.63, indicating a 12.4% growth from the previous year [1][9]. Financial Performance - The Zacks Consensus Estimate for third-quarter revenues is $699.6 million, up 28.5% from the same quarter last year, while the EPS estimate is $1.63, showing a 12.4% increase year-over-year despite a 1.2% decline in the past 60 days [1][9]. - Axon has a strong earnings surprise history, having exceeded the Zacks Consensus Estimate in the last four quarters with an average surprise of 25.9%, including a notable 37.7% beat in the last reported quarter [2]. Segment Performance - The Connected Devices segment is expected to benefit from robust demand for TASER 10 products and higher cartridge sales, with revenues estimated at $396 million, a 5.3% increase from the previous quarter [3][4]. - The Software & Services segment is projected to generate $302 million in net sales, reflecting a 3.4% growth from the previous quarter, driven by new user additions and increased demand for cloud services [5][6]. Strategic Developments - Axon is focused on acquisitions and strategic partnerships to enhance its product offerings, including the acquisition of Dedrone in October 2024, which strengthens its capabilities in airspace security [7]. - The partnership with Skydio, established in June 2024, aims to enhance Axon's position in the public safety market, particularly in the Drone as a First Responder category [8]. Cost Considerations - Despite strong revenue growth, rising costs related to business integration, higher wages, and stock-based compensation are anticipated to pressure margins in the upcoming quarter [8][9].

Company Overview - Axon Enterprise, Inc. (NASDAQ:AXON) specializes in developing and selling TASER devices, body cameras, and software solutions for managing digital evidence [2] Performance Highlights - The stock has experienced a remarkable rally of nearly 800% over the past five years, with a notable 26% gain projected for 2025 [2] - The company is recognized as a long-term outperformer, alongside AMD, indicating strong market confidence [1] Product Innovation - Axon is transforming the law enforcement landscape with its innovative products, including TASERs, body cameras, drones, and AI-driven police report solutions [1] Investment Sentiment - There is a bullish sentiment surrounding Axon, with analysts suggesting it has more room for growth despite the acknowledgment that some AI stocks may present greater upside potential [2]

Market Overview - The market showed resilience in October, with the Dow finishing up 41 points and the Nasdaq gaining 61 points, despite initial concerns of a decline [2] - Amazon's stock surged nearly 10% to an all-time high, while Apple's stock opened strong but lost its gains [3][4] - Overall, major tech companies like Meta, Microsoft, and Alphabet performed poorly, with Meta experiencing a significant drop of over 100 points in two days [4] Company Performance - Amazon's frugal approach has been well-received, contrasting with Wall Street's skepticism towards heavy capital spending in AI by companies like Meta [5] - Berkshire Hathaway is undergoing a leadership transition as Warren Buffett retires, which has led to profit-taking in the stock [9] - Palantir, led by CEO Alex Karp, is viewed positively, with expectations of continued long-term growth despite potential short-term profit-taking [10][12] Consumer Sector Insights - Companies serving consumers are facing challenges due to inflation and economic uncertainties, but a long-term perspective is encouraged [7] - Clorox's stock is down over 30% for the year, reflecting changing consumer behavior as inflation affects brand loyalty [12] - McDonald's and Burger King are seen as key indicators of consumer spending habits, particularly in the fast-food sector [17][18] Upcoming Earnings Reports - Berkshire Hathaway's earnings report is anticipated, especially with the leadership change [8] - Clorox and Pfizer are set to report earnings, with expectations for insights into consumer behavior and market conditions [13] - Companies like Shopify and Uber are expected to perform well, reflecting their strong positions in the e-commerce and ride-sharing markets [14] Investment Strategy - Long-term investing in quality stocks is recommended, particularly in a diversified portfolio [6] - Companies like AMD and Axon are highlighted as long-term outperformers, with significant potential in their respective markets [15] - Caterpillar is noted for its strong performance, particularly in relation to data center equipment, with an analyst meeting upcoming [16]

Core Insights - Axon Enterprise, Inc. is a public safety technology company with a market cap of $55 billion, known for its TASER weapons and body-worn cameras, evolving into a technology platform integrating hardware, cloud software, and data analytics for law enforcement and enterprises [1] Financial Performance - The company is expected to report fiscal Q3 2025 earnings on Nov. 4, with analysts projecting an EPS of $0.07, an 83.3% decline from $0.42 in the same quarter last year [2] - For fiscal 2025, EPS is forecasted to be $0.90, down 56.9% from $2.09 in fiscal 2024, but is expected to rebound to $1.34 in fiscal 2026, reflecting a year-over-year growth of 48.9% [3] Stock Performance - Axon shares have increased by 61.8% over the past 52 weeks, outperforming the S&P 500 Index's 16.2% return and the Industrial Select Sector SPDR Fund's 13.2% gain during the same period [4] - On Oct. 18, shares rose by 3.2% after TD Cowen reiterated a "Buy" rating with a price target of $925, citing expectations of strong quarterly performance and an accelerating AI product cycle, projecting revenue growth above 30% [5] Analyst Ratings - The consensus view on AXON stock is bullish, with a "Strong Buy" rating from 13 out of 19 analysts, while three suggest a "Moderate Buy" and three provide a "Hold" rating; the mean price target of $871.19 indicates a potential upside of 21.6% from the current market price [6]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest in AI technologies now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid capacity and rising electricity prices [2][3] Investment Opportunity - A specific company is presented as a significant investment opportunity, possessing critical energy infrastructure assets that are essential for supporting the anticipated surge in energy demand from AI data centers [3][6] - This company is characterized as a "toll booth" operator in the AI energy boom, benefiting from the increasing need for energy as AI technologies expand [4][5] Market Position - The company is noted for its ownership of nuclear energy infrastructure, positioning it strategically within the U.S. energy landscape and aligning with the country's next-generation power strategy [7][8] - It is one of the few global firms capable of executing large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewables [7] Financial Health - The company is described as being completely debt-free, with a cash reserve amounting to nearly one-third of its market capitalization, which provides a strong financial foundation [8][10] - It also holds a significant equity stake in another AI-related company, offering investors indirect exposure to multiple growth opportunities without the associated premium costs [9] Market Sentiment - There is a growing interest from hedge funds in this company, which is considered undervalued and off-the-radar, with some hedge fund managers beginning to promote it at exclusive investment summits [9][10] - The company is trading at less than seven times earnings, indicating a potentially attractive valuation compared to its growth prospects [10] Future Outlook - The ongoing technological revolution driven by AI is expected to disrupt traditional industries, with companies that adapt to AI likely to thrive [11][12] - The influx of talent into the AI sector is anticipated to drive continuous innovation and advancements, reinforcing the long-term growth potential of investments in AI [12]