Axon Enterprise (AXON) investor relations material

Crime and public safety trends

• Crime rates are generally down post-COVID, with property crime being the main concern in affluent areas, while violent incidents, though less frequent, tend to be more severe when they occur.

• Law enforcement leaders note regional differences in crime patterns and emphasize the importance of evidence-based, proactive policing.

Recruitment, retention, and workforce evolution

• Staffing levels are recovering, with recruitment and retention improving, but onboarding remains a lengthy process.

• New recruits are increasingly attracted by technology, co-responder roles, and community engagement rather than traditional policing roles.

• Retention is closely linked to wellness and supportive organizational culture.

Budget pressures and technology adoption

• Agencies face ongoing budget constraints, balancing personnel costs with growing demands for advanced technology.

• Technology investments are justified by efficiency gains and problem-solving, but require strong internal and external buy-in.

• Procurement cycles often lag behind technology advancements, making flexibility and future-proofing critical.