Axon Enterprise (AXON) Cash from Operations (2010 - 2026)
Axon Enterprise (AXON) posted Cash from Operations of $20.1 million for Q2 2026, up 163.7% on a QoQ basis from -$31.5 million in Q1 2026, and up 121.89% year-over-year from $9.0 million in Q2 2025.
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Analysis
Axon Enterprise (AXON) Cash from Operations (2010 - 2026) Analysis & Trends
Axon Enterprise has reported Cash from Operations for 17 years, with the latest figure at $20.1 million in Q2 2026.
- On a quarterly basis, Cash from Operations rose 121.89% year-over-year to $20.1 million in Q2 2026; TTM through Jun 2026 was $265.8 million, a 3.54% decrease from a year earlier, with the FY2025 full-year figure at $211.3 million, down 48.24% from the prior year.
- Cash from Operations was $20.1 million for Q2 2026 at Axon Enterprise, up from -$31.5 million in the prior quarter.
- The five-year high for Cash from Operations was $250.2 million in Q4 2024, with the low at -$91.7 million in Q2 2025.
- Average Cash from Operations over 5 years is $57.4 million, with a median of $43.3 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Cash from Operations jumped 914.08% in 2022, then slumped 228.11% in 2023.
- Over 5 years, Cash from Operations stood at $131.1 million in 2022, then advanced by 6.8% to $140.0 million in 2023, then jumped by 78.64% to $250.2 million in 2024, then slipped by 13.16% to $217.2 million in 2025, then sank by 90.76% to $20.1 million in 2026.
- The last three Cash from Operations figures came in at $20.1 million (Q2 2026), -$31.5 million (Q1 2026), and $217.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 1.36 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 530.27 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 1.04 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 91.36 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 315.87 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 20.08 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 141.88 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 234.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 506.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08 Mn |
| Mar 31, 2026 | -31.52 Mn |
| Dec 31, 2025 | 217.24 Mn |
| Sep 30, 2025 | 60.01 Mn |
| Jun 30, 2025 | -91.70 Mn |
| Mar 31, 2025 | 25.79 Mn |
| Dec 31, 2024 | 250.17 Mn |
| Sep 30, 2024 | 91.32 Mn |
| Jun 30, 2024 | 82.76 Mn |
| Mar 31, 2024 | -15.94 Mn |
| Dec 31, 2023 | 140.04 Mn |
| Sep 30, 2023 | 62.89 Mn |
| Jun 30, 2023 | 42.66 Mn |
| Mar 31, 2023 | -56.32 Mn |
| Dec 31, 2022 | 131.12 Mn |
| Sep 30, 2022 | 40.90 Mn |
| Jun 30, 2022 | 19.38 Mn |
| Mar 31, 2022 | 43.96 Mn |
| Dec 31, 2021 | 12.93 Mn |
| Sep 30, 2021 | 16.45 Mn |
API Access
Axon Enterprise Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "AXON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();