Axon Enterprise (AXON) EV to CFO (2011 - 2026)
Axon Enterprise's EV to CFO came in at 168.80 for Q2 2026, down 26.1% from 228.28 a year earlier and down 22.4% from the prior quarter.
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Analysis
Axon Enterprise (AXON) EV to CFO (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Axon Enterprise reported EV to CFO of 150.73, down 29.5% year-over-year; for FY2025, it came in at 207.48, up 89.3% from FY2024.
- EV to CFO has increased in each of the last three years.
- Going back by year, EV to CFO was 109.59 in FY2024 (+13.9%), 96.22 in FY2023 (+107.3%), 46.42 in FY2022 (-46.3%) and 86.43 in FY2021 (-54.1%).
- The Q2 2026 figure represents the lowest quarterly EV to CFO since Q1 2025.
- Year-over-year, EV to CFO increased in six of the last eight quarters, with growth averaging 70.1%.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2025 (growth of 189.5%), and the weakest in Q4 2021 (a decline of 54.1%).
- Business Quant data shows AXON's EV to CFO at 217.49 (Q1 2026), 207.48 (Q4 2025) and 222.04 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 168.80 |
| Mar 31, 2026 | 217.49 |
| Dec 31, 2025 | 207.48 |
| Sep 30, 2025 | 222.04 |
| Jun 30, 2025 | 228.28 |
| Mar 31, 2025 | 86.11 |
| Dec 31, 2024 | 109.59 |
| Sep 30, 2024 | 98.59 |
| Jun 30, 2024 | 78.84 |
| Mar 31, 2024 | 98.62 |
| Dec 31, 2023 | 96.22 |
| Sep 30, 2023 | 76.46 |
| Jun 30, 2023 | 85.37 |
| Mar 31, 2023 | 115.29 |
| Dec 31, 2022 | 46.42 |
| Sep 30, 2022 | 67.37 |
| Jun 30, 2022 | 67.85 |
| Mar 31, 2022 | 87.17 |
| Dec 31, 2021 | 86.43 |
| Sep 30, 2021 | 77.66 |
API Access
Axon Enterprise EV to CFO 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=ev-to-cfo&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();