Axon Enterprise (AXON) EV to FCF (2011 - 2026)
Axon Enterprise's (AXON) EV to FCF came in at 336.87 for Q2 2026, down 5.5% from 356.45 a year earlier and down 80.4% from the prior quarter.
Axon Enterprise (AXON) EV to FCF (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Axon Enterprise was 300.81, down 9.9% year-over-year; for FY2025, it came in at 584.01, up 330.1% from FY2024.
- In prior years, Axon Enterprise's EV to FCF was 135.80 in FY2024 (-3.3%), 140.48 in FY2023 (+130.9%), 60.84 in FY2022 (-57.8%) and 144.22 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly EV to FCF since Q1 2025.
- On a year-over-year basis, EV to FCF increased in four of the last seven quarters, with growth averaging 107.0%.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q4 2025, with growth of 330.1%; the weakest was Q1 2022, with a decline of 89.2%.
- According to Business Quant data, EV to FCF for the three prior quarters was 1717.30 (Q1 2026), 584.01 (Q4 2025) and 374.01 (Q3 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 336.87 |
| Mar 31, 2026 | 1,717.30 |
| Dec 31, 2025 | 584.01 |
| Sep 30, 2025 | 374.01 |
| Jun 30, 2025 | 356.45 |
| Mar 31, 2025 | 106.88 |
| Dec 31, 2024 | 135.80 |
| Sep 30, 2024 | 133.51 |
| Jun 30, 2024 | 104.12 |
| Mar 31, 2024 | 139.52 |
| Dec 31, 2023 | 140.48 |
| Sep 30, 2023 | 103.57 |
| Jun 30, 2023 | 122.07 |
| Mar 31, 2023 | 177.24 |
| Dec 31, 2022 | 60.84 |
| Sep 30, 2022 | 132.51 |
| Jun 30, 2022 | 169.95 |
| Mar 31, 2022 | 183.56 |
| Dec 31, 2021 | 144.22 |
| Sep 30, 2021 | 110.23 |
Axon Enterprise EV to FCF 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-fcf&ticker=AXON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();