Axon Enterprise (AXON) FCF Margin (2010 - 2026)

Axon Enterprise (AXON) recorded quarterly FCF Margin of 4.64% in Q1 2026, down 113.01% quarter-over-quarter from 35.7% in Q4 2025, and down 480.0% on a YoY basis from 1.22% in Q1 2025.

Axon Enterprise (AXON) FCF Margin (2010 - 2026) Analysis & Trends

Axon Enterprise's FCF Margin history runs 17 years deep, the most recent figure standing at 4.64% for Q1 2026.

  • In Q1 2026, FCF Margin fell 480.0% year-over-year to 4.64%; the TTM figure through Mar 2026 stood at 5.55% (down 1073.0% YoY), while the FY2025 annual figure was 7.34%, down 848.0% from the prior year.
  • FCF Margin was 4.64% for Q1 2026 at Axon Enterprise, down from 35.7% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 40.76% in Q4 2023 to a low of 18.83% in Q1 2023.
  • Historically, FCF Margin has averaged 10.4% across 5 years, with a median of 8.51% in 2022.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 3607 bps in 2022, then slumped 2931 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 35.86% in 2022, then rose by 14 bps to 40.76% in 2023, then decreased by 23 bps to 31.57% in 2024, then climbed by 13 bps to 35.7% in 2025, then slumped by 113 bps to 4.64% in 2026.
  • The last three FCF Margin figures came in at 4.64% (Q1 2026), 35.7% (Q4 2025), and 1.6% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -80.16%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 12.04%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 5.93%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -6.54%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -1.61%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 15.52%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 14.48%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -18.45%
10 Axon Enterprise 35.50 Bn 34.78 Bn 477.29 Mn -4.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.64%
Dec 31, 2025 35.70%
Sep 30, 2025 -1.60%
Jun 30, 2025 -10.46%
Mar 31, 2025 0.15%
Dec 31, 2024 31.57%
Sep 30, 2024 19.96%
Jun 30, 2024 14.20%
Mar 31, 2024 -6.99%
Dec 31, 2023 40.76%
Sep 30, 2023 11.84%
Jun 30, 2023 7.92%
Mar 31, 2023 -18.83%
Dec 31, 2022 35.86%
Sep 30, 2022 8.51%
Jun 30, 2022 2.32%
Mar 31, 2022 10.48%
Dec 31, 2021 -0.21%
Sep 30, 2021 1.72%
Jun 30, 2021 9.45%