Growth Metrics

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

Axon Enterprise's quarterly FCF Margin came in at 4.64% in Q1 2026, down 480.0% year-on-year from 1.22% in Q1 2025, and down 113.01% quarter-over-quarter from 35.7% in Q4 2025.

Axon Enterprise has reported FCF Margin for 17 years, with the latest figure at 4.64% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 480.0% year-over-year to 4.64%; the trailing twelve-month figure through Mar 2026 stood at 5.55% (down 1073.0% YoY), and the FY2025 full-year result was 7.34%, down 848.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 4.64%, down from 35.7% in the prior quarter.
  • The five-year high for FCF Margin was 40.76% in Q4 2023, with the low at 18.83% in Q1 2023.
  • Average FCF Margin over 5 years is 10.4%, with a median of 8.51% recorded in 2022.
  • Year-over-year, FCF Margin soared 3607 bps in 2022 and slumped 2931 bps in 2023.
  • Tracing AXON's FCF Margin over 5 years: stood at 35.86% in 2022, then gained by 14 bps to 40.76% in 2023, then slipped by 23 bps to 31.57% in 2024, then grew by 13 bps to 35.7% in 2025, then sank 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 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 12.04%
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 5.93%
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn -6.54%
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 15.52%
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 14.48%
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -35.67%
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -18.45%
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 2.52%
10 Axon Enterprise 30.94 Bn 30.22 Bn 477.29 Mn -4.64%

Historic Data

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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%
Mar 31, 2021 25.85%
Dec 31, 2020 12.25%
Sep 30, 2020 -28.44%
Jun 30, 2020 -18.22%
Mar 31, 2020 7.61%
Dec 31, 2019 17.99%
Sep 30, 2019 16.42%
Jun 30, 2019 14.75%
Mar 31, 2019 -16.61%
Dec 31, 2018 23.50%
Sep 30, 2018 9.84%
Jun 30, 2018 -2.49%
Mar 31, 2018 17.69%
Dec 31, 2017 15.28%
Sep 30, 2017 3.63%
Jun 30, 2017 -11.61%
Mar 31, 2017 -9.34%
Dec 31, 2016 -6.87%
Sep 30, 2016 14.26%
Jun 30, 2016 4.36%
Mar 31, 2016 12.68%
Dec 31, 2015 -10.81%
Sep 30, 2015 34.29%
Jun 30, 2015 -7.25%
Mar 31, 2015 28.97%
Dec 31, 2014 22.32%
Sep 30, 2014 35.70%
Jun 30, 2014 3.31%
Mar 31, 2014 11.60%
Dec 31, 2013 19.03%
Sep 30, 2013 30.32%
Jun 30, 2013 2,176.58%
Mar 31, 2013 1,647.81%
Dec 31, 2012 8.76%
Sep 30, 2012 33.32%
Jun 30, 2012 33.37%
Mar 31, 2012 13.20%
Dec 31, 2011 9.12%
Sep 30, 2011 20.39%
Jun 30, 2011 18.85%
Mar 31, 2011 17.44%
Dec 31, 2010 11.90%
Sep 30, 2010 -2.04%