Axon Enterprise (AXON) FCF Margin (2010 - 2026)
Axon Enterprise (AXON) posted FCF Margin of 0.11% for Q2 2026, up 98.41% on a QoQ basis from 6.77% in Q1 2026, and up 1704.0% year-over-year from 0.01% in Q2 2025.
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Analysis
Axon Enterprise (AXON) FCF Margin (2010 - 2026) Analysis & Trends
Axon Enterprise has reported FCF Margin for 17 years, with the latest figure at 0.11% in Q2 2026.
- On a quarterly basis, FCF Margin rose 1704.0% year-over-year to 0.11% in Q2 2026; TTM through Jun 2026 was 4.14%, a 324.0% decrease from a year earlier, with the FY2025 full-year figure at 2.7%, down 1312.0% from the prior year.
- FCF Margin was 0.11% for Q2 2026 at Axon Enterprise, up from 6.77% in the prior quarter.
- The five-year high for FCF Margin was 39.18% in Q4 2024, with the low at 18.83% in Q1 2023.
- Average FCF Margin over 5 years is 7.98%, with a median of 8.22% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Margin surged 3607 bps in 2022, then plunged 3135 bps in 2025.
- Over 5 years, FCF Margin stood at 35.86% in 2022, then slipped by 25 bps to 26.96% in 2023, then surged by 45 bps to 39.18% in 2024, then tumbled by 50 bps to 19.51% in 2025, then tumbled by 101 bps to 0.11% in 2026.
- The last three FCF Margin figures came in at 0.11% (Q2 2026), 6.77% (Q1 2026), and 19.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.27 Bn | 302.20 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 256.05 Bn | 251.07 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 127.84 Bn | 123.77 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 118.56 Bn | 116.21 Bn | 1.04 Bn | 5.71% |
| 5 | Datadog | 88.83 Bn | 83.85 Bn | 881.34 Mn | 25.73% |
| 6 | Axon Enterprise | 37.31 Bn | 36.64 Bn | 546.45 Mn | -0.11% |
| 7 | MongoDB | 34.45 Bn | 32.04 Bn | 569.77 Mn | 17.97% |
| 8 | Zscaler | 34.27 Bn | 30.80 Bn | - | - |
| 9 | Okta | 32.86 Bn | 30.56 Bn | 641.00 Mn | 28.32% |
| 10 | F5 | 25.76 Bn | 24.16 Bn | 711.51 Mn | 32.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.11% |
| Mar 31, 2026 | -6.77% |
| Dec 31, 2025 | 19.51% |
| Sep 30, 2025 | 4.70% |
| Jun 30, 2025 | -17.15% |
| Mar 31, 2025 | 0.15% |
| Dec 31, 2024 | 39.18% |
| Sep 30, 2024 | 11.91% |
| Jun 30, 2024 | 14.20% |
| Mar 31, 2024 | -6.99% |
| Dec 31, 2023 | 26.96% |
| 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% |
API Access
Axon Enterprise FCF Margin 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=fcf-margin&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();