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

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

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

Axon Enterprise (AXON) has reported FCF Margin for 17 consecutive years, with 4.64% the latest figure, recorded in 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 came in at 4.64% for Q1 2026 at Axon Enterprise, 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.
  • Across the five-year window, FCF Margin jumped 3607 bps in 2022 and tumbled 2931 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 35.86% in 2022, then climbed by 14 bps to 40.76% in 2023, then declined by 23 bps to 31.57% in 2024, then rose by 13 bps to 35.7% in 2025, then tumbled by 113 bps to 4.64% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 4.64%, 35.7%, and 1.6% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -6.54%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 5.93%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 14.48%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 15.52%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.52%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -18.45%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -35.67%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -3.38%
10 Axon Enterprise 47.61 Bn 46.89 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%