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

Axon Enterprise's (AXON) 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 117.34% quarter-over-quarter from 26.78% in Q4 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.

  • On a quarterly basis, FCF Margin fell 480.0% year-over-year to 4.64% in Q1 2026; TTM through Mar 2026 was 5.55%, a 1634.0% decrease from a year earlier, with the FY2025 full-year figure at 7.34%, down 848.0% from the prior year.
  • FCF Margin fell to 4.64% in Q1 2026 per AXON's latest filing, from 26.78% in the prior quarter.
  • Across five years, FCF Margin topped out at 3560.69% in Q4 2024 and bottomed at 18.83% in Q1 2023.
  • The 5-year median for FCF Margin is 8.51% (2022), against an average of 218.23%.
  • Across the five-year window, FCF Margin jumped 353373 bps in 2024 and tumbled 353390 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 52.28% in 2022, then slumped by 48 bps to 26.96% in 2023, then soared by 13108 bps to 3560.69% in 2024, then slumped by 99 bps to 26.78% in 2025, then sank by 117 bps to 4.64% in 2026.
  • Per Business Quant, the three latest AXON FCF Margin figures stand at 4.64% (Q1 2026), 26.78% (Q4 2025), and 8.39% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 General Electric 373.38 Bn 364.04 Bn -3.10 Bn 393.71%
2 Rtx 288.96 Bn 280.66 Bn 9.91 Bn 11.65%
3 Boeing 167.80 Bn 147.78 Bn 2.41 Bn 2.57%
4 Lockheed Martin 132.86 Bn 129.07 Bn 2.45 Bn 14.54%
5 Howmet Aerospace 112.67 Bn 110.24 Bn 854.00 Mn 19.37%
6 General Dynamics 102.77 Bn 98.44 Bn 6.76 Bn 11.68%
7 Northrop Grumman 76.23 Bn 73.92 Bn 3.72 Bn 8.99%
8 TransDigm 73.09 Bn 69.21 Bn 1.51 Bn 2.52%
9 L3Harris Technologies 51.34 Bn 50.75 Bn 1.40 Bn -3.38%
10 Axon Enterprise 41.51 Bn 40.80 Bn 477.29 Mn -4.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.64%
Dec 31, 2025 26.78%
Sep 30, 2025 8.39%
Jun 30, 2025 -10.46%
Mar 31, 2025 0.15%
Dec 31, 2024 3,560.69%
Sep 30, 2024 15.88%
Jun 30, 2024 18.61%
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 52.28%
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%