Axon Enterprise (AXON) Free Cash Flow (2010 - 2026)
Axon Enterprise (AXON) recorded Free Cash Flow of -$972,000 in Q2 2026, compared with -$114.66 million a year earlier.
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Analysis
Axon Enterprise (AXON) Free Cash Flow (2010 - 2026) Analysis & Trends
On a TTM basis, Axon Enterprise's Free Cash Flow came in at $133.19 million as of Jun 30, 2026, down 24.5% year-over-year; for FY2025, it was $75.08 million, down 77.2% from FY2024.
- Across earlier years, Free Cash Flow came in at $329.53 million in FY2024 (+154.2%), $129.63 million in FY2023 (-27.8%), $179.56 million in FY2022 (+140.7%) and $74.61 million in FY2021.
- Quarterly Free Cash Flow has ranged from -$114.66 million in Q2 2025 to $225.37 million in Q4 2024 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in two of the last four quarters, with growth averaging 11.8%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 566.8% in Q3 2022, against a decline of 67.9% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -$54.64 million (Q1 2026), $155.43 million (Q4 2025) and $33.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 300.63 Bn | 285.70 Bn | 2.30 Bn | 1.25 Bn |
| 2 | CrowdStrike Holdings | 267.85 Bn | 248.26 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 140.38 Bn | 126.31 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Snowflake | 124.05 Bn | 111.37 Bn | 1.04 Bn | 83.80 Mn |
| 5 | Datadog | 101.10 Bn | 82.74 Bn | 881.34 Mn | 305.98 Mn |
| 6 | Okta | 39.77 Bn | 29.86 Bn | 641.00 Mn | 233.00 Mn |
| 7 | Zscaler | 37.27 Bn | 23.39 Bn | - | - |
| 8 | Axon Enterprise | 33.40 Bn | 27.92 Bn | 546.45 Mn | -972,000.00 |
| 9 | MongoDB | 30.56 Bn | 21.03 Bn | 569.77 Mn | 139.41 Mn |
| 10 | F5 | 27.03 Bn | 21.44 Bn | 711.51 Mn | 280.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -972,000.00 |
| Mar 31, 2026 | -54.64 Mn |
| Dec 31, 2025 | 155.43 Mn |
| Sep 30, 2025 | 33.38 Mn |
| Jun 30, 2025 | -114.66 Mn |
| Mar 31, 2025 | 932,000.00 |
| Dec 31, 2024 | 225.37 Mn |
| Sep 30, 2024 | 64.85 Mn |
| Jun 30, 2024 | 71.45 Mn |
| Mar 31, 2024 | -32.13 Mn |
| Dec 31, 2023 | 116.03 Mn |
| Sep 30, 2023 | 48.92 Mn |
| Jun 30, 2023 | 29.52 Mn |
| Mar 31, 2023 | -64.84 Mn |
| Dec 31, 2022 | 119.54 Mn |
| Sep 30, 2022 | 26.53 Mn |
| Jun 30, 2022 | 6.63 Mn |
| Mar 31, 2022 | 26.87 Mn |
| Dec 31, 2021 | -455,000.00 |
| Sep 30, 2021 | 3.98 Mn |
API Access
Axon Enterprise Free Cash Flow 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=free-cash-flow&ticker=AXON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=AXON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();