Axon Enterprise (AXON) Free Cash Flow (2010 - 2026)

Axon Enterprise's Free Cash Flow history runs 17 years deep, the most recent figure standing at -$37.5 million for Q1 2026.

• On a quarterly basis, Free Cash Flow fell 4122.53% year-over-year to -$37.5 million in Q1 2026; TTM through Mar 2026 was $165.6 million, a 54.32% decrease from a year earlier, with the FY2025 full-year figure at $204.0 million, down 38.08% from the prior year.
• Free Cash Flow fell to -$37.5 million in Q1 2026 per AXON's latest filing, from $213.4 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $213.4 million in Q4 2025 and bottomed at -$69.9 million in Q2 2025.
• The 5-year median for Free Cash Flow is $29.5 million (2023), against an average of $50.6 million.
• Across the five-year window, Free Cash Flow surged 38403.74% in 2022 and tumbled 4122.53% in 2026, its largest moves.
• Year by year, Free Cash Flow stood at $174.3 million in 2022, then slumped by 33.43% to $116.0 million in 2023, then surged by 56.51% to $181.6 million in 2024, then grew by 17.5% to $213.4 million in 2025, then slumped by 117.57% to -$37.5 million in 2026.
• Per Business Quant, the three latest AXON Free Cash Flow figures stand at -$37.5 million (Q1 2026), $213.4 million (Q4 2025), and $59.6 million (Q3 2025).