Axon Enterprise (AXON) Other Working Capital Changes (2010 - 2026)

Axon Enterprise (AXON) recorded quarterly Other Working Capital Changes of -$40.3 million in Q1 2026, down 116.58% quarter-over-quarter from $243.0 million in Q4 2025, and down 277.24% on a YoY basis from $22.7 million in Q1 2025.

Axon Enterprise (AXON) Other Working Capital Changes (2010 - 2026) Analysis & Trends

Axon Enterprise's Other Working Capital Changes history runs 17 years deep, the most recent figure standing at -$40.3 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes fell 277.24% year-over-year to -$40.3 million; the TTM figure through Mar 2026 stood at $201.6 million (up 7.78% YoY), while the FY2025 annual figure was $264.6 million, up 70.0% from the prior year.
  • Other Working Capital Changes was -$40.3 million for Q1 2026 at Axon Enterprise, down from $243.0 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $243.0 million in Q4 2025 to a low of -$73.9 million in Q2 2025.
  • Historically, Other Working Capital Changes has averaged $36.2 million across 5 years, with a median of $22.7 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Other Working Capital Changes surged 764.7% in 2024, then plunged 31404.24% in 2025.
  • A 5-year view of Other Working Capital Changes shows it stood at $40.4 million in 2022, then plunged by 157.05% to -$23.0 million in 2023, then soared by 764.7% to $153.1 million in 2024, then jumped by 58.73% to $243.0 million in 2025, then tumbled by 116.58% to -$40.3 million in 2026.
  • The last three Other Working Capital Changes figures came in at -$40.3 million (Q1 2026), $243.0 million (Q4 2025), and $72.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn
8 Embraer 95.73 Bn 93.11 Bn -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn
10 Axon Enterprise 35.50 Bn 34.78 Bn 477.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -40.30 Mn
Mar 31, 2026 -40.30 Mn
Dec 31, 2025 243.04 Mn
Dec 31, 2025 243.04 Mn
Sep 30, 2025 72.70 Mn
Sep 30, 2025 72.70 Mn
Jun 30, 2025 -73.88 Mn
Jun 30, 2025 -73.88 Mn
Mar 31, 2025 22.74 Mn
Mar 31, 2025 22.74 Mn
Dec 31, 2024 153.11 Mn
Dec 31, 2024 153.11 Mn
Sep 30, 2024 10.94 Mn
Sep 30, 2024 10.94 Mn
Jun 30, 2024 236,000.00
Jun 30, 2024 236,000.00
Mar 31, 2024 -8.65 Mn
Mar 31, 2024 -8.65 Mn
Dec 31, 2023 -23.04 Mn
Dec 31, 2023 -23.04 Mn