Axon Enterprise annual free cash flow
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2025
Axon Enterprise Free Cash Flow (FCF) History (AXON)
Axon Enterprise reported $75.1M in free cash flow for fiscal 2025, a decrease of 77.22% from the previous fiscal year, with a free cash flow margin of 2.70%.
View full Axon Enterprise company overviewAxon Enterprise free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $75.1M | −$254.4M | −77.22% | +2.70% |
| 2024 | 2024-12-31 | $329.5M | $199.9M | +154.21% | +15.82% |
| 2023 | 2023-12-31 | $129.6M | −$49.9M | −27.81% | +8.31% |
| 2022 | 2022-12-31 | $179.6M | $105.0M | +140.67% | +15.13% |
| 2021 | 2021-12-31 | $74.6M | $108.8M | — | +8.64% |
| 2020 | 2020-12-31 | −$34.1M | −$83.9M | — | −5.01% |
| 2019 | 2019-12-31 | $49.7M | −$3.0M | −5.69% | +9.37% |
| 2018 | 2018-12-31 | $52.7M | $44.7M | +554.94% | +12.55% |
| 2017 | 2017-12-31 | $8.1M | −$8.1M | −50.23% | +2.34% |
| 2016 | 2016-12-31 | $16.2M | −$24.3M | −60.00% | +6.03% |
| 2015 | 2015-12-31 | $40.4M | $7.5M | +22.82% | +20.44% |
| 2014 | 2014-12-31 | $32.9M | $2.3M | +7.45% | +20.01% |
| 2013 | 2013-12-31 | $30.6M | $5.5M | +21.68% | +22.23% |
| 2012 | 2012-12-31 | $25.2M | $9.8M | +63.40% | +21.95% |
| 2011 | 2011-12-31 | $15.4M | $18.7M | — | +17.12% |
| 2010 | 2010-12-31 | −$3.3M | $298,725 | — | −3.79% |
| 2009 | 2009-12-31 | −$3.6M | — | — | — |
Axon Enterprise quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$972,000 | $113.7M | — | −0.11% |
| Q1 2026 | 2026-03-31 | −$54.6M | −$55.6M | — | −6.77% |
| Q4 2025 | 2025-12-31 | $155.4M | −$69.9M | −31.03% | +19.51% |
| Q3 2025 | 2025-09-30 | $33.4M | −$31.5M | −48.53% | +4.70% |
| Q2 2025 | 2025-06-30 | −$114.7M | −$186.1M | — | −17.15% |
| Q1 2025 | 2025-03-31 | $932,000 | $33.1M | — | +0.15% |
| Q4 2024 | 2024-12-31 | $225.4M | $109.3M | +94.23% | +39.18% |
| Q3 2024 | 2024-09-30 | $64.8M | $15.9M | +32.57% | +11.91% |
| Q2 2024 | 2024-06-30 | $71.4M | $41.9M | +142.03% | +14.20% |
| Q1 2024 | 2024-03-31 | −$32.1M | $32.7M | — | −6.99% |
| Q4 2023 | 2023-12-31 | $116.0M | −$3.5M | −2.94% | +26.96% |
| Q3 2023 | 2023-09-30 | $48.9M | $22.4M | +84.39% | +11.84% |
| Q2 2023 | 2023-06-30 | $29.5M | $22.9M | +345.44% | +7.88% |
| Q1 2023 | 2023-03-31 | −$64.8M | −$91.7M | — | −18.90% |
| Q4 2022 | 2022-12-31 | $119.5M | $120.0M | — | +35.86% |
| Q3 2022 | 2022-09-30 | $26.5M | $22.6M | +566.75% | +8.51% |
| Q2 2022 | 2022-06-30 | $6.6M | −$14.0M | −67.93% | +2.32% |
| Q1 2022 | 2022-03-31 | $26.9M | −$23.6M | −46.71% | +10.48% |
| Q4 2021 | 2021-12-31 | −$455,000 | −$28.2M | — | −0.21% |
| Q3 2021 | 2021-09-30 | $4.0M | $51.3M | — | +1.72% |
| Q2 2021 | 2021-06-30 | $20.7M | $46.4M | — | +9.45% |
| Q1 2021 | 2021-03-31 | $50.4M | $39.2M | +349.92% | +25.85% |
| Q4 2020 | 2020-12-31 | $27.7M | −$14.3M | −33.99% | +12.25% |
| Q3 2020 | 2020-09-30 | −$47.3M | −$65.5M | — | −28.44% |
| Q2 2020 | 2020-06-30 | −$25.7M | −$34.5M | — | −18.22% |
| Q1 2020 | 2020-03-31 | $11.2M | $30.4M | — | +7.61% |
| Q4 2019 | 2019-12-31 | $42.0M | $15.0M | +55.60% | +24.43% |
| Q3 2019 | 2019-09-30 | $18.2M | $3.9M | +27.07% | +13.90% |
| Q2 2019 | 2019-06-30 | $8.8M | $14.3M | — | +7.84% |
| Q1 2019 | 2019-03-31 | −$19.2M | −$36.2M | — | −16.61% |
| Q4 2018 | 2018-12-31 | $27.0M | $4.0M | +17.43% | +23.50% |
| Q3 2018 | 2018-09-30 | $14.3M | $11.0M | +336.97% | +13.65% |
| Q2 2018 | 2018-06-30 | −$5.5M | $3.7M | — | −5.58% |
| Q1 2018 | 2018-03-31 | $17.0M | $25.9M | — | +16.78% |
| Q4 2017 | 2017-12-31 | $23.0M | $25.4M | — | +24.27% |
| Q3 2017 | 2017-09-30 | $3.3M | −$7.0M | −68.05% | +3.63% |
| Q2 2017 | 2017-06-30 | −$9.2M | −$11.8M | — | −11.61% |
| Q1 2017 | 2017-03-31 | −$9.0M | −$14.8M | — | −11.30% |
| Q4 2016 | 2016-12-31 | −$2.4M | −$16.4M | — | −2.98% |
| Q3 2016 | 2016-09-30 | $10.3M | −$7.0M | −40.66% | +14.26% |
| Q2 2016 | 2016-06-30 | $2.6M | $5.9M | — | +4.36% |
| Q1 2016 | 2016-03-31 | $5.8M | −$6.8M | −53.81% | +10.47% |
| Q4 2015 | 2015-12-31 | $14.0M | $1.6M | +13.05% | +24.92% |
| Q3 2015 | 2015-09-30 | $17.3M | $1.4M | +9.12% | +34.29% |
| Q2 2015 | 2015-06-30 | −$3.4M | −$4.6M | — | −7.25% |
| Q1 2015 | 2015-03-31 | $12.6M | $9.1M | +258.42% | +28.11% |
| Q4 2014 | 2014-12-31 | $12.4M | $3.6M | +41.52% | +26.39% |
| Q3 2014 | 2014-09-30 | $15.8M | $5.3M | +50.38% | +35.70% |
| Q2 2014 | 2014-06-30 | $1.2M | −$6.0M | −83.04% | +3.31% |
| Q1 2014 | 2014-03-31 | $3.5M | −$625,584 | −15.12% | +9.70% |
| Q4 2013 | 2013-12-31 | $8.7M | $5.9M | +212.92% | +21.81% |
| Q3 2013 | 2013-09-30 | $10.5M | $939,895 | +9.80% | +29.91% |
| Q2 2013 | 2013-06-30 | $7.2M | −$2.2M | −23.05% | +22.53% |
| Q1 2013 | 2013-03-31 | $4.1M | $751,176 | +22.19% | +13.59% |
| Q4 2012 | 2012-12-31 | $2.8M | $375,303 | +15.54% | +8.69% |
| Q3 2012 | 2012-09-30 | $9.6M | $4.6M | +92.89% | +33.32% |
| Q2 2012 | 2012-06-30 | $9.4M | $5.4M | +135.78% | +33.38% |
| Q1 2012 | 2012-03-31 | $3.4M | −$645,930 | −16.02% | +13.20% |
| Q4 2011 | 2011-12-31 | $2.4M | $2.8M | — | — |
| Q3 2011 | 2011-09-30 | $5.0M | — | — | +20.39% |
| Q2 2011 | 2011-06-30 | $4.0M | — | — | +18.85% |
| Q1 2011 | 2011-03-31 | $4.0M | — | — | — |
| Q3 2010 | 2010-09-30 | −$430,846 | — | — | — |
Axon Enterprise free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$34.1M to $75.1M, a net increase of $109.2M. Axon Enterprise's latest reported quarter, Q2 2026, generated −$972,000 in free cash flow, an increase of $113.7M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Axon Enterprise filings at SEC.gov ↗