Axon Enterprise, Inc
AXON Industrials Aerospace & Defense
Axon Enterprise, Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 33.5% from fiscal 2024. In the quarter to June 2026, revenue grew 35.3%, EPS fell 19.6%, free cash flow grew 99.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.
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Axon Enterprise, Inc (AXON) Operating cash flow
Axon Enterprise, Inc's operating cash flow for fiscal 2025 was $211.3M, down 48.2% from $408.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was $265.8M. Over the past ten years it has ranged from $18.5M (fiscal 2017) to $408.3M (fiscal 2024); the current reading is higher than 82% of that period. Axon Enterprise, Inc ranks 24th of 82 Aerospace & Defense companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $211.3M | (48.24%) |
| FY2024 | $408.3M | 115.74% |
| FY2023 | $189.3M | (19.59%) |
| FY2022 | $235.4M | 89.05% |
| FY2021 | $124.5M | 223.52% |
| FY2020 | $38.5M | (41.41%) |
| FY2019 | $65.7M | 2.81% |
| FY2018 | $63.9M | 245.81% |
| FY2017 | $18.5M | (12.60%) |
| FY2016 | $21.1M | (54.49%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $20.1M | — |
| Mar 2026 | −$31.5M | — |
| Dec 2025 | $217.2M | 261.97% |
| Sep 2025 | $60.0M | — |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| LHX L3Harris Technologies Inc compare | $3.3B |
| TDG Transdigm Group Incorporated compare | $2.2B |
| HEI Heico Corporation compare | $1.1B |
| HEI.A Heico Corporation compare | $1.1B |
| ESLT Elbit Systems Ltd. compare | $992.2M |
| CW Curtiss-Wright Corporation compare | $721.1M |
| WWD Woodward, Inc. compare | $585.3M |
| AXON Axon Enterprise, Inc | $265.8M |
| RKLB Rocket Lab Corporation compare | −$222.5M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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