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.

Revenue
+27.9%
EPS
+2,433.3%
Free cash flow
+99.2%
Total debt
+0.19%

Quarter to September 2026, against a year earlier

385.55 38.63 −9.11%
Market cap
$31.1B
P/E
120×
Fwd P/E
123×
Dividend yield
—
F-score
5/9
Altman Z
8.02
Beneish M
−2.18
Dividend safety
n/a

Axon Enterprise, Inc (AXON) Operating cash flow

Alert me on 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 September 2026 it was $225.5M. 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 26th of 89 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
Sep 2026 $19.7M (1.94%)
Jun 2026 $20.1M —
Mar 2026 −$31.5M —
Dec 2025 $217.2M 261.97%
43 more quarters

Against its own ten years

Low $18.5M High $408.3M
Ten-year median $65.7M
Current reading's percentile 82

Operating cash flow against peers

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

The full definition of Operating cash flow →

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