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Saturday 17 October 2026 Export AXON’s income statement to Excel — free account

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.

390.29 26.90 −6.45%
Market cap
$33.9B
P/E
157×
Fwd P/E
136×
Dividend yield
—
F-score
5/9
Altman Z
8.02
Beneish M
−2.18
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Axon Enterprise, Inc (AXON) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Axon Enterprise, Inc (AXON) trades at a price to free cash flow of 238×. Over the past ten years it has ranged from 0.0× (March 2021) to 2,297× (June 2021); the current reading is higher than 84% of that period. That is above the Aerospace & Defense industry median of 32.0× and above the Industrials sector median of 20.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 599× 336.95%
FY2024 137× (5.74%)
FY2023 145× 117.89%
FY2022 66.7× (52.32%)
FY2021 140× —
FY2020 0.0× —
FY2019 87.9× 85.96%
FY2018 47.3× (76.18%)
FY2017 199× 95.13%
FY2016 102× 339.32%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 342× (81.45%)
Mar 2026 1,842× 207.60%
Dec 2025 599× 53.22%
Sep 2025 391× 6.19%
42 more quarters

Against its own ten years

Low 0.0× High 2,297×
Ten-year median 115×
Current reading's percentile 84

Price to free cash flow against peers

Company Price to free cash flow
RKLB Rocket Lab Corporation compare n/m
LHX L3Harris Technologies Inc compare 16.5×
CW Curtiss-Wright Corporation compare 29.2×
HEI.A Heico Corporation compare 31.6×
TDG Transdigm Group Incorporated compare 33.9×
HEI Heico Corporation compare 42.0×
ESLT Elbit Systems Ltd. compare 51.7×
WWD Woodward, Inc. compare 51.9×
AXON Axon Enterprise, Inc 238×
Aerospace & Defense industry median 32.0×
Industrials sector median 20.1×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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