Axon Enterprise Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Axon Enterprise free cash flow
In fiscal 2025, Axon Enterprise generated $211.3 million of operating cash flow and spent $136.3 million on capital expenditures. That left free cash flow of $75.1 million, a free-cash-flow margin of 2.7% of revenue. Free cash flow was down 77.2% from the prior year's $329.5 million.
Summary generated from market data by MetaCap's automated system. Methodology
Axon Enterprise cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 124.66M | 377.03M | 175.78M | 146.93M | -60.02M | -1.72M | 882.00K | 29.20M | 5.21M | 17.30M |
| Net Income growth (YoY) | -66.94% | +114.49% | +19.64% | — | — | -295.46% | -96.98% | +460.88% | -69.90% | -13.22% |
| Depreciation & Amortization | 83.16M | 48.42M | 19.32M | 23.12M | 18.69M | 12.47M | 11.36M | 10.62M | 8.04M | 3.66M |
| Stock-Based Compensation | 634.23M | 382.60M | 131.36M | 106.18M | 303.33M | 133.57M | 78.50M | 21.88M | 15.61M | 9.37M |
| Change in Working Capital | 23.82M | 173.15M | 54.17M | 97.56M | 202.64M | 21.87M | 24.08M | 82.55M | 29.52M | 34.03M |
| Operating Cash Flow | 211.34M | 408.31M | 189.26M | 235.36M | 124.49M | 38.48M | 65.67M | 63.88M | 18.47M | 21.14M |
| Capital Expenditures | -136.26M | -78.78M | -59.63M | -55.80M | -49.89M | -72.63M | -15.94M | -11.14M | -10.42M | -4.96M |
| Investing Cash Flow | -724.93M | -490.57M | 12.48M | -830.97M | 252.56M | -356.53M | -240.74M | -9.86M | 19.08M | -3.04M |
| Share Repurchases | — | — | — | — | — | — | — | 0 | 0 | -33.75M |
| Debt Issued | 1.75B | 0 | 0 | — | — | — | — | — | — | — |
| Debt Repaid | — | — | — | — | — | — | — | — | 0 | -75.00K |
| Financing Cash Flow | 1.25B | -45.44M | 41.31M | 598.10M | -174.18M | 299.26M | -3.94M | 219.35M | -3.82M | -34.55M |
| Net Change in Cash | 746.63M | -133.91M | 245.12M | -886.00K | 200.89M | -16.80M | -178.67M | 272.59M | 34.47M | -15.56M |
| Free Cash Flow | 75.08M | 329.53M | 129.63M | 179.56M | 74.61M | -34.15M | 49.73M | 52.74M | 8.05M | 16.18M |
This table shows 10 annual periods of Axon Enterprise's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AXON's reporting calendar. What is a cash flow statement?