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Axon Enterprise (AXON) Cash Flow Waterfall

Trace Axon Enterprise's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$154.03M

Capex

−$134.52M

Free Cash Flow

$19.51M

FCF Margin

+12.7%

Cash flow waterfall for Axon Enterprise (AXON) — TTM through Q1 2026

Free cash flow: $19.51M

Cash flow breakdown for Axon Enterprise (AXON) — TTM through Q1 2026

  • Operating Cash Flow$154.03M
  • Capital Expenditure−$134.52M
  • Free Cash Flow$19.51M
  • Acquisitions−$1.20B
  • Other Investing$691.43M
  • Net Debt Change−$283.05M
  • Other Financing$130.00M
  • Forex Effect$5.08M
  • Net Cash Decrease−$633.59M
Want to see what drove the FCF change?Free Cash Flow Bridge

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