Capital Expenditures for Axon Enterprise (AXON)
According to Axon Enterprise's latest reported financial statements, the company's current capital expenditures (TTM) is $136.26M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

AXON
Currently viewingCapital ExpendituresSwitch metric
Latest period
$136.26M
YoY change
+72.9%
5Y CAGR
+13.3%
Peak year (2025)
$136.26M
Cumulative capital expenditures
$572.99M
CapEx history chart for Axon Enterprise (AXON) from 2000 to 2025
CapEx history table for Axon Enterprise (AXON) from 2000 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $136.26M | +72.9% | ||
| 2024 | $78.78M | +32.1% | ||
| 2023 | $59.63M | +6.3% | ||
| 2022 | $56.11M | +11.6% | ||
| 2021 | $50.28M | -31.0% | ||
| 2020 | $72.87M | +345.9% | ||
| 2019 | $16.34M | +39.7% | ||
| 2018 | $11.70M | +2.2% | ||
| 2017 | $11.44M | +35.4% | ||
| 2016 | $8.45M | +30.0% | ||
| 2015 | $6.50M | +142.0% | ||
| 2014 | $2.69M | +27.6% | ||
| 2013 | $2.11M | +19.5% | ||
| 2012 | $1.76M | -22.3% | ||
| 2011 | $2.27M | -49.6% | ||
| 2010 | $4.50M | -68.2% | ||
| 2009 | $14.18M | +105.8% | ||
| 2008 | $6.89M | +52.4% | ||
| 2007 | $4.52M | +118.5% | ||
| 2006 | $2.07M | -73.5% | ||
| 2005 | $7.81M | -31.0% | ||
| 2004 | $11.32M | +210.1% | ||
| 2003 | $3.65M | +865.9% | ||
| 2002 | $377,992 | +2.7% | ||
| 2001 | $368,140 | +269.0% | ||
| 2000 | $99,759 | — |
CapEx values are taken from Axon Enterprise's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Axon Enterprise (AXON) most recent annual capital expenditures stands at $136.26M (2025) – surged 72.9% year-over-year.
Across 2020–2025 (5 years), Axon Enterprise capital expenditures produced a CAGR of +13.3% – sustaining 4 straight years of year-over-year growth.
2025 marks the peak capital expenditures at $136.26M, with the historical low of $99,759 recorded in 2000.
Within Industrials, Axon Enterprise (AXON) ranks 8th among 8 peers we track. The peer median for capital expenditures is $2.05B.
Axon Enterprise Capital Expenditures by Year
Axon Enterprise Capital Expenditures 2025: $136.26M
Axon Enterprise capital expenditures in 2025 was $136.26M, surged 72.9% from 2024. This figure represents the highest annual value in the available history.
Axon Enterprise Capital Expenditures 2024: $78.78M
Axon Enterprise capital expenditures in 2024 was $78.78M, surged 32.1% from 2023.
Axon Enterprise Capital Expenditures 2023: $59.63M
Axon Enterprise capital expenditures in 2023 was $59.63M, grew 6.3% from 2022.
Axon Enterprise Capital Expenditures 2022: $56.11M
Axon Enterprise capital expenditures in 2022 was $56.11M, grew 11.6% from 2021.
Axon Enterprise Capital Expenditures 2021: $50.28M
Axon Enterprise capital expenditures in 2021 was $50.28M.
See more financial history for Axon Enterprise (AXON).
Sector peers — CapEx
Companies in the same sector as Axon Enterprise, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is Axon Enterprise's capital expenditures?
- Latest reported capital expenditures for Axon Enterprise (AXON) is $136.26M (period ending December 31, 2025).
How has Axon Enterprise capital expenditures changed year-over-year?
- Axon Enterprise (AXON) capital expenditures changed +72.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Axon Enterprise capital expenditures?
- Axon Enterprise (AXON) capital expenditures compound annual growth rate is +13.3% over the most recent 5 years available.
When did Axon Enterprise capital expenditures hit its highest annual value?
- Axon Enterprise capital expenditures reached its highest annual value of $136.26M in 2025.
What was Axon Enterprise capital expenditures in 2024?
- Axon Enterprise (AXON) capital expenditures in 2024 was $78.78M.
What was Axon Enterprise capital expenditures in 2025?
- Axon Enterprise (AXON) capital expenditures in 2025 was $136.26M.
Metrics overview
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