FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

AXON
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 77% to $75.1M, and covered net income 0.60×.

CASH FROM OPS -48.2%
211 7.6% MGN
CAPITAL EXPENDITURE +72.9%
136
FREE CASH FLOW -77.2%
75
FCF / NET INCOME -31.1%
0.60× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
29 1 -2 -56 147 176 377 125 -66.9% 199 2024-09-30 · $67.0M2024-12-31 · $135.2M2025-03-31 · $88.0M2025-06-30 · $36.1M2025-09-30 · -$2.2M2025-12-31 · $2.7M2026-03-31 · $169.3M2026-06-30 · $29.4M
Depreciation & amortization
11 11 12 19 23 19 48 83 +71.7% 109
Stock-based comp
22 78 134 303 106 131 383 634 +65.8% 633
Cash from operations
64 66 38 124 235 189 408 211 -48.2% 266 2024-09-30 · $91.3M2024-12-31 · $250.2M2025-03-31 · $25.8M2025-06-30 · -$91.7M2025-09-30 · $60.0M2025-12-31 · $217.2M2026-03-31 · -$31.5M2026-06-30 · $20.1M
Cash conversion
NOT DISCLOSED
2.19× 74.46× — — 1.60× 1.08× 1.08× 1.70× +56.6% 1.33×
Capital expenditures
(11) (16) (73) (50) (56) (60) (79) (136) +72.9% (133)
Free cash flow
53 50 -34 75 180 130 330 75 -77.2% 133 2024-09-30 · $64.8M2024-12-31 · $225.4M2025-03-31 · $932.0K2025-06-30 · -$114.7M2025-09-30 · $33.4M2025-12-31 · $155.4M2026-03-31 · -$54.6M2026-06-30 · -$972.0K
FCF margin
12.6% 9.4% -5.0% 8.6% 15.1% 8.3% 15.8% 2.7% -82.9% 4.1%
Cash from investing
-10 -241 -357 253 -831 12 -491 -725 — -102
Share repurchases
NOT DISCLOSED
0 — — — — — — — — —
Debt repayment
NOT DISCLOSED
— — — — — 0 0 609 — 283
Cash from financing
219 -4 299 -174 598 41 -45 1,252 — -179
Net change in cash
273 -179 -17 201 -1 245 -134 747 — -18
Ending cash balance
349 172 155 356 354 599 455 1,201 +164.1% 598

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SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM330 CASH FROM OPERATIONS-197 CAPITAL EXPENDITURES-57 ROUNDING-1 TO75
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗