Axon Enterprise, Inc. — Cash Flow Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow↓-13.2% -$33M
$217M
Free Cash Flow↓-31.0% -$70M
$155M
Investing Cash Flow↑+1270.4% +$547M
$590M
Financing Cash Flow
$159M
Capex↑+149.2% +$37M
$62M
Acquisitions↑+62.5% +$240M
$624M
Stock Buybacks
—
Stock-Based Comp↑+59.4% +$78M
$209M
Debt Repaid
—
D&A↑+52.4% +$9M
$27M
SBC Allocated Expense↑+59.4% +$78M
$209M
SBC Unrecognized Cost
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