Axon Enterprise Inc. (AXON) — Cash Flow Quality Index

Latest as of March 2026: -0.19x

Axon Enterprise Inc. (AXON) has a Cash Flow Quality Index of -0.19x as of March 2026. Operating cash flow of $-31.52 Million is below net income of $169.31 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AXON long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.19x
Operating CF / Net Income

Operating Cash Flow

$-31.52 Million
USD

Net Income

$169.31 Million
USD

Data as of

Mar 2026
Most recent filing

Axon Enterprise Inc. Cash Flow Quality Index (2001–2025)

Historical Cash Flow Quality Index for Axon Enterprise Inc. across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Axon Enterprise Inc. to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Axon Enterprise Inc. (2001–2025)

Year-by-year earnings quality comparison for Axon Enterprise Inc.. For live market cap and the full company financial profile, see AXON market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.70x $211.34 Million $124.66 Million ▲ +56.6%
2024 1.08x $408.31 Million $377.03 Million ▼ -0.3%
2023 1.09x $189.26 Million $174.23 Million ▼ -32.1%
2022 1.60x $235.36 Million $147.14 Million ▼ -97.9%
2019 74.46x $65.67 Million $882.00K ▲ +3304.4%
2018 2.19x $63.88 Million $29.20 Million ▼ -38.4%
2017 3.55x $18.49 Million $5.21 Million ▲ +242.7%
2016 1.04x $17.93 Million $17.30 Million ▼ -55.5%
2015 2.33x $46.45 Million $19.93 Million ▲ +31.0%
2014 1.78x $35.43 Million $19.92 Million ▲ +8.6%
2013 1.64x $32.43 Million $19.79 Million ▼ -8.9%
2012 1.80x $26.52 Million $14.74 Million ▼ -95.1%
2009 36.72x $10.15 Million $276.37K ▲ +1545.2%
2008 2.23x $8.12 Million $3.64 Million ▲ +140.9%
2007 0.93x $13.92 Million $15.03 Million ▼ -7.8%
2005 1.00x $1.07 Million $1.06 Million ▼ -36.6%
2004 1.58x $30.30 Million $19.12 Million ▲ +61.6%
2003 0.98x $4.37 Million $4.45 Million ▲ +124.5%
2002 -3.99x $-834.51K $208.90K ▼ -270.8%
2001 -1.08x $-554.89K $515.03K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.