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

Latest as of June 2026: 0.68x

Axon Enterprise Inc. (AXON) has a Cash Flow Quality Index of 0.68x as of June 2026. Operating cash flow of $20.08 Million is below net income of $29.43 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Axon Enterprise Inc. cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.68x
Operating CF / Net Income

Operating Cash Flow

$20.08 Million
USD

Net Income

$29.43 Million
USD

Data as of

Jun 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. For the full cash flow conversion analysis, see Axon Enterprise Inc. operating cash flow efficiency.

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

Year-by-year earnings quality comparison for Axon Enterprise Inc..

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.