Axon Enterprise Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $41.5M | $133.4M | $57.1M | $61.3M | $11.5M | $45.9M | $29.0M | $12.1M |
| Depreciation & Amortization | $10.4M | $7.4M | $6.5M | $-1.3M | $7.5M | $6.7M | $4.9M | $6.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $3.9M | $3.0M | $1.2M | $1.3M | $1.0M | $1.0M | — | — |
| Stock-Based Compensation | $74.8M | $75.1M | $35.1M | $30.0M | $31.9M | $34.4M | $31.7M | $28.2M |
| Net Cash from Operating Activities | $82.8M | $-15.9M | $140.0M | $62.9M | $42.7M | $-56.3M | $131.1M | $40.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.3M | $16.2M | $24.0M | $14.0M | $13.1M | $8.5M | $11.6M | $14.4M |
| Business Acquisitions | $25.0K | $237.8M | — | — | — | — | — | — |
| Net Cash from Investing Activities | $82.1M | $-174.0M | $53.2M | $-122.0M | $153.9M | $-72.7M | $-529.0M | $-103.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-2.2M | $-2.7M | $-3.8M | $-7.1M | $14.3M | $38.0M | $600.6M | $-72.0K |
| Net Change in Cash | $162.6M | $-194.7M | $192.7M | $-68.2M | $210.9M | $-90.2M | $206.1M | $-65.3M |
| Free Cash Flow | $71.4M | $-32.1M | $116.0M | $48.9M | $29.5M | $-64.8M | $119.5M | $26.5M |