A multi-axis prosthetic ankle for connection of a prosthetic lower leg to a prosthetic foot. A substantially hollow prosthetic foot connection component includes a receiving cavity for receiving a portion of a lower leg connection component. A retainer or retainer assembly is preferably installed into the receiving cavity to help retain the lower leg connection component therein. Once the necessary components are in place, the remainder of the receiving cavity is substantially filled with an elastomeric material. An external bearing may reside atop the elastomeric material and act in conjunction with the elastomeric material to control ankle flexion.