Axos Financial (AX) Financials

$87.79 -0.02 (-0.02%)

Closing price 06/5/2026 03:59 PM Eastern

Extended Trading

$87.80 +0.01 (+0.01%)

As of 03:59 AM Eastern

Annual Income Statements for Axos Financial

This table shows Axos Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	82	119	134	152	155	183	216	241	307	450	433
Consolidated Net Income / (Loss)	83	119	135	152	155	183	216	241	307	450	433
Net Income / (Loss) Continuing Operations	83	119	135	152	155	183	216	241	307	450	433
Total Pre-Tax Income	141	205	233	240	213	263	306	340	432	635	613
Total Revenue	230	327	381	439	491	581	644	721	904	1,184	1,259
Net Interest Income / (Expense)	199	261	313	368	409	478	539	607	783	961	1,128
Total Interest Income	244	318	387	475	565	623	618	660	1,157	1,656	1,815
Loans and Leases Interest Income	220	291	359	447	525	583	584	627	1,049	1,500	1,655
Investment Securities Interest Income	24	27	28	28	40	40	33	33	108	156	161
Total Interest Expense	45	57	74	107	156	145	79	53	374	694	688
Deposits Interest Expense	35	43	56	80	117	127	61	34	339	671	668
Long-Term Debt Interest Expense	-	-	0.00	0.00	0.75	0.68	1.50	1.12	3.67	2.21	1.83
Federal Funds Purchased and Securities Sold Interest Expense	8.91	11	12	23	33	12	4.67	4.63	13	3.09	1.65
Other Interest Expense	1.78	2.85	5.16	3.88	5.62	5.65	12	13	18	18	16
Total Non-Interest Income	31	66	68	71	83	103	105	113	120	223	131
Other Service Charges	27	50	61	65	77	96	105	84	92	99	99
Net Realized & Unrealized Capital Gains on Investments	3.78	16	7.19	5.56	6.05	6.87	-	0.00	0.00	92	0.00
Investment Banking Income	-	-	-	-	-	0.00	0.00	29	28	31	32
Provision for Credit Losses	11	9.70	11	26	27	42	24	24	24	33	56
Total Non-Interest Expense	77	113	138	174	251	276	315	357	448	516	590
Salaries and Employee Benefits	44	67	82	101	127	144	153	167	204	251	298
Net Occupancy & Equipment Expense	9.72	15	19	23	33	43	54	64	76	86	98
Marketing Expense	6.06	6.87	9.37	16	15	15	14	14	37	43	48
Other Operating Expenses	15	20	21	25	60	50	69	87	107	109	117
Depreciation Expense	3.27	4.80	6.09	8.57	16	24	24	25	23	27	29
Income Tax Expense	58	86	98	87	58	79	90	99	125	185	180
Basic Earnings per Share	$1.35	$1.87	$2.11	$2.41	$2.50	$3.01	$3.64	$4.04	$5.15	$7.82	$7.61
Weighted Average Basic Shares Outstanding	59.94M	62.91M	63.36M	63.06M	61.24M	59.51M	59.36M	59.97M	59.98M	56.89M	56.49M
Diluted Earnings per Share	$1.34	$1.87	$2.10	$2.37	$2.48	$2.98	$3.56	$3.97	$5.07	$7.66	$7.43
Weighted Average Diluted Shares Outstanding	59.94M	62.91M	63.36M	63.06M	61.24M	59.51M	59.36M	59.97M	59.98M	56.89M	56.49M
Weighted Average Basic & Diluted Shares Outstanding	59.94M	62.91M	63.36M	63.06M	61.24M	59.51M	59.36M	59.97M	59.98M	56.89M	56.49M

This table shows Axos Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	83	152	111	105	112	105	105	111	112	128	125
Consolidated Net Income / (Loss)	83	152	111	105	112	105	105	111	112	128	125
Net Income / (Loss) Continuing Operations	83	152	111	105	112	105	105	111	112	128	125
Total Pre-Tax Income	118	217	156	144	159	150	148	156	150	176	165
Total Revenue	246	353	295	291	321	308	309	321	323	385	392
Net Interest Income / (Expense)	211	229	262	260	292	280	275	280	291	332	306
Total Interest Income	364	395	444	453	484	456	433	442	466	514	478
Loans and Leases Interest Income	327	358	405	409	438	411	395	411	430	478	453
Investment Securities Interest Income	37	37	38	44	46	45	38	32	36	36	25
Total Interest Expense	153	166	182	193	192	176	157	162	175	182	172
Deposits Interest Expense	146	160	177	188	187	171	153	157	169	167	152
Long-Term Debt Interest Expense	0.45	1.01	0.38	0.38	0.54	0.48	0.33	0.48	0.29	0.27	0.20
Federal Funds Purchased and Securities Sold Interest Expense	0.53	0.53	0.74	1.29	0.53	0.51	0.31	0.31	0.31	0.31	6.77
Other Interest Expense	5.71	4.34	4.11	4.15	3.88	4.12	3.93	4.53	4.72	14	13
Total Non-Interest Income	35	124	33	31	29	28	33	41	32	53	86
Other Service Charges	26	24	25	23	21	20	25	34	24	45	77
Investment Banking Income	8.22	7.36	8.11	7.65	7.95	7.98	8.12	7.75	8.53	8.83	9.40
Provision for Credit Losses	7.00	14	6.00	6.00	14	12	15	15	17	25	41
Total Non-Interest Expense	121	122	133	141	147	145	146	151	156	185	186
Salaries and Employee Benefits	56	59	67	69	74	74	75	75	77	82	82
Net Occupancy & Equipment Expense	20	22	22	21	23	24	26	25	27	27	29
Marketing Expense	10	9.79	10	12	14	11	11	11	12	13	13
Other Operating Expenses	29	24	26	31	28	30	27	32	32	39	40
Depreciation Expense	5.88	6.49	7.22	7.50	7.45	7.03	6.85	7.69	8.34	23	22
Income Tax Expense	36	66	45	40	47	46	43	45	38	47	41
Basic Earnings per Share	$1.40	$2.65	$1.94	$1.83	$1.97	$1.83	$1.84	$1.97	$1.99	$2.27	$2.20
Weighted Average Basic Shares Outstanding	57.73M	56.90M	56.97M	56.89M	57.09M	57.10M	56.37M	56.49M	56.64M	56.68M	56.88M
Diluted Earnings per Share	$1.38	$2.62	$1.91	$1.75	$1.93	$1.80	$1.81	$1.89	$1.94	$2.22	$2.15
Weighted Average Diluted Shares Outstanding	57.73M	56.90M	56.97M	56.89M	57.09M	57.10M	56.37M	56.49M	56.64M	56.68M	56.88M
Weighted Average Basic & Diluted Shares Outstanding	57.73M	56.90M	56.97M	56.89M	57.09M	57.10M	56.37M	56.49M	56.64M	56.68M	56.88M

This table details how cash moves in and out of Axos Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Change in Cash & Equivalents	67	264	157	-21	235	1,093	-913	537	807	-196	-9.42
Net Cash From Operating Activities	116	167	198	168	204	284	413	217	197	305	490
Net Cash From Continuing Operating Activities	116	167	198	168	204	284	413	217	197	305	490
Net Income / (Loss) Continuing Operations	83	119	135	152	155	183	216	241	307	450	433
Consolidated Net Income / (Loss)	83	119	135	152	155	183	216	241	307	450	433
Provision For Loan Losses	11	9.70	11	26	43	42	24	24	24	33	56
Depreciation Expense	3.27	4.80	6.09	8.57	16	24	24	25	23	27	29
Amortization Expense	-5.54	-4.25	-7.42	-30	-30	-24	4.75	3.93	-1.62	-58	-108
Non-Cash Adjustments to Reconcile Net Income	38	43	49	30	16	4.66	40	26	-12	-24	1.65
Changes in Operating Assets and Liabilities, net	-14	-5.45	4.66	-19	4.13	54	104	-103	-144	-122	79
Net Cash From Investing Activities	-1,374	-1,538	-789	-1,026	-932	-1,348	-867	-2,783	-2,399	-2,589	-1,841
Net Cash From Continuing Investing Activities	-1,374	-1,538	-789	-1,026	-932	-1,348	-867	-2,783	-2,399	-2,589	-1,841
Purchase of Investment Securities	-108	-500	-709	-146	-442	-545	-277	-3,084	-2,587	-2,741	-2,384
Sale and/or Maturity of Investments	1,977	2,545	3,989	5,086	6,282	5,771	5,171	301	188	152	543
Net Cash From Financing Activities	1,325	1,634	747	837	962	2,157	-459	3,103	3,010	2,087	1,341
Net Cash From Continuing Financing Activities	1,325	1,634	747	837	962	2,157	-459	3,103	3,010	2,087	1,341
Net Change in Deposits	1,410	1,592	855	1,086	998	2,354	-521	3,131	3,177	2,236	1,470
Issuance of Debt	734	60	0.00	-173	7.40	-9.05	175	39	-84	-27	0.00
Repayment of Debt	-901	-35	-102	-30	23	-140	-80	-52	-28	-8.94	-43
Repurchase of Common Equity	-	0.00	0.00	-35	-56	-39	-17	0.00	-49	-96	-58
Other Financing Activities, Net	6.31	-3.46	-6.10	-9.95	-9.92	-7.46	-11	-14	-6.14	-16	-28
Cash Interest Paid	46	56	74	106	153	145	78	50	368	699	687
Cash Income Taxes Paid	68	89	102	80	64	80	93	100	131	201	154

This table details how cash moves in and out of Axos Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	32	-650	582	-160	618	-130	-416	-81	709	-1,545	11
Net Cash From Operating Activities	34	119	115	44	71	163	74	183	118	104	42
Net Cash From Continuing Operating Activities	34	119	115	44	71	163	74	183	118	104	42
Net Income / (Loss) Continuing Operations	83	152	111	105	112	105	105	111	112	128	125
Consolidated Net Income / (Loss)	83	152	111	105	112	105	105	111	112	128	125
Provision For Loan Losses	7.00	14	6.00	6.00	14	12	15	15	17	25	41
Depreciation Expense	5.88	6.49	7.22	7.50	7.45	7.03	6.85	7.69	8.34	23	22
Amortization Expense	-3.10	-8.91	-26	-20	-37	-21	-24	-25	-22	-39	-15
Non-Cash Adjustments to Reconcile Net Income	20	-72	-30	59	14	-14	9.24	-7.87	48	15	5.44
Changes in Operating Assets and Liabilities, net	-78	28	47	-114	-40	74	-38	83	-46	-48	-136
Net Cash From Investing Activities	-506	-1,236	-419	-434	-46	-269	-678	-849	-1,033	-2,384	-881
Net Cash From Continuing Investing Activities	-506	-1,236	-419	-434	-46	-269	-678	-849	-1,033	-2,384	-881
Purchase of Investment Securities	-509	-1,244	-8.44	-1,865	-97	-509	-704	-1,074	-1,125	-2,447	-944
Sale and/or Maturity of Investments	2.23	8.65	2,330	-6,609	52	240	27	225	91	63	63
Net Cash From Financing Activities	504	467	887	230	593	-24	188	584	1,624	735	849
Net Cash From Continuing Financing Activities	504	467	887	230	593	-24	188	584	1,624	735	849
Net Change in Deposits	443	638	900	256	614	-38	202	693	1,435	968	-845
Issuance of Debt	86	-107	-6.00	27	0.00	45	19	-64	200	-	1,773
Repayment of Debt	0.00	-	-4.21	-32	-12	-30	-	-1.37	-2.55	-231	-71
Other Financing Activities, Net	-6.08	-0.17	-2.13	-7.81	-9.48	-0.29	-6.33	-12	-8.47	-2.32	-8.42
Cash Interest Paid	152	171	179	197	192	175	157	163	173	181	169
Cash Income Taxes Paid	53	32	60	57	40	49	52	12	80	14	8.44

This table presents Axos Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Total Assets	5,824	7,599	8,502	9,540	11,220	13,852	14,266	17,401	20,348	22,855	24,783
Cash and Due from Banks	223	487	628	623	511	1,756	716	1,203	2,233	1,980	1,934
Restricted Cash	-	-	-	0.00	346	194	322	372	149	206	243
Trading Account Securities	397	472	273	180	372	410	808	603	367	209	206
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Loans Held for Sale	5,032	6,409	7,400	8,470	9,420	97	42	16	24	16	10
Intangible Assets	-	-	0.00	68	135	125	116	156	152	142	135
Other Assets	164	217	169	199	436	11,269	12,261	15,051	17,423	20,302	22,256
Total Liabilities & Shareholders' Equity	5,824	7,599	8,502	9,540	11,220	13,852	14,266	17,401	20,348	22,855	24,783
Total Liabilities	5,290	6,916	7,667	8,579	10,147	12,621	12,865	15,758	18,431	20,565	22,102
Non-Interest Bearing Deposits	309	589	849	1,015	1,442	1,937	2,474	5,034	2,898	2,976	3,041
Interest Bearing Deposits	4,143	5,455	6,051	6,970	7,541	9,400	8,341	8,912	14,225	16,384	17,789
Short-Term Debt	35	35	20	0.00	239	348	535	512	445	301	351
Long-Term Debt	758	783	694	512	826	734	1,304	1,037	612	490	512
Other Long-Term Liabilities	44	52	52	82	100	203	210	263	251	415	410
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	534	684	834	961	1,073	1,231	1,401	1,643	1,917	2,291	2,681
Total Preferred & Common Equity	534	684	834	961	1,073	1,231	1,401	1,643	1,917	2,291	2,681
Total Common Equity	528	684	834	961	1,073	1,231	1,401	1,643	1,917	2,291	2,681
Common Stock	297	332	347	367	391	413	433	454	481	511	550
Retained Earnings	266	385	519	671	826	1,009	1,188	1,428	1,736	2,186	2,619
Treasury Stock	-25	-31	-37	-82	-149	-195	-223	-237	-292	-403	-488
Accumulated Other Comprehensive Income / (Loss)	-9.40	-7.30	0.49	-0.61	0.02	-0.94	2.51	-2.93	-6.61	-2.47	0.35

This table presents Axos Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	12/31/2022	3/31/2023	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Total Assets	18,741	19,782	20,825	21,624	22,642	23,569	23,709	23,981	27,432	28,201	29,249
Cash and Due from Banks	1,756	2,324	2,162	1,569	2,130	2,571	2,438	2,001	2,561	1,010	1,168
Restricted Cash	197	180	252	195	216	233	235	256	325	330	183
Trading Account Securities	307	367	97	385	314	223	213	172	241	921	935
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Loans Held for Sale	4.75	8.22	8.01	13	16	15	25	16	12	19	24
Intangible Assets	158	155	150	147	144	139	138	136	206	196	211
Other Assets	16,319	16,748	18,157	19,314	19,822	20,389	20,660	21,400	24,087	25,725	26,728
Total Liabilities & Shareholders' Equity	18,741	19,782	20,825	21,624	22,642	23,569	23,709	23,981	27,432	28,201	29,249
Total Liabilities	16,953	17,938	18,849	19,546	20,446	21,163	21,187	21,377	24,639	25,271	26,184
Non-Interest Bearing Deposits	3,442	3,173	2,875	2,834	2,759	3,056	2,990	2,970	3,387	3,246	3,390
Interest Bearing Deposits	12,248	13,566	14,690	15,370	16,345	16,918	16,945	17,167	18,877	19,987	18,999
Short-Term Debt	421	406	342	369	387	316	310	314	386	359	339
Long-Term Debt	590	539	654	587	540	499	554	549	1,557	1,245	2,966
Other Long-Term Liabilities	252	254	287	386	415	375	389	378	431	435	491
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,788	1,844	1,976	2,078	2,196	2,406	2,522	2,604	2,793	2,930	3,065
Total Preferred & Common Equity	1,788	1,844	1,976	2,078	2,196	2,406	2,522	2,604	2,793	2,930	3,065
Total Common Equity	1,788	1,844	1,976	2,078	2,196	2,406	2,522	2,604	2,793	2,930	3,065
Common Stock	466	474	487	494	503	522	530	541	558	568	584
Retained Earnings	1,568	1,648	1,818	1,970	2,081	2,298	2,403	2,508	2,731	2,859	2,984
Treasury Stock	-240	-272	-323	-382	-385	-413	-413	-446	-496	-499	-507
Accumulated Other Comprehensive Income / (Loss)	-6.95	-5.57	-6.39	-3.92	-3.06	-0.77	3.01	1.11	0.06	1.86	4.46

This table displays calculated financial ratios and metrics derived from Axos Financial's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	43.86%	42.61%	16.50%	15.23%	11.82%	18.16%	10.92%	11.88%	25.41%	31.04%	6.31%
EBITDA Growth	60.86%	48.24%	12.62%	-5.57%	-8.89%	31.94%	27.41%	10.12%	23.07%	33.25%	-11.58%
EBIT Growth	49.42%	45.46%	13.57%	3.01%	-11.22%	23.41%	16.42%	11.19%	27.00%	47.19%	-3.48%
NOPAT Growth	47.76%	44.28%	12.95%	13.11%	1.78%	18.25%	17.59%	11.59%	27.60%	46.50%	-3.80%
Net Income Growth	47.76%	44.28%	12.95%	13.11%	1.78%	18.25%	17.59%	11.59%	27.60%	46.50%	-3.80%
EPS Growth	39.58%	39.55%	12.30%	12.86%	4.64%	20.16%	19.46%	11.52%	27.71%	51.08%	-3.00%
Operating Cash Flow Growth	444.59%	43.76%	18.93%	-15.41%	21.74%	38.99%	45.22%	-47.50%	-9.19%	55.30%	60.51%
Free Cash Flow Firm Growth	128.87%	-164.00%	257.52%	161.37%	-322.76%	101.60%	-8,798.59%	140.62%	81.46%	-34.69%	-108.43%
Invested Capital Growth	-0.32%	13.19%	3.14%	-4.95%	45.20%	8.20%	40.11%	-1.49%	-6.82%	3.61%	14.99%
Revenue Q/Q Growth	9.73%	6.71%	1.57%	2.80%	4.16%	4.00%	1.98%	4.96%	5.11%	4.82%	2.48%
EBITDA Q/Q Growth	13.71%	5.12%	0.76%	-0.48%	4.19%	6.62%	1.38%	1.93%	8.74%	1.66%	1.33%
EBIT Q/Q Growth	11.67%	4.79%	2.01%	-2.21%	2.34%	5.04%	2.49%	1.91%	8.90%	4.50%	1.90%
NOPAT Q/Q Growth	11.29%	4.68%	2.14%	3.09%	2.32%	2.61%	4.33%	1.54%	10.61%	4.05%	1.36%
Net Income Q/Q Growth	11.29%	4.68%	2.14%	3.09%	2.32%	2.61%	4.33%	1.54%	10.61%	4.05%	1.36%
EPS Q/Q Growth	2,133.33%	112.50%	2.44%	2.60%	2.90%	3.11%	4.09%	2.06%	10.22%	4.36%	1.92%
Operating Cash Flow Q/Q Growth	172.83%	34.38%	-15.57%	15.41%	16.05%	-5.22%	10.06%	27.92%	-26.16%	-9.93%	42.56%
Free Cash Flow Firm Q/Q Growth	277.83%	84.94%	175.29%	320.94%	-953.15%	107.95%	-85.01%	-91.12%	120.89%	249.77%	-134.42%
Invested Capital Q/Q Growth	18.54%	-6.29%	-16.32%	-24.28%	-0.32%	-4.67%	7.38%	0.00%	6.64%	-1.35%	2.21%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	60.38%	62.76%	60.67%	49.72%	40.51%	45.23%	51.96%	51.14%	50.19%	51.03%	42.45%
EBIT Margin	61.37%	62.59%	61.02%	54.55%	43.31%	45.23%	47.48%	47.18%	47.78%	53.67%	48.73%
Profit (Net Income) Margin	36.02%	36.44%	35.33%	34.68%	31.57%	31.59%	33.49%	33.41%	33.99%	38.00%	34.39%
Tax Burden Percent	58.70%	58.22%	57.90%	63.58%	72.90%	69.85%	70.55%	70.81%	71.15%	70.81%	70.58%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	41.30%	41.78%	42.10%	36.42%	27.10%	30.15%	29.45%	29.19%	28.85%	29.19%	29.42%
Return on Invested Capital (ROIC)	6.22%	8.44%	8.83%	10.09%	8.60%	8.24%	7.77%	7.49%	9.96%	14.86%	13.07%
ROIC Less NNEP Spread (ROIC-NNEP)	6.22%	8.44%	8.83%	10.09%	8.60%	8.24%	7.77%	7.49%	9.96%	14.86%	13.07%
Return on Net Nonoperating Assets (RNNOA)	12.06%	11.17%	8.92%	6.89%	6.66%	7.68%	8.62%	8.33%	7.29%	6.53%	4.35%
Return on Equity (ROE)	18.29%	19.60%	17.75%	16.98%	15.26%	15.92%	16.39%	15.82%	17.26%	21.39%	17.42%
Cash Return on Invested Capital (CROIC)	6.54%	-3.93%	5.75%	15.17%	-28.27%	0.37%	-25.64%	8.99%	17.02%	11.32%	-0.87%
Operating Return on Assets (OROA)	2.75%	3.05%	2.89%	2.66%	2.05%	2.10%	2.17%	2.15%	2.29%	2.94%	2.58%
Return on Assets (ROA)	1.62%	1.78%	1.67%	1.69%	1.49%	1.46%	1.53%	1.52%	1.63%	2.08%	1.82%
Return on Common Equity (ROCE)	18.08%	19.52%	17.75%	16.98%	15.26%	15.92%	16.39%	15.82%	17.26%	21.39%	17.42%
Return on Equity Simple (ROE_SIMPLE)	15.50%	17.45%	16.15%	15.87%	14.46%	14.90%	15.40%	14.65%	16.02%	19.65%	16.15%
Net Operating Profit after Tax (NOPAT)	83	119	135	152	155	183	216	241	307	450	433
NOPAT Margin	36.02%	36.44%	35.33%	34.68%	31.57%	31.59%	33.49%	33.41%	33.99%	38.00%	34.39%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	25.97%	26.95%	28.88%	31.85%	35.59%	34.72%	34.30%	33.99%	35.15%	32.07%	35.26%
Operating Expenses to Revenue	33.75%	34.45%	36.08%	39.58%	51.12%	47.50%	48.84%	49.52%	49.54%	43.59%	46.84%
Earnings before Interest and Taxes (EBIT)	141	205	233	240	213	263	306	340	432	635	613
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	139	205	231	218	199	263	335	368	454	604	534
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.07	1.63	1.80	2.66	1.56	1.07	1.96	1.30	1.22	1.42	1.60
Price to Tangible Book Value (P/TBV)	3.07	1.63	1.80	2.87	1.78	1.19	2.14	1.44	1.32	1.52	1.68
Price to Revenue (P/Rev)	7.07	3.41	3.94	5.82	3.40	2.27	4.27	2.97	2.58	2.75	3.41
Price to Earnings (P/E)	19.70	9.39	11.19	16.82	10.79	7.19	12.75	8.89	7.59	7.23	9.90
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.08%	10.65%	8.94%	5.94%	9.27%	13.90%	7.84%	11.25%	13.18%	13.82%	10.10%
Enterprise Value to Invested Capital (EV/IC)	1.66	0.96	1.02	1.66	0.88	0.19	1.10	0.66	0.34	0.60	0.84
Enterprise Value to Revenue (EV/Rev)	9.58	4.42	4.13	5.57	3.82	0.77	5.51	2.93	1.11	1.57	2.36
Enterprise Value to EBITDA (EV/EBITDA)	15.86	7.05	6.81	11.20	9.43	1.71	10.61	5.73	2.22	3.08	5.56
Enterprise Value to EBIT (EV/EBIT)	15.61	7.07	6.77	10.21	8.82	1.71	11.61	6.22	2.33	2.93	4.85
Enterprise Value to NOPAT (EV/NOPAT)	26.59	12.14	11.69	16.06	12.10	2.45	16.46	8.78	3.28	4.14	6.87
Enterprise Value to Operating Cash Flow (EV/OCF)	18.93	8.68	7.93	14.58	9.18	1.58	8.60	9.75	5.12	6.09	6.06
Enterprise Value to Free Cash Flow (EV/FCFF)	25.29	0.00	17.97	10.69	0.00	54.81	0.00	7.31	1.92	5.43	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.49	1.20	0.86	0.53	0.99	0.88	1.31	0.94	0.55	0.35	0.32
Long-Term Debt to Equity	1.42	1.15	0.83	0.53	0.77	0.60	0.93	0.63	0.32	0.21	0.19
Financial Leverage	1.94	1.32	1.01	0.68	0.78	0.93	1.11	1.11	0.73	0.44	0.33
Leverage Ratio	11.31	11.03	10.61	10.05	10.21	10.88	10.68	10.40	10.60	10.27	9.58
Compound Leverage Factor	11.31	11.03	10.61	10.05	10.21	10.88	10.68	10.40	10.60	10.27	9.58
Debt to Total Capital	59.78%	54.48%	46.13%	34.75%	49.80%	46.78%	56.76%	48.52%	35.54%	25.67%	24.35%
Short-Term Debt to Total Capital	2.64%	2.33%	1.29%	0.00%	11.16%	15.03%	16.52%	16.03%	14.98%	9.77%	9.89%
Long-Term Debt to Total Capital	57.15%	52.15%	44.84%	34.75%	38.63%	31.75%	40.24%	32.49%	20.56%	15.90%	14.45%
Preferred Equity to Total Capital	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	39.83%	45.52%	53.87%	65.25%	50.20%	53.22%	43.24%	51.48%	64.46%	74.33%	75.65%
Debt to EBITDA	5.72	3.98	3.09	2.34	5.35	4.12	5.50	4.20	2.33	1.31	1.61
Net Debt to EBITDA	4.11	1.61	0.31	-0.51	1.04	-3.31	2.40	-0.07	-2.92	-2.31	-2.46
Long-Term Debt to EBITDA	5.47	3.81	3.00	2.34	4.15	2.80	3.90	2.81	1.35	0.81	0.96
Debt to NOPAT	9.59	6.86	5.30	3.36	6.86	5.90	8.53	6.43	3.44	1.76	1.99
Net Debt to NOPAT	6.90	2.78	0.53	-0.73	1.33	-4.74	3.72	-0.11	-4.31	-3.10	-3.03
Long-Term Debt to NOPAT	9.17	6.56	5.15	3.36	5.32	4.00	6.04	4.31	1.99	1.09	1.18
Noncontrolling Interest Sharing Ratio	1.12%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	87	-56	88	229	-510	8.18	-712	289	525	343	-29
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	1.91	-0.98	1.18	2.15	-3.26	0.06	-9.00	5.50	1.40	0.49	-0.04
Operating Cash Flow to Interest Expense	2.56	2.94	2.68	1.58	1.31	1.96	5.21	4.12	0.53	0.44	0.71
Operating Cash Flow Less CapEx to Interest Expense	2.56	2.94	2.68	1.58	1.31	1.96	5.21	4.12	0.53	0.44	0.71
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Fixed Asset Turnover	30.09	29.04	24.88	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,327	1,502	1,549	1,472	2,137	2,313	3,240	3,192	2,974	3,082	3,543
Invested Capital Turnover	0.17	0.23	0.25	0.29	0.27	0.26	0.23	0.22	0.29	0.39	0.38
Increase / (Decrease) in Invested Capital	-4.25	175	47	-77	665	175	928	-48	-218	107	462
Enterprise Value (EV)	2,198	1,448	1,575	2,448	1,877	449	3,550	2,113	1,006	1,861	2,973
Market Capitalization	1,623	1,117	1,504	2,559	1,670	1,317	2,748	2,139	2,331	3,256	4,287
Book Value per Share	$34.42	$10.84	$13.16	$15.36	$17.51	$20.63	$23.65	$27.54	$32.43	$40.21	$47.55
Tangible Book Value per Share	$34.42	$10.84	$13.16	$14.27	$15.31	$18.53	$21.69	$24.92	$29.86	$37.72	$45.17
Total Capital	1,327	1,502	1,549	1,472	2,137	2,313	3,240	3,192	2,974	3,082	3,543
Total Debt	793	818	714	512	1,064	1,082	1,839	1,549	1,057	791	863
Total Long-Term Debt	758	783	694	512	826	734	1,304	1,037	612	490	512
Net Debt	570	331	71	-111	207	-869	801	-26	-1,325	-1,395	-1,314
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	793	818	714	512	1,064	1,082	1,839	1,549	1,057	791	863
Total Depreciation and Amortization (D&A)	-2.27	0.55	-1.32	-21	-14	-0.01	29	29	22	-31	-79
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.39	$1.85	$2.07	$2.41	$2.50	$3.01	$3.64	$4.04	$5.15	$7.82	$7.61
Adjusted Weighted Average Basic Shares Outstanding	15.64M	63.27M	63.61M	62.78M	61.24M	59.51M	59.36M	59.97M	59.98M	56.89M	56.49M
Adjusted Diluted Earnings per Share	$5.37	$1.85	$2.07	$2.37	$2.48	$2.98	$3.56	$3.97	$5.07	$7.66	$7.43
Adjusted Weighted Average Diluted Shares Outstanding	15.64M	63.27M	63.61M	62.78M	61.24M	59.51M	59.36M	59.97M	59.98M	56.89M	56.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	15.64M	63.27M	63.61M	62.78M	61.24M	59.51M	59.36M	59.97M	59.98M	56.89M	56.49M
Normalized Net Operating Profit after Tax (NOPAT)	83	119	135	152	155	183	216	241	307	450	433
Normalized NOPAT Margin	36.02%	36.44%	35.33%	34.68%	31.57%	31.59%	33.49%	33.41%	33.99%	38.00%	34.39%
Pre Tax Income Margin	61.37%	62.59%	61.02%	54.55%	43.31%	45.23%	47.48%	47.18%	47.78%	53.67%	48.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.10	3.61	3.14	2.25	1.36	1.81	3.86	6.47	1.15	0.92	0.89
NOPAT to Interest Expense	1.82	2.10	1.82	1.43	0.99	1.26	2.73	4.58	0.82	0.65	0.63
EBIT Less CapEx to Interest Expense	3.10	3.61	3.14	2.25	1.36	1.81	3.86	6.47	1.15	0.92	0.89
NOPAT Less CapEx to Interest Expense	1.82	2.10	1.82	1.43	0.99	1.26	2.73	4.58	0.82	0.65	0.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.37%	0.26%	0.23%	0.20%	0.15%	0.21%	0.05%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.37%	0.26%	0.23%	23.29%	36.53%	21.39%	7.82%	0.00%	15.94%	21.40%	13.44%

This table displays calculated financial ratios and metrics derived from Axos Financial's official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	56,678,249.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	56,678,249.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.20
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.29%	54.55%	27.48%	23.03%	30.53%	-12.71%	4.77%	10.49%	0.85%	25.07%	27.01%
EBITDA Growth	34.90%	74.79%	14.81%	8.10%	6.91%	-36.74%	-4.63%	5.33%	5.61%	17.16%	31.87%
EBIT Growth	42.62%	85.47%	35.63%	23.41%	34.73%	-30.85%	-4.80%	7.90%	-5.84%	16.75%	11.63%
NOPAT Growth	41.50%	86.10%	38.66%	20.05%	35.93%	-31.02%	-4.98%	5.53%	0.01%	22.65%	18.51%
Net Income Growth	41.50%	86.10%	38.66%	20.05%	35.93%	-31.02%	-4.98%	5.53%	0.01%	22.65%	18.51%
EPS Growth	42.27%	94.07%	44.70%	22.38%	39.86%	-31.30%	-5.24%	8.00%	0.52%	23.33%	18.78%
Operating Cash Flow Growth	-51.73%	11.57%	298.20%	-43.50%	107.06%	37.08%	-36.36%	395.93%	67.31%	-35.94%	-42.96%
Free Cash Flow Firm Growth	-74.40%	96.93%	91.74%	-100.81%	-338.98%	-196.59%	-6.33%	-14,173.41%	-927.74%	-312.78%	-1,067.64%
Invested Capital Growth	0.87%	8.40%	11.99%	3.61%	8.37%	11.60%	10.99%	14.99%	47.03%	33.92%	83.74%
Revenue Q/Q Growth	3.89%	43.59%	-16.43%	-1.30%	10.22%	-3.98%	0.31%	4.08%	0.60%	19.08%	1.86%
EBITDA Q/Q Growth	-0.61%	77.77%	-36.34%	-3.89%	-1.71%	5.19%	-4.03%	6.15%	-1.45%	16.70%	8.02%
EBIT Q/Q Growth	0.99%	83.99%	-28.45%	-7.17%	10.25%	-5.57%	-1.50%	5.21%	-3.79%	17.10%	-5.82%
NOPAT Q/Q Growth	-5.39%	83.64%	-27.05%	-5.28%	7.12%	-6.81%	0.50%	5.20%	1.52%	14.28%	-2.90%
Net Income Q/Q Growth	-5.39%	83.64%	-27.05%	-5.28%	7.12%	-6.81%	0.50%	5.20%	1.52%	14.28%	-2.90%
EPS Q/Q Growth	-3.50%	89.86%	-27.10%	-8.38%	10.29%	-6.74%	0.56%	4.42%	2.65%	14.43%	-3.15%
Operating Cash Flow Q/Q Growth	-55.86%	246.76%	1.23%	-61.81%	61.74%	129.57%	-54.66%	148.85%	-35.41%	-12.10%	-59.63%
Free Cash Flow Firm Q/Q Growth	-81.27%	-245.91%	-168.59%	98.90%	-5,447.68%	-81.08%	3.71%	-47.56%	-299.45%	27.27%	-172.37%
Invested Capital Q/Q Growth	-0.07%	2.07%	2.97%	-1.35%	4.53%	5.10%	2.40%	2.21%	33.66%	-4.27%	40.49%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	49.23%	60.95%	46.43%	45.21%	40.32%	44.17%	42.26%	43.10%	42.22%	41.38%	43.88%
EBIT Margin	48.10%	61.63%	52.77%	49.63%	49.65%	48.82%	47.95%	48.47%	46.35%	45.58%	42.14%
Profit (Net Income) Margin	33.64%	43.03%	37.56%	36.05%	35.03%	34.00%	34.07%	34.43%	34.74%	33.34%	31.79%
Tax Burden Percent	69.95%	69.81%	71.18%	72.63%	70.57%	69.64%	71.05%	71.04%	74.96%	73.16%	75.43%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	30.05%	30.19%	28.82%	27.37%	29.43%	30.36%	28.95%	28.96%	25.04%	26.84%	24.57%
Return on Invested Capital (ROIC)	10.70%	15.73%	14.35%	14.10%	14.24%	12.86%	12.70%	13.08%	11.02%	11.27%	9.19%
ROIC Less NNEP Spread (ROIC-NNEP)	10.70%	15.73%	14.35%	14.10%	14.24%	12.86%	12.70%	13.08%	11.02%	11.27%	9.19%
Return on Net Nonoperating Assets (RNNOA)	6.53%	8.00%	6.65%	6.19%	5.89%	5.09%	4.74%	4.35%	5.84%	5.10%	6.76%
Return on Equity (ROE)	17.23%	23.73%	21.00%	20.29%	20.13%	17.95%	17.43%	17.44%	16.86%	16.37%	15.95%
Cash Return on Invested Capital (CROIC)	10.33%	5.71%	3.31%	11.32%	7.46%	2.52%	2.55%	-0.87%	-27.20%	-17.47%	-49.35%
Operating Return on Assets (OROA)	2.31%	3.26%	2.81%	2.72%	2.82%	2.62%	2.53%	2.56%	2.29%	2.35%	2.25%
Return on Assets (ROA)	1.61%	2.27%	2.00%	1.98%	1.99%	1.82%	1.79%	1.82%	1.72%	1.72%	1.70%
Return on Common Equity (ROCE)	17.23%	23.73%	21.00%	20.29%	20.13%	17.95%	17.43%	17.44%	16.86%	16.37%	15.95%
Return on Equity Simple (ROE_SIMPLE)	16.77%	19.33%	19.69%	0.00%	19.94%	17.15%	16.40%	0.00%	15.50%	15.58%	15.53%
Net Operating Profit after Tax (NOPAT)	83	152	111	105	112	105	105	111	112	128	125
NOPAT Margin	33.64%	43.03%	37.56%	36.05%	35.03%	34.00%	34.07%	34.43%	34.74%	33.34%	31.79%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	35.05%	25.80%	33.99%	35.21%	34.88%	35.29%	36.44%	34.47%	35.71%	31.66%	31.51%
Operating Expenses to Revenue	49.05%	34.54%	45.20%	48.31%	45.99%	47.20%	47.36%	46.87%	48.32%	47.93%	47.41%
Earnings before Interest and Taxes (EBIT)	118	217	156	144	159	150	148	156	150	176	165
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	121	215	137	132	129	136	131	139	137	159	172
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.15	1.52	1.40	1.42	1.49	1.58	1.41	1.60	1.71	1.67	1.57
Price to Tangible Book Value (P/TBV)	1.24	1.63	1.50	1.52	1.58	1.67	1.49	1.68	1.85	1.79	1.69
Price to Revenue (P/Rev)	2.41	2.96	2.72	2.75	2.84	3.28	3.00	3.41	3.79	3.65	3.39
Price to Earnings (P/E)	6.85	7.85	7.11	7.23	7.46	9.22	8.63	9.90	11.04	10.69	10.13
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	14.59%	12.74%	14.07%	13.82%	13.41%	10.85%	11.59%	10.10%	9.05%	9.36%	9.87%
Enterprise Value to Invested Capital (EV/IC)	0.29	0.77	0.53	0.60	0.49	0.64	0.66	0.84	0.81	1.13	1.06
Enterprise Value to Revenue (EV/Rev)	0.91	2.20	1.47	1.57	1.26	1.79	1.86	2.36	3.04	3.84	4.76
Enterprise Value to EBITDA (EV/EBITDA)	1.76	4.06	2.79	3.08	2.59	4.08	4.34	5.56	7.09	9.11	11.17
Enterprise Value to EBIT (EV/EBIT)	1.83	4.13	2.72	2.93	2.35	3.57	3.80	4.85	6.35	8.17	10.48
Enterprise Value to NOPAT (EV/NOPAT)	2.58	5.84	3.83	4.14	3.31	5.03	5.36	6.87	8.87	11.26	14.23
Enterprise Value to Operating Cash Flow (EV/OCF)	5.33	13.60	4.88	6.09	4.65	5.64	6.66	6.06	7.14	10.73	15.13
Enterprise Value to Free Cash Flow (EV/FCFF)	2.79	14.08	16.91	5.43	6.88	26.96	27.27	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.50	0.46	0.42	0.35	0.34	0.34	0.33	0.32	0.70	0.55	1.08
Long-Term Debt to Equity	0.33	0.28	0.25	0.21	0.21	0.22	0.21	0.19	0.56	0.43	0.97
Financial Leverage	0.61	0.51	0.46	0.44	0.41	0.40	0.37	0.33	0.53	0.45	0.74
Leverage Ratio	10.67	10.44	10.50	10.27	10.13	9.85	9.71	9.58	9.81	9.52	9.39
Compound Leverage Factor	10.67	10.44	10.50	10.27	10.13	9.85	9.71	9.58	9.81	9.52	9.39
Debt to Total Capital	33.51%	31.50%	29.69%	25.67%	25.31%	25.51%	24.89%	24.35%	41.02%	35.38%	51.88%
Short-Term Debt to Total Capital	11.50%	12.16%	12.40%	9.77%	9.81%	9.14%	9.07%	9.89%	8.15%	7.91%	5.32%
Long-Term Debt to Total Capital	22.01%	19.34%	17.29%	15.90%	15.50%	16.36%	15.82%	14.45%	32.88%	27.46%	46.57%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.49%	68.50%	70.31%	74.33%	74.69%	74.49%	75.11%	75.65%	58.98%	64.62%	48.12%
Debt to EBITDA	2.05	1.66	1.56	1.31	1.33	1.62	1.64	1.61	3.59	2.84	5.45
Net Debt to EBITDA	-2.92	-1.40	-2.39	-2.31	-3.25	-3.39	-2.65	-2.46	-1.74	0.47	3.22
Long-Term Debt to EBITDA	1.35	1.02	0.91	0.81	0.82	1.04	1.04	0.96	2.88	2.20	4.89
Debt to NOPAT	3.01	2.38	2.14	1.76	1.70	2.00	2.02	1.99	4.49	3.51	6.94
Net Debt to NOPAT	-4.28	-2.01	-3.28	-3.10	-4.15	-4.18	-3.27	-3.03	-2.18	0.58	4.10
Long-Term Debt to NOPAT	1.97	1.46	1.25	1.09	1.04	1.28	1.28	1.18	3.60	2.73	6.23
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	57	-83	-224	-2.46	-136	-247	-238	-351	-1,403	-1,020	-2,778
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.37	-0.50	-1.23	-0.01	-0.71	-1.40	-1.51	-2.16	-8.03	-5.60	-16.16
Operating Cash Flow to Interest Expense	0.22	0.71	0.63	0.23	0.37	0.92	0.47	1.13	0.68	0.57	0.24
Operating Cash Flow Less CapEx to Interest Expense	0.22	0.71	0.63	0.23	0.37	0.92	0.47	1.13	0.68	0.57	0.24
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.05	0.05	0.05	0.05	0.06	0.05	0.05	0.05	0.05	0.05	0.05
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,972	3,034	3,124	3,082	3,221	3,386	3,467	3,543	4,736	4,534	6,370
Invested Capital Turnover	0.32	0.37	0.38	0.39	0.41	0.38	0.37	0.38	0.32	0.34	0.29
Increase / (Decrease) in Invested Capital	26	235	335	107	249	352	343	462	1,515	1,149	2,903
Enterprise Value (EV)	853	2,344	1,656	1,861	1,589	2,178	2,289	2,973	3,839	5,144	6,776
Market Capitalization	2,271	3,152	3,075	3,256	3,578	3,988	3,684	4,287	4,782	4,880	4,823
Book Value per Share	$32.95	$36.00	$38.60	$40.21	$42.28	$44.17	$45.60	$47.55	$49.45	$51.73	$54.08
Tangible Book Value per Share	$30.45	$33.46	$36.06	$37.72	$39.84	$41.76	$43.22	$45.17	$45.81	$48.27	$50.36
Total Capital	2,972	3,034	3,124	3,082	3,221	3,386	3,467	3,543	4,736	4,534	6,370
Total Debt	996	955	927	791	815	864	863	863	1,943	1,604	3,305
Total Long-Term Debt	654	587	540	490	499	554	549	512	1,557	1,245	2,966
Net Debt	-1,418	-808	-1,419	-1,395	-1,988	-1,810	-1,395	-1,314	-943	263	1,953
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	996	955	927	791	815	864	863	863	1,943	1,604	3,305
Total Depreciation and Amortization (D&A)	2.78	-2.42	-19	-13	-30	-14	-18	-17	-13	-16	6.82
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.40	$2.65	$1.94	$1.83	$1.97	$1.83	$1.84	$1.97	$1.99	$2.27	$2.20
Adjusted Weighted Average Basic Shares Outstanding	57.73M	56.90M	56.97M	56.89M	57.09M	57.10M	56.37M	56.49M	56.64M	56.68M	56.88M
Adjusted Diluted Earnings per Share	$1.38	$2.62	$1.91	$1.75	$1.93	$1.80	$1.81	$1.89	$1.94	$2.22	$2.15
Adjusted Weighted Average Diluted Shares Outstanding	57.73M	56.90M	56.97M	56.89M	57.09M	57.10M	56.37M	56.49M	56.64M	56.68M	56.88M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	57.73M	56.90M	56.97M	56.89M	57.09M	57.10M	56.37M	56.49M	56.64M	56.68M	56.88M
Normalized Net Operating Profit after Tax (NOPAT)	83	152	111	105	112	105	105	111	112	128	125
Normalized NOPAT Margin	33.64%	43.03%	37.56%	36.05%	35.03%	34.00%	34.07%	34.43%	34.74%	33.34%	31.79%
Pre Tax Income Margin	48.10%	61.63%	52.77%	49.63%	49.65%	48.82%	47.95%	48.47%	46.35%	45.58%	42.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.77	1.31	0.85	0.75	0.83	0.85	0.94	0.96	0.86	0.96	0.96
NOPAT to Interest Expense	0.54	0.91	0.61	0.54	0.58	0.59	0.67	0.68	0.64	0.71	0.73
EBIT Less CapEx to Interest Expense	0.77	1.31	0.85	0.75	0.83	0.85	0.94	0.96	0.86	0.96	0.96
NOPAT Less CapEx to Interest Expense	0.54	0.91	0.61	0.54	0.58	0.59	0.67	0.68	0.64	0.71	0.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	20.35%	32.75%	23.25%	21.40%	16.22%	3.17%	9.13%	13.44%	0.00%	0.00%	6.79%

Financials Breakdown Chart

Key Financial Trends

Axos Financial (NYSE: AX) continued to post solid profitability in fiscal 2026, with Q3 net income of $124.7 million and diluted EPS of $2.15. Compared with the same quarter a year ago, earnings improved meaningfully, while revenue remained stable and the company kept producing strong cash from operations.

Q3 2026 net income rose to $124.7 million from $105.2 million in Q3 2025, showing stronger bottom-line performance year over year.
Quarterly revenue increased to $392.2 million from $308.8 million a year earlier, helped by higher net interest income and non-interest income.
Net interest income climbed to $306.3 million in Q3 2026, up from $275.5 million in Q3 2025, reflecting better core banking spread performance.
Operating cash flow was positive at $42.0 million in Q3 2026, supporting ongoing earnings quality.
The balance sheet showed stronger equity, with total common equity rising to $3.07 billion from $2.60 billion a year earlier.
Cash and due from banks increased to $1.17 billion in Q3 2026, giving Axos a substantial liquidity cushion.
Shares outstanding were essentially flat to slightly lower year over year, which helped support EPS growth.
Non-interest income improved sharply in Q3 2026 to $85.9 million from $33.4 million in Q3 2025, but that figure can be more volatile than core lending income.
Deposits fell by about $844.6 million in Q3 2026, which may be worth watching if funding pressure persists.
Provision for credit losses increased to $41.0 million in Q3 2026 from $14.5 million a year earlier, suggesting management saw a higher level of credit risk.

Looking at the last four years, Axos has delivered a clear upward earnings trend. Quarterly net income rose from roughly $58.4 million in Q1 2023 to more than $124 million in Q3 2026, while EPS also moved higher. Revenue has grown as well, but the most notable long-term improvement is in profitability and capital generation.

There are also some signs of balance sheet strength. Total assets expanded from about $18.4 billion in Q1 2023 to $29.2 billion in Q3 2026, and total common equity more than doubled over that period. That said, the company has relied on a sizable mix of deposits and debt, so the stability of funding remains important.

Overall, Axos Financial appears to be a profitable and growing bank with improving earnings power, strong liquidity, and a solid capital base. The main items to monitor are deposit trends, credit loss provisioning, and whether the recent pace of revenue and earnings growth can continue.

06/08/26 06:47 AM ETAI Generated. May Contain Errors.

Axos Financial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Axos Financial's financial year ends in June. Their financial year 2025 ended on June 30, 2025.

Axos Financial's net income appears to be on an upward trend, with a most recent value of $432.91 million in 2025, rising from $82.68 million in 2015. The previous period was $450.01 million in 2024. View Axos Financial's forecast to see where analysts expect Axos Financial to go next.

Over the last 10 years, Axos Financial's total revenue changed from $229.54 million in 2015 to $1.26 billion in 2025, a change of 448.4%.

Axos Financial's total liabilities were at $22.10 billion at the end of 2025, a 7.5% increase from 2024, and a 317.8% increase since 2015.

In the past 10 years, Axos Financial's cash and equivalents has ranged from $222.77 million in 2015 to $2.23 billion in 2023, and is currently $1.93 billion as of their latest financial filing in 2025.

Over the last 10 years, Axos Financial's book value per share changed from 34.42 in 2015 to 47.55 in 2025, a change of 38.1%.

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Financial statements for NYSE:AX last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Axos Financial (AX) Financials

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Axos Financial (AX) Financials

Annual Income Statements for Axos Financial

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Quarterly Cash Flow Statements for Axos Financial

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Quarterly Metrics And Ratios for Axos Financial

Financials Breakdown Chart

Key Financial Trends

Axos Financial Financials - Frequently Asked Questions

When does Axos Financial's fiscal year end?

How has Axos Financial's net income changed over the last 10 years?

How has Axos Financial's revenue changed over the last 10 years?

How much debt does Axos Financial have?

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How has Axos Financial's book value per share changed over the last 10 years?

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