AX
Axos Financial Inc
NYSE: AX · FINANCIAL SERVICES · BANKS - REGIONAL
$94.90
-4.03% today
Updated 2026-04-29
Market cap
$5.38B
P/E ratio
12.04
P/S ratio
4.25x
EPS (TTM)
$7.88
Dividend yield
—
52W range
$66 – $102
Volume
0.4M
Axos Financial Inc (AX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.05M | $45.77M | $65.68M | $72.55M | $93.89M | $100.93M | $132.10M | $163.36M | $195.33M | $274.95M | $384.05M | $455.42M | $546.01M | $644.82M | $717.62M | $711.97M | $757.91M | $1.26B | $1.77B | $1.93B |
| Revenue growth (YoY) | — | +34.4% | +43.5% | +10.5% | +29.4% | +7.5% | +30.9% | +23.7% | +19.6% | +40.8% | +39.7% | +18.6% | +19.9% | +18.1% | +11.3% | -0.8% | +6.5% | +66.8% | +39.8% | +9.2% |
| Cost of revenue | $22.82M | $33.71M | $47.51M | $46.15M | $40.73M | $40.22M | $44.61M | $41.58M | $41.13M | $56.62M | $66.40M | $85.12M | $132.38M | $183.63M | $187.43M | $102.87M | $76.32M | $398.27M | $726.68M | $743.44M |
| Gross profit | $11.24M | $12.05M | $18.17M | $26.40M | $53.16M | $60.71M | $87.50M | $121.79M | $154.20M | $218.34M | $317.65M | $370.30M | $413.63M | $461.19M | $530.19M | $609.10M | $681.59M | $865.93M | $1.04B | $1.19B |
| Gross margin | 33.0% | 26.3% | 27.7% | 36.4% | 56.6% | 60.1% | 66.2% | 74.6% | 78.9% | 79.4% | 82.7% | 81.3% | 75.8% | 71.5% | 73.9% | 85.6% | 89.9% | 68.5% | 58.9% | 61.5% |
| R&D | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $2.39M | $2.99M | $8.25M | $9.63M | $11.11M | $19.41M | $25.96M | $38.70M | $40.37M | $54.42M | $81.77M | $97.73M | $121.12M | $172.57M | $174.76M | $188.66M | $217.07M | $267.67M | $305.36M | $360.14M |
| Operating income | $5.45M | $5.60M | $7.01M | $12.05M | $35.88M | $34.17M | $49.54M | $68.20M | $94.27M | $140.86M | $204.90M | $232.69M | $239.70M | $212.81M | $262.63M | $305.74M | $339.96M | $431.74M | $635.48M | $613.39M |
| Operating margin | 16.0% | 12.2% | 10.7% | 16.6% | 38.2% | 33.9% | 37.5% | 41.7% | 48.3% | 51.2% | 53.4% | 51.1% | 43.9% | 33.0% | 36.6% | 42.9% | 44.9% | 34.2% | 36.0% | 31.8% |
| EBITDA | $7.76M | $7.82M | $7.14M | $12.22M | $36.11M | $34.79M | $50.85M | $70.11M | $97.14M | $144.13M | $209.69M | $238.79M | $248.27M | $229.28M | $297.62M | $336.19M | $364.56M | $455.13M | $662.57M | $642.41M |
| EBITDA margin | 22.8% | 17.1% | 10.9% | 16.8% | 38.5% | 34.5% | 38.5% | 42.9% | 49.7% | 52.4% | 54.6% | 52.4% | 45.5% | 35.6% | 41.5% | 47.2% | 48.1% | 36.0% | 37.5% | 33.3% |
| EBIT | $5.45M | $5.60M | $7.01M | $12.05M | $35.88M | $34.17M | $49.54M | $68.20M | $94.27M | $140.86M | $204.90M | $232.69M | $239.70M | $212.81M | $262.63M | $305.74M | $339.96M | $431.74M | $635.48M | $613.39M |
| Interest expense | $22.76M | $33.74M | $45.28M | $41.42M | $34.95M | $34.42M | $36.55M | $34.03M | $35.78M | $45.42M | $56.70M | $74.06M | $106.58M | $156.28M | $145.23M | $79.12M | $52.57M | $374.02M | $694.18M | $687.69M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $3.27M | $3.32M | $4.20M | $7.14M | $21.13M | $20.58M | $29.48M | $40.29M | $55.96M | $82.68M | $119.29M | $134.74M | $152.41M | $155.13M | $183.44M | $215.71M | $240.72M | $307.17M | $450.01M | $432.91M |
| Net income growth (YoY) | — | +1.6% | +26.4% | +70.2% | +195.8% | -2.6% | +43.2% | +36.7% | +38.9% | +47.8% | +44.3% | +13.0% | +13.1% | +1.8% | +18.2% | +17.6% | +11.6% | +27.6% | +46.5% | -3.8% |
| Profit margin | 9.6% | 7.3% | 6.4% | 9.8% | 22.5% | 20.4% | 22.3% | 24.7% | 28.6% | 30.1% | 31.1% | 29.6% | 27.9% | 24.1% | 25.6% | 30.3% | 31.8% | 24.3% | 25.5% | 22.4% |