Axos Financial AX
NYSE AX
$93.26 -3.24 (-3.36%)
As of: Sep 9, 2026 · 3:59 PM EDT

Axos Financial (AX) Net Margin (2010 - 2026)

Axos Financial (AX) posted Net Margin of 32.9% for Q2 2026, up 3.51% on a QoQ basis from 31.79% in Q1 2026, and down 153.0% year-over-year from 62.08% in Q2 2025.

Analysis

Axos Financial (AX) Net Margin (2010 - 2026) Analysis & Trends

Axos Financial has reported Net Margin for 17 years, with the latest figure at 32.9% in Q2 2026.

  • On a quarterly basis, Net Margin fell 153.0% year-over-year to 32.9% in Q2 2026; TTM through Jun 2026 was 33.12%, a 127.0% decrease from a year earlier, with the FY2026 full-year figure at 22.59%, up 18.0% from the prior year.
  • Net Margin was 32.9% for Q2 2026 at Axos Financial, up from 31.79% in the prior quarter.
  • The five-year high for Net Margin was 43.03% in Q4 2023, with the low at 28.12% in Q3 2022.
  • Average Net Margin over 5 years is 34.48%, with a median of 34.48% recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: Net Margin soared 730 bps in 2023, then plunged 903 bps in 2024.
  • Over 5 years, Net Margin stood at 35.73% in 2022, then gained by 20 bps to 43.03% in 2023, then retreated by 21 bps to 34.0% in 2024, then declined by 2 bps to 33.34% in 2025, then dropped by 1 bps to 32.9% in 2026.
  • The last three Net Margin figures came in at 32.9% (Q2 2026), 31.79% (Q1 2026), and 33.34% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Bank Of America 2,145.36 Bn 1,556.87 Bn 30.39 Bn 27.72%
2 Morgan Stanley 335.03 Bn 174.89 Bn - 25.46%
3 Goldman Sachs 309.45 Bn -666.90 Bn - 31.46%
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn -
5 Royal Bank Of Canada 291.49 Bn 64.61 Bn - 32.48%
6 Wells Fargo & Company 272.88 Bn 68.91 Bn - 27.23%
7 American Express 218.59 Bn 169.28 Bn 17.99 Bn 15.84%
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn 11.41%
9 Toronto Dominion Bank 205.88 Bn 44.55 Bn - 26.78%
10 Axos Financial 5.28 Bn 3.97 Bn - 32.90%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.90%
Mar 31, 2026 31.79%
Dec 31, 2025 33.34%
Sep 30, 2025 34.74%
Jun 30, 2025 34.43%
Mar 31, 2025 34.07%
Dec 31, 2024 34.00%
Sep 30, 2024 35.03%
Jun 30, 2024 36.05%
Mar 31, 2024 37.56%
Dec 31, 2023 43.03%
Sep 30, 2023 33.64%
Jun 30, 2023 36.94%
Mar 31, 2023 34.53%
Dec 31, 2022 35.73%
Sep 30, 2022 28.12%
Jun 30, 2022 30.07%
Mar 31, 2022 34.67%
Dec 31, 2021 34.47%
Sep 30, 2021 34.73%