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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |