Axos Financial (AX) Net Margin (2010 - 2026)
Axos Financial (AX) posted Net Margin of 32.90% for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 1.53 percentage points from 34.43% a year earlier but up 1.12 percentage points from the prior quarter.
Axos Financial (AX) Net Margin (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Axos Financial's Net Margin came in at 22.59%, up 0.18 percentage points from FY2025.
- Annual Net Margin shows a five-year change of -10.87 percentage points (FY2021 to FY2026).
- In prior fiscal years, Axos Financial's Net Margin was 22.41% in FY2025 (-1.75 pp), 24.16% in FY2024 (-0.18 pp), 24.34% in FY2023 (-9.06 pp) and 33.41% in FY2022 (-0.06 pp).
- Quarterly Net Margin has run from a low of 28.12% in fiscal Q1 2023 to a high of 43.03% in fiscal Q2 2024 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last seven quarters, with an average year-over-year change of -2.19 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q2 2024, with a gain of 7.30 percentage points; the weakest was fiscal Q2 2025, with a drop of 9.03 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 31.79% (Q3 2026), 33.34% (Q2 2026) and 34.74% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 36.19% |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 27.72% |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 25.46% |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 32.50% |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 31.46% |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 27.23% |
| 10 | Axos Financial | 4.97 Bn | -1.91 Bn | - | 32.90% |
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% |
Axos Financial Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=AX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "AX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=AX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();