Axos Financial (AX) Operating Expenses (2010 - 2026)

Axos Financial's Operating Expenses history runs 17 years deep, the most recent figure standing at $186.0 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 27.14% year-over-year to $186.0 million; the TTM figure through Mar 2026 stood at $677.4 million (up 16.88% YoY), while the FY2025 annual figure was $589.7 million, up 14.26% from the prior year.
• Operating Expenses was $186.0 million for Q1 2026 at Axos Financial, up from $184.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $186.0 million in Q1 2026 to a low of $86.8 million in Q1 2022.
• Historically, Operating Expenses has averaged $133.3 million across 5 years, with a median of $133.2 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 37.49% in 2022, then rose 3.81% in 2023.
• A 5-year view of Operating Expenses shows it stood at $108.0 million in 2022, then advanced by 12.79% to $121.8 million in 2023, then rose by 19.27% to $145.3 million in 2024, then advanced by 27.01% to $184.6 million in 2025, then grew by 0.75% to $186.0 million in 2026.
• The last three Operating Expenses figures came in at $186.0 million (Q1 2026), $184.6 million (Q4 2025), and $156.2 million (Q3 2025), per Business Quant data.