Axos Financial (AX) Research & Development (2010 - 2026)
Axos Financial (AX) posted quarterly Research & Development of $23.1 million for Q1 2026, up 6.14% year-over-year from $21.8 million in Q1 2025, and up 5.9% quarter-over-quarter from $21.8 million in Q4 2025.
Axos Financial (AX) Research & Development (2010 - 2026) Analysis & Trends
Axos Financial's Research & Development history runs 17 years deep, the most recent figure standing at $23.1 million for Q1 2026.
- In Q1 2026, Research & Development rose 6.14% year-over-year to $23.1 million; the TTM figure through Mar 2026 stood at $87.4 million (up 13.75% YoY), while the FY2025 annual figure was $80.4 million, up 15.95% from the prior year.
- Research & Development for Q1 2026 stood at $23.1 million, up from $21.8 million in the prior quarter.
- The five-year high for Research & Development was $23.1 million in Q1 2026, with the low at $12.3 million in Q1 2022.
- The 5-year median for Research & Development is $18.2 million (2024), against an average of $17.8 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development advanced 28.79% in 2023, then climbed 3.86% in 2024.
- Axos Financial's Research & Development stood at $14.6 million in 2022, then gained by 25.25% to $18.3 million in 2023, then gained by 5.39% to $19.3 million in 2024, then increased by 13.0% to $21.8 million in 2025, then gained by 5.9% to $23.1 million in 2026.
- Business Quant data shows AX's Research & Development at $23.1 million in Q1 2026, $21.8 million in Q4 2025, and $22.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.07 Bn | 84.87 Bn | - | - |
| 2 | Pnc Financial Services | 97.81 Bn | 97.81 Bn | - | - |
| 3 | Us Bancorp | 96.04 Bn | 96.04 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.06 Bn | -81.25 Bn | - | - |
| 7 | Nu Holdings | 71.33 Bn | 57.64 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.62 Bn | 61.62 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.61 Bn | 25.89 Bn | - | 250.00 Mn |
| 10 | Axos Financial | 5.45 Bn | 4.10 Bn | - | 23.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.11 Mn |
| Dec 31, 2025 | 21.83 Mn |
| Sep 30, 2025 | 22.06 Mn |
| Jun 30, 2025 | 20.36 Mn |
| Mar 31, 2025 | 21.78 Mn |
| Dec 31, 2024 | 19.31 Mn |
| Sep 30, 2024 | 18.99 Mn |
| Jun 30, 2024 | 16.72 Mn |
| Mar 31, 2024 | 18.24 Mn |
| Dec 31, 2023 | 18.33 Mn |
| Sep 30, 2023 | 16.08 Mn |
| Jun 30, 2023 | 16.10 Mn |
| Mar 31, 2023 | 15.81 Mn |
| Dec 31, 2022 | 14.63 Mn |
| Sep 30, 2022 | 14.02 Mn |
| Jun 30, 2022 | 13.59 Mn |
| Mar 31, 2022 | 12.27 Mn |
| Dec 31, 2021 | 12.20 Mn |
| Sep 30, 2021 | 12.09 Mn |
| Jun 30, 2021 | 12.95 Mn |