Axis Capital Holdings (AXS-PE) Operating Expenses (2009 - 2026)
Axis Capital Holdings' (AXS-PE) quarterly Operating Expenses came in at $1.3 billion in Q1 2026, up 3.85% year-on-year from $1.3 billion in Q1 2025, and down 4.92% quarter-over-quarter from $1.4 billion in Q4 2025.
Axis Capital Holdings (AXS-PE) Operating Expenses (2009 - 2026) Analysis & Trends
Axis Capital Holdings has disclosed Operating Expenses across 18 years of filings, most recently posting $1.3 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.3 billion, up 3.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.4 billion (up 6.23% YoY), and the FY2025 annual result was $5.3 billion, up 8.04% from the prior year.
- Operating Expenses came in at $1.3 billion for Q1 2026 at Axis Capital Holdings, down from $1.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.7 billion in Q4 2023 to a low of $1.1 billion in Q1 2022.
- The 5-year median for Operating Expenses is $1.2 billion (2022), against an average of $1.3 billion.
- Across the five-year window, Operating Expenses rose 21.78% in 2023 and dropped 27.72% in 2024, its largest moves.
- Axis Capital Holdings' Operating Expenses stood at $1.4 billion in 2022, then grew by 21.78% to $1.7 billion in 2023, then decreased by 27.72% to $1.2 billion in 2024, then advanced by 16.59% to $1.4 billion in 2025, then slipped by 4.92% to $1.3 billion in 2026.
- The last three Operating Expenses figures came in at $1.3 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 2.73 Bn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 1.34 Bn |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 1.68 Bn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 98.69 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 90.25 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 129.35 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 292.67 Mn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 700.63 Mn |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 227.00 Mn |
| 10 | Axis Capital Holdings | - | - | - | 1.34 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 1.35 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.38 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | 1.15 Bn |
| Dec 31, 2023 | 1.67 Bn |
| Sep 30, 2023 | 1.22 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 1.15 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 1.23 Bn |
| Jun 30, 2022 | 1.17 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 1.29 Bn |
| Jun 30, 2021 | 1.09 Bn |