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
DateValue
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