Axis Capital Holdings (AXS) Operating Expenses (2009 - 2026)

Axis Capital Holdings (AXS) reported Operating Expenses of $1.3 billion for Q1 2026, up 3.85% on a YoY basis from $1.3 billion in Q1 2025, and down 4.92% sequentially from $1.4 billion in Q4 2025.

Axis Capital Holdings (AXS) Operating Expenses (2009 - 2026) Analysis & Trends

Axis Capital Holdings (AXS) has 18 years of Operating Expenses data on file, last reported at $1.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.85% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $5.4 billion (up 6.23% YoY), and the FY2025 full-year result was $5.3 billion, up 8.04% from the prior year.
  • Operating Expenses eased to $1.3 billion in Q1 2026, 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.
  • A 5-year average of $1.3 billion and a median of $1.2 billion in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses rose 21.78% in 2023 and dropped 27.72% in 2024, its largest moves.
  • Tracing AXS's Operating Expenses over 5 years: stood at $1.4 billion in 2022, then climbed by 21.78% to $1.7 billion in 2023, then retreated by 27.72% to $1.2 billion in 2024, then gained by 16.59% to $1.4 billion in 2025, then decreased by 4.92% to $1.3 billion in 2026.
  • Business Quant data shows AXS's Operating Expenses at $1.3 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn 2.73 Bn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn 1.34 Bn
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn 1.83 Bn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn 98.69 Mn
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn 90.25 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn 129.35 Mn
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn 2.23 Mn
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn 227.00 Mn
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn 58.53 Mn
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 Mn 194.80 Mn

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