Axis Capital Holdings (AXS) Operating Income (2009 - 2026)
Axis Capital Holdings (AXS) posted Operating Income of -$616.9 million for Q2 2026, down 10.34% sequentially from -$559.1 million in Q1 2026, and down 18.3% YoY from -$755.2 million in Q2 2025.
Axis Capital Holdings (AXS) Operating Income (2009 - 2026) Analysis & Trends
Axis Capital Holdings has reported Operating Income for 18 years, with the latest figure at -$616.9 million in Q2 2026.
- Quarterly Operating Income fell 18.3% year-over-year to -$616.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$2.2 billion (up 2.86% YoY) and the FY2025 annual result came in at -$2.1 billion, up 3.62% from the prior year.
- Operating Income slipped to -$616.9 million in Q2 2026 per AXS's latest filing, from -$559.1 million in the prior quarter.
- Over five years, Operating Income peaked at -$459.0 million in Q1 2024 and troughed at -$1.3 billion in Q4 2023.
- A 5-year average of -$631.3 million and a median of -$562.6 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2024: Operating Income slumped 65.39% in 2022, then soared 57.77% in 2024.
- Over 5 years, Operating Income stood at -$826.9 million in 2022, then slumped by 61.79% to -$1.3 billion in 2023, then jumped by 57.77% to -$565.0 million in 2024, then advanced by 6.26% to -$529.6 million in 2025, then fell by 16.48% to -$616.9 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$616.9 million, -$559.1 million, and -$529.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 811.00 Mn |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 183.70 Mn |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | -616.94 Mn |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 73.21 Mn |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 59.47 Mn |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 61.61 Mn |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 180.32 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 74.70 Mn |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 30.33 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 98.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -616.94 Mn |
| Mar 31, 2026 | -559.14 Mn |
| Dec 31, 2025 | -529.64 Mn |
| Sep 30, 2025 | -471.40 Mn |
| Jun 30, 2025 | -521.49 Mn |
| Mar 31, 2025 | -549.82 Mn |
| Dec 31, 2024 | -565.00 Mn |
| Sep 30, 2024 | -604.84 Mn |
| Jun 30, 2024 | -521.38 Mn |
| Mar 31, 2024 | -459.04 Mn |
| Dec 31, 2023 | -1.34 Bn |
| Sep 30, 2023 | -574.16 Mn |
| Jun 30, 2023 | -560.13 Mn |
| Mar 31, 2023 | -522.44 Mn |
| Dec 31, 2022 | -826.94 Mn |
| Sep 30, 2022 | -886.91 Mn |
| Jun 30, 2022 | -661.99 Mn |
| Mar 31, 2022 | -595.03 Mn |
| Dec 31, 2021 | -499.99 Mn |
| Sep 30, 2021 | -867.15 Mn |