Axos Financial (AX) financial statements
Axos Financial reported revenue of $81M in fiscal 2026, down 15.8% a year over 9 years.
Net income was $490M.
Free cash flow was $291M, and the company returned $22M in net buybacks.
The diluted share count fell 11% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Axos Financial's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $381M | $9M | $28M | $27M | $31M | $59M | $65M | $65M | $66M | $81M |
| Interest expense | $74M | $107M | $156M | $145M | $79M | $53M | $374M | $694M | $688M | $710M |
| Pre-tax income | $233M | $240M | $213M | $263M | $306M | $340M | $432M | $635M | $613M | $647M |
| Income tax | $98M | $87M | $58M | $79M | $90M | $99M | $125M | $185M | $180M | $156M |
| Net income | $135M | $152M | $155M | $183M | $216M | $241M | $307M | $450M | $433M | $490M |
| EPS (diluted) | $2.10 | $2.37 | $2.48 | $2.98 | $3.56 | $3.97 | $5.07 | $7.66 | $7.43 | $8.48 |
| Diluted shares | 64M | 63M | 62M | 61M | 59M | 60M | 60M | 58M | 57M | 57M |
| Net margin | 35.3% | 1725.5% | 561.5% | 684.0% | 688.4% | 405.0% | 470.7% | 696.2% | 658.0% | 603.5% |
Balance sheet
Fiscal years, from Axos Financial's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $644M | $623M | $857M | $2.0B | $1.0B | $1.6B | $2.2B | $2.0B | $1.9B | $1.1B |
| Property, plant and equipment | $17M | $21M | $33M | $31M | $26M | $36M | $53M | $73M | $105M | $145M |
| Goodwill | — | $36M | $71M | $71M | $71M | $96M | $98M | $98M | $98M | $144M |
| Total assets | $8.5B | $9.5B | $11.2B | $13.9B | $14.3B | $17.4B | $20.3B | $22.9B | $24.8B | $30.0B |
| Total liabilities | $7.7B | $8.6B | $10.1B | $12.6B | $12.9B | $15.8B | $18.4B | $20.6B | $22.1B | $26.8B |
| Shareholders' equity | $834M | $961M | $1.1B | $1.2B | $1.4B | $1.6B | $1.9B | $2.3B | $2.7B | $3.2B |
| Net debt | -$644M | -$623M | -$857M | -$2.0B | -$1.0B | -$1.6B | -$2.2B | -$2.0B | -$1.9B | -$1.1B |
Cash flow
Fiscal years, from Axos Financial's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $198M | $168M | $204M | $284M | $413M | $217M | $197M | $305M | $490M | $558M |
| Capital spending | $9M | $12M | $20M | $12M | $10M | $22M | $30M | $36M | $54M | $266M |
| Free cash flow | $190M | $156M | $184M | $272M | $402M | $195M | $166M | $270M | $436M | $291M |
| Stock-based compensation | $15M | $20M | $23M | $22M | $21M | $21M | $26M | $35M | $42M | $44M |
| Share buybacks (net) | $0 | -$35M | -$56M | -$39M | -$17M | $0 | -$49M | -$96M | -$58M | -$22M |
| Net borrowing | -$15M | -$20M | — | — | — | — | — | — | — | — |
| Free cash flow margin | 49.8% | 1767.2% | 667.3% | 1013.5% | 1283.4% | 328.3% | 255.1% | 416.9% | 662.9% | 358.3% |
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Open AX in InvestinglyQuestions
What was Axos Financial's revenue in 2026?
$81M in fiscal 2026, from its 10-K filing.
How much free cash flow does Axos Financial generate?
$291M in fiscal 2026 (operating cash flow minus capital spending).
From Axos Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.