Axos Financial, Inc. (AX) — Financial statements
Income statement, balance sheet, and cash flow for Axos Financial, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,929↑9.2% | 1,768↑39.8% | 1,264↑66.8% | 758↑6.5% | 712 | |
| Cost of Revenue | 743↑2.3% | 727↑82.5% | 398↑421.8% | 76↓25.8% | 103 | |
| Gross Profit | 1,186↑13.9% | 1,041↑20.2% | 866↑27.0% | 682↑11.9% | 609 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 360↑17.9% | 305↑14.1% | 268↑23.3% | 217↑15.1% | 189 | |
| Selling & Marketing Expenses | 48↑11.6% | 43↑15.2% | 37↑173.6% | 14↓4.4% | 14 | |
| SG&A Expenses | 408↑17.2% | 348↑14.0% | 305↑32.4% | 231↑13.7% | 203 | |
| Other Expenses | 165↑187.5% | 57↓55.5% | 129↑16.1% | 111↑10.4% | 100 | |
| Operating Expenses | 573↑41.2% | 405↓6.6% | 434↑27.1% | 342↑12.6% | 303 | |
| Total Costs & Expenses | 1,316↑16.2% | 1,132↑36.0% | 832↑99.2% | 418↑2.9% | 406 | |
| Operating Results | ||||||
| Operating Income | 613↓3.5% | 635↑47.2% | 432↑27.0% | 340↑11.2% | 306 | |
| Depreciation & Amortization | 29↑7.1% | 27↑15.8% | 23↓4.9% | 25↓19.2% | 30 | |
| EBITDA | 642↓3.0% | 663↑45.6% | 455↑24.8% | 365↑8.4% | 336 | |
| EBIT | 613↓3.5% | 635↑47.2% | 432↑27.0% | 340↑11.2% | 306 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,128↑17.3% | 961↑22.8% | 783↑29.0% | 607↑12.7% | 539 | |
| Interest Income | 1,815↑9.7% | 1,656↑43.1% | 1,157↑75.4% | 660↑6.8% | 618 | |
| Interest Expense | 688↓0.9% | 694↑85.6% | 374↑611.5% | 53↓33.6% | 79 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 613↓3.5% | 635↑47.2% | 432↑27.0% | 340↑11.2% | 306 | |
| Income Tax Expense | 180↓2.7% | 185↑48.9% | 125↑25.5% | 99↑10.2% | 90 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 433↓3.8% | 450↑46.5% | 307↑27.6% | 241↑11.6% | 216 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 433↓3.8% | 450↑46.5% | 307↑27.6% | 241↑11.6% | 216 | |
| Bottom-Line Net Income | 433↓3.8% | 450↑46.5% | 307↑27.6% | 241↑11.7% | 216 | |
| EPS (Basic) | 7.61↓2.7% | 7.82↑51.8% | 5.15↑27.5% | 4.04↑11.0% | 3.64 | |
| EPS (Diluted) | 7.43↓3.0% | 7.66↑51.1% | 5.07↑27.7% | 3.97↑11.5% | 3.56 | |
| Weighted Average Shares | 57↓1.1% | 58↓3.7% | 60↑0.3% | 60↑0.5% | 59 | |
| Weighted Average Diluted Shares | 58↓0.8% | 59↓3.0% | 61↓0.1% | 61↑0.2% | 61 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.