AX FY 2025 Earnings Report — Axos Financial, Inc. Revenue & Financial Results | Market Cap Arena

Axos Financial, Inc.AX

FY 2025 Earnings

Reported August 21, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.8B	—	9.2%
Op. Income	$613M	—	$635M	—	-3.5%
Gross Margin	61.5%	—	58.9%	—	2.6pp
Net Margin	22.4%	—	25.5%	—	-3.0pp
EPS (Diluted)	$7.43	—	$7.66	—	-3.0%
Free Cash Flow	$436M	—	$270M	—	61.8%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$743M
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$48M
General & Administrative	$360M
SG&A Expenses	$408M
Other Expenses	$165M
Operating Expenses	$573M
Cost & Expenses	$1.3B
OPERATING INCOME	$613M
Interest Income	$1.8B
Interest Expense	$688M
Other Income/Expenses	$0
INCOME BEFORE TAX	$613M
Income Tax Expense	$180M
Net Income from Continuing Ops	$433M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$433M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$433M
D&A	$29M
EBIT	$613M
EBITDA	$642M
EPS	$8
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$743M
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$48M
General & Administrative	$360M
SG&A Expenses	$408M
Other Expenses	$165M
Operating Expenses	$573M
Cost & Expenses	$1.3B
OPERATING INCOME	$613M
Interest Income	$1.8B
Interest Expense	$688M
Other Income/Expenses	$0
INCOME BEFORE TAX	$613M
Income Tax Expense	$180M
Net Income from Continuing Ops	$433M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$433M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$433M
D&A	$29M
EBIT	$613M
EBITDA	$642M
EPS	$8
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$433M
Depreciation & Amortization	$29M
Stock-Based Compensation	$42M
Deferred Income Tax	-$28M
Other Non-Cash Items	-$65M
Change in Working Capital	$79M
OPERATING CASH FLOW	$490M
Capital Expenditure	-$54M
Acquisitions (Net)	$0
Purchases of Investments	-$42M
Sales/Maturities of Investments	$100M
Other Investing Activities	-$1.8B
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	-$43M
Common Stock Repurchased	-$58M
Common Dividends Paid	$0
Other Financing Activities	$1.4B
NET CASH FROM FINANCING	$1.3B
FREE CASH FLOW	$436M
Net Change in Cash	-$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$66M
Net Receivables	$374M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$0
Goodwill	$98M
Intangible Assets	$64M
Long-Term Investments	$21.1B
Tax Assets	$0
Other Non-Current Assets	$1.2B
TOTAL NON-CURRENT ASSETS	$22.4B
TOTAL ASSETS	$24.8B
Account Payables	$351M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$20.8B
TOTAL CURRENT LIABILITIES	$21.2B
Long-Term Debt	$373M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$550M
TOTAL NON-CURRENT LIABILITIES	$922M
TOTAL LIABILITIES	$22.1B
Common Stock	$711.0K
Additional Paid-In Capital	$549M
Retained Earnings	$2.6B
Treasury Stock	-$488M
Accum. Other Comp. Income	$348.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.7B
Minority Interest	$0
TOTAL EQUITY	$2.7B
TOTAL LIABILITIES & EQUITY	$24.8B
Total Debt	$373M
Net Debt	-$1.6B