Filing Flows › Axos Financial (AX) › Q1 FY27 › vs Q1 FY26
Axos Financial (AX) Q1 FY27 vs Q1 FY26 (year over year)
Axos Financial's revenue rose $71.7M (+22%) from $323M in Q1 FY26 to $395M in Q1 FY27. The biggest changes: Net interest income +$40.2M (+14%); Noninterest income +$31.5M (+97%). Operating margin 44.3% against 46.3% (-2.0 pts).
Axos Financial, Q1 FY27: revenue $395M (+22% year over year), operating margin 44.3%, net earnings $130M, operating cash flow $295M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 44.3% | 46.3% | -2.0 pts |
| Net margin | 32.8% | 34.7% | -1.9 pts |
| Free cash flow margin | 59.6% | 33.8% | +25.8 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Net interest income | $331M | $291M | $40.2M | +14% |
| Noninterest income | $63.8M | $32.3M | $31.5M | +97% |
| Revenue | $395M | $323M | $71.7M | +22% |
| Operating profit | $175M | $150M | $25.3M | +17% |
| Costs & expenses | $220M | $174M | $46.4M | +27% |
| Pre-tax earnings | $175M | $150M | $25.3M | +17% |
| Noninterest expense | $195M | $156M | $39.2M | +25% |
| Other operating costs | $24.5M | $17.3M | $7.2M | +42% |
| Net earnings | $130M | $112M | $17.3M | +15% |
| Income tax | $45.5M | $37.5M | $8.0M | +21% |
| Depreciation & amortization | $29.2M | $8.3M | $20.8M | +250% |
| Share-based compensation | $11.2M | $10.8M | $370K | +3% |
| Working capital & other | $125M | −$13.1M | $138M | — |
| Operating cash flow | $295M | $118M | $176M | +149% |
| Free cash flow (OCF − capex) | $235M | $109M | $126M | +115% |
| Capital expenditures | $59.4M | $9.1M | $50.3M | +550% |
Questions
How much did Axos Financial's revenue grow year over year in Q1 FY27?
Axos Financial's revenue rose $71.7M (+22%) from $323M in Q1 FY26 to $395M in Q1 FY27.
What drove Axos Financial's revenue change in Q1 FY27?
Net interest income +$40.2M (+14%); Noninterest income +$31.5M (+97%).