Filing Flows › Axos Financial (AX) › How it makes money
How Axos Financial (AX) makes money
Axos Financial (AX) made $395M of revenue in the first quarter fiscal 2027 (Q1 FY27), +22% from a year earlier. Net interest income brought in $331M (84%); Noninterest income brought in $63.8M (16%). Of every dollar of revenue, 44¢ was left as operating profit, 33¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q1 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $331M | 83.8% | +4% | +14% |
| Noninterest income | $63.8M | 16.2% | +3% | +97% |
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $395M | 100.0% |
| Operating profit | $175M | 44.3% |
| Income tax | $45.5M | 11.5% |
| Net earnings | $130M | 32.8% |
| Operating cash flow | $295M | 74.6% |
| Free cash flow | $235M | 59.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $395M | +22% |
From Axos Financial's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Axos Financial make money?
Axos Financial (AX) made $395M of revenue in the first quarter fiscal 2027 (Q1 FY27), +22% from a year earlier. Net interest income brought in $331M (84%); Noninterest income brought in $63.8M (16%). Of every dollar of revenue, 44¢ was left as operating profit, 33¢ was left as net earnings.
What is Axos Financial's biggest business?
Net interest income: $331M in the first quarter fiscal 2027, 84% of revenue, +14% from a year earlier.
What is Axos Financial's profit margin?
Net earnings were $130M, 32.8% of revenue, in the first quarter fiscal 2027; the operating margin was 44.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.