AX Axos Financial margins

  1. Stocks
  2. Financial Services
  3. NYSE: AX
  4. Margins
?
Relative Growth: Rel. Growth: 93
Relative Strength: Rel. Strength: 52
Relative Valuation: Rel. Valuation: 84
Relative Profitability: Rel. Profitability: 90
Gross margin
100%
Operating margin
46.5%
EBITDA margin
53.6%
Net margin
35.2%

For the latest period, Axos Financial has a gross margin of 100%, an operating margin of 46.5%, an EBITDA margin of 53.6%, and a net margin of 35.2%. The biggest positive change was in EBITDA margin, increasing 0.9 percentage points. The biggest negative change was in operating margin, decreasing 3.7 percentage points.

AX margin history

Gross, operating, EBITDA and net margin trends

Axos Financial's margins averaged 100% gross, 51.41% operating, 54.77% EBITDA, and 37.03% net during the last 3 years. Axos Financial's current metrics show that operating, EBITDA, and net margins are below their three-year averages.

AX margin expansion

Year-over-year margin changes in percentage points

Axos Financial's EBITDA margin expanded by 0.9 percentage points, but operating margin contracted by 3.7 percentage points and net margin by 0.8 percentage points.

Gross margin expansion
0pp
Operating margin expansion
-3.7pp
EBITDA margin expansion
0.9pp
Net margin expansion
-0.8pp

AX Gross margin

Reviewing the last 3 years, Axos Financial recorded an average gross margin of 100%. Axos Financial's current gross margin is 100% and is in line with its three-year average. The highest gross margin for Axos Financial was 100% in Sep 2026, while the lowest was 100% in Dec 2023.

AX Operating margin

Looking at the last 3 years, Axos Financial had an average operating margin of 51.41%. Against its three-year average, Axos Financial's operating margin is currently 46.5%, 4.9 percentage points below its three-year average. Looking back over the last 3 years, Axos Financial's operating margin reached 55.5% at its highest point in Sep 2024 and 46.5% at its lowest in Sep 2026.

AX EBITDA margin

Over the last 3 years, Axos Financial's EBITDA margin averaged 54.77%. Right now, Axos Financial's current EBITDA margin is 53.6%, which is 1.2 percentage points below its three-year average. During this period, EBITDA margin reached a high of 57.8% in Sep 2024 and a low of 52.7% in Sep 2025.

AX Net margin

The average net margin for Axos Financial was 37.03% during the last 3 years. At present, the current net margin for Axos Financial is 35.2%, 1.8 percentage points below its three-year average. The net margin for Axos Financial moved between 35.2% in Sep 2026 and 39.5% in Mar 2024.

AX margin group comparison

Margins compared with peer-group, industry and sector averages

Axos Financial's gross margin of 100% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 83.4%, Axos Financial's gross margin is 20% higher.

AX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Axos Financial's gross margin?

The current gross margin for AX is 100% as of Sep 30, 2026.

What is Axos Financial's operating margin?

The current operating margin for AX is 46.5% as of Sep 30, 2026.

What is Axos Financial's EBITDA margin?

The current EBITDA margin for AX is 53.6% as of Sep 30, 2026.

What is Axos Financial's net margin?

For the period ending Sep 30, 2026, AX recorded a net margin of 35.2%.

What are the average margins of AX?

Looking back over 3 years, AX recorded average margins of 100.0% gross, 51.4% operating, 54.8% EBITDA, and 37.0% net.

What are the highest historical margins of AX?

Axos Financial's highest recorded margins during the past 5 years were 100% gross in Sep 2026, 55.5% operating in Sep 2024, 57.8% EBITDA in Sep 2024, and 39.5% net in Mar 2024.

What are the lowest historical margins of AX?

Within the 5-year period, AX recorded its lowest margins at 100% gross in Dec 2021, 46.5% operating in Sep 2022, 49.9% EBITDA in Sep 2022, and 32.9% net in Sep 2022.