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Side-by-side financial comparison of ACCO BRANDS Corp (ACCO) and Axos Financial, Inc. (AX). Click either name above to swap in a different company.

ACCO BRANDS Corp is the larger business by last-quarter revenue ($428.8M vs $392.2M, roughly 1.1× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 5.0%, a 26.8% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 9.3%).

ACCO Brands Corporation is an American multinational company. It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation (GBC). As of 2025, its president and CEO is Thomas W. Tedford.

Axos Financial is an American bank holding company based in Las Vegas, Nevada and is the parent of Axos Bank, a direct bank. It also offers registered investment adviser services and an electronic trading platform.

ACCO vs AX — Head-to-Head

Bigger by revenue
ACCO
ACCO
1.1× larger
ACCO
$428.8M
$392.2M
AX
Higher net margin
AX
AX
26.8% more per $
AX
31.8%
5.0%
ACCO
Faster 2-yr revenue CAGR
AX
AX
Annualised
AX
16.1%
9.3%
ACCO

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ACCO
ACCO
AX
AX
Revenue
$428.8M
$392.2M
Net Profit
$21.3M
$124.7M
Gross Margin
33.6%
Operating Margin
9.3%
Net Margin
5.0%
31.8%
Revenue YoY
-4.3%
Net Profit YoY
3.4%
18.5%
EPS (diluted)
$0.23
$2.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACCO
ACCO
AX
AX
Q1 26
$392.2M
Q4 25
$428.8M
$385.1M
Q3 25
$383.7M
$323.4M
Q2 25
$394.8M
$321.4M
Q1 25
$317.4M
$308.8M
Q4 24
$448.1M
$307.9M
Q3 24
$420.9M
$320.7M
Q2 24
$438.3M
$290.9M
Net Profit
ACCO
ACCO
AX
AX
Q1 26
$124.7M
Q4 25
$21.3M
$128.4M
Q3 25
$4.0M
$112.4M
Q2 25
$29.2M
$110.7M
Q1 25
$-13.2M
$105.2M
Q4 24
$20.6M
$104.7M
Q3 24
$9.3M
$112.3M
Q2 24
$-125.2M
$104.9M
Gross Margin
ACCO
ACCO
AX
AX
Q1 26
Q4 25
33.6%
Q3 25
33.0%
Q2 25
32.9%
Q1 25
31.4%
Q4 24
34.7%
Q3 24
32.5%
Q2 24
34.8%
Operating Margin
ACCO
ACCO
AX
AX
Q1 26
Q4 25
9.3%
45.6%
Q3 25
6.8%
46.3%
Q2 25
8.4%
48.5%
Q1 25
-2.1%
47.9%
Q4 24
9.4%
48.8%
Q3 24
6.2%
49.6%
Q2 24
-25.4%
49.6%
Net Margin
ACCO
ACCO
AX
AX
Q1 26
31.8%
Q4 25
5.0%
33.3%
Q3 25
1.0%
34.7%
Q2 25
7.4%
34.4%
Q1 25
-4.2%
34.1%
Q4 24
4.6%
34.0%
Q3 24
2.2%
35.0%
Q2 24
-28.6%
36.0%
EPS (diluted)
ACCO
ACCO
AX
AX
Q1 26
$2.15
Q4 25
$0.23
$2.22
Q3 25
$0.04
$1.94
Q2 25
$0.31
$1.89
Q1 25
$-0.14
$1.81
Q4 24
$0.21
$1.80
Q3 24
$0.09
$1.93
Q2 24
$-1.29
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACCO
ACCO
AX
AX
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$664.6M
$3.1B
Total Assets
$2.3B
$29.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACCO
ACCO
AX
AX
Q1 26
Q4 25
$1.0B
Q3 25
$2.6B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.4B
Q3 24
$2.6B
Q2 24
$2.0B
Total Debt
ACCO
ACCO
AX
AX
Q1 26
Q4 25
Q3 25
Q2 25
$312.7M
Q1 25
$377.4M
Q4 24
$358.7M
Q3 24
$313.5M
Q2 24
$325.7M
Stockholders' Equity
ACCO
ACCO
AX
AX
Q1 26
$3.1B
Q4 25
$664.6M
$2.9B
Q3 25
$644.0M
$2.8B
Q2 25
$637.3M
$2.7B
Q1 25
$606.1M
$2.6B
Q4 24
$606.1M
$2.5B
Q3 24
$615.5M
$2.4B
Q2 24
$617.1M
$2.3B
Total Assets
ACCO
ACCO
AX
AX
Q1 26
$29.2B
Q4 25
$2.3B
$28.2B
Q3 25
$2.3B
$27.4B
Q2 25
$2.4B
$24.8B
Q1 25
$2.3B
$24.0B
Q4 24
$2.2B
$23.7B
Q3 24
$2.4B
$23.6B
Q2 24
$2.4B
$22.9B
Debt / Equity
ACCO
ACCO
AX
AX
Q1 26
Q4 25
Q3 25
Q2 25
0.12×
Q1 25
0.14×
Q4 24
0.14×
Q3 24
0.13×
Q2 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACCO
ACCO
AX
AX
Operating Cash FlowLast quarter
$30.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACCO
ACCO
AX
AX
Q1 26
Q4 25
$30.6M
$104.1M
Q3 25
$71.5M
$118.4M
Q2 25
$-38.9M
$490.3M
Q1 25
$5.5M
$73.7M
Q4 24
$52.7M
$162.5M
Q3 24
$92.9M
$70.8M
Q2 24
$-25.6M
$305.5M
Free Cash Flow
ACCO
ACCO
AX
AX
Q1 26
Q4 25
$85.4M
Q3 25
$109.3M
Q2 25
$436.1M
Q1 25
$65.1M
Q4 24
$156.4M
Q3 24
$53.0M
Q2 24
$269.5M
FCF Margin
ACCO
ACCO
AX
AX
Q1 26
Q4 25
22.2%
Q3 25
33.8%
Q2 25
135.7%
Q1 25
21.1%
Q4 24
50.8%
Q3 24
16.5%
Q2 24
92.6%
Capex Intensity
ACCO
ACCO
AX
AX
Q1 26
Q4 25
4.9%
Q3 25
2.8%
Q2 25
16.9%
Q1 25
2.8%
Q4 24
2.0%
Q3 24
5.5%
Q2 24
12.4%
Cash Conversion
ACCO
ACCO
AX
AX
Q1 26
Q4 25
1.44×
0.81×
Q3 25
17.88×
1.05×
Q2 25
-1.33×
4.43×
Q1 25
0.70×
Q4 24
2.56×
1.55×
Q3 24
9.99×
0.63×
Q2 24
2.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACCO
ACCO

Transferred At Point In Time$421.6M98%
Transferred Over Time$7.2M2%

AX
AX

Net Interest Income$306.3M78%
Noninterest Income$86.0M22%

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