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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and Axos Financial, Inc. (AX). Click either name above to swap in a different company.

Allegiant Travel CO is the larger business by last-quarter revenue ($595.5M vs $385.1M, roughly 1.5× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 33.3% vs 5.4%, a 28.0% gap on every dollar of revenue. On growth, Axos Financial, Inc. posted the faster year-over-year revenue change (25.1% vs 7.6%). Allegiant Travel CO produced more free cash flow last quarter ($90.4M vs $85.4M). Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (14.3% CAGR vs 1.3%).

Allegiant Air, styled as allegiant, is an American low-cost airline headquartered in Las Vegas, Nevada. The airline focuses on serving leisure traffic from small and medium-sized cities which it considers to be underserved, using an ultra low-cost business model with minimal inclusions in fares and a greater number of add-on fees.

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.

ALGT vs AX — Head-to-Head

Bigger by revenue
ALGT
ALGT
1.5× larger
ALGT
$595.5M
$385.1M
AX
Growing faster (revenue YoY)
AX
AX
+17.5% gap
AX
25.1%
7.6%
ALGT
Higher net margin
AX
AX
28.0% more per $
AX
33.3%
5.4%
ALGT
More free cash flow
ALGT
ALGT
$5.0M more FCF
ALGT
$90.4M
$85.4M
AX
Faster 2-yr revenue CAGR
AX
AX
Annualised
AX
14.3%
1.3%
ALGT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ALGT
ALGT
AX
AX
Revenue
$595.5M
$385.1M
Net Profit
$31.9M
$128.4M
Gross Margin
Operating Margin
11.2%
45.6%
Net Margin
5.4%
33.3%
Revenue YoY
7.6%
25.1%
Net Profit YoY
114.8%
22.6%
EPS (diluted)
$1.82
$2.22

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
ALGT
ALGT
AX
AX
Q4 25
$595.5M
$385.1M
Q3 25
$494.1M
$323.4M
Q2 25
$617.9M
$321.4M
Q1 25
$616.8M
$308.8M
Q4 24
$553.6M
$307.9M
Q3 24
$489.0M
$320.7M
Q2 24
$594.5M
$290.9M
Q1 24
$579.9M
$294.8M
Net Profit
ALGT
ALGT
AX
AX
Q4 25
$31.9M
$128.4M
Q3 25
$-43.6M
$112.4M
Q2 25
$-65.2M
$110.7M
Q1 25
$32.1M
$105.2M
Q4 24
$-216.2M
$104.7M
Q3 24
$-36.8M
$112.3M
Q2 24
$13.7M
$104.9M
Q1 24
$-919.0K
$110.7M
Operating Margin
ALGT
ALGT
AX
AX
Q4 25
11.2%
45.6%
Q3 25
-5.5%
46.3%
Q2 25
-10.9%
48.5%
Q1 25
10.5%
47.9%
Q4 24
-47.7%
48.8%
Q3 24
-5.4%
49.6%
Q2 24
5.9%
49.6%
Q1 24
2.7%
52.8%
Net Margin
ALGT
ALGT
AX
AX
Q4 25
5.4%
33.3%
Q3 25
-8.8%
34.7%
Q2 25
-10.5%
34.4%
Q1 25
5.2%
34.1%
Q4 24
-39.1%
34.0%
Q3 24
-7.5%
35.0%
Q2 24
2.3%
36.0%
Q1 24
-0.2%
37.6%
EPS (diluted)
ALGT
ALGT
AX
AX
Q4 25
$1.82
$2.22
Q3 25
$-2.41
$1.94
Q2 25
$-3.62
$1.89
Q1 25
$1.73
$1.81
Q4 24
$-12.12
$1.80
Q3 24
$-2.05
$1.93
Q2 24
$0.75
$1.75
Q1 24
$-0.07
$1.91

Balance Sheet & Financial Strength

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

Metric
ALGT
ALGT
AX
AX
Cash + ST InvestmentsLiquidity on hand
$805.7M
$1.0B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.1B
$2.9B
Total Assets
$4.2B
$28.2B
Debt / EquityLower = less leverage
1.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
AX
AX
Q4 25
$805.7M
$1.0B
Q3 25
$956.7M
$2.6B
Q2 25
$842.8M
$1.9B
Q1 25
$878.6M
$2.0B
Q4 24
$781.1M
$2.4B
Q3 24
$759.3M
$2.6B
Q2 24
$791.9M
$2.0B
Q1 24
$809.9M
$2.1B
Total Debt
ALGT
ALGT
AX
AX
Q4 25
$1.7B
Q3 25
$1.8B
Q2 25
$1.8B
$312.7M
Q1 25
$1.7B
$377.4M
Q4 24
$1.6B
$358.7M
Q3 24
$1.8B
$313.5M
Q2 24
$1.7B
$325.7M
Q1 24
$1.8B
$330.4M
Stockholders' Equity
ALGT
ALGT
AX
AX
Q4 25
$1.1B
$2.9B
Q3 25
$1.0B
$2.8B
Q2 25
$1.1B
$2.7B
Q1 25
$1.1B
$2.6B
Q4 24
$1.1B
$2.5B
Q3 24
$1.3B
$2.4B
Q2 24
$1.3B
$2.3B
Q1 24
$1.3B
$2.2B
Total Assets
ALGT
ALGT
AX
AX
Q4 25
$4.2B
$28.2B
Q3 25
$4.4B
$27.4B
Q2 25
$4.4B
$24.8B
Q1 25
$4.5B
$24.0B
Q4 24
$4.4B
$23.7B
Q3 24
$4.8B
$23.6B
Q2 24
$4.9B
$22.9B
Q1 24
$4.9B
$22.6B
Debt / Equity
ALGT
ALGT
AX
AX
Q4 25
1.60×
Q3 25
1.76×
Q2 25
1.68×
0.12×
Q1 25
1.57×
0.14×
Q4 24
1.48×
0.14×
Q3 24
1.36×
0.13×
Q2 24
1.30×
0.14×
Q1 24
1.35×
0.15×

Cash Flow & Capital Efficiency

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

Metric
ALGT
ALGT
AX
AX
Operating Cash FlowLast quarter
$112.2M
$104.1M
Free Cash FlowOCF − Capex
$90.4M
$85.4M
FCF MarginFCF / Revenue
15.2%
22.2%
Capex IntensityCapex / Revenue
3.7%
4.9%
Cash ConversionOCF / Net Profit
3.51×
0.81×
TTM Free Cash FlowTrailing 4 quarters
$75.1M
$695.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALGT
ALGT
AX
AX
Q4 25
$112.2M
$104.1M
Q3 25
$-6.1M
$118.4M
Q2 25
$92.2M
$490.3M
Q1 25
$191.4M
$73.7M
Q4 24
$84.4M
$162.5M
Q3 24
$17.3M
$70.8M
Q2 24
$68.9M
$305.5M
Q1 24
$167.8M
$115.8M
Free Cash Flow
ALGT
ALGT
AX
AX
Q4 25
$90.4M
$85.4M
Q3 25
$-121.7M
$109.3M
Q2 25
$-10.5M
$436.1M
Q1 25
$116.9M
$65.1M
Q4 24
$24.0M
$156.4M
Q3 24
$-28.7M
$53.0M
Q2 24
$7.0M
$269.5M
Q1 24
$35.9M
$107.3M
FCF Margin
ALGT
ALGT
AX
AX
Q4 25
15.2%
22.2%
Q3 25
-24.6%
33.8%
Q2 25
-1.7%
135.7%
Q1 25
19.0%
21.1%
Q4 24
4.3%
50.8%
Q3 24
-5.9%
16.5%
Q2 24
1.2%
92.6%
Q1 24
6.2%
36.4%
Capex Intensity
ALGT
ALGT
AX
AX
Q4 25
3.7%
4.9%
Q3 25
23.4%
2.8%
Q2 25
16.6%
16.9%
Q1 25
12.1%
2.8%
Q4 24
10.9%
2.0%
Q3 24
9.4%
5.5%
Q2 24
10.4%
12.4%
Q1 24
22.7%
2.9%
Cash Conversion
ALGT
ALGT
AX
AX
Q4 25
3.51×
0.81×
Q3 25
1.05×
Q2 25
4.43×
Q1 25
5.96×
0.70×
Q4 24
1.55×
Q3 24
0.63×
Q2 24
5.03×
2.91×
Q1 24
1.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALGT
ALGT

Airrelatedrevenue$307.1M52%
Scheduled Service Revenue$267.1M45%
Cobrand Revenue$21.3M4%
Other$1.0K0%

AX
AX

Segment breakdown not available.

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