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Side-by-side financial comparison of Axos Financial, Inc. (AX) and Bandwidth Inc. (BAND). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $208.8M, roughly 1.9× Bandwidth Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 1.9%, a 29.9% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 9.7%).
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.
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.
AX vs BAND — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $208.8M |
| Net Profit | $124.7M | $4.0M |
| Gross Margin | — | 37.3% |
| Operating Margin | — | 60.5% |
| Net Margin | 31.8% | 1.9% |
| Revenue YoY | — | 20.1% |
| Net Profit YoY | 18.5% | 200.0% |
| EPS (diluted) | $2.15 | $-0.08 |
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.
| Q1 26 | $392.2M | $208.8M | ||
| Q4 25 | $385.1M | $207.7M | ||
| Q3 25 | $323.4M | $191.9M | ||
| Q2 25 | $321.4M | $180.0M | ||
| Q1 25 | $308.8M | $174.2M | ||
| Q4 24 | $307.9M | $210.0M | ||
| Q3 24 | $320.7M | $193.9M | ||
| Q2 24 | $290.9M | $173.6M |
| Q1 26 | $124.7M | $4.0M | ||
| Q4 25 | $128.4M | — | ||
| Q3 25 | $112.4M | $-1.2M | ||
| Q2 25 | $110.7M | $-4.9M | ||
| Q1 25 | $105.2M | $-3.7M | ||
| Q4 24 | $104.7M | — | ||
| Q3 24 | $112.3M | $413.0K | ||
| Q2 24 | $104.9M | $4.1M |
| Q1 26 | — | 37.3% | ||
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 38.5% | ||
| Q2 25 | — | 39.8% | ||
| Q1 25 | — | 41.0% | ||
| Q4 24 | — | 36.4% | ||
| Q3 24 | — | 37.7% | ||
| Q2 24 | — | 37.3% |
| Q1 26 | — | 60.5% | ||
| Q4 25 | 45.6% | -1.9% | ||
| Q3 25 | 46.3% | -1.0% | ||
| Q2 25 | 48.5% | -2.1% | ||
| Q1 25 | 47.9% | -2.7% | ||
| Q4 24 | 48.8% | -1.3% | ||
| Q3 24 | 49.6% | -0.5% | ||
| Q2 24 | 49.6% | -3.5% |
| Q1 26 | 31.8% | 1.9% | ||
| Q4 25 | 33.3% | — | ||
| Q3 25 | 34.7% | -0.6% | ||
| Q2 25 | 34.4% | -2.7% | ||
| Q1 25 | 34.1% | -2.1% | ||
| Q4 24 | 34.0% | — | ||
| Q3 24 | 35.0% | 0.2% | ||
| Q2 24 | 36.0% | 2.3% |
| Q1 26 | $2.15 | $-0.08 | ||
| Q4 25 | $2.22 | $-0.10 | ||
| Q3 25 | $1.94 | $-0.04 | ||
| Q2 25 | $1.89 | $-0.16 | ||
| Q1 25 | $1.81 | $-0.13 | ||
| Q4 24 | $1.80 | $0.27 | ||
| Q3 24 | $1.93 | $0.01 | ||
| Q2 24 | $1.75 | $-0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $47.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $405.7M |
| Total Assets | $29.2B | $984.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $47.3M | ||
| Q4 25 | $1.0B | $111.3M | ||
| Q3 25 | $2.6B | $80.4M | ||
| Q2 25 | $1.9B | $68.1M | ||
| Q1 25 | $2.0B | $41.7M | ||
| Q4 24 | $2.4B | $83.8M | ||
| Q3 24 | $2.6B | $79.9M | ||
| Q2 24 | $2.0B | $76.4M |
| 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 | — |
| Q1 26 | $3.1B | $405.7M | ||
| Q4 25 | $2.9B | $400.0M | ||
| Q3 25 | $2.8B | $392.7M | ||
| Q2 25 | $2.7B | $384.5M | ||
| Q1 25 | $2.6B | $345.4M | ||
| Q4 24 | $2.5B | $312.5M | ||
| Q3 24 | $2.4B | $336.6M | ||
| Q2 24 | $2.3B | $307.4M |
| Q1 26 | $29.2B | $984.2M | ||
| Q4 25 | $28.2B | $1.1B | ||
| Q3 25 | $27.4B | $1.0B | ||
| Q2 25 | $24.8B | $1.0B | ||
| Q1 25 | $24.0B | $964.4M | ||
| Q4 24 | $23.7B | $989.2M | ||
| Q3 24 | $23.6B | $1.0B | ||
| Q2 24 | $22.9B | $1.0B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | — | $-1.0M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $38.6M | ||
| Q3 25 | $118.4M | $22.2M | ||
| Q2 25 | $490.3M | $31.7M | ||
| Q1 25 | $73.7M | $-3.1M | ||
| Q4 24 | $162.5M | $36.5M | ||
| Q3 24 | $70.8M | $20.5M | ||
| Q2 24 | $305.5M | $24.4M |
| Q1 26 | — | $-1.0M | ||
| 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 | — |
| Q1 26 | — | -0.5% | ||
| 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% | — |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 4.43× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 0.63× | 49.55× | ||
| Q2 24 | 2.91× | 6.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
BAND
Segment breakdown not available.
