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Side-by-side financial comparison of Axos Financial, Inc. (AX) and BALCHEM CORP (BCPC). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($385.1M vs $270.7M, roughly 1.4× BALCHEM CORP). Axos Financial, Inc. runs the higher net margin — 33.3% vs 14.9%, a 18.5% gap on every dollar of revenue. On growth, Axos Financial, Inc. posted the faster year-over-year revenue change (25.1% vs 8.1%). Axos Financial, Inc. produced more free cash flow last quarter ($85.4M vs $33.8M). Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (14.3% CAGR vs 7.5%).
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.
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
AX vs BCPC — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $385.1M | $270.7M |
| Net Profit | $128.4M | $40.3M |
| Gross Margin | — | — |
| Operating Margin | 45.6% | 20.5% |
| Net Margin | 33.3% | 14.9% |
| Revenue YoY | 25.1% | 8.1% |
| Net Profit YoY | 22.6% | 8.7% |
| EPS (diluted) | $2.22 | $1.25 |
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 | — | $270.7M | ||
| Q4 25 | $385.1M | $263.6M | ||
| Q3 25 | $323.4M | $267.6M | ||
| Q2 25 | $321.4M | $255.5M | ||
| Q1 25 | $308.8M | $250.5M | ||
| Q4 24 | $307.9M | $240.0M | ||
| Q3 24 | $320.7M | $239.9M | ||
| Q2 24 | $290.9M | $234.1M |
| Q1 26 | — | $40.3M | ||
| Q4 25 | $128.4M | $39.2M | ||
| Q3 25 | $112.4M | $40.3M | ||
| Q2 25 | $110.7M | $38.3M | ||
| Q1 25 | $105.2M | $37.1M | ||
| Q4 24 | $104.7M | $33.6M | ||
| Q3 24 | $112.3M | $33.8M | ||
| Q2 24 | $104.9M | $32.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.6% | ||
| Q3 25 | — | 35.7% | ||
| Q2 25 | — | 36.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 36.0% | ||
| Q3 24 | — | 35.6% | ||
| Q2 24 | — | 35.5% |
| Q1 26 | — | 20.5% | ||
| Q4 25 | 45.6% | 19.8% | ||
| Q3 25 | 46.3% | 20.4% | ||
| Q2 25 | 48.5% | 20.1% | ||
| Q1 25 | 47.9% | 20.4% | ||
| Q4 24 | 48.8% | 19.8% | ||
| Q3 24 | 49.6% | 20.0% | ||
| Q2 24 | 49.6% | 19.6% |
| Q1 26 | — | 14.9% | ||
| Q4 25 | 33.3% | 14.9% | ||
| Q3 25 | 34.7% | 15.1% | ||
| Q2 25 | 34.4% | 15.0% | ||
| Q1 25 | 34.1% | 14.8% | ||
| Q4 24 | 34.0% | 14.0% | ||
| Q3 24 | 35.0% | 14.1% | ||
| Q2 24 | 36.0% | 13.7% |
| Q1 26 | — | $1.25 | ||
| Q4 25 | $2.22 | $1.21 | ||
| Q3 25 | $1.94 | $1.24 | ||
| Q2 25 | $1.89 | $1.17 | ||
| Q1 25 | $1.81 | $1.13 | ||
| Q4 24 | $1.80 | $1.03 | ||
| Q3 24 | $1.93 | $1.03 | ||
| Q2 24 | $1.75 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $72.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.9B | $1.3B |
| Total Assets | $28.2B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $72.9M | ||
| Q4 25 | $1.0B | $74.6M | ||
| Q3 25 | $2.6B | $65.1M | ||
| Q2 25 | $1.9B | $65.4M | ||
| Q1 25 | $2.0B | $49.9M | ||
| Q4 24 | $2.4B | $49.5M | ||
| Q3 24 | $2.6B | $73.7M | ||
| Q2 24 | $2.0B | $63.7M |
| 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 | — | $1.3B | ||
| Q4 25 | $2.9B | $1.3B | ||
| Q3 25 | $2.8B | $1.3B | ||
| Q2 25 | $2.7B | $1.3B | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.5B | $1.1B | ||
| Q3 24 | $2.4B | $1.2B | ||
| Q2 24 | $2.3B | $1.1B |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $28.2B | $1.7B | ||
| Q3 25 | $27.4B | $1.7B | ||
| Q2 25 | $24.8B | $1.7B | ||
| Q1 25 | $24.0B | $1.6B | ||
| Q4 24 | $23.7B | $1.6B | ||
| Q3 24 | $23.6B | $1.6B | ||
| Q2 24 | $22.9B | $1.6B |
| 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 | $104.1M | $40.1M |
| Free Cash FlowOCF − Capex | $85.4M | $33.8M |
| FCF MarginFCF / Revenue | 22.2% | 12.5% |
| Capex IntensityCapex / Revenue | 4.9% | 2.3% |
| Cash ConversionOCF / Net Profit | 0.81× | 0.99× |
| TTM Free Cash FlowTrailing 4 quarters | $695.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.1M | ||
| Q4 25 | $104.1M | $67.3M | ||
| Q3 25 | $118.4M | $65.6M | ||
| Q2 25 | $490.3M | $47.3M | ||
| Q1 25 | $73.7M | $36.5M | ||
| Q4 24 | $162.5M | $52.3M | ||
| Q3 24 | $70.8M | $51.3M | ||
| Q2 24 | $305.5M | $45.0M |
| Q1 26 | — | $33.8M | ||
| 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 | — | 12.5% | ||
| 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 | — | 2.3% | ||
| 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 | — | 0.99× | ||
| Q4 25 | 0.81× | 1.72× | ||
| Q3 25 | 1.05× | 1.63× | ||
| Q2 25 | 4.43× | 1.23× | ||
| Q1 25 | 0.70× | 0.98× | ||
| Q4 24 | 1.55× | 1.56× | ||
| Q3 24 | 0.63× | 1.52× | ||
| Q2 24 | 2.91× | 1.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
