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Side-by-side financial comparison of Axos Financial, Inc. (AX) and Credo Technology Group Holding Ltd (CRDO). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $268.0M, roughly 1.5× Credo Technology Group Holding Ltd). Axos Financial, Inc. runs the higher net margin — 31.8% vs 30.8%, a 1.0% gap on every dollar of revenue. Over the past eight quarters, Credo Technology Group Holding Ltd's revenue compounded faster (124.8% CAGR vs 16.1%).
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.
Seiko Group is a corporate group composed of Seiko Group Corporation and its subsidiaries and affiliates. It used to be recognized as a corporate group consisting of three core companies Seiko Holdings Corp., Seiko Instruments Inc., and Seiko Epson Corp. The three companies were linked by a common thread of timepiece technology. Although Epson still develops and manufactures wristwatches for the Seiko Group, Epson and its subsidiaries are not considered part of the group.
AX vs CRDO — Head-to-Head
Income Statement — Q3 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $268.0M |
| Net Profit | $124.7M | $82.6M |
| Gross Margin | — | 67.5% |
| Operating Margin | — | 29.4% |
| Net Margin | 31.8% | 30.8% |
| Revenue YoY | — | 272.1% |
| Net Profit YoY | 18.5% | 2055.9% |
| EPS (diluted) | $2.15 | $0.44 |
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 | — | ||
| Q4 25 | $385.1M | $268.0M | ||
| Q3 25 | $323.4M | $223.1M | ||
| Q2 25 | $321.4M | $170.0M | ||
| Q1 25 | $308.8M | $135.0M | ||
| Q4 24 | $307.9M | $72.0M | ||
| Q3 24 | $320.7M | $59.7M | ||
| Q2 24 | $290.9M | $60.8M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $82.6M | ||
| Q3 25 | $112.4M | $63.4M | ||
| Q2 25 | $110.7M | $36.6M | ||
| Q1 25 | $105.2M | $29.4M | ||
| Q4 24 | $104.7M | $-4.2M | ||
| Q3 24 | $112.3M | $-9.5M | ||
| Q2 24 | $104.9M | $-10.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 67.5% | ||
| Q3 25 | — | 67.4% | ||
| Q2 25 | — | 67.2% | ||
| Q1 25 | — | 63.6% | ||
| Q4 24 | — | 63.2% | ||
| Q3 24 | — | 62.4% | ||
| Q2 24 | — | 65.8% |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | 29.4% | ||
| Q3 25 | 46.3% | 27.2% | ||
| Q2 25 | 48.5% | 19.9% | ||
| Q1 25 | 47.9% | 19.4% | ||
| Q4 24 | 48.8% | -11.7% | ||
| Q3 24 | 49.6% | -24.2% | ||
| Q2 24 | 49.6% | -13.0% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | 30.8% | ||
| Q3 25 | 34.7% | 28.4% | ||
| Q2 25 | 34.4% | 21.5% | ||
| Q1 25 | 34.1% | 21.7% | ||
| Q4 24 | 34.0% | -5.9% | ||
| Q3 24 | 35.0% | -16.0% | ||
| Q2 24 | 36.0% | -17.2% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $0.44 | ||
| Q3 25 | $1.94 | $0.34 | ||
| Q2 25 | $1.89 | $0.22 | ||
| Q1 25 | $1.81 | $0.16 | ||
| Q4 24 | $1.80 | $-0.03 | ||
| Q3 24 | $1.93 | $-0.06 | ||
| Q2 24 | $1.75 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $813.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $1.3B |
| Total Assets | $29.2B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $813.6M | ||
| Q3 25 | $2.6B | $479.6M | ||
| Q2 25 | $1.9B | $431.3M | ||
| Q1 25 | $2.0B | $379.2M | ||
| Q4 24 | $2.4B | $383.0M | ||
| Q3 24 | $2.6B | $398.6M | ||
| Q2 24 | $2.0B | $410.0M |
| 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 | — | ||
| Q4 25 | $2.9B | $1.3B | ||
| Q3 25 | $2.8B | $781.4M | ||
| Q2 25 | $2.7B | $681.6M | ||
| Q1 25 | $2.6B | $618.2M | ||
| Q4 24 | $2.5B | $567.9M | ||
| Q3 24 | $2.4B | $553.1M | ||
| Q2 24 | $2.3B | $540.2M |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $1.4B | ||
| Q3 25 | $27.4B | $905.2M | ||
| Q2 25 | $24.8B | $809.3M | ||
| Q1 25 | $24.0B | $719.9M | ||
| Q4 24 | $23.7B | $638.6M | ||
| Q3 24 | $23.6B | $644.9M | ||
| Q2 24 | $22.9B | $601.9M |
| 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 | — | $61.7M |
| Free Cash FlowOCF − Capex | — | $38.5M |
| FCF MarginFCF / Revenue | — | 14.4% |
| Capex IntensityCapex / Revenue | — | 8.7% |
| Cash ConversionOCF / Net Profit | — | 0.75× |
| TTM Free Cash FlowTrailing 4 quarters | — | $143.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $61.7M | ||
| Q3 25 | $118.4M | $54.2M | ||
| Q2 25 | $490.3M | $57.8M | ||
| Q1 25 | $73.7M | $4.2M | ||
| Q4 24 | $162.5M | $10.3M | ||
| Q3 24 | $70.8M | $-7.2M | ||
| Q2 24 | $305.5M | $4.2M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $38.5M | ||
| Q3 25 | $109.3M | $51.3M | ||
| Q2 25 | $436.1M | $54.2M | ||
| Q1 25 | $65.1M | $-383.0K | ||
| Q4 24 | $156.4M | $-11.7M | ||
| Q3 24 | $53.0M | $-13.1M | ||
| Q2 24 | $269.5M | $962.0K |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 14.4% | ||
| Q3 25 | 33.8% | 23.0% | ||
| Q2 25 | 135.7% | 31.9% | ||
| Q1 25 | 21.1% | -0.3% | ||
| Q4 24 | 50.8% | -16.2% | ||
| Q3 24 | 16.5% | -21.9% | ||
| Q2 24 | 92.6% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 8.7% | ||
| Q3 25 | 2.8% | 1.3% | ||
| Q2 25 | 16.9% | 2.1% | ||
| Q1 25 | 2.8% | 3.4% | ||
| Q4 24 | 2.0% | 30.5% | ||
| Q3 24 | 5.5% | 9.8% | ||
| Q2 24 | 12.4% | 5.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 0.75× | ||
| Q3 25 | 1.05× | 0.85× | ||
| Q2 25 | 4.43× | 1.58× | ||
| Q1 25 | 0.70× | 0.14× | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 2.91× | — |
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% |
CRDO
| Other | $132.1M | 49% |
| HK | $104.4M | 39% |
| RESTOFTHEWORLD | $31.5M | 12% |
