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Side-by-side financial comparison of Axos Financial, Inc. (AX) and DIODES INC (DIOD). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $391.6M, roughly 1.0× DIODES INC). Axos Financial, Inc. runs the higher net margin — 31.8% vs 2.6%, a 29.2% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 13.9%).
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.
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
AX vs DIOD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $391.6M |
| Net Profit | $124.7M | $10.2M |
| Gross Margin | — | 31.1% |
| Operating Margin | — | 3.4% |
| Net Margin | 31.8% | 2.6% |
| Revenue YoY | — | 15.4% |
| Net Profit YoY | 18.5% | 23.8% |
| EPS (diluted) | $2.15 | $0.23 |
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 | $391.6M | ||
| Q3 25 | $323.4M | $392.2M | ||
| Q2 25 | $321.4M | $366.2M | ||
| Q1 25 | $308.8M | $332.1M | ||
| Q4 24 | $307.9M | $339.3M | ||
| Q3 24 | $320.7M | $350.1M | ||
| Q2 24 | $290.9M | $319.8M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $10.2M | ||
| Q3 25 | $112.4M | $14.3M | ||
| Q2 25 | $110.7M | $46.1M | ||
| Q1 25 | $105.2M | $-4.4M | ||
| Q4 24 | $104.7M | $8.2M | ||
| Q3 24 | $112.3M | $13.7M | ||
| Q2 24 | $104.9M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 31.1% | ||
| Q3 25 | — | 30.7% | ||
| Q2 25 | — | 31.5% | ||
| Q1 25 | — | 31.5% | ||
| Q4 24 | — | 32.7% | ||
| Q3 24 | — | 33.7% | ||
| Q2 24 | — | 33.6% |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | 3.4% | ||
| Q3 25 | 46.3% | 3.0% | ||
| Q2 25 | 48.5% | 2.6% | ||
| Q1 25 | 47.9% | 0.4% | ||
| Q4 24 | 48.8% | 3.5% | ||
| Q3 24 | 49.6% | 6.2% | ||
| Q2 24 | 49.6% | 1.2% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | 2.6% | ||
| Q3 25 | 34.7% | 3.6% | ||
| Q2 25 | 34.4% | 12.6% | ||
| Q1 25 | 34.1% | -1.3% | ||
| Q4 24 | 34.0% | 2.4% | ||
| Q3 24 | 35.0% | 3.9% | ||
| Q2 24 | 36.0% | 2.5% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $0.23 | ||
| Q3 25 | $1.94 | $0.31 | ||
| Q2 25 | $1.89 | $0.99 | ||
| Q1 25 | $1.81 | $-0.10 | ||
| Q4 24 | $1.80 | $0.18 | ||
| Q3 24 | $1.93 | $0.30 | ||
| 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 | — | $377.0M |
| Total DebtLower is stronger | — | $25.7M |
| Stockholders' EquityBook value | $3.1B | $1.9B |
| Total Assets | $29.2B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $377.0M | ||
| Q3 25 | $2.6B | $386.4M | ||
| Q2 25 | $1.9B | $327.3M | ||
| Q1 25 | $2.0B | $343.9M | ||
| Q4 24 | $2.4B | $316.1M | ||
| Q3 24 | $2.6B | $319.3M | ||
| Q2 24 | $2.0B | $273.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $25.7M | ||
| Q3 25 | — | $24.9M | ||
| Q2 25 | $312.7M | $26.4M | ||
| Q1 25 | $377.4M | $20.5M | ||
| Q4 24 | $358.7M | $20.7M | ||
| Q3 24 | $313.5M | $22.2M | ||
| Q2 24 | $325.7M | $20.3M |
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $1.9B | ||
| Q3 25 | $2.8B | $1.9B | ||
| Q2 25 | $2.7B | $1.9B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $2.4B | $1.8B | ||
| Q2 24 | $2.3B | $1.8B |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $2.4B | ||
| Q3 25 | $27.4B | $2.5B | ||
| Q2 25 | $24.8B | $2.5B | ||
| Q1 25 | $24.0B | $2.4B | ||
| Q4 24 | $23.7B | $2.4B | ||
| Q3 24 | $23.6B | $2.4B | ||
| Q2 24 | $22.9B | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.01× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | 0.12× | 0.01× | ||
| Q1 25 | 0.14× | 0.01× | ||
| Q4 24 | 0.14× | 0.01× | ||
| Q3 24 | 0.13× | 0.01× | ||
| Q2 24 | 0.14× | 0.01× |
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 | — | $38.1M |
| Free Cash FlowOCF − Capex | — | $12.4M |
| FCF MarginFCF / Revenue | — | 3.2% |
| Capex IntensityCapex / Revenue | — | 6.6% |
| Cash ConversionOCF / Net Profit | — | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | — | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $38.1M | ||
| Q3 25 | $118.4M | $79.1M | ||
| Q2 25 | $490.3M | $41.5M | ||
| Q1 25 | $73.7M | $56.7M | ||
| Q4 24 | $162.5M | $81.8M | ||
| Q3 24 | $70.8M | $54.4M | ||
| Q2 24 | $305.5M | $14.4M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $12.4M | ||
| Q3 25 | $109.3M | $62.8M | ||
| Q2 25 | $436.1M | $21.1M | ||
| Q1 25 | $65.1M | $40.8M | ||
| Q4 24 | $156.4M | $62.1M | ||
| Q3 24 | $53.0M | $39.4M | ||
| Q2 24 | $269.5M | $-3.5M |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 3.2% | ||
| Q3 25 | 33.8% | 16.0% | ||
| Q2 25 | 135.7% | 5.8% | ||
| Q1 25 | 21.1% | 12.3% | ||
| Q4 24 | 50.8% | 18.3% | ||
| Q3 24 | 16.5% | 11.2% | ||
| Q2 24 | 92.6% | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 6.6% | ||
| Q3 25 | 2.8% | 4.2% | ||
| Q2 25 | 16.9% | 5.6% | ||
| Q1 25 | 2.8% | 4.8% | ||
| Q4 24 | 2.0% | 5.8% | ||
| Q3 24 | 5.5% | 4.3% | ||
| Q2 24 | 12.4% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 3.74× | ||
| Q3 25 | 1.05× | 5.54× | ||
| Q2 25 | 4.43× | 0.90× | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 1.55× | 9.93× | ||
| Q3 24 | 0.63× | 3.95× | ||
| Q2 24 | 2.91× | 1.80× |
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% |
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
