vs
Side-by-side financial comparison of Axos Financial, Inc. (AX) and Distribution Solutions Group, Inc. (DSGR). Click either name above to swap in a different company.
Distribution Solutions Group, Inc. is the larger business by last-quarter revenue ($518.0M vs $392.2M, roughly 1.3× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 1.2%, a 30.5% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 13.1%).
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.
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
AX vs DSGR — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $518.0M |
| Net Profit | $124.7M | $6.5M |
| Gross Margin | — | 32.9% |
| Operating Margin | — | 4.6% |
| Net Margin | 31.8% | 1.2% |
| Revenue YoY | — | 10.7% |
| Net Profit YoY | 18.5% | -70.6% |
| EPS (diluted) | $2.15 | $0.14 |
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 | — | ||
| Q3 25 | $323.4M | $518.0M | ||
| Q2 25 | $321.4M | $502.4M | ||
| Q1 25 | $308.8M | $478.0M | ||
| Q4 24 | $307.9M | $480.5M | ||
| Q3 24 | $320.7M | $468.0M | ||
| Q2 24 | $290.9M | $439.5M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | — | ||
| Q3 25 | $112.4M | $6.5M | ||
| Q2 25 | $110.7M | $5.0M | ||
| Q1 25 | $105.2M | $3.3M | ||
| Q4 24 | $104.7M | $-25.9M | ||
| Q3 24 | $112.3M | $21.9M | ||
| Q2 24 | $104.9M | $1.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 32.9% | ||
| Q2 25 | — | 33.9% | ||
| Q1 25 | — | 34.3% | ||
| Q4 24 | — | 33.3% | ||
| Q3 24 | — | 33.9% | ||
| Q2 24 | — | 34.5% |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | — | ||
| Q3 25 | 46.3% | 4.6% | ||
| Q2 25 | 48.5% | 5.3% | ||
| Q1 25 | 47.9% | 4.2% | ||
| Q4 24 | 48.8% | 4.2% | ||
| Q3 24 | 49.6% | 4.0% | ||
| Q2 24 | 49.6% | 3.2% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | — | ||
| Q3 25 | 34.7% | 1.2% | ||
| Q2 25 | 34.4% | 1.0% | ||
| Q1 25 | 34.1% | 0.7% | ||
| Q4 24 | 34.0% | -5.4% | ||
| Q3 24 | 35.0% | 4.7% | ||
| Q2 24 | 36.0% | 0.4% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | — | ||
| Q3 25 | $1.94 | $0.14 | ||
| Q2 25 | $1.89 | $0.11 | ||
| Q1 25 | $1.81 | $0.07 | ||
| Q4 24 | $1.80 | $-0.55 | ||
| Q3 24 | $1.93 | $0.46 | ||
| Q2 24 | $1.75 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $69.2M |
| Total DebtLower is stronger | — | $665.5M |
| Stockholders' EquityBook value | $3.1B | $653.9M |
| Total Assets | $29.2B | $1.8B |
| Debt / EquityLower = less leverage | — | 1.02× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $2.6B | $69.2M | ||
| Q2 25 | $1.9B | $47.4M | ||
| Q1 25 | $2.0B | $65.4M | ||
| Q4 24 | $2.4B | $66.5M | ||
| Q3 24 | $2.6B | $61.3M | ||
| Q2 24 | $2.0B | $46.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $665.5M | ||
| Q2 25 | $312.7M | $675.0M | ||
| Q1 25 | $377.4M | $712.4M | ||
| Q4 24 | $358.7M | $693.9M | ||
| Q3 24 | $313.5M | $704.1M | ||
| Q2 24 | $325.7M | $573.7M |
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.8B | $653.9M | ||
| Q2 25 | $2.7B | $649.4M | ||
| Q1 25 | $2.6B | $636.7M | ||
| Q4 24 | $2.5B | $640.5M | ||
| Q3 24 | $2.4B | $680.8M | ||
| Q2 24 | $2.3B | $653.3M |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | — | ||
| Q3 25 | $27.4B | $1.8B | ||
| Q2 25 | $24.8B | $1.8B | ||
| Q1 25 | $24.0B | $1.8B | ||
| Q4 24 | $23.7B | $1.7B | ||
| Q3 24 | $23.6B | $1.8B | ||
| Q2 24 | $22.9B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.02× | ||
| Q2 25 | 0.12× | 1.04× | ||
| Q1 25 | 0.14× | 1.12× | ||
| Q4 24 | 0.14× | 1.08× | ||
| Q3 24 | 0.13× | 1.03× | ||
| Q2 24 | 0.14× | 0.88× |
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 | — | $38.4M |
| Free Cash FlowOCF − Capex | — | $32.9M |
| FCF MarginFCF / Revenue | — | 6.3% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | — | 5.95× |
| TTM Free Cash FlowTrailing 4 quarters | — | $92.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | — | ||
| Q3 25 | $118.4M | $38.4M | ||
| Q2 25 | $490.3M | $33.3M | ||
| Q1 25 | $73.7M | $-4.8M | ||
| Q4 24 | $162.5M | $45.7M | ||
| Q3 24 | $70.8M | $-17.3M | ||
| Q2 24 | $305.5M | $21.4M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | — | ||
| Q3 25 | $109.3M | $32.9M | ||
| Q2 25 | $436.1M | $28.7M | ||
| Q1 25 | $65.1M | $-10.4M | ||
| Q4 24 | $156.4M | $41.1M | ||
| Q3 24 | $53.0M | $-20.5M | ||
| Q2 24 | $269.5M | $18.0M |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | — | ||
| Q3 25 | 33.8% | 6.3% | ||
| Q2 25 | 135.7% | 5.7% | ||
| Q1 25 | 21.1% | -2.2% | ||
| Q4 24 | 50.8% | 8.6% | ||
| Q3 24 | 16.5% | -4.4% | ||
| Q2 24 | 92.6% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | — | ||
| Q3 25 | 2.8% | 1.1% | ||
| Q2 25 | 16.9% | 0.9% | ||
| Q1 25 | 2.8% | 1.2% | ||
| Q4 24 | 2.0% | 1.0% | ||
| Q3 24 | 5.5% | 0.7% | ||
| Q2 24 | 12.4% | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 1.05× | 5.95× | ||
| Q2 25 | 4.43× | 6.66× | ||
| Q1 25 | 0.70× | -1.46× | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 0.63× | -0.79× | ||
| Q2 24 | 2.91× | 11.28× |
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% |
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
