vs
Side-by-side financial comparison of Axos Financial, Inc. (AX) and Hims & Hers Health, Inc. (HIMS). Click either name above to swap in a different company.
Hims & Hers Health, Inc. is the larger business by last-quarter revenue ($617.8M vs $385.1M, roughly 1.6× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 33.3% vs 3.3%, a 30.0% gap on every dollar of revenue. On growth, Hims & Hers Health, Inc. posted the faster year-over-year revenue change (28.4% vs 25.1%). Axos Financial, Inc. produced more free cash flow last quarter ($85.4M vs $-2.5M). Over the past eight quarters, Hims & Hers Health, Inc.'s revenue compounded faster (49.0% CAGR vs 14.3%).
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.
Hims & Hers Health, Inc. is an American telehealth company established in 2017. The company provides prescription medications, over-the-counter medications, and personal care products.
AX vs HIMS — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $385.1M | $617.8M |
| Net Profit | $128.4M | $20.6M |
| Gross Margin | — | 71.9% |
| Operating Margin | 45.6% | 1.5% |
| Net Margin | 33.3% | 3.3% |
| Revenue YoY | 25.1% | 28.4% |
| Net Profit YoY | 22.6% | -20.8% |
| EPS (diluted) | $2.22 | $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.
| Q4 25 | $385.1M | $617.8M | ||
| Q3 25 | $323.4M | $599.0M | ||
| Q2 25 | $321.4M | $544.8M | ||
| Q1 25 | $308.8M | $586.0M | ||
| Q4 24 | $307.9M | $481.1M | ||
| Q3 24 | $320.7M | $401.6M | ||
| Q2 24 | $290.9M | $315.6M | ||
| Q1 24 | $294.8M | $278.2M |
| Q4 25 | $128.4M | $20.6M | ||
| Q3 25 | $112.4M | $15.8M | ||
| Q2 25 | $110.7M | $42.5M | ||
| Q1 25 | $105.2M | $49.5M | ||
| Q4 24 | $104.7M | $26.0M | ||
| Q3 24 | $112.3M | $75.6M | ||
| Q2 24 | $104.9M | $13.3M | ||
| Q1 24 | $110.7M | $11.1M |
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 73.8% | ||
| Q2 25 | — | 76.4% | ||
| Q1 25 | — | 73.5% | ||
| Q4 24 | — | 76.8% | ||
| Q3 24 | — | 79.2% | ||
| Q2 24 | — | 81.3% | ||
| Q1 24 | — | 82.4% |
| Q4 25 | 45.6% | 1.5% | ||
| Q3 25 | 46.3% | 2.0% | ||
| Q2 25 | 48.5% | 4.9% | ||
| Q1 25 | 47.9% | 9.9% | ||
| Q4 24 | 48.8% | 3.9% | ||
| Q3 24 | 49.6% | 5.6% | ||
| Q2 24 | 49.6% | 3.5% | ||
| Q1 24 | 52.8% | 3.6% |
| Q4 25 | 33.3% | 3.3% | ||
| Q3 25 | 34.7% | 2.6% | ||
| Q2 25 | 34.4% | 7.8% | ||
| Q1 25 | 34.1% | 8.4% | ||
| Q4 24 | 34.0% | 5.4% | ||
| Q3 24 | 35.0% | 18.8% | ||
| Q2 24 | 36.0% | 4.2% | ||
| Q1 24 | 37.6% | 4.0% |
| Q4 25 | $2.22 | $0.08 | ||
| Q3 25 | $1.94 | $0.06 | ||
| Q2 25 | $1.89 | $0.17 | ||
| Q1 25 | $1.81 | $0.20 | ||
| Q4 24 | $1.80 | $0.10 | ||
| Q3 24 | $1.93 | $0.32 | ||
| Q2 24 | $1.75 | $0.06 | ||
| Q1 24 | $1.91 | $0.05 |
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 | $228.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.9B | $540.9M |
| Total Assets | $28.2B | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $228.6M | ||
| Q3 25 | $2.6B | $345.8M | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $2.0B | $273.7M | ||
| Q4 24 | $2.4B | $220.6M | ||
| Q3 24 | $2.6B | $165.5M | ||
| Q2 24 | $2.0B | $129.3M | ||
| Q1 24 | $2.1B | $105.2M |
| 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 24 | $330.4M | — |
| Q4 25 | $2.9B | $540.9M | ||
| Q3 25 | $2.8B | $581.0M | ||
| Q2 25 | $2.7B | $562.7M | ||
| Q1 25 | $2.6B | $549.3M | ||
| Q4 24 | $2.5B | $476.7M | ||
| Q3 24 | $2.4B | $440.1M | ||
| Q2 24 | $2.3B | $362.0M | ||
| Q1 24 | $2.2B | $344.5M |
| Q4 25 | $28.2B | $2.2B | ||
| Q3 25 | $27.4B | $2.2B | ||
| Q2 25 | $24.8B | $1.9B | ||
| Q1 25 | $24.0B | $891.7M | ||
| Q4 24 | $23.7B | $707.5M | ||
| Q3 24 | $23.6B | $602.3M | ||
| Q2 24 | $22.9B | $480.5M | ||
| Q1 24 | $22.6B | $448.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.15× | — |
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 | $61.3M |
| Free Cash FlowOCF − Capex | $85.4M | $-2.5M |
| FCF MarginFCF / Revenue | 22.2% | -0.4% |
| Capex IntensityCapex / Revenue | 4.9% | 10.3% |
| Cash ConversionOCF / Net Profit | 0.81× | 2.98× |
| TTM Free Cash FlowTrailing 4 quarters | $695.9M | $57.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.1M | $61.3M | ||
| Q3 25 | $118.4M | $148.7M | ||
| Q2 25 | $490.3M | $-19.1M | ||
| Q1 25 | $73.7M | $109.1M | ||
| Q4 24 | $162.5M | $86.4M | ||
| Q3 24 | $70.8M | $85.3M | ||
| Q2 24 | $305.5M | $53.6M | ||
| Q1 24 | $115.8M | $25.8M |
| Q4 25 | $85.4M | $-2.5M | ||
| Q3 25 | $109.3M | $79.3M | ||
| Q2 25 | $436.1M | $-69.5M | ||
| Q1 25 | $65.1M | $50.1M | ||
| Q4 24 | $156.4M | $59.5M | ||
| Q3 24 | $53.0M | $79.4M | ||
| Q2 24 | $269.5M | $47.6M | ||
| Q1 24 | $107.3M | $11.8M |
| Q4 25 | 22.2% | -0.4% | ||
| Q3 25 | 33.8% | 13.2% | ||
| Q2 25 | 135.7% | -12.8% | ||
| Q1 25 | 21.1% | 8.5% | ||
| Q4 24 | 50.8% | 12.4% | ||
| Q3 24 | 16.5% | 19.8% | ||
| Q2 24 | 92.6% | 15.1% | ||
| Q1 24 | 36.4% | 4.3% |
| Q4 25 | 4.9% | 10.3% | ||
| Q3 25 | 2.8% | 11.6% | ||
| Q2 25 | 16.9% | 9.3% | ||
| Q1 25 | 2.8% | 10.1% | ||
| Q4 24 | 2.0% | 5.6% | ||
| Q3 24 | 5.5% | 1.5% | ||
| Q2 24 | 12.4% | 1.9% | ||
| Q1 24 | 2.9% | 5.0% |
| Q4 25 | 0.81× | 2.98× | ||
| Q3 25 | 1.05× | 9.43× | ||
| Q2 25 | 4.43× | -0.45× | ||
| Q1 25 | 0.70× | 2.20× | ||
| Q4 24 | 1.55× | 3.32× | ||
| Q3 24 | 0.63× | 1.13× | ||
| Q2 24 | 2.91× | 4.03× | ||
| Q1 24 | 1.05× | 2.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
