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Side-by-side financial comparison of Axos Financial, Inc. (AX) and IDEX Corporation (IEX). Click either name above to swap in a different company.
IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $392.2M, roughly 1.0× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 30.1%, a 1.7% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs -29.4%).
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.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
AX vs IEX — Head-to-Head
Income Statement — Q3 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $398.4M |
| Net Profit | $124.7M | $120.0M |
| Gross Margin | — | 99.9% |
| Operating Margin | — | 43.3% |
| Net Margin | 31.8% | 30.1% |
| Revenue YoY | — | 16.7% |
| Net Profit YoY | 18.5% | 25.7% |
| EPS (diluted) | $2.15 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | $392.2M | $407.7M | ||
| Q4 25 | $385.1M | $899.1M | ||
| Q3 25 | $323.4M | $878.7M | ||
| Q2 25 | $321.4M | $865.4M | ||
| Q1 25 | $308.8M | $814.3M | ||
| Q4 24 | $307.9M | $862.9M | ||
| Q3 24 | $320.7M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | $124.7M | $128.3M | ||
| Q4 25 | $128.4M | $128.3M | ||
| Q3 25 | $112.4M | $127.8M | ||
| Q2 25 | $110.7M | $131.6M | ||
| Q1 25 | $105.2M | $95.5M | ||
| Q4 24 | $104.7M | $123.2M | ||
| Q3 24 | $112.3M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.3% | ||
| Q4 24 | — | 42.5% | ||
| Q3 24 | — | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | 45.6% | 20.4% | ||
| Q3 25 | 46.3% | 21.1% | ||
| Q2 25 | 48.5% | 21.7% | ||
| Q1 25 | 47.9% | 17.4% | ||
| Q4 24 | 48.8% | 19.2% | ||
| Q3 24 | 49.6% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | 31.8% | 31.5% | ||
| Q4 25 | 33.3% | 14.3% | ||
| Q3 25 | 34.7% | 14.5% | ||
| Q2 25 | 34.4% | 15.2% | ||
| Q1 25 | 34.1% | 11.7% | ||
| Q4 24 | 34.0% | 14.3% | ||
| Q3 24 | 35.0% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | $2.15 | $1.71 | ||
| Q4 25 | $2.22 | $1.71 | ||
| Q3 25 | $1.94 | $1.70 | ||
| Q2 25 | $1.89 | $1.74 | ||
| Q1 25 | $1.81 | $1.26 | ||
| Q4 24 | $1.80 | $1.61 | ||
| Q3 24 | $1.93 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $586.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $4.0B |
| Total Assets | $29.2B | $6.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | $1.0B | $580.0M | ||
| Q3 25 | $2.6B | $593.8M | ||
| Q2 25 | $1.9B | $568.2M | ||
| Q1 25 | $2.0B | $594.1M | ||
| Q4 24 | $2.4B | $620.8M | ||
| Q3 24 | $2.6B | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $312.7M | $1.9B | ||
| Q1 25 | $377.4M | $2.0B | ||
| Q4 24 | $358.7M | $2.0B | ||
| Q3 24 | $313.5M | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | $3.1B | $4.0B | ||
| Q4 25 | $2.9B | $4.0B | ||
| Q3 25 | $2.8B | $4.0B | ||
| Q2 25 | $2.7B | $4.0B | ||
| Q1 25 | $2.6B | $3.9B | ||
| Q4 24 | $2.5B | $3.8B | ||
| Q3 24 | $2.4B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | $29.2B | $6.9B | ||
| Q4 25 | $28.2B | $6.9B | ||
| Q3 25 | $27.4B | $7.0B | ||
| Q2 25 | $24.8B | $6.9B | ||
| Q1 25 | $24.0B | $6.8B | ||
| Q4 24 | $23.7B | $6.7B | ||
| Q3 24 | $23.6B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | 0.12× | 0.46× | ||
| Q1 25 | 0.14× | 0.50× | ||
| Q4 24 | 0.14× | 0.52× | ||
| Q3 24 | 0.13× | 0.55× |
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 | — | — |
| Free Cash FlowOCF − Capex | — | $86.0M |
| FCF MarginFCF / Revenue | — | 21.6% |
| Capex IntensityCapex / Revenue | — | 4.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $209.5M | ||
| Q3 25 | $118.4M | $203.5M | ||
| Q2 25 | $490.3M | $161.7M | ||
| Q1 25 | $73.7M | $105.7M | ||
| Q4 24 | $162.5M | $172.6M | ||
| Q3 24 | $70.8M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | $85.4M | $189.8M | ||
| Q3 25 | $109.3M | $188.7M | ||
| Q2 25 | $436.1M | $146.9M | ||
| Q1 25 | $65.1M | $91.4M | ||
| Q4 24 | $156.4M | $157.1M | ||
| Q3 24 | $53.0M | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | 22.2% | 21.1% | ||
| Q3 25 | 33.8% | 21.5% | ||
| Q2 25 | 135.7% | 17.0% | ||
| Q1 25 | 21.1% | 11.2% | ||
| Q4 24 | 50.8% | 18.2% | ||
| Q3 24 | 16.5% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | 4.9% | 2.2% | ||
| Q3 25 | 2.8% | 1.7% | ||
| Q2 25 | 16.9% | 1.7% | ||
| Q1 25 | 2.8% | 1.8% | ||
| Q4 24 | 2.0% | 1.8% | ||
| Q3 24 | 5.5% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 1.63× | ||
| Q3 25 | 1.05× | 1.59× | ||
| Q2 25 | 4.43× | 1.23× | ||
| Q1 25 | 0.70× | 1.11× | ||
| Q4 24 | 1.55× | 1.40× | ||
| Q3 24 | 0.63× | 1.72× |
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% |
IEX
Segment breakdown not available.
