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Side-by-side financial comparison of Axos Financial, Inc. (AX) and QUAKER CHEMICAL CORP (KWR). Click either name above to swap in a different company.

QUAKER CHEMICAL CORP is the larger business by last-quarter revenue ($468.5M vs $392.2M, roughly 1.2× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 4.4%, a 27.4% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs -0.1%).

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.

Quaker Chemical Corporation, doing business as Quaker Houghton, is an American chemical company that was founded in 1918. It is headquartered in Conshohocken, Pennsylvania. With its global presence in 21 countries and 35 locations worldwide, the company has over 50% of net sales outside of the United States. Quaker Houghton manufactures process fluids for use in the steel, aluminum, metalworking, automotive, mining, aerospace, tube & pipe, can making, and other industrial processes. On August...

AX vs KWR — Head-to-Head

Bigger by revenue
KWR
KWR
1.2× larger
KWR
$468.5M
$392.2M
AX
Higher net margin
AX
AX
27.4% more per $
AX
31.8%
4.4%
KWR
Faster 2-yr revenue CAGR
AX
AX
Annualised
AX
16.1%
-0.1%
KWR

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AX
AX
KWR
KWR
Revenue
$392.2M
$468.5M
Net Profit
$124.7M
$20.7M
Gross Margin
35.3%
Operating Margin
6.7%
Net Margin
31.8%
4.4%
Revenue YoY
5.5%
Net Profit YoY
18.5%
45.9%
EPS (diluted)
$2.15
$1.16

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.

Revenue
AX
AX
KWR
KWR
Q1 26
$392.2M
Q4 25
$385.1M
$468.5M
Q3 25
$323.4M
$493.8M
Q2 25
$321.4M
$483.4M
Q1 25
$308.8M
$442.9M
Q4 24
$307.9M
$444.1M
Q3 24
$320.7M
$462.3M
Q2 24
$290.9M
$463.6M
Net Profit
AX
AX
KWR
KWR
Q1 26
$124.7M
Q4 25
$128.4M
$20.7M
Q3 25
$112.4M
$30.5M
Q2 25
$110.7M
$-66.6M
Q1 25
$105.2M
$12.9M
Q4 24
$104.7M
$14.2M
Q3 24
$112.3M
$32.3M
Q2 24
$104.9M
$34.9M
Gross Margin
AX
AX
KWR
KWR
Q1 26
Q4 25
35.3%
Q3 25
36.6%
Q2 25
35.5%
Q1 25
36.4%
Q4 24
35.2%
Q3 24
37.3%
Q2 24
37.9%
Operating Margin
AX
AX
KWR
KWR
Q1 26
Q4 25
45.6%
6.7%
Q3 25
46.3%
9.4%
Q2 25
48.5%
-10.9%
Q1 25
47.9%
6.2%
Q4 24
48.8%
6.5%
Q3 24
49.6%
11.2%
Q2 24
49.6%
12.6%
Net Margin
AX
AX
KWR
KWR
Q1 26
31.8%
Q4 25
33.3%
4.4%
Q3 25
34.7%
6.2%
Q2 25
34.4%
-13.8%
Q1 25
34.1%
2.9%
Q4 24
34.0%
3.2%
Q3 24
35.0%
7.0%
Q2 24
36.0%
7.5%
EPS (diluted)
AX
AX
KWR
KWR
Q1 26
$2.15
Q4 25
$2.22
$1.16
Q3 25
$1.94
$1.75
Q2 25
$1.89
$-3.78
Q1 25
$1.81
$0.73
Q4 24
$1.80
$0.81
Q3 24
$1.93
$1.81
Q2 24
$1.75
$1.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AX
AX
KWR
KWR
Cash + ST InvestmentsLiquidity on hand
$179.8M
Total DebtLower is stronger
$834.9M
Stockholders' EquityBook value
$3.1B
$1.4B
Total Assets
$29.2B
$2.8B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AX
AX
KWR
KWR
Q1 26
Q4 25
$1.0B
$179.8M
Q3 25
$2.6B
$172.0M
Q2 25
$1.9B
$201.9M
Q1 25
$2.0B
$186.2M
Q4 24
$2.4B
$188.9M
Q3 24
$2.6B
$212.1M
Q2 24
$2.0B
$188.6M
Total Debt
AX
AX
KWR
KWR
Q1 26
Q4 25
$834.9M
Q3 25
Q2 25
$312.7M
Q1 25
$377.4M
Q4 24
$358.7M
$669.6M
Q3 24
$313.5M
Q2 24
$325.7M
Stockholders' Equity
AX
AX
KWR
KWR
Q1 26
$3.1B
Q4 25
$2.9B
$1.4B
Q3 25
$2.8B
$1.4B
Q2 25
$2.7B
$1.3B
Q1 25
$2.6B
$1.4B
Q4 24
$2.5B
$1.4B
Q3 24
$2.4B
$1.4B
Q2 24
$2.3B
$1.4B
Total Assets
AX
AX
KWR
KWR
Q1 26
$29.2B
Q4 25
$28.2B
$2.8B
Q3 25
$27.4B
$2.8B
Q2 25
$24.8B
$2.8B
Q1 25
$24.0B
$2.7B
Q4 24
$23.7B
$2.6B
Q3 24
$23.6B
$2.7B
Q2 24
$22.9B
$2.7B
Debt / Equity
AX
AX
KWR
KWR
Q1 26
Q4 25
0.61×
Q3 25
Q2 25
0.12×
Q1 25
0.14×
Q4 24
0.14×
0.49×
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
AX
AX
KWR
KWR
Operating Cash FlowLast quarter
$46.5M
Free Cash FlowOCF − Capex
$24.3M
FCF MarginFCF / Revenue
5.2%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
2.25×
TTM Free Cash FlowTrailing 4 quarters
$80.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AX
AX
KWR
KWR
Q1 26
Q4 25
$104.1M
$46.5M
Q3 25
$118.4M
$51.4M
Q2 25
$490.3M
$41.6M
Q1 25
$73.7M
$-3.0M
Q4 24
$162.5M
$63.1M
Q3 24
$70.8M
$68.0M
Q2 24
$305.5M
$46.3M
Free Cash Flow
AX
AX
KWR
KWR
Q1 26
Q4 25
$85.4M
$24.3M
Q3 25
$109.3M
$38.0M
Q2 25
$436.1M
$33.6M
Q1 25
$65.1M
$-15.4M
Q4 24
$156.4M
$40.6M
Q3 24
$53.0M
$59.8M
Q2 24
$269.5M
$39.6M
FCF Margin
AX
AX
KWR
KWR
Q1 26
Q4 25
22.2%
5.2%
Q3 25
33.8%
7.7%
Q2 25
135.7%
7.0%
Q1 25
21.1%
-3.5%
Q4 24
50.8%
9.1%
Q3 24
16.5%
12.9%
Q2 24
92.6%
8.6%
Capex Intensity
AX
AX
KWR
KWR
Q1 26
Q4 25
4.9%
4.7%
Q3 25
2.8%
2.7%
Q2 25
16.9%
1.6%
Q1 25
2.8%
2.8%
Q4 24
2.0%
5.1%
Q3 24
5.5%
1.8%
Q2 24
12.4%
1.4%
Cash Conversion
AX
AX
KWR
KWR
Q1 26
Q4 25
0.81×
2.25×
Q3 25
1.05×
1.69×
Q2 25
4.43×
Q1 25
0.70×
-0.24×
Q4 24
1.55×
4.45×
Q3 24
0.63×
2.10×
Q2 24
2.91×
1.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AX
AX

Net Interest Income$306.3M78%
Noninterest Income$86.0M22%

KWR
KWR

Other$260.7M56%
Metalworking And Other$146.4M31%
Metals$61.4M13%

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