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Side-by-side financial comparison of Axos Financial, Inc. (AX) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $308.1M, roughly 1.3× Grand Canyon Education, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 28.1%, a 3.6% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 5.9%).
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.
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
AX vs LOPE — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $308.1M |
| Net Profit | $124.7M | $86.7M |
| Gross Margin | — | — |
| Operating Margin | — | 35.1% |
| Net Margin | 31.8% | 28.1% |
| Revenue YoY | — | 5.3% |
| Net Profit YoY | 18.5% | 5.9% |
| EPS (diluted) | $2.15 | $3.13 |
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 | $308.1M | ||
| Q3 25 | $323.4M | $261.1M | ||
| Q2 25 | $321.4M | $247.5M | ||
| Q1 25 | $308.8M | $289.3M | ||
| Q4 24 | $307.9M | $292.6M | ||
| Q3 24 | $320.7M | $238.3M | ||
| Q2 24 | $290.9M | $227.5M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $86.7M | ||
| Q3 25 | $112.4M | $16.3M | ||
| Q2 25 | $110.7M | $41.5M | ||
| Q1 25 | $105.2M | $71.6M | ||
| Q4 24 | $104.7M | $81.9M | ||
| Q3 24 | $112.3M | $41.5M | ||
| Q2 24 | $104.9M | $34.9M |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | 35.1% | ||
| Q3 25 | 46.3% | 6.9% | ||
| Q2 25 | 48.5% | 20.9% | ||
| Q1 25 | 47.9% | 30.4% | ||
| Q4 24 | 48.8% | 34.2% | ||
| Q3 24 | 49.6% | 20.2% | ||
| Q2 24 | 49.6% | 18.8% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | 28.1% | ||
| Q3 25 | 34.7% | 6.2% | ||
| Q2 25 | 34.4% | 16.8% | ||
| Q1 25 | 34.1% | 24.8% | ||
| Q4 24 | 34.0% | 28.0% | ||
| Q3 24 | 35.0% | 17.4% | ||
| Q2 24 | 36.0% | 15.3% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $3.13 | ||
| Q3 25 | $1.94 | $0.58 | ||
| Q2 25 | $1.89 | $1.48 | ||
| Q1 25 | $1.81 | $2.52 | ||
| Q4 24 | $1.80 | $2.83 | ||
| Q3 24 | $1.93 | $1.42 | ||
| Q2 24 | $1.75 | $1.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $111.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $746.9M |
| Total Assets | $29.2B | $992.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $111.8M | ||
| Q3 25 | $2.6B | $97.3M | ||
| Q2 25 | $1.9B | $192.3M | ||
| Q1 25 | $2.0B | $144.5M | ||
| Q4 24 | $2.4B | $324.6M | ||
| Q3 24 | $2.6B | $263.6M | ||
| Q2 24 | $2.0B | $241.3M |
| Q1 26 | — | — | ||
| 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 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $746.9M | ||
| Q3 25 | $2.8B | $758.0M | ||
| Q2 25 | $2.7B | $778.0M | ||
| Q1 25 | $2.6B | $780.7M | ||
| Q4 24 | $2.5B | $783.9M | ||
| Q3 24 | $2.4B | $764.1M | ||
| Q2 24 | $2.3B | $759.2M |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $992.3M | ||
| Q3 25 | $27.4B | $1.0B | ||
| Q2 25 | $24.8B | $1.0B | ||
| Q1 25 | $24.0B | $1.0B | ||
| Q4 24 | $23.7B | $1.0B | ||
| Q3 24 | $23.6B | $992.9M | ||
| Q2 24 | $22.9B | $992.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 0.14× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $130.5M |
| Free Cash FlowOCF − Capex | — | $122.9M |
| FCF MarginFCF / Revenue | — | 39.9% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | — | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $130.5M | ||
| Q3 25 | $118.4M | $-48.6M | ||
| Q2 25 | $490.3M | $124.0M | ||
| Q1 25 | $73.7M | $67.6M | ||
| Q4 24 | $162.5M | $135.8M | ||
| Q3 24 | $70.8M | $-29.4M | ||
| Q2 24 | $305.5M | $98.6M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $122.9M | ||
| Q3 25 | $109.3M | $-58.3M | ||
| Q2 25 | $436.1M | $115.4M | ||
| Q1 25 | $65.1M | $58.7M | ||
| Q4 24 | $156.4M | $126.1M | ||
| Q3 24 | $53.0M | $-39.0M | ||
| Q2 24 | $269.5M | $89.6M |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 39.9% | ||
| Q3 25 | 33.8% | -22.3% | ||
| Q2 25 | 135.7% | 46.6% | ||
| Q1 25 | 21.1% | 20.3% | ||
| Q4 24 | 50.8% | 43.1% | ||
| Q3 24 | 16.5% | -16.3% | ||
| Q2 24 | 92.6% | 39.4% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 2.5% | ||
| Q3 25 | 2.8% | 3.7% | ||
| Q2 25 | 16.9% | 3.5% | ||
| Q1 25 | 2.8% | 3.1% | ||
| Q4 24 | 2.0% | 3.3% | ||
| Q3 24 | 5.5% | 4.0% | ||
| Q2 24 | 12.4% | 3.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 1.50× | ||
| Q3 25 | 1.05× | -2.99× | ||
| Q2 25 | 4.43× | 2.98× | ||
| Q1 25 | 0.70× | 0.94× | ||
| Q4 24 | 1.55× | 1.66× | ||
| Q3 24 | 0.63× | -0.71× | ||
| Q2 24 | 2.91× | 2.83× |
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% |
LOPE
Segment breakdown not available.
