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Side-by-side financial comparison of Axos Financial, Inc. (AX) and LA-Z-BOY INC (LZB). Click either name above to swap in a different company.

LA-Z-BOY INC is the larger business by last-quarter revenue ($541.6M vs $392.2M, roughly 1.4× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 4.0%, a 27.8% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs -1.1%).

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.

La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.

AX vs LZB — Head-to-Head

Bigger by revenue
LZB
LZB
1.4× larger
LZB
$541.6M
$392.2M
AX
Higher net margin
AX
AX
27.8% more per $
AX
31.8%
4.0%
LZB
Faster 2-yr revenue CAGR
AX
AX
Annualised
AX
16.1%
-1.1%
LZB

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
AX
AX
LZB
LZB
Revenue
$392.2M
$541.6M
Net Profit
$124.7M
$21.6M
Gross Margin
43.1%
Operating Margin
5.5%
Net Margin
31.8%
4.0%
Revenue YoY
3.8%
Net Profit YoY
18.5%
-23.8%
EPS (diluted)
$2.15
$0.52

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
LZB
LZB
Q1 26
$392.2M
$541.6M
Q4 25
$385.1M
$522.5M
Q3 25
$323.4M
$492.2M
Q2 25
$321.4M
$570.9M
Q1 25
$308.8M
$521.8M
Q4 24
$307.9M
$521.0M
Q3 24
$320.7M
$495.5M
Q2 24
$290.9M
$553.5M
Net Profit
AX
AX
LZB
LZB
Q1 26
$124.7M
$21.6M
Q4 25
$128.4M
$28.9M
Q3 25
$112.4M
$18.2M
Q2 25
$110.7M
$14.9M
Q1 25
$105.2M
$28.4M
Q4 24
$104.7M
$30.0M
Q3 24
$112.3M
$26.2M
Q2 24
$104.9M
$39.3M
Gross Margin
AX
AX
LZB
LZB
Q1 26
43.1%
Q4 25
44.2%
Q3 25
42.5%
Q2 25
44.0%
Q1 25
44.3%
Q4 24
44.3%
Q3 24
43.1%
Q2 24
43.4%
Operating Margin
AX
AX
LZB
LZB
Q1 26
5.5%
Q4 25
45.6%
6.9%
Q3 25
46.3%
4.5%
Q2 25
48.5%
5.2%
Q1 25
47.9%
6.7%
Q4 24
48.8%
7.4%
Q3 24
49.6%
6.5%
Q2 24
49.6%
9.1%
Net Margin
AX
AX
LZB
LZB
Q1 26
31.8%
4.0%
Q4 25
33.3%
5.5%
Q3 25
34.7%
3.7%
Q2 25
34.4%
2.6%
Q1 25
34.1%
5.4%
Q4 24
34.0%
5.8%
Q3 24
35.0%
5.3%
Q2 24
36.0%
7.1%
EPS (diluted)
AX
AX
LZB
LZB
Q1 26
$2.15
$0.52
Q4 25
$2.22
$0.70
Q3 25
$1.94
$0.44
Q2 25
$1.89
$0.35
Q1 25
$1.81
$0.68
Q4 24
$1.80
$0.71
Q3 24
$1.93
$0.61
Q2 24
$1.75
$0.91

Balance Sheet & Financial Strength

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

Metric
AX
AX
LZB
LZB
Cash + ST InvestmentsLiquidity on hand
$306.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.1B
$1.0B
Total Assets
$29.2B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AX
AX
LZB
LZB
Q1 26
$306.1M
Q4 25
$1.0B
$338.5M
Q3 25
$2.6B
$318.5M
Q2 25
$1.9B
$328.4M
Q1 25
$2.0B
$314.6M
Q4 24
$2.4B
$303.1M
Q3 24
$2.6B
$342.3M
Q2 24
$2.0B
$341.1M
Total Debt
AX
AX
LZB
LZB
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
Stockholders' Equity
AX
AX
LZB
LZB
Q1 26
$3.1B
$1.0B
Q4 25
$2.9B
$1.0B
Q3 25
$2.8B
$1.0B
Q2 25
$2.7B
$1.0B
Q1 25
$2.6B
$1.0B
Q4 24
$2.5B
$1.0B
Q3 24
$2.4B
$999.2M
Q2 24
$2.3B
$1.0B
Total Assets
AX
AX
LZB
LZB
Q1 26
$29.2B
$2.1B
Q4 25
$28.2B
$2.0B
Q3 25
$27.4B
$1.9B
Q2 25
$24.8B
$1.9B
Q1 25
$24.0B
$2.0B
Q4 24
$23.7B
$1.9B
Q3 24
$23.6B
$1.9B
Q2 24
$22.9B
$1.9B
Debt / Equity
AX
AX
LZB
LZB
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
AX
AX
LZB
LZB
Operating Cash FlowLast quarter
$89.4M
Free Cash FlowOCF − Capex
$71.6M
FCF MarginFCF / Revenue
13.2%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
4.13×
TTM Free Cash FlowTrailing 4 quarters
$158.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AX
AX
LZB
LZB
Q1 26
$89.4M
Q4 25
$104.1M
$50.0M
Q3 25
$118.4M
$36.3M
Q2 25
$490.3M
$62.0M
Q1 25
$73.7M
$57.0M
Q4 24
$162.5M
$15.9M
Q3 24
$70.8M
$52.3M
Q2 24
$305.5M
$52.8M
Free Cash Flow
AX
AX
LZB
LZB
Q1 26
$71.6M
Q4 25
$85.4M
$29.6M
Q3 25
$109.3M
$17.8M
Q2 25
$436.1M
$39.3M
Q1 25
$65.1M
$38.2M
Q4 24
$156.4M
$-1.2M
Q3 24
$53.0M
$36.7M
Q2 24
$269.5M
$37.3M
FCF Margin
AX
AX
LZB
LZB
Q1 26
13.2%
Q4 25
22.2%
5.7%
Q3 25
33.8%
3.6%
Q2 25
135.7%
6.9%
Q1 25
21.1%
7.3%
Q4 24
50.8%
-0.2%
Q3 24
16.5%
7.4%
Q2 24
92.6%
6.7%
Capex Intensity
AX
AX
LZB
LZB
Q1 26
3.3%
Q4 25
4.9%
3.9%
Q3 25
2.8%
3.8%
Q2 25
16.9%
4.0%
Q1 25
2.8%
3.6%
Q4 24
2.0%
3.3%
Q3 24
5.5%
3.2%
Q2 24
12.4%
2.8%
Cash Conversion
AX
AX
LZB
LZB
Q1 26
4.13×
Q4 25
0.81×
1.73×
Q3 25
1.05×
1.99×
Q2 25
4.43×
4.15×
Q1 25
0.70×
2.01×
Q4 24
1.55×
0.53×
Q3 24
0.63×
2.00×
Q2 24
2.91×
1.34×

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%

LZB
LZB

Stationary Upholstery Furniture$286.2M53%
Retail Segment$251.9M47%

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