vs

Side-by-side financial comparison of Axos Financial, Inc. (AX) and Navios Maritime Partners L.P. (NMM). Click either name above to swap in a different company.

Axos Financial, Inc. is the larger business by last-quarter revenue ($385.1M vs $327.6M, roughly 1.2× Navios Maritime Partners L.P.). Axos Financial, Inc. runs the higher net margin — 33.3% vs 21.4%, a 12.0% gap on every dollar of revenue. On growth, Axos Financial, Inc. posted the faster year-over-year revenue change (25.1% vs -4.3%).

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.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

AX vs NMM — Head-to-Head

Bigger by revenue
AX
AX
1.2× larger
AX
$385.1M
$327.6M
NMM
Growing faster (revenue YoY)
AX
AX
+29.3% gap
AX
25.1%
-4.3%
NMM
Higher net margin
AX
AX
12.0% more per $
AX
33.3%
21.4%
NMM

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
AX
AX
NMM
NMM
Revenue
$385.1M
$327.6M
Net Profit
$128.4M
$69.9M
Gross Margin
90.5%
Operating Margin
45.6%
Net Margin
33.3%
21.4%
Revenue YoY
25.1%
-4.3%
Net Profit YoY
22.6%
-31.1%
EPS (diluted)
$2.22

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
NMM
NMM
Q4 25
$385.1M
Q3 25
$323.4M
Q2 25
$321.4M
$327.6M
Q1 25
$308.8M
Q4 24
$307.9M
Q3 24
$320.7M
Q2 24
$290.9M
$342.2M
Q1 24
$294.8M
Net Profit
AX
AX
NMM
NMM
Q4 25
$128.4M
Q3 25
$112.4M
Q2 25
$110.7M
$69.9M
Q1 25
$105.2M
Q4 24
$104.7M
Q3 24
$112.3M
Q2 24
$104.9M
$101.5M
Q1 24
$110.7M
Gross Margin
AX
AX
NMM
NMM
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
AX
AX
NMM
NMM
Q4 25
45.6%
Q3 25
46.3%
Q2 25
48.5%
Q1 25
47.9%
Q4 24
48.8%
Q3 24
49.6%
Q2 24
49.6%
Q1 24
52.8%
Net Margin
AX
AX
NMM
NMM
Q4 25
33.3%
Q3 25
34.7%
Q2 25
34.4%
21.4%
Q1 25
34.1%
Q4 24
34.0%
Q3 24
35.0%
Q2 24
36.0%
29.7%
Q1 24
37.6%
EPS (diluted)
AX
AX
NMM
NMM
Q4 25
$2.22
Q3 25
$1.94
Q2 25
$1.89
Q1 25
$1.81
Q4 24
$1.80
Q3 24
$1.93
Q2 24
$1.75
Q1 24
$1.91

Balance Sheet & Financial Strength

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

Metric
AX
AX
NMM
NMM
Cash + ST InvestmentsLiquidity on hand
$1.0B
$377.0M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.9B
Total Assets
$28.2B
$5.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AX
AX
NMM
NMM
Q4 25
$1.0B
Q3 25
$2.6B
Q2 25
$1.9B
$377.0M
Q1 25
$2.0B
Q4 24
$2.4B
Q3 24
$2.6B
Q2 24
$2.0B
$272.0M
Q1 24
$2.1B
Total Debt
AX
AX
NMM
NMM
Q4 25
Q3 25
Q2 25
$312.7M
$2.0B
Q1 25
$377.4M
Q4 24
$358.7M
Q3 24
$313.5M
Q2 24
$325.7M
$1.4B
Q1 24
$330.4M
Stockholders' Equity
AX
AX
NMM
NMM
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$2.7B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.4B
Q2 24
$2.3B
Q1 24
$2.2B
Total Assets
AX
AX
NMM
NMM
Q4 25
$28.2B
Q3 25
$27.4B
Q2 25
$24.8B
$5.9B
Q1 25
$24.0B
Q4 24
$23.7B
Q3 24
$23.6B
Q2 24
$22.9B
$5.3B
Q1 24
$22.6B
Debt / Equity
AX
AX
NMM
NMM
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
AX
AX
NMM
NMM
Operating Cash FlowLast quarter
$104.1M
Free Cash FlowOCF − Capex
$85.4M
FCF MarginFCF / Revenue
22.2%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$695.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AX
AX
NMM
NMM
Q4 25
$104.1M
Q3 25
$118.4M
Q2 25
$490.3M
Q1 25
$73.7M
Q4 24
$162.5M
Q3 24
$70.8M
Q2 24
$305.5M
Q1 24
$115.8M
Free Cash Flow
AX
AX
NMM
NMM
Q4 25
$85.4M
Q3 25
$109.3M
Q2 25
$436.1M
Q1 25
$65.1M
Q4 24
$156.4M
Q3 24
$53.0M
Q2 24
$269.5M
Q1 24
$107.3M
FCF Margin
AX
AX
NMM
NMM
Q4 25
22.2%
Q3 25
33.8%
Q2 25
135.7%
Q1 25
21.1%
Q4 24
50.8%
Q3 24
16.5%
Q2 24
92.6%
Q1 24
36.4%
Capex Intensity
AX
AX
NMM
NMM
Q4 25
4.9%
Q3 25
2.8%
Q2 25
16.9%
Q1 25
2.8%
Q4 24
2.0%
Q3 24
5.5%
Q2 24
12.4%
Q1 24
2.9%
Cash Conversion
AX
AX
NMM
NMM
Q4 25
0.81×
Q3 25
1.05×
Q2 25
4.43×
Q1 25
0.70×
Q4 24
1.55×
Q3 24
0.63×
Q2 24
2.91×
Q1 24
1.05×

Financial Flow Comparison

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

Related Comparisons