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Side-by-side financial comparison of Axos Financial, Inc. (AX) and Nutanix, Inc. (NTNX). Click either name above to swap in a different company.
Nutanix, Inc. is the larger business by last-quarter revenue ($670.6M vs $392.2M, roughly 1.7× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 9.3%, a 22.5% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 8.9%).
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.
Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as software-defined storage for file, object, and block storage.
AX vs NTNX — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $670.6M |
| Net Profit | $124.7M | $62.1M |
| Gross Margin | — | 87.0% |
| Operating Margin | — | 7.4% |
| Net Margin | 31.8% | 9.3% |
| Revenue YoY | — | 13.5% |
| Net Profit YoY | 18.5% | 107.5% |
| EPS (diluted) | $2.15 | $0.21 |
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 | $670.6M | ||
| Q3 25 | $323.4M | $653.3M | ||
| Q2 25 | $321.4M | $639.0M | ||
| Q1 25 | $308.8M | $654.7M | ||
| Q4 24 | $307.9M | $591.0M | ||
| Q3 24 | $320.7M | $548.0M | ||
| Q2 24 | $290.9M | $524.6M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $62.1M | ||
| Q3 25 | $112.4M | $38.6M | ||
| Q2 25 | $110.7M | $63.4M | ||
| Q1 25 | $105.2M | $56.4M | ||
| Q4 24 | $104.7M | $29.9M | ||
| Q3 24 | $112.3M | $-126.1M | ||
| Q2 24 | $104.9M | $-15.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 87.0% | ||
| Q3 25 | — | 87.2% | ||
| Q2 25 | — | 87.0% | ||
| Q1 25 | — | 87.0% | ||
| Q4 24 | — | 86.0% | ||
| Q3 24 | — | 85.2% | ||
| Q2 24 | — | 84.8% |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | 7.4% | ||
| Q3 25 | 46.3% | 4.8% | ||
| Q2 25 | 48.5% | 7.6% | ||
| Q1 25 | 47.9% | 10.0% | ||
| Q4 24 | 48.8% | 4.6% | ||
| Q3 24 | 49.6% | -2.2% | ||
| Q2 24 | 49.6% | -2.2% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | 9.3% | ||
| Q3 25 | 34.7% | 5.9% | ||
| Q2 25 | 34.4% | 9.9% | ||
| Q1 25 | 34.1% | 8.6% | ||
| Q4 24 | 34.0% | 5.1% | ||
| Q3 24 | 35.0% | -23.0% | ||
| Q2 24 | 36.0% | -3.0% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $0.21 | ||
| Q3 25 | $1.94 | $0.14 | ||
| Q2 25 | $1.89 | $0.22 | ||
| Q1 25 | $1.81 | $0.19 | ||
| Q4 24 | $1.80 | $0.10 | ||
| Q3 24 | $1.93 | $-0.50 | ||
| Q2 24 | $1.75 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $780.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $-668.6M |
| Total Assets | $29.2B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $780.4M | ||
| Q3 25 | $2.6B | $769.5M | ||
| Q2 25 | $1.9B | $872.6M | ||
| Q1 25 | $2.0B | $1.1B | ||
| Q4 24 | $2.4B | $716.6M | ||
| Q3 24 | $2.6B | $655.3M | ||
| Q2 24 | $2.0B | $598.0M |
| 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 | $-668.6M | ||
| Q3 25 | $2.8B | $-694.5M | ||
| Q2 25 | $2.7B | $-711.4M | ||
| Q1 25 | $2.6B | $-807.7M | ||
| Q4 24 | $2.5B | $-685.3M | ||
| Q3 24 | $2.4B | $-728.1M | ||
| Q2 24 | $2.3B | $-619.5M |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $3.3B | ||
| Q3 25 | $27.4B | $3.3B | ||
| Q2 25 | $24.8B | $3.1B | ||
| Q1 25 | $24.0B | $3.0B | ||
| Q4 24 | $23.7B | $2.2B | ||
| Q3 24 | $23.6B | $2.1B | ||
| Q2 24 | $22.9B | $2.8B |
| 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 | — | $196.8M |
| Free Cash FlowOCF − Capex | — | $174.5M |
| FCF MarginFCF / Revenue | — | 26.0% |
| Capex IntensityCapex / Revenue | — | 3.3% |
| Cash ConversionOCF / Net Profit | — | 3.17× |
| TTM Free Cash FlowTrailing 4 quarters | — | $772.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $196.8M | ||
| Q3 25 | $118.4M | $219.5M | ||
| Q2 25 | $490.3M | $218.5M | ||
| Q1 25 | $73.7M | $221.7M | ||
| Q4 24 | $162.5M | $161.8M | ||
| Q3 24 | $70.8M | $244.7M | ||
| Q2 24 | $305.5M | $96.4M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $174.5M | ||
| Q3 25 | $109.3M | $207.8M | ||
| Q2 25 | $436.1M | $203.4M | ||
| Q1 25 | $65.1M | $187.1M | ||
| Q4 24 | $156.4M | $151.9M | ||
| Q3 24 | $53.0M | $224.3M | ||
| Q2 24 | $269.5M | $78.3M |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 26.0% | ||
| Q3 25 | 33.8% | 31.8% | ||
| Q2 25 | 135.7% | 31.8% | ||
| Q1 25 | 21.1% | 28.6% | ||
| Q4 24 | 50.8% | 25.7% | ||
| Q3 24 | 16.5% | 40.9% | ||
| Q2 24 | 92.6% | 14.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 3.3% | ||
| Q3 25 | 2.8% | 1.8% | ||
| Q2 25 | 16.9% | 2.4% | ||
| Q1 25 | 2.8% | 5.3% | ||
| Q4 24 | 2.0% | 1.7% | ||
| Q3 24 | 5.5% | 3.7% | ||
| Q2 24 | 12.4% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 3.17× | ||
| Q3 25 | 1.05× | 5.68× | ||
| Q2 25 | 4.43× | 3.45× | ||
| Q1 25 | 0.70× | 3.93× | ||
| Q4 24 | 1.55× | 5.41× | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 2.91× | — |
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% |
NTNX
| Services | $335.5M | 50% |
| Subscriptionand Circulation Software Entitlementand Support Subscription | $320.8M | 48% |
| Other | $14.3M | 2% |
