vs

Side-by-side financial comparison of Axos Financial, Inc. (AX) and NOVA LTD. (NVMI). Click either name above to swap in a different company.

NOVA LTD. is the larger business by last-quarter revenue ($433.3M vs $392.2M, roughly 1.1× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 30.7%, a 1.1% gap on every dollar of revenue.

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.

Nova Ltd., formerly known as Nova Measuring Instruments, is a publicly traded company that provides advanced metrology solutions for semiconductor manufacturing. Founded in 1993, the company specializes in dimensional, materials, and chemical metrology technologies. Nova is listed on both the NASDAQ Global Market and on the Tel Aviv Stock Exchange under the ticker symbol NVMI.

AX vs NVMI — Head-to-Head

Bigger by revenue
NVMI
NVMI
1.1× larger
NVMI
$433.3M
$392.2M
AX
Higher net margin
AX
AX
1.1% more per $
AX
31.8%
30.7%
NVMI

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
AX
AX
NVMI
NVMI
Revenue
$392.2M
$433.3M
Net Profit
$124.7M
$133.1M
Gross Margin
57.6%
Operating Margin
29.7%
Net Margin
31.8%
30.7%
Revenue YoY
Net Profit YoY
18.5%
EPS (diluted)
$2.15

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
NVMI
NVMI
Q1 26
$392.2M
Q4 25
$385.1M
Q3 25
$323.4M
Q2 25
$321.4M
$433.3M
Q1 25
$308.8M
Q4 24
$307.9M
Q3 24
$320.7M
Q2 24
$290.9M
Net Profit
AX
AX
NVMI
NVMI
Q1 26
$124.7M
Q4 25
$128.4M
Q3 25
$112.4M
Q2 25
$110.7M
$133.1M
Q1 25
$105.2M
Q4 24
$104.7M
Q3 24
$112.3M
Q2 24
$104.9M
Gross Margin
AX
AX
NVMI
NVMI
Q1 26
Q4 25
Q3 25
Q2 25
57.6%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
AX
AX
NVMI
NVMI
Q1 26
Q4 25
45.6%
Q3 25
46.3%
Q2 25
48.5%
29.7%
Q1 25
47.9%
Q4 24
48.8%
Q3 24
49.6%
Q2 24
49.6%
Net Margin
AX
AX
NVMI
NVMI
Q1 26
31.8%
Q4 25
33.3%
Q3 25
34.7%
Q2 25
34.4%
30.7%
Q1 25
34.1%
Q4 24
34.0%
Q3 24
35.0%
Q2 24
36.0%
EPS (diluted)
AX
AX
NVMI
NVMI
Q1 26
$2.15
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

Balance Sheet & Financial Strength

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

Metric
AX
AX
NVMI
NVMI
Cash + ST InvestmentsLiquidity on hand
$348.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.1B
$1.1B
Total Assets
$29.2B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AX
AX
NVMI
NVMI
Q1 26
Q4 25
$1.0B
Q3 25
$2.6B
Q2 25
$1.9B
$348.4M
Q1 25
$2.0B
Q4 24
$2.4B
Q3 24
$2.6B
Q2 24
$2.0B
Total Debt
AX
AX
NVMI
NVMI
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
NVMI
NVMI
Q1 26
$3.1B
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$2.7B
$1.1B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.4B
Q2 24
$2.3B
Total Assets
AX
AX
NVMI
NVMI
Q1 26
$29.2B
Q4 25
$28.2B
Q3 25
$27.4B
Q2 25
$24.8B
$1.5B
Q1 25
$24.0B
Q4 24
$23.7B
Q3 24
$23.6B
Q2 24
$22.9B
Debt / Equity
AX
AX
NVMI
NVMI
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
NVMI
NVMI
Operating Cash FlowLast quarter
$114.2M
Free Cash FlowOCF − Capex
$102.6M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AX
AX
NVMI
NVMI
Q1 26
Q4 25
$104.1M
Q3 25
$118.4M
Q2 25
$490.3M
$114.2M
Q1 25
$73.7M
Q4 24
$162.5M
Q3 24
$70.8M
Q2 24
$305.5M
Free Cash Flow
AX
AX
NVMI
NVMI
Q1 26
Q4 25
$85.4M
Q3 25
$109.3M
Q2 25
$436.1M
$102.6M
Q1 25
$65.1M
Q4 24
$156.4M
Q3 24
$53.0M
Q2 24
$269.5M
FCF Margin
AX
AX
NVMI
NVMI
Q1 26
Q4 25
22.2%
Q3 25
33.8%
Q2 25
135.7%
23.7%
Q1 25
21.1%
Q4 24
50.8%
Q3 24
16.5%
Q2 24
92.6%
Capex Intensity
AX
AX
NVMI
NVMI
Q1 26
Q4 25
4.9%
Q3 25
2.8%
Q2 25
16.9%
2.7%
Q1 25
2.8%
Q4 24
2.0%
Q3 24
5.5%
Q2 24
12.4%
Cash Conversion
AX
AX
NVMI
NVMI
Q1 26
Q4 25
0.81×
Q3 25
1.05×
Q2 25
4.43×
0.86×
Q1 25
0.70×
Q4 24
1.55×
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
AX

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

NVMI
NVMI

Products$351.8M81%
Services$81.6M19%

Related Comparisons