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Side-by-side financial comparison of Axos Financial, Inc. (AX) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $213.6M, roughly 1.8× Vital Farms, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 7.6%, a 24.1% gap on every dollar of revenue. Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% CAGR vs 16.1%).
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.
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
AX vs VITL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $213.6M |
| Net Profit | $124.7M | $16.3M |
| Gross Margin | — | 35.8% |
| Operating Margin | — | 10.0% |
| Net Margin | 31.8% | 7.6% |
| Revenue YoY | — | 28.7% |
| Net Profit YoY | 18.5% | 54.3% |
| EPS (diluted) | $2.15 | $0.35 |
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 | $213.6M | ||
| Q3 25 | $323.4M | $198.9M | ||
| Q2 25 | $321.4M | $184.8M | ||
| Q1 25 | $308.8M | $162.2M | ||
| Q4 24 | $307.9M | $166.0M | ||
| Q3 24 | $320.7M | $145.0M | ||
| Q2 24 | $290.9M | $147.4M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $16.3M | ||
| Q3 25 | $112.4M | $16.4M | ||
| Q2 25 | $110.7M | $16.6M | ||
| Q1 25 | $105.2M | $16.9M | ||
| Q4 24 | $104.7M | $10.6M | ||
| Q3 24 | $112.3M | $7.4M | ||
| Q2 24 | $104.9M | $16.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.8% | ||
| Q3 25 | — | 37.7% | ||
| Q2 25 | — | 38.9% | ||
| Q1 25 | — | 38.5% | ||
| Q4 24 | — | 36.1% | ||
| Q3 24 | — | 36.9% | ||
| Q2 24 | — | 39.1% |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | 10.0% | ||
| Q3 25 | 46.3% | 10.8% | ||
| Q2 25 | 48.5% | 12.9% | ||
| Q1 25 | 47.9% | 13.4% | ||
| Q4 24 | 48.8% | 7.8% | ||
| Q3 24 | 49.6% | 6.4% | ||
| Q2 24 | 49.6% | 11.6% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | 7.6% | ||
| Q3 25 | 34.7% | 8.3% | ||
| Q2 25 | 34.4% | 9.0% | ||
| Q1 25 | 34.1% | 10.4% | ||
| Q4 24 | 34.0% | 6.4% | ||
| Q3 24 | 35.0% | 5.1% | ||
| Q2 24 | 36.0% | 11.1% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $0.35 | ||
| Q3 25 | $1.94 | $0.36 | ||
| Q2 25 | $1.89 | $0.36 | ||
| Q1 25 | $1.81 | $0.37 | ||
| Q4 24 | $1.80 | $0.23 | ||
| Q3 24 | $1.93 | $0.16 | ||
| Q2 24 | $1.75 | $0.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $48.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $351.3M |
| Total Assets | $29.2B | $518.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $48.8M | ||
| Q3 25 | $2.6B | $93.8M | ||
| Q2 25 | $1.9B | $108.2M | ||
| Q1 25 | $2.0B | $156.3M | ||
| Q4 24 | $2.4B | $150.6M | ||
| Q3 24 | $2.6B | $149.5M | ||
| Q2 24 | $2.0B | $133.2M |
| 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 | $351.3M | ||
| Q3 25 | $2.8B | $331.2M | ||
| Q2 25 | $2.7B | $309.8M | ||
| Q1 25 | $2.6B | $288.9M | ||
| Q4 24 | $2.5B | $269.3M | ||
| Q3 24 | $2.4B | $253.4M | ||
| Q2 24 | $2.3B | $238.4M |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $518.7M | ||
| Q3 25 | $27.4B | $481.5M | ||
| Q2 25 | $24.8B | $430.8M | ||
| Q1 25 | $24.0B | $376.9M | ||
| Q4 24 | $23.7B | $359.3M | ||
| Q3 24 | $23.6B | $344.7M | ||
| Q2 24 | $22.9B | $320.5M |
| 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 | — | $5.8M |
| Free Cash FlowOCF − Capex | — | $-32.1M |
| FCF MarginFCF / Revenue | — | -15.1% |
| Capex IntensityCapex / Revenue | — | 17.8% |
| Cash ConversionOCF / Net Profit | — | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $5.8M | ||
| Q3 25 | $118.4M | $23.4M | ||
| Q2 25 | $490.3M | $-761.0K | ||
| Q1 25 | $73.7M | $5.3M | ||
| Q4 24 | $162.5M | $14.8M | ||
| Q3 24 | $70.8M | $10.0M | ||
| Q2 24 | $305.5M | $16.1M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $-32.1M | ||
| Q3 25 | $109.3M | $-10.6M | ||
| Q2 25 | $436.1M | $-7.6M | ||
| Q1 25 | $65.1M | $2.1M | ||
| Q4 24 | $156.4M | $-3.4M | ||
| Q3 24 | $53.0M | $6.4M | ||
| Q2 24 | $269.5M | $10.5M |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | -15.1% | ||
| Q3 25 | 33.8% | -5.3% | ||
| Q2 25 | 135.7% | -4.1% | ||
| Q1 25 | 21.1% | 1.3% | ||
| Q4 24 | 50.8% | -2.0% | ||
| Q3 24 | 16.5% | 4.4% | ||
| Q2 24 | 92.6% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 17.8% | ||
| Q3 25 | 2.8% | 17.1% | ||
| Q2 25 | 16.9% | 3.7% | ||
| Q1 25 | 2.8% | 1.9% | ||
| Q4 24 | 2.0% | 10.9% | ||
| Q3 24 | 5.5% | 2.5% | ||
| Q2 24 | 12.4% | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 0.35× | ||
| Q3 25 | 1.05× | 1.43× | ||
| Q2 25 | 4.43× | -0.05× | ||
| Q1 25 | 0.70× | 0.31× | ||
| Q4 24 | 1.55× | 1.40× | ||
| Q3 24 | 0.63× | 1.34× | ||
| Q2 24 | 2.91× | 0.99× |
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% |
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
