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

Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $377.3M, roughly 1.0× Bristow Group Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs 4.9%, a 26.9% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 5.8%).

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.

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

AX vs VTOL — Head-to-Head

Bigger by revenue
AX
AX
1.0× larger
AX
$392.2M
$377.3M
VTOL
Higher net margin
AX
AX
26.9% more per $
AX
31.8%
4.9%
VTOL
Faster 2-yr revenue CAGR
AX
AX
Annualised
AX
16.1%
5.8%
VTOL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AX
AX
VTOL
VTOL
Revenue
$392.2M
$377.3M
Net Profit
$124.7M
$18.4M
Gross Margin
Operating Margin
8.5%
Net Margin
31.8%
4.9%
Revenue YoY
6.7%
Net Profit YoY
18.5%
-42.1%
EPS (diluted)
$2.15
$0.61

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
VTOL
VTOL
Q1 26
$392.2M
Q4 25
$385.1M
$377.3M
Q3 25
$323.4M
$386.3M
Q2 25
$321.4M
$376.4M
Q1 25
$308.8M
$350.5M
Q4 24
$307.9M
$353.5M
Q3 24
$320.7M
$365.1M
Q2 24
$290.9M
$359.7M
Net Profit
AX
AX
VTOL
VTOL
Q1 26
$124.7M
Q4 25
$128.4M
$18.4M
Q3 25
$112.4M
$51.5M
Q2 25
$110.7M
$31.7M
Q1 25
$105.2M
$27.4M
Q4 24
$104.7M
$31.8M
Q3 24
$112.3M
$28.2M
Q2 24
$104.9M
$28.2M
Operating Margin
AX
AX
VTOL
VTOL
Q1 26
Q4 25
45.6%
8.5%
Q3 25
46.3%
13.1%
Q2 25
48.5%
11.3%
Q1 25
47.9%
9.6%
Q4 24
48.8%
9.0%
Q3 24
49.6%
9.1%
Q2 24
49.6%
12.4%
Net Margin
AX
AX
VTOL
VTOL
Q1 26
31.8%
Q4 25
33.3%
4.9%
Q3 25
34.7%
13.3%
Q2 25
34.4%
8.4%
Q1 25
34.1%
7.8%
Q4 24
34.0%
9.0%
Q3 24
35.0%
7.7%
Q2 24
36.0%
7.8%
EPS (diluted)
AX
AX
VTOL
VTOL
Q1 26
$2.15
Q4 25
$2.22
$0.61
Q3 25
$1.94
$1.72
Q2 25
$1.89
$1.07
Q1 25
$1.81
$0.92
Q4 24
$1.80
$1.07
Q3 24
$1.93
$0.95
Q2 24
$1.75
$0.96

Balance Sheet & Financial Strength

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

Metric
AX
AX
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$3.1B
$1.1B
Total Assets
$29.2B
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AX
AX
VTOL
VTOL
Q1 26
Q4 25
$1.0B
$286.2M
Q3 25
$2.6B
$245.5M
Q2 25
$1.9B
$251.8M
Q1 25
$2.0B
$191.1M
Q4 24
$2.4B
$247.5M
Q3 24
$2.6B
$200.3M
Q2 24
$2.0B
$178.6M
Total Debt
AX
AX
VTOL
VTOL
Q1 26
Q4 25
$671.5M
Q3 25
$675.0M
Q2 25
$312.7M
$705.2M
Q1 25
$377.4M
$701.9M
Q4 24
$358.7M
$689.8M
Q3 24
$313.5M
$629.1M
Q2 24
$325.7M
$594.2M
Stockholders' Equity
AX
AX
VTOL
VTOL
Q1 26
$3.1B
Q4 25
$2.9B
$1.1B
Q3 25
$2.8B
$1.0B
Q2 25
$2.7B
$984.4M
Q1 25
$2.6B
$931.7M
Q4 24
$2.5B
$891.7M
Q3 24
$2.4B
$899.2M
Q2 24
$2.3B
$849.1M
Total Assets
AX
AX
VTOL
VTOL
Q1 26
$29.2B
Q4 25
$28.2B
$2.3B
Q3 25
$27.4B
$2.3B
Q2 25
$24.8B
$2.3B
Q1 25
$24.0B
$2.2B
Q4 24
$23.7B
$2.1B
Q3 24
$23.6B
$2.1B
Q2 24
$22.9B
$2.0B
Debt / Equity
AX
AX
VTOL
VTOL
Q1 26
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.12×
0.72×
Q1 25
0.14×
0.75×
Q4 24
0.14×
0.77×
Q3 24
0.13×
0.70×
Q2 24
0.14×
0.70×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$76.9M
Free Cash FlowOCF − Capex
$47.8M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AX
AX
VTOL
VTOL
Q1 26
Q4 25
$104.1M
$76.9M
Q3 25
$118.4M
$23.1M
Q2 25
$490.3M
$99.0M
Q1 25
$73.7M
$-603.0K
Q4 24
$162.5M
$51.1M
Q3 24
$70.8M
$66.0M
Q2 24
$305.5M
$33.7M
Free Cash Flow
AX
AX
VTOL
VTOL
Q1 26
Q4 25
$85.4M
$47.8M
Q3 25
$109.3M
$-6.2M
Q2 25
$436.1M
$67.4M
Q1 25
$65.1M
$-52.7M
Q4 24
$156.4M
$-32.4M
Q3 24
$53.0M
$9.0M
Q2 24
$269.5M
$-16.7M
FCF Margin
AX
AX
VTOL
VTOL
Q1 26
Q4 25
22.2%
12.7%
Q3 25
33.8%
-1.6%
Q2 25
135.7%
17.9%
Q1 25
21.1%
-15.0%
Q4 24
50.8%
-9.2%
Q3 24
16.5%
2.5%
Q2 24
92.6%
-4.6%
Capex Intensity
AX
AX
VTOL
VTOL
Q1 26
Q4 25
4.9%
7.7%
Q3 25
2.8%
7.6%
Q2 25
16.9%
8.4%
Q1 25
2.8%
14.9%
Q4 24
2.0%
23.6%
Q3 24
5.5%
15.6%
Q2 24
12.4%
14.0%
Cash Conversion
AX
AX
VTOL
VTOL
Q1 26
Q4 25
0.81×
4.17×
Q3 25
1.05×
0.45×
Q2 25
4.43×
3.12×
Q1 25
0.70×
-0.02×
Q4 24
1.55×
1.61×
Q3 24
0.63×
2.34×
Q2 24
2.91×
1.20×

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%

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

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