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Side-by-side financial comparison of Axos Financial, Inc. (AX) and NCR Voyix Corp (VYX). Click either name above to swap in a different company.
NCR Voyix Corp is the larger business by last-quarter revenue ($720.0M vs $385.1M, roughly 1.9× Axos Financial, Inc.). Axos Financial, Inc. runs the higher net margin — 33.3% vs 13.6%, a 19.7% gap on every dollar of revenue. On growth, Axos Financial, Inc. posted the faster year-over-year revenue change (25.1% vs 6.2%). Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (14.3% CAGR vs 0.7%).
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.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
AX vs VYX — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $385.1M | $720.0M |
| Net Profit | $128.4M | $98.0M |
| Gross Margin | — | — |
| Operating Margin | 45.6% | 2.4% |
| Net Margin | 33.3% | 13.6% |
| Revenue YoY | 25.1% | 6.2% |
| Net Profit YoY | 22.6% | 990.9% |
| EPS (diluted) | $2.22 | $0.64 |
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.
| Q4 25 | $385.1M | $720.0M | ||
| Q3 25 | $323.4M | $684.0M | ||
| Q2 25 | $321.4M | $666.0M | ||
| Q1 25 | $308.8M | $617.0M | ||
| Q4 24 | $307.9M | $678.0M | ||
| Q3 24 | $320.7M | $708.0M | ||
| Q2 24 | $290.9M | $722.0M | ||
| Q1 24 | $294.8M | $710.0M |
| Q4 25 | $128.4M | $98.0M | ||
| Q3 25 | $112.4M | $-19.0M | ||
| Q2 25 | $110.7M | $0 | ||
| Q1 25 | $105.2M | $-17.0M | ||
| Q4 24 | $104.7M | $-11.0M | ||
| Q3 24 | $112.3M | $1.1B | ||
| Q2 24 | $104.9M | $-73.0M | ||
| Q1 24 | $110.7M | $-40.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.4% | ||
| Q2 24 | — | 17.5% | ||
| Q1 24 | — | 19.4% |
| Q4 25 | 45.6% | 2.4% | ||
| Q3 25 | 46.3% | 2.2% | ||
| Q2 25 | 48.5% | 2.1% | ||
| Q1 25 | 47.9% | -3.2% | ||
| Q4 24 | 48.8% | -0.1% | ||
| Q3 24 | 49.6% | 2.3% | ||
| Q2 24 | 49.6% | -4.7% | ||
| Q1 24 | 52.8% | -2.7% |
| Q4 25 | 33.3% | 13.6% | ||
| Q3 25 | 34.7% | -2.8% | ||
| Q2 25 | 34.4% | — | ||
| Q1 25 | 34.1% | -2.8% | ||
| Q4 24 | 34.0% | -1.6% | ||
| Q3 24 | 35.0% | 152.8% | ||
| Q2 24 | 36.0% | -10.1% | ||
| Q1 24 | 37.6% | -5.6% |
| Q4 25 | $2.22 | $0.64 | ||
| Q3 25 | $1.94 | $-0.16 | ||
| Q2 25 | $1.89 | $-0.03 | ||
| Q1 25 | $1.81 | $-0.15 | ||
| Q4 24 | $1.80 | $-0.05 | ||
| Q3 24 | $1.93 | $7.41 | ||
| Q2 24 | $1.75 | $-0.53 | ||
| Q1 24 | $1.91 | $-0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $231.0M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | $2.9B | $948.0M |
| Total Assets | $28.2B | $3.9B |
| Debt / EquityLower = less leverage | — | 1.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $231.0M | ||
| Q3 25 | $2.6B | $282.0M | ||
| Q2 25 | $1.9B | $276.0M | ||
| Q1 25 | $2.0B | $573.0M | ||
| Q4 24 | $2.4B | $722.0M | ||
| Q3 24 | $2.6B | $792.0M | ||
| Q2 24 | $2.0B | $203.0M | ||
| Q1 24 | $2.1B | $241.0M |
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | $312.7M | — | ||
| Q1 25 | $377.4M | — | ||
| Q4 24 | $358.7M | $1.1B | ||
| Q3 24 | $313.5M | — | ||
| Q2 24 | $325.7M | — | ||
| Q1 24 | $330.4M | — |
| Q4 25 | $2.9B | $948.0M | ||
| Q3 25 | $2.8B | $848.0M | ||
| Q2 25 | $2.7B | $867.0M | ||
| Q1 25 | $2.6B | $857.0M | ||
| Q4 24 | $2.5B | $933.0M | ||
| Q3 24 | $2.4B | $1.0B | ||
| Q2 24 | $2.3B | $-85.0M | ||
| Q1 24 | $2.2B | $-34.0M |
| Q4 25 | $28.2B | $3.9B | ||
| Q3 25 | $27.4B | $4.0B | ||
| Q2 25 | $24.8B | $4.0B | ||
| Q1 25 | $24.0B | $4.3B | ||
| Q4 24 | $23.7B | $4.5B | ||
| Q3 24 | $23.6B | $4.7B | ||
| Q2 24 | $22.9B | $4.8B | ||
| Q1 24 | $22.6B | $5.0B |
| Q4 25 | — | 1.17× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 0.14× | 1.18× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $104.1M | $60.0M |
| Free Cash FlowOCF − Capex | $85.4M | — |
| FCF MarginFCF / Revenue | 22.2% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | 0.81× | 0.61× |
| TTM Free Cash FlowTrailing 4 quarters | $695.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.1M | $60.0M | ||
| Q3 25 | $118.4M | $14.0M | ||
| Q2 25 | $490.3M | $-242.0M | ||
| Q1 25 | $73.7M | $-42.0M | ||
| Q4 24 | $162.5M | $-170.0M | ||
| Q3 24 | $70.8M | $11.0M | ||
| Q2 24 | $305.5M | $62.0M | ||
| Q1 24 | $115.8M | $-35.0M |
| Q4 25 | $85.4M | — | ||
| Q3 25 | $109.3M | $10.0M | ||
| Q2 25 | $436.1M | $-249.0M | ||
| Q1 25 | $65.1M | $-50.0M | ||
| Q4 24 | $156.4M | $-177.0M | ||
| Q3 24 | $53.0M | $9.0M | ||
| Q2 24 | $269.5M | $49.0M | ||
| Q1 24 | $107.3M | $-43.0M |
| Q4 25 | 22.2% | — | ||
| Q3 25 | 33.8% | 1.5% | ||
| Q2 25 | 135.7% | -37.4% | ||
| Q1 25 | 21.1% | -8.1% | ||
| Q4 24 | 50.8% | -26.1% | ||
| Q3 24 | 16.5% | 1.3% | ||
| Q2 24 | 92.6% | 6.8% | ||
| Q1 24 | 36.4% | -6.1% |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 2.8% | 0.6% | ||
| Q2 25 | 16.9% | 1.1% | ||
| Q1 25 | 2.8% | 1.3% | ||
| Q4 24 | 2.0% | 1.0% | ||
| Q3 24 | 5.5% | 0.3% | ||
| Q2 24 | 12.4% | 1.8% | ||
| Q1 24 | 2.9% | 1.1% |
| Q4 25 | 0.81× | 0.61× | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 4.43× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 0.63× | 0.01× | ||
| Q2 24 | 2.91× | — | ||
| Q1 24 | 1.05× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AX
Segment breakdown not available.
VYX
| Services | $484.0M | 67% |
| Products | $236.0M | 33% |
