Axos Financial, Inc. (AX) Financial Statements (2025 and earlier)

Company Profile

Business Address 9205 WEST RUSSELL ROAD
LAS VEGAS, NV 89148
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2025
MRQ
12/31/2024
MRQ
6/30/2024
6/30/2023
6/30/2022
6/30/2021
6/30/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,438,0731,979,9792,382,0861,202,587715,6241,756,477
Cash and cash equivalent2,438,0731,979,9792,382,0861,202,587715,6241,756,477
Financing receivable, accrued interest, after allowance for credit loss119,80077,900  
Total current assets:2,438,0732,099,7792,459,9861,202,587715,6241,756,477
Noncurrent Assets
Operating lease, right-of-use asset  59,98963,56569,19664,07773,014
Property, plant and equipment  72,61953,36436,20926,29630,564
Intangible assets, net (including goodwill), including:137,570141,769152,149156,405115,972125,389
Goodwill97,67397,67397,67395,67471,22271,222
Intangible assets, net (excluding goodwill)  44,09754,47660,73144,74954,167
Other undisclosed intangible assets, net (including goodwill)39,897(1)  1 
Total noncurrent assets:137,570274,377269,078261,810206,345228,967
Other undisclosed assets21,133,77920,481,17817,619,40515,936,76813,343,59611,866,456
TOTAL ASSETS:23,709,42222,855,33420,348,46917,401,16514,265,56513,851,900
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt  30,000 27,500422,00075,000
Securities loaned135,25874,177159,832474,400728,988255,945
Total current liabilities:135,258104,177159,832501,9001,150,988330,945
Noncurrent Liabilities
Other undisclosed liabilities21,052,20220,460,56118,271,47815,256,29211,713,64112,290,109
Total liabilities:21,187,46020,564,73818,431,31015,758,19212,864,62912,621,054
Equity
Equity, attributable to parent, including:2,521,9622,290,5961,917,1591,642,9731,400,9361,230,846
Common stock706702695689681673
Treasury stock, value(413,257)(403,489)(292,413)(237,011)(222,530)(195,125)
Additional paid in capital528,862510,232479,878453,784432,550411,873
Accumulated other comprehensive income (loss)3,007(2,466)(6,610)(2,933)2,507(937)
Retained earnings2,402,6442,185,6171,735,6091,428,4441,187,7281,009,299
Other undisclosed equity, attributable to parent      5,063
Total equity:2,521,9622,290,5961,917,1591,642,9731,400,9361,230,846
TOTAL LIABILITIES AND EQUITY:23,709,42222,855,33420,348,46917,401,16514,265,56513,851,900

Income Statement (P&L) ($ in thousands)

3/31/2025
TTM
12/31/2024
TTM
6/30/2024
6/30/2023
6/30/2022
6/30/2021
6/30/2020
Revenues
(Net Investment Income)
1,663,8431,499,5721,048,874626,628584,410582,748
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
   (24,750)(18,500)(23,750)(42,200)
Gross profit:1,663,8431,499,5721,024,124608,128560,660540,548
Operating expenses(239,488)(227,985)(211,663)(144,343)(113,314)(82,514)
Operating income:1,424,3551,271,587812,461463,785447,346458,034
Interest and debt expense(181,123)(694,178)(374,017)(52,570)(79,121)(145,228)
Income from continuing operations before equity method investments, income taxes:1,243,232577,409438,444411,215368,225312,806
Other undisclosed income (loss) from continuing operations before income taxes(633,781)58,072(6,700)(71,256)(62,482)(50,174)
Income from continuing operations before income taxes:609,451635,481431,744339,959305,743262,632
Income tax expense(176,832)(185,473)(124,579)(99,243)(90,036)(79,194)
Income from continuing operations:432,619450,008307,165240,716215,707183,438
Income before gain (loss) on sale of properties:240,716215,707183,438
Net income attributable to parent:432,619450,008307,165240,716215,707183,438
Preferred stock dividends and other adjustments     (86) 
Other undisclosed net loss available to common stockholders, basic     (103)(309)
Net income available to common stockholders, diluted:432,619450,008307,165240,716215,518183,129

Comprehensive Income ($ in thousands)

3/31/2025
TTM
12/31/2024
TTM
6/30/2024
6/30/2023
6/30/2022
6/30/2021
6/30/2020
Net income:432,619450,008307,165240,716215,707183,438
Other comprehensive income5,473     
Comprehensive income:438,092450,008307,165240,716215,707183,438
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,4534,144(3,677)(5,440)3,444(953)
Comprehensive income, net of tax, attributable to parent:439,545454,152303,488235,276219,151182,485

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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