Axos Financial (AX) Revenue & Revenue Breakdown


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Axos Financial Revenue Highlights


Latest Revenue (Y)

$1.88B

Latest Revenue (Q)

$476.73M

Main Segment (Y)

Advisory Fee Income

Main Geography (Y)

Advisory Fee Income

Axos Financial Revenue by Period


Axos Financial Revenue by Year

DateRevenueChange
2024-06-30$1.88B111.00%
2023-06-30$890.18M26.21%
2022-06-30$705.34M11.45%
2021-06-30$632.85M10.56%
2020-06-30$572.39M17.16%
2019-06-30$488.54M11.17%
2018-06-30$439.44M15.23%
2017-06-30$381.36M16.50%
2016-06-30$327.35M42.61%
2015-06-30$229.53M43.86%
2014-06-30$159.55M23.36%
2013-06-30$129.34M31.49%
2012-06-30$98.36M44.55%
2011-06-30$68.05M4.73%
2010-06-30$64.97M108.74%
2009-06-30$31.13M60.45%
2008-06-30$19.40M61.28%
2007-06-30$12.03M6.47%
2006-06-30$11.30M14.39%
2005-06-30$9.88M27.93%
2004-06-30$7.72M19.93%
2003-06-30$6.44M1208.33%
2002-06-30$492.00K35.91%
2001-06-30$362.00K-

Axos Financial generated $1.88B in revenue during NA 2024, up 111.00% compared to the previous quarter, and up 384.47% compared to the same period a year ago.

Axos Financial Revenue by Quarter

DateRevenueChange
2024-03-31$476.73M20.79%
2023-12-31$394.66M8.44%
2023-09-30$363.95M56.24%
2023-06-30$232.95M2.23%
2023-03-31$227.87M1.50%
2022-12-31$224.50M9.59%
2022-09-30$204.85M8.64%
2022-06-30$188.57M7.91%
2022-03-31$174.75M1.20%
2021-12-31$172.68M1.97%
2021-09-30$169.34M9.05%
2021-06-30$155.29M-0.63%
2021-03-31$156.28M-2.54%
2020-12-31$160.36M-0.35%
2020-09-30$160.93M11.90%
2020-06-30$143.81M-19.20%
2020-03-31$177.98M39.30%
2019-12-31$127.77M4.02%
2019-09-30$122.83M0.74%
2019-06-30$121.93M-20.91%
2019-03-31$154.17M40.65%
2018-12-31$109.61M6.60%
2018-09-30$102.82M-1.16%
2018-06-30$104.03M-25.81%
2018-03-31$140.21M38.39%
2017-12-31$101.31M7.90%
2017-09-30$93.89M1.99%
2017-06-30$92.06M-17.60%
2017-03-31$111.73M20.06%
2016-12-31$93.06M10.12%
2016-09-30$84.51M-1.92%
2016-06-30$86.17M-7.22%
2016-03-31$92.87M16.98%
2015-12-31$79.39M15.20%
2015-09-30$68.92M5.10%
2015-06-30$65.57M11.08%
2015-03-31$59.03M7.71%
2014-12-31$54.81M9.34%
2014-09-30$50.12M10.85%
2014-06-30$45.22M10.63%
2014-03-31$40.88M6.53%
2013-12-31$38.37M9.36%
2013-09-30$35.09M-2.19%
2013-06-30$35.87M8.58%
2013-03-31$33.04M5.94%
2012-12-31$31.18M6.63%
2012-09-30$29.25M9.01%
2012-06-30$26.83M5.61%
2012-03-31$25.40M11.48%
2011-12-31$22.79M-2.39%
2011-09-30$23.34M23.39%
2011-06-30$18.92M8.73%
2011-03-31$17.40M5.44%
2010-12-31$16.50M8.39%
2010-09-30$15.22M-21.55%
2010-06-30$19.41M6.14%
2010-03-31$18.28M-7.64%
2009-12-31$19.80M53.16%
2009-09-30$12.93M-5.52%
2009-06-30$13.68M55.90%
2009-03-31$8.78M-0.09%
2008-12-31$8.78M-7941.96%
2008-09-30$-112.00K-101.71%
2008-06-30$6.54M15.10%
2008-03-31$5.68M-

Axos Financial generated $476.73M in revenue during Q3 2024, up 20.79% compared to the previous quarter, and up 212.35% compared to the same period a year ago.

Axos Financial Revenue Breakdown


Axos Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceJun 24Jun 23Jun 22Jun 20Jun 19
Advisory Fee Income$31.34M$28.32M$28.31M--
Broker Dealer Clearing Fees$20.64M$21.90M$19.75M$23.21M$11.74M
Card Fees$2.52M$4.41M$3.76M$5.04M$5.34M
Deposit Service Fees$4.26M$4.52M$4.51M$4.24M$3.51M
Bankruptcy Trustees and Fiduciary Service Fees-$6.11M$3.10M$1.27M$7.04M

Axos Financial's latest annual revenue breakdown by segment (product or service), as of Jun 24: Advisory Fee Income (53.34%), Broker Dealer Clearing Fees (35.14%), Deposit Service Fees (7.25%), and Card Fees (4.28%).

Quarterly Revenue by Product

Product/ServiceJun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Deposit Service Fees$676.00K$727.00K$2.48M$362.00K$430.00K$404.00K$2.47M$208.00K
Bankruptcy Trustees and Fiduciary Service Fees$33.00K$15.00K$359.00K$865.00K$1.31M$1.51M$2.01M$2.20M
Broker Dealer Clearing Fees$5.67M$6.33M$5.55M$5.66M$10.17M$1.57M--
Card Fees$1.14M$1.28M$1.29M$1.33M$1.25M$1.17M$1.17M$1.75M

Axos Financial's latest quarterly revenue breakdown by segment (product or service), as of Jun 20: Broker Dealer Clearing Fees (75.45%), Card Fees (15.12%), Deposit Service Fees (9.00%), and Bankruptcy Trustees and Fiduciary Service Fees (0.44%).

Axos Financial Revenue Breakdown by Country

Annual Revenue by Country

CountryJun 22Jun 20Jun 19
Broker Dealer Clearing Fees$19.75M$23.21M$11.74M
Card Fees$3.76M$5.04M$5.34M
Deposit Service Fees$4.51M$4.24M$3.51M
Advisory Fee Income$28.31M--
Bankruptcy Trustees and Fiduciary Service Fees$3.10M$1.27M$7.04M

Axos Financial's latest annual revenue breakdown by geography, as of Jun 22: Advisory Fee Income (47.63%), Broker Dealer Clearing Fees (33.24%), Deposit Service Fees (7.58%), Card Fees (6.33%), and Bankruptcy Trustees and Fiduciary Service Fees (5.21%).

Quarterly Revenue by Country

CountryJun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Broker Dealer Clearing Fees$5.67M$6.33M$5.55M$5.66M$10.17M$1.57M--
Bankruptcy Trustees and Fiduciary Service Fees$33.00K$15.00K$359.00K$865.00K$1.31M$1.51M$2.01M$2.20M
Deposit Service Fees$676.00K$727.00K$2.48M$362.00K$430.00K$404.00K$2.47M$208.00K
Card Fees$1.14M$1.28M$1.29M$1.33M$1.25M$1.17M$1.17M$1.75M

Axos Financial's latest quarterly revenue breakdown by geography, as of Jun 20: Broker Dealer Clearing Fees (75.45%), Card Fees (15.12%), Deposit Service Fees (9.00%), and Bankruptcy Trustees and Fiduciary Service Fees (0.44%).

Axos Financial Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BOKFBOK Financial$2.34B$914.20M
AXAxos Financial$1.88B$476.73M
BRKLBrookline Bancorp$609.22M$161.75M
BANFBancFirst$593.93M$152.18M
NBHCNational Bank$559.33M$146.48M
FGBIFirst Guaranty Bancshares$193.43M$69.18M
BCBPBCB Bancorp$192.44M$46.21M
HBCPHome Bancorp$178.87M$49.13M
AMNBAmerican National Bankshares$138.72M$36.31M
BCMLBayCom$133.31M$33.89M
ACNBACNB$115.08M$33.30M
CWBCCommunity West Bancshares$61.39M$27.26M
FCAPFirst Capital$51.24M$14.24M
GSBCGreat Southern Bancorp$46.29M$84.15M
AFBIAffinity Bancshares$45.17M$12.93M
AUBNAuburn National Ban$31.39M$7.61M
FFINFirst Financial Bankshares-$184.94M

AX Revenue FAQ


Axos Financial's yearly revenue for 2024 was $1.88B, representing an increase of 111.00% compared to 2023. The company's yearly revenue for 2023 was $890.18M, representing an increase of 26.21% compared to 2022. AX's yearly revenue for 2022 was $705.34M, representing an increase of 11.45% compared to 2021.

Axos Financial's quarterly revenue for Q3 2024 was $476.73M, a 20.79% increase from the previous quarter (Q2 2024), and a 109.21% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $394.66M, a 8.44% increase from the previous quarter (Q1 2024), and a 75.80% increase year-over-year (Q2 2023). AX's quarterly revenue for Q1 2024 was $363.95M, a 56.24% increase from the previous quarter (Q4 2023), and a 77.66% increase year-over-year (Q1 2023).

Axos Financial's revenue growth rate for the last 3 years (2022-2024) was 166.29%, and for the last 5 years (2020-2024) was 228.15%.

Axos Financial's revenue streams in n 24 are Advisory Fee Income, Broker Dealer Clearing Fees, Card Fees, and Deposit Service Fees. Advisory Fee Income generated $31.34M in revenue, accounting 53.34% of the company's total revenue, up 10.63% year-over-year. Broker Dealer Clearing Fees generated $20.64M in revenue, accounting 35.14% of the company's total revenue, down -5.75% year-over-year. Card Fees generated $2.52M in revenue, accounting 4.28% of the company's total revenue, down -42.95% year-over-year. Deposit Service Fees generated $4.26M in revenue, accounting 7.25% of the company's total revenue, down -5.76% year-over-year.

For the fiscal year ending Jun 24, the largest source of revenue of Axos Financial was Advisory Fee Income. This segment made a revenue of $31.34M, representing 53.34% of the company's total revenue.