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Axos Financial AX Data processing and equipment

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Other financials

Income statement

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Revenue$392.2M+27.0%
Net income$124.7M+18.5%
EPS (diluted)$2.15+18.8%

Balance sheet

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Cash & equivalents$1.4B-40.1%
Total debt$371.8M-5.1%
Total equity$3.1B+17.7%
Total assets$29.2B+22.0%

Cash flow

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Operating cash flow$42.0M-43.0%
CapEx$143.3M+1,575%
Free cash flow$85.4M-45.4%

Valuation

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Market cap$5.68B+19.0%
P/E11.9×+0.9×
P/S+0.2×

Profitability

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Net margin33.5%-1.3pp
FCF margin31.5%+3.2pp

Returns & leverage

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Return on equity16.8%-1.0pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Axos Financial in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The source filing: Axos Financial’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001299709-26-000035
(Dollars in thousands, except earnings per common share)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025Nine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
Total non-interest income85,98833,373171,70689,781
NON-INTEREST EXPENSE:
Salaries and related costs81,57174,677240,380223,067
Data and operational processing23,11221,77666,99460,075
Depreciation and amortization22,2676,84753,81321,328
Advertising and promotional13,15811,43738,06736,735
Professional services10,8588,24333,48427,210
Occupancy and equipment5,7684,64515,57913,169

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is Axos Financial's data processing and equipment?
Axos Financial (AX) reported data processing and equipment of $23.11M in Q1 2026.
How has Axos Financial's data processing and equipment changed year-over-year?
Axos Financial's data processing and equipment increased by 6.1% year-over-year, from $21.78M to $23.11M.
What is the long-term trend for Axos Financial's data processing and equipment?
Over 3 years (2022 to 2025), Axos Financial's data processing and equipment has grown at a 17.0% compound annual growth rate (CAGR), from $50.16M to $80.43M.
What does data processing and equipment mean?
This metric encompasses the costs associated with maintaining the bank's digital infrastructure, software licensing, and data processing services. It reflects the investment required to support online banking platforms, cybersecurity, and internal operational systems. Higher spending in this area typically indicates a commitment to digital transformation and operational scalability.

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