10-Q quarterly report · filed Oct 30, 2025

Axos Financial, Inc. (AX) Q3 2025 10-Q Quarterly Report

Short answer

Axos Financial, Inc. (AX) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $466M (down 3.8% year over year) with net income of $112M.

Q3 2025 key financials · XBRL

Revenue
$466M
−3.8% YoY
Net income
$112M
+0.0% YoY
EPS (diluted)
$1.94
+0.5% YoY

Source: XBRL data from the Axos Financial, Inc. (AX) Q3 2025 10-Q on SEC EDGAR. USD.

Axos Financial, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Operating cash flow $118.4M vs $70.8M YoY
  • Investing outflows $1.03B, driven by loan growth and Verdant acquisition
  • Financing inflows $1.62B vs $592.8M YoY, supported by deposits and $200M subordinated notes
  • Deposits $22.3B, up $1.4B or 6.9% from June 30, 2025
  • Non-performing assets $175.4M, 0.64% of assets vs 0.71% at June 30, 2025

Risk Factors

  • No material risk-factor changes disclosed from the 2025 Form 10-K
  • New subordinated notes: $[not stated] 7.00% fixed-to-floating notes due 2035 issued September 19, 2025
  • Repurchase authorization increased by $100 million on May 12, 2025
  • Equity-award dilution exposure: 94,580 shares retained for RSU tax settlement during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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