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Axos Financial vs Carver Bancorp: revenue, profit, margins and growth compared

Axos Financial brought in $81.3M of revenue in fiscal 2026, Carver Bancorp $3M in fiscal 2025. Revenue changed by +23.5% at Axos Financial and +1.5% at Carver Bancorp on the year before, so Axos Financial grew faster. Axos Financial kept 603.5% of its revenue as net profit, Carver Bancorp -457.7%. Free cash flow was $291.1M at Axos Financial and -$12.9M at Carver Bancorp.

Side by side, latest fiscal year

AXCARV
Fiscal year endedFY2026 (June 30, 2026)FY2025 (March 31, 2025)
Revenue$81.3M$3M
Revenue growth+23.5%+1.5%
Net income$490.4M-$13.7M
Net margin603.5%-457.7%
Free cash flow$291.1M-$12.9M
Free cash flow margin358.3%-430.9%
Earnings per share (diluted)$8.48-$2.65
Cash$1.1B$50.3M
Debt$342.9M$20.2M
Price to earnings10.3n/a
Market value$5B$8M
Dividend yieldn/an/a
Rank by revenue in sector#361 of 536 · Finance#488 of 536 · Finance

Over the years

Revenue
AX FY2019: $27.6MAX FY2020: $26.8MAX FY2021: $31.3MAX FY2022: $59.4MAX FY2023: $65.3MAX FY2024: $64.6MAX FY2025: $65.8MAX FY2026: $81.3MCARV FY2018: $0CARV FY2021: $4.2MCARV FY2022: $5MCARV FY2023: $2.9MCARV FY2024: $3MCARV FY2025: $3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AX $81.3MCARV $3M
Net income
AX FY2019: $155.1MAX FY2020: $183.4MAX FY2021: $215.7MAX FY2022: $240.7MAX FY2023: $307.2MAX FY2024: $450MAX FY2025: $432.9MAX FY2026: $490.4MCARV FY2018: $5.4MCARV FY2019: -$5.9MCARV FY2020: -$5.4MCARV FY2021: -$3.9MCARV FY2022: -$847KCARV FY2023: -$4.4MCARV FY2024: -$3MCARV FY2025: -$13.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AX $490.4MCARV -$13.7M
Net margin
AX FY2019: 561.5%AX FY2020: 684.0%AX FY2021: 688.4%AX FY2022: 405.0%AX FY2023: 470.7%AX FY2024: 696.2%AX FY2025: 658.0%AX FY2026: 603.5%CARV FY2021: -92.7%CARV FY2022: -17.0%CARV FY2023: -151.8%CARV FY2024: -100.6%CARV FY2025: -457.7%FY19FY20FY21FY22FY23FY24FY25FY26
AX 603.5%CARV -457.7%
Revenue growth
AX FY2020: -2.9%AX FY2021: +16.8%AX FY2022: +89.7%AX FY2023: +9.8%AX FY2024: -1.0%AX FY2025: +1.8%AX FY2026: +23.5%CARV FY2022: +18.5%CARV FY2023: -41.8%CARV FY2024: +2.0%CARV FY2025: +1.5%FY20FY21FY22FY23FY24FY25FY26
AX +23.5%CARV +1.5%
Free cash flow
AX FY2019: $184.3MAX FY2020: $271.8MAX FY2021: $402.1MAX FY2022: $195.1MAX FY2023: $166.5MAX FY2024: $269.5MAX FY2025: $436.1MAX FY2026: $291.1MCARV FY2018: -$6.6MCARV FY2019: -$11.6MCARV FY2020: -$1.3MCARV FY2021: $2MCARV FY2022: $7MCARV FY2023: -$10.7MCARV FY2024: -$6.9MCARV FY2025: -$12.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AX $291.1MCARV -$12.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Axos Financial and Carver Bancorp

Which is bigger by revenue, Axos Financial or Carver Bancorp?

Axos Financial is bigger by revenue: $81.3M in fiscal 2026, against $3M for Carver Bancorp in fiscal 2025.

Which keeps more of its revenue as profit, Axos Financial or Carver Bancorp?

Axos Financial had a net margin of 603.5% in fiscal 2026; Carver Bancorp had -457.7% in fiscal 2025.

Which grew revenue faster, Axos Financial or Carver Bancorp?

In their latest fiscal years revenue changed by +23.5% at Axos Financial and +1.5% at Carver Bancorp.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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