Company: AX
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001299709-25-000125
Chunk: 79

Company: Axos Financial, Inc.
Filing Date: 2025-08-21
Form: 10-K
Item: Item 8
Chunk 79
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,413)$1,917,159 Net income— — — — — — 450,008 — 450,008 Other comprehensive income (loss)— — — — — 4,144 — — 4,144 Purchase of treasury stock— (2,541,254)(2,541,254)— — — — (97,023)(97,023)Stock-based compensation activity756,186 (263,402)492,784 7 30,354 — — (14,053)16,308 Balance as of June 30, 202470,221,632 (13,327,067)56,894,565 $702 $510,232 $(2,466)$2,185,617 $(403,489)$2,290,596 Net income— — — — — — 432,908 — 432,908 Other comprehensive income (loss)— — — — — 2,814 — — 2,814 Purchase of treasury stock— (951,927)(951,927)— — — — (58,450)(58,450)Stock-based compensation activity880,010 (339,031)540,979 9 38,663 — — (25,863)12,809 Balance as of June 30, 202571,101,642 (14,618,025)56,483,617 $711 $548,895 $348 $2,618,525 $(487,802)$2,680,677 

See accompanying notes to the consolidated financial statements.

F-6

AXOS FINANCIAL, INC.CONSOLIDATED STATEMENTS OF CASH FLOWSFiscal Year Ended June 30,(Dollars in thousands)202520242023CASH FLOWS FROM OPERATING ACTIVITIES:Net income$432,908 $450,008 $307,165 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Depreciation and amortization29,019 27,086 23,387 Other accretion and amortization(108,076)(58,275)(1,616)Stock-based compensation expense41,971 35,194