StoneX (SNEX) Cost of Revenue (2010 - 2026)

StoneX (SNEX) posted Cost of Revenue of $44.2 billion for Q1 2026, up 313333.33% quarter-over-quarter from $14.1 million in Q4 2025, and up 22.98% year-on-year from $35.9 billion in Q1 2025.

StoneX (SNEX) Cost of Revenue (2010 - 2026) Analysis & Trends

StoneX (SNEX) has reported Cost of Revenue for 17 consecutive years, with $44.2 billion the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $44.2 billion, up 22.98% year-over-year; the trailing twelve-month figure through Mar 2026 was -$18.7 billion (down 129.65% YoY), and the FY2025 annual result was $50.5 million, down 3.99% from the prior year.
  • Cost of Revenue was $44.2 billion for Q1 2026 at StoneX, up from $14.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $44.2 billion in Q1 2026 and troughed at -$96.7 billion in Q3 2025.
  • Average Cost of Revenue over 5 years is $5.2 billion, with a median of $14.3 billion recorded in 2023.
  • The widest YoY moves for Cost of Revenue: up 263997.66% in 2025, down 773537.6% in 2025.
  • Over 5 years, Cost of Revenue stood at $12.9 million in 2022, then soared by 145549.61% to $18.8 billion in 2023, then jumped by 43.65% to $27.0 billion in 2024, then sank by 99.95% to $14.1 million in 2025, then surged by 313333.33% to $44.2 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $44.2 billion in Q1 2026, $14.1 million in Q4 2025, and -$96.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 107.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 6.62 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 39,000.00
10 StoneX 9.47 Bn 7.34 Bn 1.57 Bn 44.19 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 44.19 Bn
Mar 31, 2026 44.19 Bn
Dec 31, 2025 14.10 Mn
Dec 31, 2025 14.10 Mn
Sep 30, 2025 -96.68 Bn
Sep 30, 2025 -96.68 Bn
Jun 30, 2025 33.80 Bn
Jun 30, 2025 33.80 Bn
Mar 31, 2025 35.93 Bn
Mar 31, 2025 35.93 Bn
Dec 31, 2024 26.99 Bn
Dec 31, 2024 26.99 Bn
Sep 30, 2024 12.50 Mn
Sep 30, 2024 12.50 Mn
Jun 30, 2024 12.80 Mn
Jun 30, 2024 12.80 Mn
Mar 31, 2024 21.29 Bn
Mar 31, 2024 21.29 Bn
Dec 31, 2023 18.79 Bn
Dec 31, 2023 18.79 Bn