StoneX (SNEX) Gross Margin (2010 - 2026)
StoneX's (SNEX) quarterly Gross Margin came in at 188.98% in Q1 2026, up 18638.0% YoY from N/an in Q1 2025, and up 5028.43% on a QoQ basis from 3.68% in Q4 2025.
StoneX (SNEX) Gross Margin (2010 - 2026) Analysis & Trends
StoneX (SNEX) has 17 years of Gross Margin data on file, last reported at 188.98% in Q1 2026.
- Quarterly Gross Margin rose 18638.0% year-over-year to 188.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.83% (down 2479.0% YoY) and the FY2025 annual result came in at 201.04%, up 19760.0% from the prior year.
- Gross Margin improved to 188.98% in Q1 2026, from 3.68% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 193.75% in Q1 2024 to a low of 1.23% in Q3 2025.
- A 5-year average of 75.09% and a median of 3.68% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 19182 bps — and 2024, when it slumped 19178 bps.
- Tracing SNEX's Gross Margin over 5 years: stood at 5.03% in 2022, then surged by 3596 bps to 186.01% in 2023, then sank by 98 bps to 3.38% in 2024, then gained by 9 bps to 3.68% in 2025, then jumped by 5028 bps to 188.98% in 2026.
- The last three Gross Margin figures came in at 188.98% (Q1 2026), 3.68% (Q4 2025), and 1.23% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 92.05% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 41.19% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 88.68% |
| 10 | StoneX | 7.83 Bn | -634.14 Mn | 1.47 Bn | 3.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65% |
| Mar 31, 2026 | 188.98% |
| Dec 31, 2025 | 3.68% |
| Sep 30, 2025 | -1.23% |
| Jun 30, 2025 | 2.94% |
| Mar 31, 2025 | 2.59% |
| Dec 31, 2024 | 3.38% |
| Sep 30, 2024 | 0.93% |
| Jun 30, 2024 | 3.38% |
| Mar 31, 2024 | 193.75% |
| Dec 31, 2023 | 186.01% |
| Sep 30, 2023 | 192.72% |
| Jun 30, 2023 | 178.23% |
| Mar 31, 2023 | 176.36% |
| Dec 31, 2022 | 5.03% |
| Sep 30, 2022 | 0.90% |
| Jun 30, 2022 | 2.79% |
| Mar 31, 2022 | 136.07% |
| Dec 31, 2021 | 143.56% |
| Sep 30, 2021 | 149.06% |