StoneX (SNEX) Gross Margin (2010 - 2026)
StoneX (SNEX) posted Gross Margin of 3.42% for Q1 2026, down 98.28% quarter-over-quarter from 198.54% in Q4 2025, and down 19276.0% year-on-year from N/an in Q1 2025.
StoneX (SNEX) Gross Margin (2010 - 2026) Analysis & Trends
StoneX (SNEX) has reported Gross Margin for 17 consecutive years, with 3.42% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 3.42%, down 19276.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.59% (down 814.0% YoY), and the FY2025 annual result was 3.12%, down 19133.0% from the prior year.
- Gross Margin was 3.42% for Q1 2026 at StoneX, down from 198.54% in the prior quarter.
- Over five years, Gross Margin peaked at 202.31% in Q3 2024 and troughed at 1.21% in Q3 2022.
- Average Gross Margin over 5 years is 59.37%, with a median of 4.01% recorded in 2023.
- Year-over-year, Gross Margin soared 19763 bps in 2024 and plunged 19863 bps in 2025.
- Over 5 years, Gross Margin stood at 5.03% in 2022, then fell by 20 bps to 4.01% in 2023, then slipped by 16 bps to 3.38% in 2024, then soared by 5773 bps to 198.54% in 2025, then plunged by 98 bps to 3.42% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 3.42% in Q1 2026, 198.54% in Q4 2025, and 3.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 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 | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | StoneX | 9.47 Bn | 7.34 Bn | 1.57 Bn | 3.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.42% |
| Dec 31, 2025 | 198.54% |
| Sep 30, 2025 | 3.67% |
| Jun 30, 2025 | 2.94% |
| Mar 31, 2025 | 196.18% |
| Dec 31, 2024 | 3.38% |
| Sep 30, 2024 | 202.31% |
| Jun 30, 2024 | 195.03% |
| Mar 31, 2024 | 3.70% |
| Dec 31, 2023 | 4.01% |
| Sep 30, 2023 | 4.68% |
| Jun 30, 2023 | 5.16% |
| Mar 31, 2023 | 176.36% |
| Dec 31, 2022 | 5.03% |
| Sep 30, 2022 | -1.21% |
| Jun 30, 2022 | 2.79% |
| Mar 31, 2022 | 3.32% |
| Dec 31, 2021 | 3.14% |
| Sep 30, 2021 | 0.95% |
| Jun 30, 2021 | 70.01% |