StoneX (SNEX) Gross Margin (2010 - 2026)
StoneX (SNEX) reported Gross Margin of 3.42% for Q1 2026, down 19276.0% on a YoY basis from N/an in Q1 2025, and down 98.28% quarter-over-quarter from 198.54% in Q4 2025.
StoneX (SNEX) Gross Margin (2010 - 2026) Analysis & Trends
StoneX has reported Gross Margin for 17 years, with the latest figure at 3.42% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 19276.0% year-over-year to 3.42%; the trailing twelve-month figure through Mar 2026 stood at 4.59% (down 814.0% YoY), and the FY2025 full-year result was 3.12%, down 19133.0% from the prior year.
- Gross Margin for Q1 2026 stood at 3.42%, down from 198.54% in the prior quarter.
- The five-year high for Gross Margin was 202.31% in Q3 2024, with the low at 1.21% in Q3 2022.
- Historically, Gross Margin has averaged 59.37% across 5 years, with a median of 4.01% in 2023.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 19763 bps — and 2025, when it slumped 19863 bps.
- StoneX's Gross Margin stood at 5.03% in 2022, then slipped by 20 bps to 4.01% in 2023, then fell by 16 bps to 3.38% in 2024, then soared by 5773 bps to 198.54% in 2025, then sank by 98 bps to 3.42% in 2026.
- The last three Gross Margin figures came in at 3.42% (Q1 2026), 198.54% (Q4 2025), and 3.67% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 84.10% |
| 10 | StoneX | 9.00 Bn | 6.87 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% |