StoneX (SNEX) Gross Margin (2010 - 2026)
StoneX's Gross Margin was 3.65% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.71 percentage points from 2.94% a year earlier and up 0.23 percentage points from the prior quarter.
StoneX (SNEX) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, StoneX's Gross Margin was 3.60% through Jun 30, 2026, up 0.66 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 3.12%, down 0.32 percentage points from FY2024.
- Gross Margin shows a five-year change of +0.70 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Gross Margin was 3.44% in FY2024 (-1.35 pp), 4.79% in FY2023 (+1.60 pp), 3.19% in FY2022 (-0.74 pp) and 3.93% in FY2021 (+1.52 pp).
- Quarterly Gross Margin has moved between 2.59% (fiscal Q2 2025) and 5.16% (fiscal Q3 2023) over five years.
- Compared with a year earlier, Gross Margin has increased for four straight quarters, with an average year-over-year change of -0.17 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q3 2023 (a gain of 2.37 percentage points); the worst was fiscal Q3 2024 (a drop of 1.79 percentage points).
- Per Business Quant data, SNEX's Gross Margin in the three fiscal quarters before Q3 2026 was 3.42% (Q2 2026), 3.68% (Q1 2026) and 3.67% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 100.80 Bn | 100.80 Bn | - | - |
| 2 | Robinhood Markets | 98.01 Bn | 79.10 Bn | - | - |
| 3 | Bank of New York Mellon | 96.82 Bn | 36.20 Bn | - | - |
| 4 | Intercontinental Exchange | 87.60 Bn | 81.41 Bn | - | - |
| 5 | Nasdaq | 52.63 Bn | 50.06 Bn | 1.50 Bn | 59.24% |
| 6 | State Street | 48.07 Bn | 48.07 Bn | - | - |
| 7 | Interactive Brokers | 39.59 Bn | 33.05 Bn | - | - |
| 8 | Cboe Global Markets | 31.87 Bn | 23.53 Bn | 731.60 Mn | 50.71% |
| 9 | Northern Trust | 30.78 Bn | 30.78 Bn | - | - |
| 10 | StoneX | 7.35 Bn | -166.86 Mn | 1.47 Bn | 3.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65% |
| Mar 31, 2026 | 3.42% |
| Dec 31, 2025 | 3.68% |
| Sep 30, 2025 | 3.67% |
| Jun 30, 2025 | 2.94% |
| Mar 31, 2025 | 2.59% |
| Dec 31, 2024 | 3.38% |
| Sep 30, 2024 | 2.95% |
| Jun 30, 2024 | 3.38% |
| Mar 31, 2024 | 3.70% |
| Dec 31, 2023 | 4.01% |
| Sep 30, 2023 | 4.68% |
| Jun 30, 2023 | 5.16% |
| Mar 31, 2023 | 4.36% |
| Dec 31, 2022 | 5.03% |
| Sep 30, 2022 | 3.56% |
| Jun 30, 2022 | 2.79% |
| Mar 31, 2022 | 3.32% |
| Dec 31, 2021 | 3.14% |
| Sep 30, 2021 | 3.29% |
StoneX Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SNEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SNEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SNEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();