StoneX (SNEX) Operating Expenses (2010 - 2026)
StoneX's (SNEX) quarterly Operating Expenses came in at $599.3 million in Q1 2026, up 53.59% YoY from $390.2 million in Q1 2025, and up 11.17% on a QoQ basis from $539.1 million in Q4 2025.
StoneX (SNEX) Operating Expenses (2010 - 2026) Analysis & Trends
StoneX (SNEX) has 17 years of Operating Expenses data on file, last reported at $599.3 million in Q1 2026.
- Quarterly Operating Expenses rose 53.59% year-over-year to $599.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 33.55% YoY) and the FY2025 annual result came in at $1.6 billion, up 16.01% from the prior year.
- Operating Expenses rose to $599.3 million in Q1 2026, from $539.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $599.3 million in Q1 2026 to a low of $303.2 million in Q2 2022.
- A 5-year average of $381.0 million and a median of $356.8 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses advanced 2.77% — and 2026, when it surged 53.59%.
- Tracing SNEX's Operating Expenses over 5 years: stood at $309.9 million in 2022, then advanced by 5.16% to $325.9 million in 2023, then advanced by 16.88% to $380.9 million in 2024, then soared by 41.53% to $539.1 million in 2025, then advanced by 11.17% to $599.3 million in 2026.
- The last three Operating Expenses figures came in at $599.3 million (Q1 2026), $539.1 million (Q4 2025), and $477.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 734.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 81.75 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 381.00 Mn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 4.67 Bn |
| 10 | StoneX | 9.39 Bn | 772.20 Mn | 1.57 Bn | 599.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 599.30 Mn |
| Dec 31, 2025 | 539.10 Mn |
| Sep 30, 2025 | 477.00 Mn |
| Jun 30, 2025 | 401.40 Mn |
| Mar 31, 2025 | 390.20 Mn |
| Dec 31, 2024 | 380.90 Mn |
| Sep 30, 2024 | 356.80 Mn |
| Jun 30, 2024 | 382.30 Mn |
| Mar 31, 2024 | 356.90 Mn |
| Dec 31, 2023 | 325.90 Mn |
| Sep 30, 2023 | 330.20 Mn |
| Jun 30, 2023 | 341.40 Mn |
| Mar 31, 2023 | 341.90 Mn |
| Dec 31, 2022 | 309.90 Mn |
| Sep 30, 2022 | 321.30 Mn |
| Jun 30, 2022 | 303.20 Mn |
| Mar 31, 2022 | 319.30 Mn |
| Dec 31, 2021 | 261.30 Mn |
| Sep 30, 2021 | 256.60 Mn |
| Jun 30, 2021 | 255.60 Mn |