StoneX (SNEX) Operating Expenses (2010 - 2026)
StoneX's (SNEX) quarterly Operating Expenses came in at $558.2 million in Q2 2026, up 39.06% on a YoY basis from $401.4 million in Q2 2025, and down 6.86% quarter-over-quarter from $599.3 million in Q1 2026.
Analysis
StoneX (SNEX) Operating Expenses (2010 - 2026) Analysis & Trends
StoneX (SNEX) has reported Operating Expenses for 17 consecutive years, with $558.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 39.06% year-over-year to $558.2 million; the trailing twelve-month figure through Jun 2026 stood at $2.2 billion (up 42.13% YoY), and the FY2025 full-year result was $1.6 billion, up 16.01% from the prior year.
- Operating Expenses retreated to $558.2 million in Q2 2026 per SNEX's latest filing, from $599.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $599.3 million in Q1 2026 and bottomed at $303.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $390.8 million across 5 years, with a median of $356.8 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses climbed 2.77% in 2023, then soared 53.59% in 2026.
- Over 5 years, Operating Expenses stood at $309.9 million in 2022, then grew by 5.16% to $325.9 million in 2023, then grew by 16.88% to $380.9 million in 2024, then surged by 41.53% to $539.1 million in 2025, then increased by 3.54% to $558.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $558.2 million, $599.3 million, and $539.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Virtu Financial | 8.96 Bn | 8.35 Bn | - | 847.40 Mn |
| 2 | StoneX | 8.04 Bn | -425.19 Mn | 1.47 Bn | 558.20 Mn |
| 3 | Bgc | 5.81 Bn | 5.19 Bn | - | 773.64 Mn |
| 4 | Marex | 5.43 Bn | 5.43 Bn | - | -538.30 Mn |
| 5 | Fdctech | 8.88 Mn | -17.00 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 558.20 Mn |
| 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 |