StoneX (SNEX) Operating Expenses (2010 - 2026)
StoneX (SNEX) posted Operating Expenses of $599.3 million for Q1 2026, up 11.17% quarter-over-quarter from $539.1 million in Q4 2025, and up 53.59% year-on-year from $390.2 million in Q1 2025.
StoneX (SNEX) Operating Expenses (2010 - 2026) Analysis & Trends
StoneX (SNEX) has reported Operating Expenses for 17 consecutive years, with $599.3 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $599.3 million, up 53.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 33.55% YoY), and the FY2025 annual result was $1.6 billion, up 16.01% from the prior year.
- Operating Expenses was $599.3 million for Q1 2026 at StoneX, up from $539.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $599.3 million in Q1 2026 and troughed at $303.2 million in Q2 2022.
- Average Operating Expenses over 5 years is $381.0 million, with a median of $356.8 million recorded in 2024.
- Year-over-year, Operating Expenses grew 2.77% in 2023 and jumped 53.59% in 2026.
- Over 5 years, Operating Expenses stood at $309.9 million in 2022, then increased by 5.16% to $325.9 million in 2023, then increased by 16.88% to $380.9 million in 2024, then soared by 41.53% to $539.1 million in 2025, then increased by 11.17% to $599.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $599.3 million in Q1 2026, $539.1 million in Q4 2025, and $477.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 656.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 4.45 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 330.51 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 242.35 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 81.75 Mn |
| 10 | StoneX | 9.47 Bn | 7.34 Bn | 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 |