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
DateValue
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