StoneX (SNEX) Operating Margin (2010 - 2026)

StoneX (SNEX) posted Operating Margin of 2.11% for Q1 2026, down 98.3% quarter-over-quarter from 124.12% in Q4 2025, and down 11399.0% year-on-year from N/an in Q1 2025.

StoneX (SNEX) Operating Margin (2010 - 2026) Analysis & Trends

StoneX (SNEX) has reported Operating Margin for 17 consecutive years, with 2.11% the latest figure, recorded in Q1 2026.

  • Operating Margin for Q1 2026 came in at 2.11%, down 11399.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.82% (down 476.0% YoY), and the FY2025 annual result was 1.87%, down 11211.0% from the prior year.
  • Operating Margin was 2.11% for Q1 2026 at StoneX, down from 124.12% in the prior quarter.
  • Over five years, Operating Margin peaked at 124.12% in Q4 2025 and troughed at 0.54% in Q3 2022.
  • Average Operating Margin over 5 years is 34.77%, with a median of 2.34% recorded in 2023.
  • The widest YoY moves for Operating Margin: up 12210 bps in 2025, down 12164 bps in 2025.
  • Over 5 years, Operating Margin stood at 2.65% in 2022, then declined by 12 bps to 2.34% in 2023, then decreased by 14 bps to 2.02% in 2024, then soared by 6054 bps to 124.12% in 2025, then tumbled by 98 bps to 2.11% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 2.11% in Q1 2026, 124.12% in Q4 2025, and 2.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 149.71%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 46.50%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 108.11%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -161.28%
10 StoneX 9.47 Bn 7.34 Bn 1.57 Bn 2.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.11%
Dec 31, 2025 124.12%
Sep 30, 2025 2.22%
Jun 30, 2025 1.79%
Mar 31, 2025 116.11%
Dec 31, 2024 2.02%
Sep 30, 2024 123.86%
Jun 30, 2024 113.43%
Mar 31, 2024 2.09%
Dec 31, 2023 2.34%
Sep 30, 2023 2.69%
Jun 30, 2023 2.89%
Mar 31, 2023 90.76%
Dec 31, 2022 2.65%
Sep 30, 2022 -0.54%
Jun 30, 2022 1.19%
Mar 31, 2022 1.38%
Dec 31, 2021 1.32%
Sep 30, 2021 0.32%
Jun 30, 2021 28.54%