StoneX (SNEX) Research & Development (2010 - 2026)
StoneX (SNEX) posted Research & Development of $16.8 million for Q1 2026, down 36.84% quarter-over-quarter from $26.6 million in Q4 2025, and up 136.62% year-on-year from $7.1 million in Q1 2025.
StoneX (SNEX) Research & Development (2010 - 2026) Analysis & Trends
StoneX (SNEX) has reported Research & Development for 17 consecutive years, with $16.8 million the latest figure, recorded in Q1 2026.
- Research & Development for Q1 2026 came in at $16.8 million, up 136.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $90.1 million (up 343.84% YoY), and the FY2025 annual result was $87.3 million, up 207.39% from the prior year.
- Research & Development was $16.8 million for Q1 2026 at StoneX, down from $26.6 million in the prior quarter.
- Over five years, Research & Development peaked at $43.9 million in Q3 2023 and troughed at -$25.2 million in Q3 2024.
- Average Research & Development over 5 years is $16.0 million, with a median of $16.8 million recorded in 2026.
- Year-over-year, Research & Development surged 2460.0% in 2022 and sank 157.4% in 2024.
- Over 5 years, Research & Development stood at $14.8 million in 2022, then advanced by 14.19% to $16.9 million in 2023, then gained by 16.57% to $19.7 million in 2024, then surged by 35.03% to $26.6 million in 2025, then plunged by 36.84% to $16.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $16.8 million in Q1 2026, $26.6 million in Q4 2025, and $25.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 241.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 23.47 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 39.55 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | StoneX | 9.47 Bn | 7.34 Bn | 1.57 Bn | 16.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.80 Mn |
| Dec 31, 2025 | 26.60 Mn |
| Sep 30, 2025 | 25.60 Mn |
| Jun 30, 2025 | 21.10 Mn |
| Mar 31, 2025 | 7.10 Mn |
| Dec 31, 2024 | 19.70 Mn |
| Sep 30, 2024 | -25.20 Mn |
| Jun 30, 2024 | 18.70 Mn |
| Mar 31, 2024 | 7.10 Mn |
| Dec 31, 2023 | 16.90 Mn |
| Sep 30, 2023 | 43.90 Mn |
| Jun 30, 2023 | 13.70 Mn |
| Mar 31, 2023 | 5.80 Mn |
| Dec 31, 2022 | 14.80 Mn |
| Sep 30, 2022 | 41.60 Mn |
| Jun 30, 2022 | 4.90 Mn |
| Mar 31, 2022 | 12.80 Mn |
| Dec 31, 2021 | 13.00 Mn |
| Sep 30, 2021 | -28.30 Mn |
| Jun 30, 2021 | 1.30 Mn |