StoneX (SNEX) Research & Development (2010 - 2026)

StoneX (SNEX) reported Research & Development of $16.8 million for Q1 2026, up 136.62% on a YoY basis from $7.1 million in Q1 2025, and down 36.84% quarter-over-quarter from $26.6 million in Q4 2025.

StoneX (SNEX) Research & Development (2010 - 2026) Analysis & Trends

StoneX has reported Research & Development for 17 years, with the latest figure at $16.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 136.62% year-over-year to $16.8 million; the trailing twelve-month figure through Mar 2026 stood at $90.1 million (up 343.84% YoY), and the FY2025 full-year result was $87.3 million, up 207.39% from the prior year.
  • Research & Development for Q1 2026 stood at $16.8 million, down from $26.6 million in the prior quarter.
  • The five-year high for Research & Development was $43.9 million in Q3 2023, with the low at -$25.2 million in Q3 2024.
  • Historically, Research & Development has averaged $16.0 million across 5 years, with a median of $16.8 million in 2026.
  • Annual changes were most pronounced in 2022 — Research & Development soared 2460.0% — and 2024, when it tumbled 157.4%.
  • StoneX's Research & Development stood at $14.8 million in 2022, then increased by 14.19% to $16.9 million in 2023, then grew by 16.57% to $19.7 million in 2024, then surged by 35.03% to $26.6 million in 2025, then sank by 36.84% to $16.8 million in 2026.
  • The last three Research & Development figures came in at $16.8 million (Q1 2026), $26.6 million (Q4 2025), and $25.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 1.15 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 583.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 241.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 23.47 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 39.55 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn -
10 StoneX 9.00 Bn 6.87 Bn 1.57 Bn 16.80 Mn

Historic Data

Download Data
DateValue
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