The financials
StoneX Group Inc. by the numbers
StoneX Group Inc. (SNEX) reported revenue of $45.8B in Q2 2026 (quarter ended Mar 31, 2026), up 24% from the same quarter a year earlier. That came with a gross margin of 3.4% and net income of $174M (0.4% of revenue). For the full year FY2025, revenue was $132.4B (+33% year on year) and net income $306M. Its largest product in Jun 2026 was Sales Of Physical Commodities at $38.8B, 94% of the disclosed total, well ahead of Interest Income Net at 1.5%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $45.8B | $36.9B | +24% |
| Gross profit | $1.57B | $956M | +64% |
| Operating income | $968M | −$8.6M | to a profit |
| Net income | $174M | $72M | +143% |
| Diluted EPS | $2.07 | $0.94 | +120% |
| Product | Revenue | Share |
|---|---|---|
| Sales Of Physical Commodities | $38.8B | 94% |
| Interest Income Net | $614M | 1.5% |
| Precious Metals Retail Sales | $414M | 1.0% |
| Principal Gains Net | $405M | 1.0% |
| Commissionand Clearing Fees | $332M | 0.8% |
| Sales Based Commissions | $233M | 0.6% |
| Exchange Traded Futures And Options | $178M | 0.4% |
| Clearing Service | $87M | 0.2% |
| Consulting Management And Account Fees | $70M | 0.2% |
| Equitiesand Fixed Income Commissions | $47M | 0.1% |
| Underwriting Fees | $16M | 0.0% |
| Asset Management1 | $15M | 0.0% |
| Client Account Fees | $15M | 0.0% |
| Sweep Program Fees | $9.6M | 0.0% |
| Advisoryand Consulting Fees | $8.8M | 0.0% |
| Trailing Commissions | $7.6M | 0.0% |
| Other Consulting Managementand Account Fees | $5.3M | 0.0% |
| Trade Conversion Fees | $4.7M | 0.0% |
| Insurance Annuity Trailing Commissions | $4.0M | 0.0% |
| Mutual Fund Trailing Commissions | $3.6M | 0.0% |
| OTC Derivative Brokerage | $3.5M | 0.0% |
| Variable Annuity | $2.6M | 0.0% |
| Mutual Fund Sales Based Commissions | $800K | 0.0% |
| Other Sales Based Commissions | $800K | 0.0% |
| Other Commission And Clearing Fees | $500K | 0.0% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $41.25B (-13%)
Underwriting Fees grew +5167% year on yearOther Commission And Clearing Fees -96% year on year
Segment Latestquarter on quarteryear on year
- Sales Of Physical Commodities$38.77B$38.77BQoQ -12%year on year +15%-12%+15%
- Interest Income Net$614.3M$614.3MQoQ +6.3%year on year +39%+6.3%+39%
- Precious Metals Retail Sales$413.5M$413.5MQoQ -57%year on year -35%-57%-35%
- Principal Gains Net$404.8M$404.8MQoQ -14%year on year +21%-14%+21%
- Commission and Clearing Fees$332.0M$332.0MQoQ -4.5%year on year +100%-4.5%+100%
- Sales Based Commissions$232.5M$232.5MQoQ -1.6%year on year +142%-1.6%+142%
- Exchange Traded Futures And Options$178.1M$178.1MQoQ -5.7%year on year +145%-5.7%+145%
- Clearing Service$86.7M$86.7MQoQ -11%year on year +77%-11%+77%
- Consulting Management And Account Fees$69.6M$69.6MQoQ +0.87%year on year +51%+0.87%+51%
- Equities and Fixed Income Commissions$46.7M$46.7MQoQ +17%year on year +183%+17%+183%
- Underwriting Fees$15.8M$15.8MQoQ +84%year on year +5167%+84%+5167%
- Asset Management1$15.2M$15.2MQoQ -4.4%year on year -11%-4.4%-11%
- Client Account Fees$14.9M$14.9MQoQ -18%year on year +101%-18%+101%
- Sweep Program Fees$9.6M$9.6MQoQ 0.00%year on year -10%0.00%-10%
- Advisory and Consulting Fees$8.8M$8.8MQoQ -12%year on year +13%-12%+13%
- Trailing Commissions$7.6M$7.6MQoQ -3.8%year on year +5.6%-3.8%+5.6%
- Other Consulting Management and Account Fees$5.3M$5.3MQoQ -21%year on year +83%-21%+83%
- Trade Conversion Fees$4.7M$4.7MQoQ +24%year on year +88%+24%+88%
- Insurance Annuity Trailing Commissions$4.0M$4.0MQoQ -7.0%year on year +2.6%-7.0%+2.6%
- Mutual Fund Trailing Commissions$3.6M$3.6MQoQ 0.00%year on year +9.1%0.00%+9.1%
- OTC Derivative Brokerage$3.5M$3.5MQoQ +119%year on year +21%+119%+21%
- Variable Annuity$2.6M$2.6MQoQ -37%year on year -7.1%-37%-7.1%
- Mutual Fund Sales Based Commissions$800.0K$800.0KQoQ -20%year on year +14%-20%+14%
- Other Sales Based Commissions$800.0K$800.0KQoQ 0.00%year on year +167%0.00%+167%
- Other Commission And Clearing Fees$500.0K$500.0KQoQ -69%year on year -96%-69%-96%