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StoneX Group Inc. SNEX Introducing broker commissions

Introducing broker commissions at other companies

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$12.3M+669%
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$30.66M+29.6%

Segments

By segment

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Commercial$51.8M+305%
Self-Directed/Retail$26.7M-4.3%
Institutional$15M+92.3%
Payments$1.3M+8.3%

Other financials

Income statement

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Revenue$719.7M+47.4%
Gross profit-$38.0B-14.1%
Operating income-$10.9M+59.5%
Net income$127.9M+102%
EPS (diluted)$1.00+85.2%

Balance sheet

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Cash & equivalents$11.7B+56.1%
Total debt$2.0B+85.4%
Total equity$2.8B+43.7%
Total assets$54.0B+57.7%

Cash flow

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Operating cash flow$2.8B+1,911%
CapEx$16.2M+1.3%
Free cash flow$2.8B+1,736%

Valuation

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Market cap$9.2B+129%
Enterprise value-$423.8M-82.0%
P/E17.5×+3.9×
P/S3.2×+1.1×

Profitability

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Gross margin-5,219%-861pp
Operating margin-2.6%-0.7pp
Net margin18.4%+3.0pp
FCF margin246.8%

Returns & leverage

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Return on equity21.9%+5.3pp
Debt / equity0.7×+0.2×

Where this comes from

Reported directly by StoneX Group Inc. in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpenseCommissionExpense.

The source filing: StoneX Group Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:50 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000913760-26-000038
(in millions, except share and per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Cost of sales of physical commodities38,725.033,804.5120,510.896,730.2
Operating revenues1,468.01,024.34,473.02,924.6
Transaction-based clearing expenses144.394.9429.6273.2
Introducing broker commissions93.149.7283.7139.5
Interest expense484.1371.31,406.9994.1
Interest expense on corporate funding26.820.179.650.1
Net operating revenues719.7488.32,273.21,467.7
Compensation and other expenses:

Item 1. Financial Statements (Unaudited)

FAQ

What is StoneX Group Inc.'s introducing broker commissions?
StoneX Group Inc. (SNEX) reported introducing broker commissions of $93.1M in Q2 2026.
How has StoneX Group Inc.'s introducing broker commissions changed year-over-year?
StoneX Group Inc.'s introducing broker commissions increased by 87.3% year-over-year, from $49.7M to $93.1M.
What is the long-term trend for StoneX Group Inc.'s introducing broker commissions?
Over 4 years (2021 to 2025), StoneX Group Inc.'s introducing broker commissions has grown at a 7.1% compound annual growth rate (CAGR), from $160.5M to $211.4M.
What does introducing broker commissions mean?
Payments made to third-party introducing brokers who refer clients or provide execution services to the firm. This represents a variable cost of customer acquisition and service delivery.

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