StoneX Group Inc. SNEX Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues by Business | ||||||
| Commercial | $44.73B+17.7% | $38.02B+19.3% | $31.87B-6.4% | $34.03B-6.0% | $36.18B+32.9% | |
| Institutional | $868.4M+0.3% | $866M+12.2% | $771.7M+23.3% | $626M+11.5% | $561.2M+4.0% | |
| Payments | $56M-1.8% | $57M+9.4% | $52.1M-2.3% | $53.3M+6.0% | $50.3M-13.4% | |
| Self-Directed/Retail | $106.5M+12.8% | $94.4M— | —— | —— | $92.2M-24.2% | |
| Total operating revenues by Business | ||||||
| Commercial | $537.6M+25.8% | $427.4M+42.8% | $299.2M+32.5% | $225.8M-9.6% | $249.8M+6.4% | |
| Institutional | $868.4M+0.3% | $866M+12.2% | $771.7M+23.3% | $626M+11.5% | $561.2M+4.0% | |
| Payments | $56M-1.8% | $57M+9.4% | $52.1M-2.3% | $53.3M+6.0% | $50.3M-13.4% | |
| Self-Directed/Retail | $106.5M+12.8% | $94.4M— | —— | —— | $92.2M-24.2% | |
| Net Segment Contribution by Business | ||||||
| Commercial | $315.1M+34.0% | $235.2M+41.8% | $165.9M+33.5% | $124.3M-11.8% | $140.9M-4.7% | |
| Institutional | $201.3M-7.2% | $216.9M+12.6% | $192.7M+41.3% | $136.4M+6.1% | $128.5M+9.1% | |
| Payments | $43.7M-3.7% | $45.4M+9.9% | $41.3M0.0% | $41.3M+6.4% | $38.8M-16.2% | |
| Self-Directed/Retail | $68.1M+21.2% | $56.2M— | —— | —— | $58.4M-34.7% | |
| Revenues, Net of Interest Expense by Business | ||||||
| Commercial | $410.2M+29.7% | $316.3M+45.2% | $217.9M+29.5% | $168.3M-13.4% | $194.3M+1.5% | |
| Institutional | $315.5M-2.7% | $324.2M+11.1% | $291.8M+45.8% | $200.1M+4.8% | $191M+9.8% | |
| Payments | $52.5M-2.8% | $54M+10.2% | $49M-2.4% | $50.2M+5.5% | $47.6M-14.1% | |
| Self-Directed/Retail | $72.4M+18.1% | $61.3M— | —— | —— | $63M-31.7% | |
| Non-interest revenues by Business | ||||||
| Commercial | $44.65B+17.7% | $37.94B— | —— | —— | $36.14B+33.0% | |
| Institutional | $372.6M+2.2% | $364.7M— | —— | —— | $223.8M+4.3% | |
| Payments | $55.7M-1.8% | $56.7M— | —— | —— | $49.8M-13.4% | |
| Self-Directed/Retail | $98.7M+13.6% | $86.9M— | —— | —— | $84.6M-25.3% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Commercial | $244.3M+36.4% | $179.1M— | —— | —— | $97.2M-6.6% | |
| Institutional | $120.9M-13.2% | $139.3M— | —— | —— | $86.5M+10.8% | |
| Payments | $31.8M-6.2% | $33.9M— | —— | —— | $24.5M-28.2% | |
| Self-Directed/Retail | $30.2M+65.0% | $18.3M— | —— | —— | $21.5M-60.9% | |
| Total Assets by Business | ||||||
| Commercial | $10.9B+6.2% | $10.26B+4.4% | $9.83B+81.8% | $5.4B-2.9% | $5.57B-2.2% | |
| Institutional | $38.79B+12.3% | $34.55B+6.4% | $32.47B+24.1% | $26.17B+13.0% | $23.17B+7.4% | |
| Payments | $606.1M+16.3% | $521.3M-27.8% | $722.5M+45.3% | $497.3M-1.2% | $503.3M+20.3% | |
| Self-Directed/Retail | $1.34B+3.2% | $1.3B+3.5% | $1.26B— | —— | —— | |
| Total Goodwill by Business | ||||||
| Commercial | $115M-2.9% | $118.4M+2.4% | $115.6M+203% | $38.1M0.0% | $38.1M0.0% | |
| Institutional | $162.6M-2.7% | $167.1M+0.1% | $167M+1,315% | $11.8M0.0% | $11.8M+20.4% | |
| Payments | $18.1M+81.0% | $10M0.0% | $10M0.0% | $10M0.0% | $10M0.0% | |
| Self-Directed/Retail | $6.1M0.0% | $6.1M+7.0% | $5.7M— | —— | —— | |
| Interest Income by Business | ||||||
| Commercial | $85.7M+7.3% | $79.9M— | —— | —— | $46.1M-13.5% | |
| Institutional | $495.8M-1.1% | $501.3M— | —— | —— | $337.4M+3.8% | |
| Payments | $300K0.0% | $300K— | —— | —— | $500K-16.7% | |
| Self-Directed/Retail | $7.8M+4.0% | $7.5M— | —— | —— | $7.6M-8.4% | |
| Other losses by Business | ||||||
| Commercial | $0— | $0— | —— | —— | $0— | |
| Institutional | -$2.5M— | $0— | —— | —— | —— | |
| Payments | -$200K+50.0% | -$400K— | —— | —— | $0— | |
| Self-Directed/Retail | $0— | $0— | —— | —— | —— | |
| Number of countries in which entity operates (more than) by Business | ||||||
| Payments | 18,000%0.0pp | 18,000%0.0pp | 18,000%0.0pp | 18,000%0.0pp | 18,000%0.0pp | |
| Total interest expense by Business | ||||||
| Commercial | $33.8M+9.4% | $30.9M— | —— | —— | $23.3M+61.8% | |
| Institutional | $433.6M+0.4% | $431.8M— | —— | —— | $295.9M+0.5% | |
| Payments | $0— | $0— | —— | —— | $0— | |
| Self-Directed/Retail | $2.2M+4.8% | $2.1M— | —— | —— | $1.8M-5.3% | |
| Non-Variable Expenses by Business | ||||||
| Commercial | $70.8M+26.2% | $56.1M— | —— | —— | $43.7M0.0% | |
| Institutional | $77.9M+0.4% | $77.6M— | —— | —— | $42M+2.4% | |
| Payments | $11.7M+5.4% | $11.1M— | —— | —— | $14.3M+17.2% | |
| Self-Directed/Retail | $37.9M0.0% | $37.9M— | —— | —— | $36.9M-5.1% | |
| Other fixed expenses by Business | ||||||
| Commercial | $5.8M-6.5% | $6.2M— | —— | —— | $4.9M-26.9% | |
| Institutional | $8.7M+40.3% | $6.2M— | —— | —— | $2.5M+127% | |
| Payments | $700K0.0% | $700K— | —— | —— | $1.2M+200% | |
| Self-Directed/Retail | $5.4M-40.7% | $9.1M— | —— | —— | $2.8M-12.5% | |
| Shared services by Business | ||||||
| Commercial | $11.8M+26.9% | $9.3M— | —— | —— | $7M+2.9% | |
| Institutional | $7M+4.5% | $6.7M— | —— | —— | $3.5M+2.9% | |
| Payments | $2.5M-13.8% | $2.9M— | —— | —— | $2.1M0.0% | |
| Self-Directed/Retail | $3.7M+15.6% | $3.2M— | —— | —— | $2.3M-25.8% | |
| Bad debts, net of recoveries by Business | ||||||
| Commercial | $10.4M+940% | $1M— | —— | —— | -$300K-125% | |
| Institutional | $1.5M+1,400% | $100K— | —— | —— | -$100K— | |
| Payments | $0— | $0— | —— | —— | -$100K-200% | |
| Self-Directed/Retail | $500K+400% | $100K— | —— | —— | $600K+20.0% | |
| Sales & Marketing by Business | ||||||
| Commercial | $1.8M+125% | $800K— | —— | —— | $1.2M-7.7% | |
| Institutional | $1.2M-7.7% | $1.3M— | —— | —— | $800K-20.0% | |
| Payments | $100K0.0% | $100K— | —— | —— | $200K+100% | |
| Self-Directed/Retail | $8.6M+3.6% | $8.3M— | —— | —— | $8.9M+2.3% | |
| Non-trading technology and support by Business | ||||||
| Commercial | $600K+20.0% | $500K— | —— | —— | $400K0.0% | |
| Institutional | $1.2M-20.0% | $1.5M— | —— | —— | $1M+11.1% | |
| Payments | $400K+33.3% | $300K— | —— | —— | $500K0.0% | |
| Self-Directed/Retail | $2.1M+31.3% | $1.6M— | —— | —— | $2.6M+23.8% | |
| Cost of sales of physical commodities by Business | ||||||
| Commercial | $44.19B+17.6% | $37.59B— | —— | —— | $35.93B+33.1% | |
| Institutional | $0— | $0— | —— | —— | $0— | |
| Payments | $0— | $0— | —— | —— | $0— | |
| Self-Directed/Retail | $0— | $0— | —— | —— | $0— | |
| Fixed compensation and benefits by Business | ||||||
| Commercial | $24.5M+8.9% | $22.5M— | —— | —— | $19.8M+15.8% | |
| Institutional | $36.7M+39.0% | $26.4M— | —— | —— | $21.8M+17.2% | |
| Payments | $5.3M+8.2% | $4.9M— | —— | —— | $7.4M+12.1% | |
| Self-Directed/Retail | $8.6M+17.8% | $7.3M— | —— | —— | $8.8M-5.4% | |
| D&A by Business | ||||||
| Commercial | $6.1M+10.9% | $5.5M— | —— | —— | $2.1M+16.7% | |
| Institutional | $5.5M+1.9% | $5.4M— | —— | —— | $1M0.0% | |
| Payments | $1.3M0.0% | $1.3M— | —— | —— | $1.2M+20.0% | |
| Self-Directed/Retail | $3.8M+26.7% | $3M— | —— | —— | $4.3M-18.9% | |
| Travel and business development by Business | ||||||
| Commercial | $2.7M-15.6% | $3.2M— | —— | —— | $2M-13.0% | |
| Institutional | $2.8M-15.2% | $3.3M— | —— | —— | $1.9M-20.8% | |
| Payments | $200K-33.3% | $300K— | —— | —— | $300K0.0% | |
| Self-Directed/Retail | $500K0.0% | $500K— | —— | —— | $500K-16.7% | |
| Trading systems and market information by Business | ||||||
| Commercial | $5.5M+17.0% | $4.7M— | —— | —— | $4.7M+17.5% | |
| Institutional | $10.3M-10.4% | $11.5M— | —— | —— | $7.7M-2.5% | |
| Payments | $200K0.0% | $200K— | —— | —— | $300K-25.0% | |
| Self-Directed/Retail | $3.2M+10.3% | $2.9M— | —— | —— | $3.3M-5.7% | |
| Transaction-based clearing expenses by Business | ||||||
| Commercial | $41.9M+38.3% | $30.3M— | —— | —— | $19.1M+8.5% | |
| Institutional | $102.3M+7.3% | $95.3M— | —— | —— | $67.1M+6.5% | |
| Payments | $2.2M+10.0% | $2M— | —— | —— | $1.7M-5.6% | |
| Self-Directed/Retail | $4.5M+25.0% | $3.6M— | —— | —— | $3.2M-5.9% | |
| Variable compensation and benefits by Business | ||||||
| Commercial | $95.1M+17.3% | $81.1M— | —— | —— | $53.4M+22.2% | |
| Institutional | $114.2M+6.4% | $107.3M— | —— | —— | $62.5M+11.2% | |
| Payments | $8.8M+2.3% | $8.6M— | —— | —— | $8.8M-3.3% | |
| Self-Directed/Retail | $4.3M-15.7% | $5.1M— | —— | —— | $4.6M+64.3% | |
| Professional fees by Business | ||||||
| Commercial | $1.6M-33.3% | $2.4M— | —— | —— | $1.9M-9.5% | |
| Institutional | $3M-80.3% | $15.2M— | —— | —— | $1.9M-59.6% | |
| Payments | $1M+150% | $400K— | —— | —— | $1.2M+71.4% | |
| Self-Directed/Retail | $1.5M-21.1% | $1.9M— | —— | —— | $2.8M+7.7% | |
| Introducing broker commissions by Business | ||||||
| Commercial | $51.7M+3.6% | $49.9M— | —— | —— | $13.1M+15.9% | |
| Institutional | $17M+15.6% | $14.7M— | —— | —— | $7.2M-11.1% | |
| Payments | $1.3M+30.0% | $1M— | —— | —— | $1M+11.1% | |
| Self-Directed/Retail | $27.4M0.0% | $27.4M— | —— | —— | $24.2M+0.8% | |
| Revenue by Product | ||||||
| Advisory and consulting fees | $10M-22.5% | $12.9M+48.3% | $8.7M+11.5% | $7.8M-15.2% | $9.2M+7.0% | |
| Asset management fees | $15.9M-1.9% | $16.2M-1.2% | $16.4M-4.1% | $17.1M+18.8% | $14.4M-2.7% | |
| Clearing fees | $97.8M+23.8% | $79M+20.1% | $65.8M+34.0% | $49.1M+2.3% | $48M+8.8% | |
| Client account fees | $18.2M-15.3% | $21.5M+28.0% | $16.8M+127% | $7.4M+13.8% | $6.5M+4.8% | |
| Equities and fixed income | $40M+16.6% | $34.3M-45.1% | $62.5M+279% | $16.5M+10.0% | $15M-0.7% | |
| Exchange-traded futures and options | $188.9M+9.7% | $172.2M+28.5% | $134M+84.1% | $72.8M+2.5% | $71M+12.3% | |
| Insurance and annuity products | $4.3M+7.5% | $4M+1,233% | $300K-92.3% | $3.9M-2.5% | $4M0.0% | |
| Mutual Fund Trailing Commissions | $3.6M0.0% | $3.6M— | —— | $3.3M-5.7% | $3.5M+2.9% | |
| Mutual funds | $1M+25.0% | $800K— | —— | $700K-12.5% | $800K0.0% | |
| OTC derivative brokerage | $1.6M-50.0% | $3.2M+14.3% | $2.8M-3.4% | $2.9M+16.0% | $2.5M-10.7% | |
| Other Consulting Managementand Account Fees | $6.7M+123% | $3M— | —— | $2.9M+11.5% | $2.6M-58.7% | |
| Other | $1.6M-23.8% | $2.1M— | —— | $11.2M-9.7% | $12.4M+22.8% | |
| Precious metals sales under ASC Topic 606 | $966.2M+17.9% | $819.4M— | —— | $639M+4.4% | $611.8M+31.3% | |
| Sweep program fees | $9.6M-9.4% | $10.6M-4.5% | $11.1M+3.7% | $10.7M-6.1% | $11.4M-1.7% | |
| Total sales-based commission | $236.4M+10.5% | $214M— | —— | $96M+3.2% | $93M+8.8% | |
| Total trailing commission | $7.9M+3.9% | $7.6M— | —— | $7.2M-4.0% | $7.5M+1.4% | |
| Trade conversion fees | $3.8M+65.2% | $2.3M-4.2% | $2.4M-4.0% | $2.5M-26.5% | $3.4M+54.5% | |
| Underwriting fees | $8.6M-27.7% | $11.9M+52.6% | $7.8M+2,500% | $300K+50.0% | $200K-33.3% | |
| Total revenues by Product | ||||||
| Total commission and clearing fees | $347.5M+13.9% | $305M+22.7% | $248.6M+49.8% | $166M+1.0% | $164.3M+10.0% | |
| Total consulting, management, and account fees | $69M-9.3% | $76.1M+12.6% | $67.6M+46.3% | $46.2M+4.3% | $44.3M-7.3% | |
| Sales of physical commodities by Product | ||||||
| Physical agricultural and energy products | $1.38B+16.3% | $1.19B-0.7% | $1.2B+8.9% | $1.1B-4.3% | $1.15B+8.0% | |
| Physical precious metals under ASC Topic 815 | $41.95B+17.6% | $35.68B+19.1% | $29.97B-6.7% | $32.1B-6.2% | $34.23B+34.1% | |
| Total revenues by Geography | ||||||
| Europe | $1.42B+21.7% | $1.16B+76.1% | $661.2M-26.5% | $900.2M+7.1% | $840.2M+7.4% | |
| Middle East and Asia | $41.4B+17.1% | $35.34B+18.9% | $29.73B-6.7% | $31.88B-6.3% | $34.02B+34.6% | |
| Other | $14.2M-83.2% | $84.3M+534% | $13.3M-8.9% | $14.6M+217% | $4.6M+21.1% | |
| South America | $183.4M-6.3% | $195.7M+28.3% | $152.5M+43.2% | $106.5M-24.8% | $141.7M-15.7% | |
| United States | $2.75B+22.5% | $2.24B+3.6% | $2.17B+12.2% | $1.93B+2.7% | $1.88B+10.9% | |
| Total operating revenues by Geography | ||||||
| Europe | $297.6M+23.9% | $240.1M+33.8% | $179.4M+2.3% | $175.4M+70.8% | $102.7M-45.8% | |
| Middle East and Asia | $114.2M+5.1% | $108.7M+78.8% | $60.8M+10.5% | $55M-7.7% | $59.6M+6.6% | |
| Other | $14.1M-69.7% | $46.6M+718% | $5.7M-61.0% | $14.6M+29.2% | $11.3M+197% | |
| South America | $53.5M+55.5% | $34.4M-25.7% | $46.3M+0.2% | $46.2M-14.1% | $53.8M+49.9% | |
| United States | $1.09B+7.8% | $1.01B+10.0% | $916.5M+25.0% | $733.1M+0.6% | $728.6M+10.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does StoneX Group Inc. break its business down?
- StoneX Group Inc. (SNEX) reports total revenues by business across 4 parts — Commercial, Institutional, Payments and Self-Directed/Retail. Each is extracted from the segment footnotes and tracked over time.
- Where does StoneX Group Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in StoneX Group Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
