StoneX Group Inc. SNEX Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues by Business | ||||||
| Commercial | $44.73B+23.6% | $38.02B+39.6% | $31.87B+4.6% | $34.03B+28.8% | $36.18B+68.5% | |
| Institutional | $868.4M+54.7% | $866M+60.5% | $771.7M+39.3% | $626M+23.0% | $561.2M+21.1% | |
| Payments | $56M+11.3% | $57M-1.9% | $52.1M+7.2% | $53.3M+4.3% | $50.3M+2.0% | |
| Self-Directed/Retail | $106.5M+15.5% | $94.4M-22.4% | —— | —— | $92.2M— | |
| Total operating revenues by Business | ||||||
| Commercial | $537.6M+115% | $427.4M+82.0% | $299.2M+38.4% | $225.8M-13.9% | $249.8M+24.6% | |
| Institutional | $868.4M+54.7% | $866M+60.5% | $771.7M+39.3% | $626M+23.0% | $561.2M+21.1% | |
| Payments | $56M+11.3% | $57M-1.9% | $52.1M+7.2% | $53.3M+4.3% | $50.3M+2.0% | |
| Self-Directed/Retail | $106.5M+15.5% | $94.4M-22.4% | —— | —— | $92.2M— | |
| Net Segment Contribution by Business | ||||||
| Commercial | $315.1M+124% | $235.2M+59.1% | $165.9M+25.7% | $124.3M-26.3% | $140.9M+18.1% | |
| Institutional | $201.3M+56.7% | $216.9M+84.1% | $192.7M+56.9% | $136.4M+30.2% | $128.5M+25.4% | |
| Payments | $43.7M+12.6% | $45.4M-1.9% | $41.3M+10.1% | $41.3M+3.0% | $38.8M+4.0% | |
| Self-Directed/Retail | $68.1M+16.6% | $56.2M-37.2% | —— | —— | $58.4M— | |
| Revenues, Net of Interest Expense by Business | ||||||
| Commercial | $410.2M+111% | $316.3M+65.2% | $217.9M+26.1% | $168.3M-23.7% | $194.3M+18.3% | |
| Institutional | $315.5M+65.2% | $324.2M+86.3% | $291.8M+67.4% | $200.1M+26.9% | $191M+27.5% | |
| Payments | $52.5M+10.3% | $54M-2.5% | $49M+7.0% | $50.2M+3.1% | $47.6M+1.7% | |
| Self-Directed/Retail | $72.4M+14.9% | $61.3M-33.6% | —— | —— | $63M— | |
| Non-interest revenues by Business | ||||||
| Commercial | $44.65B+23.5% | $37.94B+39.6% | —— | —— | $36.14B+48.8% | |
| Institutional | $372.6M+66.5% | $364.7M+69.9% | —— | —— | $223.8M+14.5% | |
| Payments | $55.7M+11.8% | $56.7M-1.4% | —— | —— | $49.8M-3.9% | |
| Self-Directed/Retail | $98.7M+16.7% | $86.9M-23.3% | —— | —— | $84.6M-3.8% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Commercial | $244.3M+151% | $179.1M+72.0% | —— | —— | $97.2M-0.6% | |
| Institutional | $120.9M+39.8% | $139.3M+78.4% | —— | —— | $86.5M+30.1% | |
| Payments | $31.8M+29.8% | $33.9M-0.6% | —— | —— | $24.5M-13.0% | |
| Self-Directed/Retail | $30.2M+40.5% | $18.3M-66.7% | —— | —— | $21.5M-25.7% | |
| Total Assets by Business | ||||||
| Commercial | $10.9B+95.7% | $10.26B+80.2% | $9.83B+82.5% | $5.4B+13.9% | $5.57B+8.0% | |
| Institutional | $38.79B+67.4% | $34.55B+60.1% | $32.47B+66.6% | $26.17B+40.4% | $23.17B+31.0% | |
| Payments | $606.1M+20.4% | $521.3M+24.6% | $722.5M+64.7% | $497.3M-11.6% | $503.3M+16.2% | |
| Self-Directed/Retail | $1.34B— | $1.3B+39.7% | $1.26B+22.3% | —— | —— | |
| Total Goodwill by Business | ||||||
| Commercial | $115M+202% | $118.4M+211% | $115.6M+226% | $38.1M+14.4% | $38.1M+13.7% | |
| Institutional | $162.6M+1,278% | $167.1M+1,605% | $167M+1,604% | $11.8M+20.4% | $11.8M+20.4% | |
| Payments | $18.1M+81.0% | $10M0.0% | $10M0.0% | $10M0.0% | $10M0.0% | |
| Self-Directed/Retail | $6.1M— | $6.1M-22.8% | $5.7M0.0% | —— | —— | |
| Interest Income by Business | ||||||
| Commercial | $85.7M+85.9% | $79.9M+49.9% | —— | —— | $46.1M+1.3% | |
| Institutional | $495.8M+46.9% | $501.3M+54.2% | —— | —— | $337.4M+14.4% | |
| Payments | $300K-40.0% | $300K-50.0% | —— | —— | $500K-13.0% | |
| Self-Directed/Retail | $7.8M+2.6% | $7.5M-9.6% | —— | —— | $7.6M-19.6% | |
| Other losses by Business | ||||||
| Commercial | $0— | $0— | —— | —— | $0-100% | |
| Institutional | -$2.5M— | $0-100% | —— | —— | —— | |
| Payments | -$200K— | -$400K— | —— | —— | $0— | |
| Self-Directed/Retail | $0— | $0-100% | —— | —— | —— | |
| 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+45.1% | $30.9M+115% | —— | —— | $23.3M+123% | |
| Institutional | $433.6M+46.5% | $431.8M+46.6% | —— | —— | $295.9M+10.4% | |
| Payments | $0— | $0— | —— | —— | $0-100% | |
| Self-Directed/Retail | $2.2M+22.2% | $2.1M+10.5% | —— | —— | $1.8M+1.4% | |
| Non-Variable Expenses by Business | ||||||
| Commercial | $70.8M+62.0% | $56.1M+28.4% | —— | —— | $43.7M+7.8% | |
| Institutional | $77.9M+85.5% | $77.6M+89.3% | —— | —— | $42M+2.3% | |
| Payments | $11.7M-18.2% | $11.1M-9.0% | —— | —— | $14.3M+14.6% | |
| Self-Directed/Retail | $37.9M+2.7% | $37.9M-2.6% | —— | —— | $36.9M-0.6% | |
| Other fixed expenses by Business | ||||||
| Commercial | $5.8M+18.4% | $6.2M-7.5% | —— | —— | $4.9M+2.1% | |
| Institutional | $8.7M+248% | $6.2M+464% | —— | —— | $2.5M+51.5% | |
| Payments | $700K-41.7% | $700K+75.0% | —— | —— | $1.2M+50.0% | |
| Self-Directed/Retail | $5.4M+92.9% | $9.1M+184% | —— | —— | $2.8M+0.9% | |
| Shared services by Business | ||||||
| Commercial | $11.8M+68.6% | $9.3M+36.8% | —— | —— | $7M-2.4% | |
| Institutional | $7M+100% | $6.7M+97.1% | —— | —— | $3.5M+2.9% | |
| Payments | $2.5M+19.0% | $2.9M+38.1% | —— | —— | $2.1M+7.7% | |
| Self-Directed/Retail | $3.7M+60.9% | $3.2M+3.2% | —— | —— | $2.3M+16.5% | |
| Bad debts, net of recoveries by Business | ||||||
| Commercial | $10.4M+3,567% | $1M-16.7% | —— | —— | -$300K-700% | |
| Institutional | $1.5M+1,600% | $100K— | —— | —— | -$100K+69.2% | |
| Payments | $0+100% | $0-100% | —— | —— | -$100K-133% | |
| Self-Directed/Retail | $500K-16.7% | $100K-80.0% | —— | —— | $600K+380% | |
| Sales & Marketing by Business | ||||||
| Commercial | $1.8M+50.0% | $800K-38.5% | —— | —— | $1.2M-12.7% | |
| Institutional | $1.2M+50.0% | $1.3M+30.0% | —— | —— | $800K-8.6% | |
| Payments | $100K-50.0% | $100K0.0% | —— | —— | $200K+60.0% | |
| Self-Directed/Retail | $8.6M-3.4% | $8.3M-4.6% | —— | —— | $8.9M+1.1% | |
| Non-trading technology and support by Business | ||||||
| Commercial | $600K+50.0% | $500K+25.0% | —— | —— | $400K-11.1% | |
| Institutional | $1.2M+20.0% | $1.5M+66.7% | —— | —— | $1M+21.2% | |
| Payments | $400K-20.0% | $300K-40.0% | —— | —— | $500K+11.1% | |
| Self-Directed/Retail | $2.1M-19.2% | $1.6M-23.8% | —— | —— | $2.6M+6.1% | |
| Cost of sales of physical commodities by Business | ||||||
| Commercial | $44.19B+23.0% | $37.59B+39.3% | —— | —— | $35.93B+49.0% | |
| Institutional | $0— | $0— | —— | —— | $0— | |
| Payments | $0— | $0— | —— | —— | $0— | |
| Self-Directed/Retail | $0— | $0— | —— | —— | $0— | |
| Fixed compensation and benefits by Business | ||||||
| Commercial | $24.5M+23.7% | $22.5M+31.6% | —— | —— | $19.8M+14.9% | |
| Institutional | $36.7M+68.3% | $26.4M+41.9% | —— | —— | $21.8M+13.1% | |
| Payments | $5.3M-28.4% | $4.9M-25.8% | —— | —— | $7.4M+3.5% | |
| Self-Directed/Retail | $8.6M-2.3% | $7.3M-21.5% | —— | —— | $8.8M-20.4% | |
| D&A by Business | ||||||
| Commercial | $6.1M+190% | $5.5M+206% | —— | —— | $2.1M+35.5% | |
| Institutional | $5.5M+450% | $5.4M+440% | —— | —— | $1M+2.6% | |
| Payments | $1.3M+8.3% | $1.3M+30.0% | —— | —— | $1.2M+45.5% | |
| Self-Directed/Retail | $3.8M-11.6% | $3M-43.4% | —— | —— | $4.3M+11.0% | |
| Travel and business development by Business | ||||||
| Commercial | $2.7M+35.0% | $3.2M+39.1% | —— | —— | $2M-3.6% | |
| Institutional | $2.8M+47.4% | $3.3M+37.5% | —— | —— | $1.9M+1.3% | |
| Payments | $200K-33.3% | $300K0.0% | —— | —— | $300K+9.1% | |
| Self-Directed/Retail | $500K0.0% | $500K-16.7% | —— | —— | $500K-20.0% | |
| Trading systems and market information by Business | ||||||
| Commercial | $5.5M+17.0% | $4.7M+17.5% | —— | —— | $4.7M+19.7% | |
| Institutional | $10.3M+33.8% | $11.5M+45.6% | —— | —— | $7.7M+2.7% | |
| Payments | $200K-33.3% | $200K-50.0% | —— | —— | $300K-14.3% | |
| Self-Directed/Retail | $3.2M-3.0% | $2.9M-17.1% | —— | —— | $3.3M+3.9% | |
| Transaction-based clearing expenses by Business | ||||||
| Commercial | $41.9M+119% | $30.3M+72.2% | —— | —— | $19.1M+8.7% | |
| Institutional | $102.3M+52.5% | $95.3M+51.3% | —— | —— | $67.1M+17.7% | |
| Payments | $2.2M+29.4% | $2M+11.1% | —— | —— | $1.7M-2.9% | |
| Self-Directed/Retail | $4.5M+40.6% | $3.6M+5.9% | —— | —— | $3.2M-5.9% | |
| Variable compensation and benefits by Business | ||||||
| Commercial | $95.1M+78.1% | $81.1M+85.6% | —— | —— | $53.4M+22.4% | |
| Institutional | $114.2M+82.7% | $107.3M+90.9% | —— | —— | $62.5M+24.9% | |
| Payments | $8.8M0.0% | $8.6M-5.5% | —— | —— | $8.8M-4.9% | |
| Self-Directed/Retail | $4.3M-6.5% | $5.1M+82.1% | —— | —— | $4.6M-1.6% | |
| Professional fees by Business | ||||||
| Commercial | $1.6M-15.8% | $2.4M+14.3% | —— | —— | $1.9M0.0% | |
| Institutional | $3M+57.9% | $15.2M+223% | —— | —— | $1.9M-62.2% | |
| Payments | $1M-16.7% | $400K-42.9% | —— | —— | $1.2M+380% | |
| Self-Directed/Retail | $1.5M-46.4% | $1.9M-26.9% | —— | —— | $2.8M+23.1% | |
| Introducing broker commissions by Business | ||||||
| Commercial | $51.7M+295% | $49.9M+342% | —— | —— | $13.1M+18.3% | |
| Institutional | $17M+136% | $14.7M+81.5% | —— | —— | $7.2M-7.7% | |
| Payments | $1.3M+30.0% | $1M+11.1% | —— | —— | $1M+37.9% | |
| Self-Directed/Retail | $27.4M+13.2% | $27.4M+14.2% | —— | —— | $24.2M+10.3% | |
| Revenue by Product | ||||||
| Advisory and consulting fees | $10M+8.7% | $12.9M+50.0% | $8.7M+1.2% | $7.8M-37.1% | $9.2M+2.2% | |
| Asset management fees | $15.9M+10.4% | $16.2M+9.5% | $16.4M+18.0% | $17.1M+28.6% | $14.4M+17.1% | |
| Clearing fees | $97.8M+104% | $79M+79.1% | $65.8M+48.5% | $49.1M+4.0% | $48M+5.7% | |
| Client account fees | $18.2M+180% | $21.5M+247% | $16.8M+151% | $7.4M+60.9% | $6.5M+51.2% | |
| Equities and fixed income | $40M+167% | $34.3M+127% | $62.5M+265% | $16.5M-7.3% | $15M+3.4% | |
| Exchange-traded futures and options | $188.9M+166% | $172.2M+172% | $134M+125% | $72.8M+22.6% | $71M+27.2% | |
| Insurance and annuity products | $4.3M+7.5% | $4M0.0% | $300K— | $3.9M0.0% | $4M+8.1% | |
| Mutual Fund Trailing Commissions | $3.6M+2.9% | $3.6M+5.9% | —— | $3.3M+3.1% | $3.5M+9.4% | |
| Mutual funds | $1M+25.0% | $800K0.0% | —— | $700K-12.5% | $800K-11.1% | |
| OTC derivative brokerage | $1.6M-36.0% | $3.2M+14.3% | $2.8M+3.7% | $2.9M+3.6% | $2.5M-16.7% | |
| Other Consulting Managementand Account Fees | $6.7M+158% | $3M-52.4% | —— | $2.9M-31.0% | $2.6M-18.8% | |
| Other | $1.6M-87.1% | $2.1M-79.2% | —— | $11.2M+409% | $12.4M+439% | |
| Precious metals sales under ASC Topic 606 | $966.2M+57.9% | $819.4M+75.8% | —— | $639M+66.6% | $611.8M+83.8% | |
| Sweep program fees | $9.6M-15.8% | $10.6M-8.6% | $11.1M+0.9% | $10.7M0.0% | $11.4M+0.9% | |
| Total sales-based commission | $236.4M+154% | $214M+150% | —— | $96M+15.4% | $93M+19.1% | |
| Total trailing commission | $7.9M+5.3% | $7.6M+2.7% | —— | $7.2M+1.4% | $7.5M+8.7% | |
| Trade conversion fees | $3.8M+11.8% | $2.3M+4.5% | $2.4M+4.3% | $2.5M-24.2% | $3.4M-2.9% | |
| Underwriting fees | $8.6M+4,200% | $11.9M+3,867% | $7.8M+3,800% | $300K+200% | $200K+100% | |
| Total revenues by Product | ||||||
| Total commission and clearing fees | $347.5M+112% | $305M+104% | $248.6M+78.7% | $166M+16.1% | $164.3M+20.6% | |
| Total consulting, management, and account fees | $69M+55.8% | $76.1M+59.2% | $67.6M+56.5% | $46.2M+2.0% | $44.3M+10.2% | |
| Sales of physical commodities by Product | ||||||
| Physical agricultural and energy products | $1.38B+20.4% | $1.19B+11.7% | $1.2B+27.2% | $1.1B+40.4% | $1.15B+24.5% | |
| Physical precious metals under ASC Topic 815 | $41.95B+22.5% | $35.68B+39.8% | $29.97B+3.4% | $32.1B+28.3% | $34.23B+70.6% | |
| Total revenues by Geography | ||||||
| Europe | $1.42B+68.6% | $1.16B+48.8% | $661.2M+26.8% | $900.2M+45.5% | $840.2M+50.0% | |
| Middle East and Asia | $41.4B+21.7% | $35.34B+39.8% | $29.73B+2.9% | $31.88B+27.9% | $34.02B+69.9% | |
| Other | $14.2M+209% | $84.3M+2,118% | $13.3M+52.9% | $14.6M+73.8% | $4.6M-43.2% | |
| South America | $183.4M+29.4% | $195.7M+16.5% | $152.5M+47.3% | $106.5M-10.1% | $141.7M+35.0% | |
| United States | $2.75B+46.2% | $2.24B+32.3% | $2.17B+34.1% | $1.93B+37.9% | $1.88B+33.6% | |
| Total operating revenues by Geography | ||||||
| Europe | $297.6M+190% | $240.1M+26.6% | $179.4M+32.3% | $175.4M+7.9% | $102.7M-36.3% | |
| Middle East and Asia | $114.2M+91.6% | $108.7M+94.5% | $60.8M+15.2% | $55M+32.9% | $59.6M+76.9% | |
| Other | $14.1M+24.8% | $46.6M+1,126% | $5.7M-34.5% | $14.6M+73.8% | $11.3M+37.8% | |
| South America | $53.5M-0.6% | $34.4M-4.2% | $46.3M+45.1% | $46.2M+6.2% | $53.8M+113% | |
| United States | $1.09B+49.2% | $1.01B+53.0% | $916.5M+32.6% | $733.1M+11.4% | $728.6M+23.5% |
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.
