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StoneX Group Inc. SNEX Commercial — Travel and business development

Other segment segments

Institutional
$3.3M+83.3%
Self-Directed/Retail
$400K0.0%
Payments
$200K-33.3%

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MVBFTravel And Entertainment Expense
$1.04M-2.1%
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CAMPR&D — Travel and entertainment
$255K+90.3%

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:TravelAndEntertainmentExpense.

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)CommercialInstitutionalSelf-Directed / RetailPaymentsCorporateEliminationsTotal
Professional fees3.0(10.0)0.70.611.65.9
Non-trading technology and support1.21.41.50.325.730.1
Selling and marketing1.91.09.70.23.816.6
Travel and business development3.03.30.40.24.010.9
Depreciation and amortization5.75.53.01.511.226.9
Bad debts, net of recoveries(1.3)0.3(1.0)
Shared services12.58.54.03.8(28.8)
Other fixed expenses8.710.13.31.026.249.3

Item 1. Financial Statements (Unaudited)

FAQ

What is StoneX Group Inc.'s commercial — travel and business development?
StoneX Group Inc. (SNEX) reported commercial — travel and business development of $3M in Q2 2026.
How has StoneX Group Inc.'s commercial — travel and business development changed year-over-year?
StoneX Group Inc.'s commercial — travel and business development increased by 25.0% year-over-year, from $2.4M to $3M.
What is the long-term trend for StoneX Group Inc.'s commercial — travel and business development?
Over 2 years (2023 to 2025), StoneX Group Inc.'s commercial — travel and business development has grown at a 13.8% compound annual growth rate (CAGR), from $7.1M to $9.2M.
What does commercial — travel and business development mean?
This includes expenses incurred by staff for client meetings, conferences, and travel necessary to maintain relationships and develop new business opportunities. It is a key component of the relationship-based sales model typical in commercial financial services.

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