StoneX Reports Q1 Revenue of $39.03B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
0mins
Should l Buy SNEX?
Reports Q1 revenue $39.03B vs. $27.94B last year. The company said, "We are very pleased to announce our results for the first fiscal quarter of the year, a quarter which marked another record, in terms of both net operating revenues and net income for StoneX. This record quarter was driven by strong performances in both our Commercial and Institutional segments, in particular our Global Metals and Securities businesses, as well as our first full quarter with the acquired RJO and Benchmark businesses. Our sole strategic objective continues to be building out a unique ecosystem, offering extensive depth and breadth of products and geographical reach to our global client base. Our ecosystem has allowed us to benefit from increased client demand and activity when markets are active, as we have seen in our first fiscal quarter of 2026. We believe our unwavering commitment to delivering exceptional client coverage and service will hold us in good stead, both today and in the future."
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Analyst Views on SNEX
About SNEX
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through digital platforms, end-to-end clearing and execution services, high-touch service, and expertise. Its segments include Commercial, Institutional, Self-Directed/Retail, and Payments. The Commercial segment comprises the activities associated with the identification, management, hedging and monitoring of various commodity and financial risks faced by commercial entities in their business cycles. It provides institutional clients with a suite of equity trading services to help them find liquidity with execution, as well as prime brokerage in equities and various foreign currency pairs and swap transactions. It provides its retail clients around the world access to over 18,000 global financial markets. It provides customized payment, technology and treasury services to banks, charities, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Reduction in Shareholding: O'Connor has reduced his shareholding in StoneX by 40,000 shares since February 9, 2026, with a total value of around $5 million.
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- Significant Revenue Growth: The company reported revenue of $39.03 billion, marking a 39.7% year-over-year increase, reflecting successful strategies in diversified business and market demand, potentially attracting more investor interest.
- Record Net Income: The quarterly net income reached $139 million with a quarterly ROE of 22.5%, demonstrating excellent capital efficiency, which enhances the company's long-term investment appeal.
- Stock Split Announcement: StoneX announced a three-for-two stock split aimed at increasing stock liquidity and attracting more retail investors, thereby enhancing market participation and broadening the shareholder base.
See More
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- Hedge Against Market Volatility: StoneX is viewed as a hedge against market volatility, and as uncertainty increases, investors may favor its stable financial performance, potentially boosting its stock price.
- Transformational Acquisition Impact: The confirmation of the RJO acquisition is expected to have a transformational impact on StoneX's outlook for 2026, with a synergy target of $50 million that will further enhance its competitive position in the market.
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- Enhanced Innovation Capability: Since its launch in June 2022, StoneX Digital has focused on providing sophisticated trading tools for institutional clients, and this partnership will expedite its time to market, enhancing its competitive edge in the digital asset space.
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