Filing Flows › StoneX Group (SNEX) › Q3 FY26
StoneX Group (SNEX) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 5, 2026
StoneX Group (SNEX) reported revenue of $40.2B for the third quarter fiscal 2026 (Q3 FY26), +15% from a year earlier and -12% from the quarter before. Operating margin was 0.4%, net earnings $128M (0.3% of revenue).
StoneX Group, Q3 FY26: revenue $40.2B (+15% year over year), operating margin 0.4%, net earnings $128M, operating cash flow −$1.2B. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $40.2B | -12% | +15% |
| Gross profit | $1.5B | -6% | +43% |
| Operating profit | $160M | -30% | — |
| Net earnings | $128M | -27% | +102% |
| Operating cash flow | −$1.2B | -143% | -181% |
What changed
Revenue was $40.2B in Q3 FY26, up 15% year over year and down 12% from the previous quarter. Sales of physical commodities was the largest line at 96% of revenue. Sales of physical commodities added $4.9B year over year (up 15%), 92% of the total change. Precious metals sales under ASC Topic 606 declined 35%.
Gross margin was 3.7%, up 0.7 points from Q3 FY25. Operating profit was $0.16B, a 0.4% margin (up 0.4 points year over year). Operating expenses grew 26% against revenue growth of 15%. The fastest-growing cost line was Sales & marketing (+28%). Net earnings were $0.13B, up 102% year over year. The effective tax rate was 20.0%.
Operating cash flow was −$1.2B. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $1.4B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$1.2B.
Questions
What was StoneX Group's revenue in the third quarter fiscal 2026?
StoneX Group (SNEX) reported revenue of $40.2B for the third quarter fiscal 2026 (Q3 FY26), +15% from a year earlier and -12% from the quarter before.
Was StoneX Group profitable in the third quarter fiscal 2026?
Operating profit was $160M (0.4% of revenue) and net earnings $128M.
Source: StoneX Group 10-Q on SEC EDGAR.