EarningsQ3 2026 Earnings Report
MX:SNEX Q3 2026 EPS Results
Actual EPS$18.41
Consensus EPS$15.78
Beat/MissBeat by +$2.63
One Year Ago EPS$9.98
MX:SNEX Q3 2026 Revenue Results
Actual Revenue$740.10B
Expected Revenue$24.33B
Beat/MissBeat by +$715.77B
YoY Revenue Growth+15.38%
Earnings Announcement Details
QuarterQ3 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
MX:SNEX Upcoming Earnings
StoneX Group's next earnings date is estimated for November 30, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:SNEX Q3 2026 Earnings Call
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong set of year-over-year financial results driven by acquisitions (RJO, Benchmark), broad product-level growth, higher interest income and ramping Global Prime and Payments businesses. These positives were tempered by the sequential pullback in revenue and earnings due to moderation in market volatility, notable weakness in Self-Directed Retail and FX/CFD, and acquisition-related expense increases and one-time items. Integration synergies from RJO are tracking positively and management highlighted substantial runway for growth across the ecosystem.Company Guidance
Strong Year-over-Year Revenue and Earnings Growth
Total net operating revenues of $719.7M, up 47% year-over-year; net income of $127.9M, up 102% year-over-year; diluted EPS of $1.00, up 85% year-over-year; trailing 12-month net income of $526.9M, up 77% and trailing 12-month operating revenues nearly $5.7B, up 48%.
High Returns and Book Value Expansion
Return on equity for the quarter 18.4% (above 15% target) and trailing 12-month ROE 20.8%; return on tangible equity 25% for the quarter and 28.7% TTM; book value per share $23.70, up $5.76 or 32% versus prior year.
Acquisition Contributions and Integration Progress
R.J. O'Brien contributed $78.8M in net operating revenues (net of a $9.8M unrealized mark-to-market) and added ~$6.6B in average client equity for the quarter; The Benchmark Company contributed $29.5M (their best quarter to date). U.S. FCM consolidation and client migrations largely completed; holding nearly $13B in required client assets.
Product-Level Growth Across Major Lines
Double-digit year-on-year growth across most products: OTC derivatives up 73% to $101.9M; physical contracts up 162% to $87.4M; listed derivatives notable growth (management cited large increases driven by RJO). Securities revenues benefited from 33% higher average daily volumes and a 9% increase in rate per million.
Payments Business Scale and Momentum
Payments net operating revenue up 12% year-over-year with ADV up 20% to a record $96M; highest number of transactions processed this quarter, demonstrating platform scalability and new strategic partnerships (e.g., Shinhan Bank).
Global Prime Services Rapid Growth
Prime now serves 700+ accounts with over $16B in client balances and generated nearly $140M in net operating revenue on a trailing 12-month basis; Prime client assets grew from < $1B in 2019 to > $16B today, with >60% CAGR over the past 7 years and >65% CAGR since 2023.
Interest Income and Hedging Actions
Interest and fee income earned on client float increased $66.1M (64% YoY), with net interest income (post swaps and client interest) of $111.9M, up $38M; entered $750M in fixed-rate SOFR swaps this quarter bringing aggregate swaps to $2.55B (avg rate ~3.51%) to hedge interest exposure.
Cost Synergy Progress from RJO Integration
Annualized cost-synergy run-rate progressed from ~$32M exiting Q2 to ~$37–38M exiting Q3, with a target of mid-$40Ms by fiscal year-end and ~$50M run-rate by end of next fiscal first quarter.
MX:SNEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed