NASDAQ$SNEX

StoneX Group Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

StoneX reported fiscal Q2 2025 operating revenues of $956.0M with net income of $71.7M and diluted EPS of $1.41.

For the three months ended March 31, 2025, StoneX generated $956.0 million of operating revenues (up 17% year over year) and $71.7 million net income ($1.41 diluted EPS). Institutional and commercial segments led growth; the company announced agreements to acquire R.J. O'Brien and Benchmark Company.

  • Operating revenues $956.0M (+17% YoY); net income $71.7M.
  • Diluted EPS $1.41 vs. $1.09 prior year.
  • Institutional segment income up on client balances and volumes.
  • Pending RJO and Benchmark deals expand FCM and investment banking.

Headline financials

Total Revenue

$36.9B

Previous: $22.1B+66.9%
EPS (adj)

$1.41

Previous: $1.71-17.5%
Return on Equity

15.7%

No prior period
Listed derivatives contracts

61.2M

No prior period
Listed derivatives avg. RPC

$2.02

No prior period
Avg. client equity - listed deriv.

$6.64B

No prior period
OTC derivatives contracts

897.0K

No prior period
OTC derivatives avg. RPC

$68.35

No prior period
Securities ADV

$8.92B

No prior period
Securities RPM

$279.00

No prior period
Avg. MM/FDIC sweep balances

$1.28B

No prior period
FX/CFD contracts ADV

$11.5B

No prior period
FX/CFD contracts RPM

$97.00

No prior period
Payments ADV

$77M

No prior period
Payments RPM

$10.5K

No prior period
Capital Expenditures

-$28.9M

Previous: -$30.1M+4.0%
Net Income

$71.7M

Previous: $53.1M+35.0%
Operating Income

$97.1M

Previous: -$12.8M+858.6%
Gross Profit

$956M

Previous: $818M+16.8%

Revenue & EPS history

StoneX · Revenue · Quarterly

$36.9B

Q2 2025+66.9%vs Q2 2024
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Revenue by segment

StoneX · $624M total across 3 segments · Q3 2023

  • Institutional
    $381M+82.3%
  • Commercial
    $253M+48.5%
  • Eliminations
    -$10.2M

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.1%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+3.2%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+13.5%

Q2 2026

Best reaction

-15.8%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+13.5%+9.7%+8.5%
Q1 2026+3.8%+10.5%-4.5%
Q4 2025+6.1%+7.9%+16.7%
Q2 2025-6.7%-5.3%-9.5%
Q1 2025+8.0%+7.8%+3.2%
Q4 2024+5.7%+5.4%-3.2%
Q3 2024+3.2%+4.0%+8.7%
Q2 2024+3.0%-1.8%-4.4%
Q1 2024-1.9%+1.2%+4.5%
Q4 2023-7.7%-10.6%+0.0%
Q3 2023+5.5%+7.0%+1.2%
Q2 2023-13.8%-12.9%-12.2%
Q1 2023+12.9%+17.6%+15.1%
Q4 2022+5.9%+4.5%+2.7%
Q3 2022+2.8%+2.9%+2.2%
Q2 2022+8.7%+5.5%+13.0%
Q1 2022+11.4%+10.8%+6.3%
Q4 2021-15.8%-7.2%-7.3%
Q3 2021-1.1%-1.8%+2.4%
Q2 2021+10.6%+10.8%+6.4%
Q1 2021-2.1%-6.5%+3.1%
Q4 2020-14.6%-21.3%-4.2%
Q3 2020+3.1%+4.6%-1.3%
Q2 2020+13.4%+4.0%+50.7%
Q1 2020+1.7%-0.9%-17.4%
Q4 2019+4.2%+19.2%+20.7%
Q3 2019+1.3%+2.4%+9.8%
Q2 2019-6.0%-6.7%-12.9%
Q1 2019-3.5%-0.4%+1.8%
Q4 2018+0.8%-3.7%-5.7%
Q3 2018+0.0%-0.9%+1.4%
Q2 2018+2.0%+1.8%+11.9%
Q1 2018-1.9%-1.1%+12.5%
Q4 2017-5.1%-2.7%+0.4%
Q3 2017-2.1%-5.7%-12.1%
Q2 2017-7.0%-4.6%-0.9%
Q1 2017-1.0%+1.8%+2.1%
Q4 2016-6.8%-5.5%-13.1%
Q3 2016+9.3%+10.2%+28.5%
Q2 2016-1.8%
Q1 2016-3.3%
Q4 2015-4.1%
Q3 2015-5.1%
Q2 2015+5.4%
Q1 2015+3.2%
Q4 2014+1.3%
Q3 2014-3.3%
Q2 2014+1.0%
Q1 2014+3.0%
Q4 2013+0.9%
Q3 2013-1.7%
Q2 2013-7.7%
Q1 2013-1.1%
Q4 2012-2.7%
Q3 2012-2.8%
Q2 2012-6.8%
Q1 2012-0.6%
Q1 2011-15.8%
Q4 2011+1.8%
Q2 2011+1.8%
Q4 2009+1.8%
Q3 2010+1.6%
Q3 2011+1.6%
Q4 2010+1.6%
Q2 2010-2.3%

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