StoneX 2025 Q4 Earnings Record Net Income Growth of 11.7%

StoneX (SNEX) reported fiscal 2025 Q4 earnings on Nov 28, 2025, with revenue rising 5.1% year-over-year to $32.72 billion. The company’s net income surged 11.7% to $85.70 million, marking a 20-year high for the quarter. Guidance for 2026 includes 5-7% revenue growth and adjusted EPS of $1.75-$1.85.

Revenue

StoneX’s total revenue increased by 5.1% to $32.72 billion in 2025 Q4, up from $31.14 billion in 2024 Q4.

Earnings/Net Income

StoneX’s EPS declined 31.8% to $1.64 in 2025 Q4 from $2.41 in 2024 Q4, reflecting pressure on profitability. However, net income strengthened significantly, reaching $85.70 million—a 11.7% increase from $76.70 million in the prior year. This marked a new 20-year high for fourth-quarter net income, underscoring improved cost management and operational efficiency. While the EPS decline signals short-term challenges, the net income growth highlights resilience in core operations.

Price Action

The stock price of StoneX edged down 0.97% during the latest trading day, climbed 7.43% during the most recent full trading week, and dropped 5.73% month-to-date.

Post-Earnings Price Action Review

The strategy of buying StoneX (SNEX) shares after its revenue drop quarter-over-quarter on the financial report release date and holding for 30 days resulted in a 12.66% return over the past three years. However, this underperformed the benchmark’s 62.41% return during the same period. The strategy exhibited a maximum drawdown of 0.00%, a Sharpe ratio of 0.19, and a volatility of 23.15%.

CEO Commentary

Gregoriy Bogdanov, Chief Executive Officer, emphasized sustained momentum in institutional clearing and expanded digital trading platforms as key growth drivers. He acknowledged macroeconomic volatility as a challenge but highlighted strong client retention and cross-selling opportunities. Strategic priorities include accelerating cloud infrastructure investments and expanding in emerging markets, with a focus on technology-led execution services. Bogdanov expressed cautious optimism, stating, “We remain disciplined in capital allocation while positioning for long-term resilience in a dynamic market environment.”

Guidance

StoneX guided to 2026 revenue growth of 5-7% year-over-year, with adjusted EPS targeting $1.75-$1.85, driven by operational efficiencies and margin expansion. CAPEX of $150-$170 million will support digital transformation and regulatory compliance, while maintaining a neutral risk appetite for market cycles. Qualitative expectations include sustained client acquisition in APAC and enhanced ESG integration across product offerings.

Additional News