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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.
StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.2× Liberty Energy Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs 2.2%, a 9.4% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 4.5%). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs -6.2%).
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).
LBRT vs SNEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.2B |
| Net Profit | $22.6M | $139.0M |
| Gross Margin | — | — |
| Operating Margin | 2.2% | 15.4% |
| Net Margin | 2.2% | 11.6% |
| Revenue YoY | 4.5% | 81.0% |
| Net Profit YoY | 64.8% | 63.3% |
| EPS (diluted) | $0.14 | $2.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $947.4M | $32.7B | ||
| Q2 25 | $1.0B | $851.2M | ||
| Q1 25 | $977.5M | $820.4M | ||
| Q4 24 | $943.6M | $663.1M | ||
| Q3 24 | $1.1B | $31.1B | ||
| Q2 24 | $1.2B | $571.8M |
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $139.0M | ||
| Q3 25 | $43.1M | $85.7M | ||
| Q2 25 | $71.0M | $63.4M | ||
| Q1 25 | $20.1M | $71.7M | ||
| Q4 24 | $51.9M | $85.1M | ||
| Q3 24 | $73.8M | $76.7M | ||
| Q2 24 | $108.4M | $61.9M |
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | — | ||
| Q3 25 | 18.7% | 3.7% | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 22.1% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 26.2% | 3.0% | ||
| Q2 24 | 27.9% | — |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | 15.4% | ||
| Q3 25 | -0.3% | 0.3% | ||
| Q2 25 | 3.6% | -1.3% | ||
| Q1 25 | 1.9% | -1.0% | ||
| Q4 24 | 2.6% | -3.2% | ||
| Q3 24 | 9.4% | -0.0% | ||
| Q2 24 | 12.2% | -4.7% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | 11.6% | ||
| Q3 25 | 4.5% | 0.3% | ||
| Q2 25 | 6.8% | 7.4% | ||
| Q1 25 | 2.1% | 8.7% | ||
| Q4 24 | 5.5% | 12.8% | ||
| Q3 24 | 6.5% | 0.2% | ||
| Q2 24 | 9.3% | 10.8% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $2.50 | ||
| Q3 25 | $0.26 | $0.72 | ||
| Q2 25 | $0.43 | $1.22 | ||
| Q1 25 | $0.12 | $1.41 | ||
| Q4 24 | $0.31 | $1.69 | ||
| Q3 24 | $0.44 | $2.32 | ||
| Q2 24 | $0.64 | $1.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $699.1M | $1.6B |
| Total DebtLower is stronger | $7.1M | — |
| Stockholders' EquityBook value | $1.9B | $2.5B |
| Total Assets | $4.4B | $47.8B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | $1.6B | ||
| Q3 25 | $13.5M | $1.6B | ||
| Q2 25 | $19.6M | $1.3B | ||
| Q1 25 | $24.1M | $1.3B | ||
| Q4 24 | $20.0M | $1.4B | ||
| Q3 24 | $23.0M | $1.3B | ||
| Q2 24 | $30.0M | $1.2B |
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $190.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.1B | $2.4B | ||
| Q2 25 | $2.0B | $2.0B | ||
| Q1 25 | $2.0B | $1.9B | ||
| Q4 24 | $2.0B | $1.8B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $1.9B | $1.6B |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $47.8B | ||
| Q3 25 | $3.5B | $45.3B | ||
| Q2 25 | $3.4B | $34.3B | ||
| Q1 25 | $3.4B | $31.3B | ||
| Q4 24 | $3.3B | $29.6B | ||
| Q3 24 | $3.3B | $27.5B | ||
| Q2 24 | $3.2B | $25.9B |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.3B |
| Free Cash FlowOCF − Capex | — | $-1.3B |
| FCF MarginFCF / Revenue | — | -106.4% |
| Capex IntensityCapex / Revenue | 13.1% | 1.3% |
| Cash ConversionOCF / Net Profit | — | -9.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $195.4M | $-1.3B | ||
| Q3 25 | $51.5M | $3.5B | ||
| Q2 25 | $170.6M | $1.5B | ||
| Q1 25 | $192.1M | $-154.5M | ||
| Q4 24 | $177.3M | $-477.8M | ||
| Q3 24 | $244.5M | $192.6M | ||
| Q2 24 | $248.2M | $-622.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $-1.3B | ||
| Q3 25 | $-67.2M | $3.5B | ||
| Q2 25 | $33.1M | $1.5B | ||
| Q1 25 | $58.2M | $-169.8M | ||
| Q4 24 | $-26.2M | $-491.4M | ||
| Q3 24 | $77.9M | $175.9M | ||
| Q2 24 | $112.2M | $-640.5M |
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | -106.4% | ||
| Q3 25 | -7.1% | 10.7% | ||
| Q2 25 | 3.2% | 173.3% | ||
| Q1 25 | 6.0% | -20.7% | ||
| Q4 24 | -2.8% | -74.1% | ||
| Q3 24 | 6.8% | 0.6% | ||
| Q2 24 | 9.7% | -112.0% |
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | 1.3% | ||
| Q3 25 | 12.5% | 0.1% | ||
| Q2 25 | 13.2% | 1.9% | ||
| Q1 25 | 13.7% | 1.9% | ||
| Q4 24 | 21.6% | 2.1% | ||
| Q3 24 | 14.6% | 0.1% | ||
| Q2 24 | 11.7% | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | -9.08× | ||
| Q3 25 | 1.20× | 41.18× | ||
| Q2 25 | 2.40× | 23.52× | ||
| Q1 25 | 9.55× | -2.15× | ||
| Q4 24 | 3.42× | -5.61× | ||
| Q3 24 | 3.31× | 2.51× | ||
| Q2 24 | 2.29× | -10.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
