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Side-by-side financial comparison of Opendoor Technologies Inc. (OPEN) 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 $736.0M, roughly 1.6× Opendoor Technologies Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs -148.9%, a 160.5% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs -32.1%). Opendoor Technologies Inc. produced more free cash flow last quarter ($67.0M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs -21.1%).

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

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).

OPEN vs SNEX — Head-to-Head

Bigger by revenue
SNEX
SNEX
1.6× larger
SNEX
$1.2B
$736.0M
OPEN
Growing faster (revenue YoY)
SNEX
SNEX
+113.1% gap
SNEX
81.0%
-32.1%
OPEN
Higher net margin
SNEX
SNEX
160.5% more per $
SNEX
11.6%
-148.9%
OPEN
More free cash flow
OPEN
OPEN
$1.3B more FCF
OPEN
$67.0M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
-21.1%
OPEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OPEN
OPEN
SNEX
SNEX
Revenue
$736.0M
$1.2B
Net Profit
$-1.1B
$139.0M
Gross Margin
7.7%
Operating Margin
-20.4%
15.4%
Net Margin
-148.9%
11.6%
Revenue YoY
-32.1%
81.0%
Net Profit YoY
-869.9%
63.3%
EPS (diluted)
$-1.42
$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.

Revenue
OPEN
OPEN
SNEX
SNEX
Q4 25
$736.0M
$1.2B
Q3 25
$915.0M
$32.7B
Q2 25
$1.6B
$851.2M
Q1 25
$1.2B
$820.4M
Q4 24
$1.1B
$663.1M
Q3 24
$1.4B
$31.1B
Q2 24
$1.5B
$571.8M
Q1 24
$1.2B
$509.2M
Net Profit
OPEN
OPEN
SNEX
SNEX
Q4 25
$-1.1B
$139.0M
Q3 25
$-90.0M
$85.7M
Q2 25
$-29.0M
$63.4M
Q1 25
$-85.0M
$71.7M
Q4 24
$-113.0M
$85.1M
Q3 24
$-78.0M
$76.7M
Q2 24
$-92.0M
$61.9M
Q1 24
$-109.0M
$53.1M
Gross Margin
OPEN
OPEN
SNEX
SNEX
Q4 25
7.7%
Q3 25
7.2%
3.7%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
3.0%
Q2 24
8.5%
Q1 24
9.7%
Operating Margin
OPEN
OPEN
SNEX
SNEX
Q4 25
-20.4%
15.4%
Q3 25
-7.4%
0.3%
Q2 25
-0.8%
-1.3%
Q1 25
-4.9%
-1.0%
Q4 24
-8.7%
-3.2%
Q3 24
-4.9%
-0.0%
Q2 24
-4.8%
-4.7%
Q1 24
-7.4%
-2.5%
Net Margin
OPEN
OPEN
SNEX
SNEX
Q4 25
-148.9%
11.6%
Q3 25
-9.8%
0.3%
Q2 25
-1.9%
7.4%
Q1 25
-7.4%
8.7%
Q4 24
-10.4%
12.8%
Q3 24
-5.7%
0.2%
Q2 24
-6.1%
10.8%
Q1 24
-9.2%
10.4%
EPS (diluted)
OPEN
OPEN
SNEX
SNEX
Q4 25
$-1.42
$2.50
Q3 25
$-0.12
$0.72
Q2 25
$-0.04
$1.22
Q1 25
$-0.12
$1.41
Q4 24
$-0.16
$1.69
Q3 24
$-0.11
$2.32
Q2 24
$-0.13
$1.25
Q1 24
$-0.16
$1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPEN
OPEN
SNEX
SNEX
Cash + ST InvestmentsLiquidity on hand
$962.0M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$2.5B
Total Assets
$2.4B
$47.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPEN
OPEN
SNEX
SNEX
Q4 25
$962.0M
$1.6B
Q3 25
$962.0M
$1.6B
Q2 25
$789.0M
$1.3B
Q1 25
$559.0M
$1.3B
Q4 24
$679.0M
$1.4B
Q3 24
$837.0M
$1.3B
Q2 24
$809.0M
$1.2B
Q1 24
$990.0M
$1.3B
Stockholders' Equity
OPEN
OPEN
SNEX
SNEX
Q4 25
$1.0B
$2.5B
Q3 25
$811.0M
$2.4B
Q2 25
$631.0M
$2.0B
Q1 25
$645.0M
$1.9B
Q4 24
$713.0M
$1.8B
Q3 24
$801.0M
$1.7B
Q2 24
$845.0M
$1.6B
Q1 24
$899.0M
$1.5B
Total Assets
OPEN
OPEN
SNEX
SNEX
Q4 25
$2.4B
$47.8B
Q3 25
$2.7B
$45.3B
Q2 25
$2.9B
$34.3B
Q1 25
$3.3B
$31.3B
Q4 24
$3.1B
$29.6B
Q3 24
$3.4B
$27.5B
Q2 24
$3.4B
$25.9B
Q1 24
$3.4B
$25.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPEN
OPEN
SNEX
SNEX
Operating Cash FlowLast quarter
$70.0M
$-1.3B
Free Cash FlowOCF − Capex
$67.0M
$-1.3B
FCF MarginFCF / Revenue
9.1%
-106.4%
Capex IntensityCapex / Revenue
0.4%
1.3%
Cash ConversionOCF / Net Profit
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPEN
OPEN
SNEX
SNEX
Q4 25
$70.0M
$-1.3B
Q3 25
$435.0M
$3.5B
Q2 25
$823.0M
$1.5B
Q1 25
$-279.0M
$-154.5M
Q4 24
$-80.0M
$-477.8M
Q3 24
$62.0M
$192.6M
Q2 24
$-399.0M
$-622.1M
Q1 24
$-178.0M
$784.0M
Free Cash Flow
OPEN
OPEN
SNEX
SNEX
Q4 25
$67.0M
$-1.3B
Q3 25
$432.0M
$3.5B
Q2 25
$821.0M
$1.5B
Q1 25
$-283.0M
$-169.8M
Q4 24
$-83.0M
$-491.4M
Q3 24
$56.0M
$175.9M
Q2 24
$-407.0M
$-640.5M
Q1 24
$-186.0M
$766.6M
FCF Margin
OPEN
OPEN
SNEX
SNEX
Q4 25
9.1%
-106.4%
Q3 25
47.2%
10.7%
Q2 25
52.4%
173.3%
Q1 25
-24.5%
-20.7%
Q4 24
-7.7%
-74.1%
Q3 24
4.1%
0.6%
Q2 24
-26.9%
-112.0%
Q1 24
-15.7%
150.5%
Capex Intensity
OPEN
OPEN
SNEX
SNEX
Q4 25
0.4%
1.3%
Q3 25
0.3%
0.1%
Q2 25
0.1%
1.9%
Q1 25
0.3%
1.9%
Q4 24
0.3%
2.1%
Q3 24
0.4%
0.1%
Q2 24
0.5%
3.2%
Q1 24
0.7%
3.4%
Cash Conversion
OPEN
OPEN
SNEX
SNEX
Q4 25
-9.08×
Q3 25
41.18×
Q2 25
23.52×
Q1 25
-2.15×
Q4 24
-5.61×
Q3 24
2.51×
Q2 24
-10.05×
Q1 24
14.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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