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Side-by-side financial comparison of PENN Entertainment, Inc. (PENN) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.

PENN Entertainment, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.5× StoneX Group Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs -0.2%, a 11.7% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 6.4%). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 3.4%).

Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gambling. It operates 43 properties in 20 states, under brands including Hollywood Casino, Ameristar, and Boomtown. It also owns the Canadian digital media company Score Media and Gaming.

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).

PENN vs SNEX — Head-to-Head

Bigger by revenue
PENN
PENN
1.5× larger
PENN
$1.8B
$1.2B
SNEX
Growing faster (revenue YoY)
SNEX
SNEX
+74.7% gap
SNEX
81.0%
6.4%
PENN
Higher net margin
SNEX
SNEX
11.7% more per $
SNEX
11.6%
-0.2%
PENN
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
3.4%
PENN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PENN
PENN
SNEX
SNEX
Revenue
$1.8B
$1.2B
Net Profit
$-2.8M
$139.0M
Gross Margin
Operating Margin
5.5%
15.4%
Net Margin
-0.2%
11.6%
Revenue YoY
6.4%
81.0%
Net Profit YoY
63.3%
EPS (diluted)
$-0.02
$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
PENN
PENN
SNEX
SNEX
Q1 26
$1.8B
Q4 25
$1.8B
$1.2B
Q3 25
$1.7B
$32.7B
Q2 25
$1.8B
$851.2M
Q1 25
$1.7B
$820.4M
Q4 24
$1.7B
$663.1M
Q3 24
$1.6B
$31.1B
Q2 24
$1.7B
$571.8M
Net Profit
PENN
PENN
SNEX
SNEX
Q1 26
$-2.8M
Q4 25
$-72.9M
$139.0M
Q3 25
$-864.6M
$85.7M
Q2 25
$-17.4M
$63.4M
Q1 25
$111.8M
$71.7M
Q4 24
$-133.3M
$85.1M
Q3 24
$-36.7M
$76.7M
Q2 24
$-26.8M
$61.9M
Gross Margin
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
3.0%
Q2 24
Operating Margin
PENN
PENN
SNEX
SNEX
Q1 26
5.5%
Q4 25
-1.0%
15.4%
Q3 25
-45.2%
0.3%
Q2 25
4.4%
-1.3%
Q1 25
2.6%
-1.0%
Q4 24
-2.9%
-3.2%
Q3 24
4.1%
-0.0%
Q2 24
4.5%
-4.7%
Net Margin
PENN
PENN
SNEX
SNEX
Q1 26
-0.2%
Q4 25
-4.0%
11.6%
Q3 25
-50.3%
0.3%
Q2 25
-1.0%
7.4%
Q1 25
6.7%
8.7%
Q4 24
-8.0%
12.8%
Q3 24
-2.2%
0.2%
Q2 24
-1.6%
10.8%
EPS (diluted)
PENN
PENN
SNEX
SNEX
Q1 26
$-0.02
Q4 25
$-0.36
$2.50
Q3 25
$-6.03
$0.72
Q2 25
$-0.12
$1.22
Q1 25
$0.68
$1.41
Q4 24
$-0.87
$1.69
Q3 24
$-0.24
$2.32
Q2 24
$-0.18
$1.25

Balance Sheet & Financial Strength

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

Metric
PENN
PENN
SNEX
SNEX
Cash + ST InvestmentsLiquidity on hand
$708.0M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
Total Assets
$47.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PENN
PENN
SNEX
SNEX
Q1 26
$708.0M
Q4 25
$686.6M
$1.6B
Q3 25
$660.1M
$1.6B
Q2 25
$671.6M
$1.3B
Q1 25
$591.6M
$1.3B
Q4 24
$706.6M
$1.4B
Q3 24
$834.0M
$1.3B
Q2 24
$877.6M
$1.2B
Total Debt
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.8B
Q1 25
$2.6B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$2.8B
Stockholders' Equity
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
$1.8B
$2.5B
Q3 25
$2.0B
$2.4B
Q2 25
$3.0B
$2.0B
Q1 25
$3.0B
$1.9B
Q4 24
$2.9B
$1.8B
Q3 24
$3.1B
$1.7B
Q2 24
$3.1B
$1.6B
Total Assets
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
$14.3B
$47.8B
Q3 25
$14.3B
$45.3B
Q2 25
$15.2B
$34.3B
Q1 25
$15.1B
$31.3B
Q4 24
$15.3B
$29.6B
Q3 24
$15.5B
$27.5B
Q2 24
$15.5B
$25.9B
Debt / Equity
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
1.58×
Q3 25
1.46×
Q2 25
0.94×
Q1 25
0.89×
Q4 24
0.98×
Q3 24
0.91×
Q2 24
0.91×

Cash Flow & Capital Efficiency

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

Metric
PENN
PENN
SNEX
SNEX
Operating Cash FlowLast quarter
$-1.3B
Free Cash FlowOCF − Capex
$-1.3B
FCF MarginFCF / Revenue
-106.4%
Capex IntensityCapex / Revenue
5.3%
1.3%
Cash ConversionOCF / Net Profit
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
$107.2M
$-1.3B
Q3 25
$180.9M
$3.5B
Q2 25
$178.2M
$1.5B
Q1 25
$41.9M
$-154.5M
Q4 24
$102.9M
$-477.8M
Q3 24
$174.7M
$192.6M
Q2 24
$150.4M
$-622.1M
Free Cash Flow
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
$-83.2M
$-1.3B
Q3 25
$8.2M
$3.5B
Q2 25
$18.8M
$1.5B
Q1 25
$-83.3M
$-169.8M
Q4 24
$-118.1M
$-491.4M
Q3 24
$42.6M
$175.9M
Q2 24
$62.2M
$-640.5M
FCF Margin
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
-4.6%
-106.4%
Q3 25
0.5%
10.7%
Q2 25
1.1%
173.3%
Q1 25
-5.0%
-20.7%
Q4 24
-7.1%
-74.1%
Q3 24
2.6%
0.6%
Q2 24
3.7%
-112.0%
Capex Intensity
PENN
PENN
SNEX
SNEX
Q1 26
5.3%
Q4 25
10.5%
1.3%
Q3 25
10.1%
0.1%
Q2 25
9.0%
1.9%
Q1 25
7.5%
1.9%
Q4 24
13.2%
2.1%
Q3 24
8.1%
0.1%
Q2 24
5.3%
3.2%
Cash Conversion
PENN
PENN
SNEX
SNEX
Q1 26
Q4 25
-9.08×
Q3 25
41.18×
Q2 25
23.52×
Q1 25
0.37×
-2.15×
Q4 24
-5.61×
Q3 24
2.51×
Q2 24
-10.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PENN
PENN

Northeast segment (1)$687.1M39%
Interactive (5)$358.3M20%
Midwest segment (4)$305.9M17%
South segment (2)$281.3M16%
West segment (3)$145.8M8%

SNEX
SNEX

Segment breakdown not available.

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