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Side-by-side financial comparison of StoneX Group Inc. (SNEX) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× StoneX Group Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs -24.2%, a 35.8% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 28.7%). Snowflake Inc. produced more free cash flow last quarter ($113.6M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 25.1%).
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).
Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
SNEX vs SNOW — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.2B |
| Net Profit | $139.0M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | 15.4% | -27.2% |
| Net Margin | 11.6% | -24.2% |
| Revenue YoY | 81.0% | 28.7% |
| Net Profit YoY | 63.3% | 9.4% |
| EPS (diluted) | $2.50 | $-0.87 |
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.
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $32.7B | $1.1B | ||
| Q2 25 | $851.2M | $1.0B | ||
| Q1 25 | $820.4M | $986.8M | ||
| Q4 24 | $663.1M | $942.1M | ||
| Q3 24 | $31.1B | $868.8M | ||
| Q2 24 | $571.8M | $828.7M | ||
| Q1 24 | $509.2M | $774.7M |
| Q4 25 | $139.0M | $-294.0M | ||
| Q3 25 | $85.7M | $-298.0M | ||
| Q2 25 | $63.4M | $-430.1M | ||
| Q1 25 | $71.7M | $-327.5M | ||
| Q4 24 | $85.1M | $-324.3M | ||
| Q3 24 | $76.7M | $-316.9M | ||
| Q2 24 | $61.9M | $-317.0M | ||
| Q1 24 | $53.1M | $-169.4M |
| Q4 25 | — | 67.8% | ||
| Q3 25 | 3.7% | 67.5% | ||
| Q2 25 | — | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | 3.0% | 66.8% | ||
| Q2 24 | — | 67.1% | ||
| Q1 24 | — | 68.8% |
| Q4 25 | 15.4% | -27.2% | ||
| Q3 25 | 0.3% | -29.7% | ||
| Q2 25 | -1.3% | -42.9% | ||
| Q1 25 | -1.0% | -39.2% | ||
| Q4 24 | -3.2% | -38.8% | ||
| Q3 24 | -0.0% | -40.9% | ||
| Q2 24 | -4.7% | -42.1% | ||
| Q1 24 | -2.5% | -35.6% |
| Q4 25 | 11.6% | -24.2% | ||
| Q3 25 | 0.3% | -26.0% | ||
| Q2 25 | 7.4% | -41.3% | ||
| Q1 25 | 8.7% | -33.2% | ||
| Q4 24 | 12.8% | -34.4% | ||
| Q3 24 | 0.2% | -36.5% | ||
| Q2 24 | 10.8% | -38.3% | ||
| Q1 24 | 10.4% | -21.9% |
| Q4 25 | $2.50 | $-0.87 | ||
| Q3 25 | $0.72 | $-0.89 | ||
| Q2 25 | $1.22 | $-1.29 | ||
| Q1 25 | $1.41 | $-0.98 | ||
| Q4 24 | $1.69 | $-0.98 | ||
| Q3 24 | $2.32 | $-0.95 | ||
| Q2 24 | $1.25 | $-0.95 | ||
| Q1 24 | $1.09 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.5B | $2.1B |
| Total Assets | $47.8B | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $1.9B | ||
| Q3 25 | $1.6B | $1.9B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.3B | $2.6B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B | ||
| Q1 24 | $1.3B | $1.8B |
| Q4 25 | $2.5B | $2.1B | ||
| Q3 25 | $2.4B | $2.4B | ||
| Q2 25 | $2.0B | $2.4B | ||
| Q1 25 | $1.9B | $3.0B | ||
| Q4 24 | $1.8B | $2.9B | ||
| Q3 24 | $1.7B | $4.1B | ||
| Q2 24 | $1.6B | $4.6B | ||
| Q1 24 | $1.5B | $5.2B |
| Q4 25 | $47.8B | $8.2B | ||
| Q3 25 | $45.3B | $8.2B | ||
| Q2 25 | $34.3B | $8.2B | ||
| Q1 25 | $31.3B | $9.0B | ||
| Q4 24 | $29.6B | $8.2B | ||
| Q3 24 | $27.5B | $6.9B | ||
| Q2 24 | $25.9B | $7.3B | ||
| Q1 24 | $25.7B | $8.2B |
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 | $137.5M |
| Free Cash FlowOCF − Capex | $-1.3B | $113.6M |
| FCF MarginFCF / Revenue | -106.4% | 9.4% |
| Capex IntensityCapex / Revenue | 1.3% | 2.0% |
| Cash ConversionOCF / Net Profit | -9.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.3B | $137.5M | ||
| Q3 25 | $3.5B | $74.9M | ||
| Q2 25 | $1.5B | $228.4M | ||
| Q1 25 | $-154.5M | $432.7M | ||
| Q4 24 | $-477.8M | $101.7M | ||
| Q3 24 | $192.6M | $69.9M | ||
| Q2 24 | $-622.1M | $355.5M | ||
| Q1 24 | $784.0M | $344.6M |
| Q4 25 | $-1.3B | $113.6M | ||
| Q3 25 | $3.5B | $58.2M | ||
| Q2 25 | $1.5B | $183.4M | ||
| Q1 25 | $-169.8M | $421.4M | ||
| Q4 24 | $-491.4M | $88.3M | ||
| Q3 24 | $175.9M | $64.8M | ||
| Q2 24 | $-640.5M | $338.9M | ||
| Q1 24 | $766.6M | $331.5M |
| Q4 25 | -106.4% | 9.4% | ||
| Q3 25 | 10.7% | 5.1% | ||
| Q2 25 | 173.3% | 17.6% | ||
| Q1 25 | -20.7% | 42.7% | ||
| Q4 24 | -74.1% | 9.4% | ||
| Q3 24 | 0.6% | 7.5% | ||
| Q2 24 | -112.0% | 40.9% | ||
| Q1 24 | 150.5% | 42.8% |
| Q4 25 | 1.3% | 2.0% | ||
| Q3 25 | 0.1% | 1.5% | ||
| Q2 25 | 1.9% | 4.3% | ||
| Q1 25 | 1.9% | 1.1% | ||
| Q4 24 | 2.1% | 1.4% | ||
| Q3 24 | 0.1% | 0.6% | ||
| Q2 24 | 3.2% | 2.0% | ||
| Q1 24 | 3.4% | 1.7% |
| 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.
Revenue Breakdown by Segment
SNEX
Segment breakdown not available.
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
