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Side-by-side financial comparison of StoneX Group Inc. (SNEX) and Trade Desk (The) (TTD). Click either name above to swap in a different company.

StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $846.8M, roughly 1.4× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 11.6%, a 10.5% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 14.3%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 31.3%).

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).

The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.

SNEX vs TTD — Head-to-Head

Bigger by revenue
SNEX
SNEX
1.4× larger
SNEX
$1.2B
$846.8M
TTD
Growing faster (revenue YoY)
SNEX
SNEX
+66.8% gap
SNEX
81.0%
14.3%
TTD
Higher net margin
TTD
TTD
10.5% more per $
TTD
22.1%
11.6%
SNEX
More free cash flow
TTD
TTD
$1.6B more FCF
TTD
$285.3M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
31.3%
TTD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SNEX
SNEX
TTD
TTD
Revenue
$1.2B
$846.8M
Net Profit
$139.0M
$186.9M
Gross Margin
80.7%
Operating Margin
15.4%
30.3%
Net Margin
11.6%
22.1%
Revenue YoY
81.0%
14.3%
Net Profit YoY
63.3%
2.6%
EPS (diluted)
$2.50
$0.39

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
SNEX
SNEX
TTD
TTD
Q4 25
$1.2B
$846.8M
Q3 25
$32.7B
$739.4M
Q2 25
$851.2M
$694.0M
Q1 25
$820.4M
$616.0M
Q4 24
$663.1M
$741.0M
Q3 24
$31.1B
$628.0M
Q2 24
$571.8M
$584.5M
Q1 24
$509.2M
$491.3M
Net Profit
SNEX
SNEX
TTD
TTD
Q4 25
$139.0M
$186.9M
Q3 25
$85.7M
$115.5M
Q2 25
$63.4M
$90.1M
Q1 25
$71.7M
$50.7M
Q4 24
$85.1M
$182.2M
Q3 24
$76.7M
$94.2M
Q2 24
$61.9M
$85.0M
Q1 24
$53.1M
$31.7M
Gross Margin
SNEX
SNEX
TTD
TTD
Q4 25
80.7%
Q3 25
3.7%
78.1%
Q2 25
78.2%
Q1 25
76.8%
Q4 24
81.7%
Q3 24
3.0%
80.5%
Q2 24
81.1%
Q1 24
78.9%
Operating Margin
SNEX
SNEX
TTD
TTD
Q4 25
15.4%
30.3%
Q3 25
0.3%
21.8%
Q2 25
-1.3%
16.8%
Q1 25
-1.0%
8.8%
Q4 24
-3.2%
26.4%
Q3 24
-0.0%
17.3%
Q2 24
-4.7%
16.2%
Q1 24
-2.5%
5.8%
Net Margin
SNEX
SNEX
TTD
TTD
Q4 25
11.6%
22.1%
Q3 25
0.3%
15.6%
Q2 25
7.4%
13.0%
Q1 25
8.7%
8.2%
Q4 24
12.8%
24.6%
Q3 24
0.2%
15.0%
Q2 24
10.8%
14.5%
Q1 24
10.4%
6.4%
EPS (diluted)
SNEX
SNEX
TTD
TTD
Q4 25
$2.50
$0.39
Q3 25
$0.72
$0.23
Q2 25
$1.22
$0.18
Q1 25
$1.41
$0.10
Q4 24
$1.69
$0.36
Q3 24
$2.32
$0.19
Q2 24
$1.25
$0.17
Q1 24
$1.09
$0.06

Balance Sheet & Financial Strength

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

Metric
SNEX
SNEX
TTD
TTD
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$2.5B
Total Assets
$47.8B
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
TTD
TTD
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.4B
Q2 25
$1.3B
$1.7B
Q1 25
$1.3B
$1.7B
Q4 24
$1.4B
$1.9B
Q3 24
$1.3B
$1.7B
Q2 24
$1.2B
$1.5B
Q1 24
$1.3B
$1.4B
Stockholders' Equity
SNEX
SNEX
TTD
TTD
Q4 25
$2.5B
$2.5B
Q3 25
$2.4B
$2.6B
Q2 25
$2.0B
$2.7B
Q1 25
$1.9B
$2.7B
Q4 24
$1.8B
$2.9B
Q3 24
$1.7B
$2.6B
Q2 24
$1.6B
$2.4B
Q1 24
$1.5B
$2.2B
Total Assets
SNEX
SNEX
TTD
TTD
Q4 25
$47.8B
$6.2B
Q3 25
$45.3B
$5.9B
Q2 25
$34.3B
$6.0B
Q1 25
$31.3B
$5.7B
Q4 24
$29.6B
$6.1B
Q3 24
$27.5B
$5.5B
Q2 24
$25.9B
$5.2B
Q1 24
$25.7B
$4.7B

Cash Flow & Capital Efficiency

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

Metric
SNEX
SNEX
TTD
TTD
Operating Cash FlowLast quarter
$-1.3B
$311.6M
Free Cash FlowOCF − Capex
$-1.3B
$285.3M
FCF MarginFCF / Revenue
-106.4%
33.7%
Capex IntensityCapex / Revenue
1.3%
3.1%
Cash ConversionOCF / Net Profit
-9.08×
1.67×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$795.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNEX
SNEX
TTD
TTD
Q4 25
$-1.3B
$311.6M
Q3 25
$3.5B
$224.7M
Q2 25
$1.5B
$165.0M
Q1 25
$-154.5M
$291.4M
Q4 24
$-477.8M
$199.4M
Q3 24
$192.6M
$273.3M
Q2 24
$-622.1M
$81.3M
Q1 24
$784.0M
$185.5M
Free Cash Flow
SNEX
SNEX
TTD
TTD
Q4 25
$-1.3B
$285.3M
Q3 25
$3.5B
$158.3M
Q2 25
$1.5B
$119.8M
Q1 25
$-169.8M
$232.3M
Q4 24
$-491.4M
$179.2M
Q3 24
$175.9M
$224.6M
Q2 24
$-640.5M
$59.1M
Q1 24
$766.6M
$178.2M
FCF Margin
SNEX
SNEX
TTD
TTD
Q4 25
-106.4%
33.7%
Q3 25
10.7%
21.4%
Q2 25
173.3%
17.3%
Q1 25
-20.7%
37.7%
Q4 24
-74.1%
24.2%
Q3 24
0.6%
35.8%
Q2 24
-112.0%
10.1%
Q1 24
150.5%
36.3%
Capex Intensity
SNEX
SNEX
TTD
TTD
Q4 25
1.3%
3.1%
Q3 25
0.1%
9.0%
Q2 25
1.9%
6.5%
Q1 25
1.9%
9.6%
Q4 24
2.1%
2.7%
Q3 24
0.1%
7.8%
Q2 24
3.2%
3.8%
Q1 24
3.4%
1.5%
Cash Conversion
SNEX
SNEX
TTD
TTD
Q4 25
-9.08×
1.67×
Q3 25
41.18×
1.94×
Q2 25
23.52×
1.83×
Q1 25
-2.15×
5.75×
Q4 24
-5.61×
1.09×
Q3 24
2.51×
2.90×
Q2 24
-10.05×
0.96×
Q1 24
14.76×
5.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNEX
SNEX

Segment breakdown not available.

TTD
TTD

Other$427.2M50%
Non Us$419.6M50%

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