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

StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $814.9M, roughly 1.5× Ubiquiti Inc.). Ubiquiti Inc. runs the higher net margin — 28.7% vs 11.6%, a 17.1% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 35.8%). Ubiquiti Inc. produced more free cash flow last quarter ($260.3M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 28.6%).

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).

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

SNEX vs UI — Head-to-Head

Bigger by revenue
SNEX
SNEX
1.5× larger
SNEX
$1.2B
$814.9M
UI
Growing faster (revenue YoY)
SNEX
SNEX
+45.2% gap
SNEX
81.0%
35.8%
UI
Higher net margin
UI
UI
17.1% more per $
UI
28.7%
11.6%
SNEX
More free cash flow
UI
UI
$1.5B more FCF
UI
$260.3M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
28.6%
UI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
SNEX
SNEX
UI
UI
Revenue
$1.2B
$814.9M
Net Profit
$139.0M
$233.6M
Gross Margin
45.9%
Operating Margin
15.4%
35.9%
Net Margin
11.6%
28.7%
Revenue YoY
81.0%
35.8%
Net Profit YoY
63.3%
70.8%
EPS (diluted)
$2.50
$3.86

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
UI
UI
Q4 25
$1.2B
$814.9M
Q3 25
$32.7B
$733.8M
Q2 25
$851.2M
$759.2M
Q1 25
$820.4M
$664.2M
Q4 24
$663.1M
$599.9M
Q3 24
$31.1B
$550.3M
Q2 24
$571.8M
$507.5M
Q1 24
$509.2M
$493.0M
Net Profit
SNEX
SNEX
UI
UI
Q4 25
$139.0M
$233.6M
Q3 25
$85.7M
$207.9M
Q2 25
$63.4M
$266.7M
Q1 25
$71.7M
$180.4M
Q4 24
$85.1M
$136.8M
Q3 24
$76.7M
$128.0M
Q2 24
$61.9M
$103.8M
Q1 24
$53.1M
$76.3M
Gross Margin
SNEX
SNEX
UI
UI
Q4 25
45.9%
Q3 25
3.7%
46.0%
Q2 25
45.1%
Q1 25
44.5%
Q4 24
41.2%
Q3 24
3.0%
42.1%
Q2 24
40.2%
Q1 24
35.3%
Operating Margin
SNEX
SNEX
UI
UI
Q4 25
15.4%
35.9%
Q3 25
0.3%
35.7%
Q2 25
-1.3%
34.4%
Q1 25
-1.0%
34.2%
Q4 24
-3.2%
29.8%
Q3 24
-0.0%
30.7%
Q2 24
-4.7%
27.3%
Q1 24
-2.5%
22.6%
Net Margin
SNEX
SNEX
UI
UI
Q4 25
11.6%
28.7%
Q3 25
0.3%
28.3%
Q2 25
7.4%
35.1%
Q1 25
8.7%
27.2%
Q4 24
12.8%
22.8%
Q3 24
0.2%
23.3%
Q2 24
10.8%
20.5%
Q1 24
10.4%
15.5%
EPS (diluted)
SNEX
SNEX
UI
UI
Q4 25
$2.50
$3.86
Q3 25
$0.72
$3.43
Q2 25
$1.22
$4.40
Q1 25
$1.41
$2.98
Q4 24
$1.69
$2.26
Q3 24
$2.32
$2.12
Q2 24
$1.25
$1.72
Q1 24
$1.09
$1.26

Balance Sheet & Financial Strength

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

Metric
SNEX
SNEX
UI
UI
Cash + ST InvestmentsLiquidity on hand
$1.6B
$302.8M
Total DebtLower is stronger
$47.5M
Stockholders' EquityBook value
$2.5B
$1.0B
Total Assets
$47.8B
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
UI
UI
Q4 25
$1.6B
$302.8M
Q3 25
$1.6B
$177.2M
Q2 25
$1.3B
$149.7M
Q1 25
$1.3B
$151.0M
Q4 24
$1.4B
$133.1M
Q3 24
$1.3B
$165.2M
Q2 24
$1.2B
$126.3M
Q1 24
$1.3B
$102.5M
Total Debt
SNEX
SNEX
UI
UI
Q4 25
$47.5M
Q3 25
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$552.5M
Q2 24
$708.1M
Q1 24
$877.5M
Stockholders' Equity
SNEX
SNEX
UI
UI
Q4 25
$2.5B
$1.0B
Q3 25
$2.4B
$828.4M
Q2 25
$2.0B
$668.3M
Q1 25
$1.9B
$436.1M
Q4 24
$1.8B
$290.4M
Q3 24
$1.7B
$188.1M
Q2 24
$1.6B
$95.1M
Q1 24
$1.5B
$25.9M
Total Assets
SNEX
SNEX
UI
UI
Q4 25
$47.8B
$1.6B
Q3 25
$45.3B
$1.5B
Q2 25
$34.3B
$1.5B
Q1 25
$31.3B
$1.3B
Q4 24
$29.6B
$1.2B
Q3 24
$27.5B
$1.2B
Q2 24
$25.9B
$1.2B
Q1 24
$25.7B
$1.2B
Debt / Equity
SNEX
SNEX
UI
UI
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
7.45×
Q1 24
33.92×

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
UI
UI
Operating Cash FlowLast quarter
$-1.3B
$263.9M
Free Cash FlowOCF − Capex
$-1.3B
$260.3M
FCF MarginFCF / Revenue
-106.4%
31.9%
Capex IntensityCapex / Revenue
1.3%
0.4%
Cash ConversionOCF / Net Profit
-9.08×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNEX
SNEX
UI
UI
Q4 25
$-1.3B
$263.9M
Q3 25
$3.5B
$198.5M
Q2 25
$1.5B
$130.4M
Q1 25
$-154.5M
$123.6M
Q4 24
$-477.8M
$152.4M
Q3 24
$192.6M
$233.7M
Q2 24
$-622.1M
$231.4M
Q1 24
$784.0M
$163.9M
Free Cash Flow
SNEX
SNEX
UI
UI
Q4 25
$-1.3B
$260.3M
Q3 25
$3.5B
$193.3M
Q2 25
$1.5B
$125.2M
Q1 25
$-169.8M
$120.7M
Q4 24
$-491.4M
$150.4M
Q3 24
$175.9M
$231.1M
Q2 24
$-640.5M
$229.5M
Q1 24
$766.6M
$160.6M
FCF Margin
SNEX
SNEX
UI
UI
Q4 25
-106.4%
31.9%
Q3 25
10.7%
26.3%
Q2 25
173.3%
16.5%
Q1 25
-20.7%
18.2%
Q4 24
-74.1%
25.1%
Q3 24
0.6%
42.0%
Q2 24
-112.0%
45.2%
Q1 24
150.5%
32.6%
Capex Intensity
SNEX
SNEX
UI
UI
Q4 25
1.3%
0.4%
Q3 25
0.1%
0.7%
Q2 25
1.9%
0.7%
Q1 25
1.9%
0.4%
Q4 24
2.1%
0.3%
Q3 24
0.1%
0.5%
Q2 24
3.2%
0.4%
Q1 24
3.4%
0.7%
Cash Conversion
SNEX
SNEX
UI
UI
Q4 25
-9.08×
1.13×
Q3 25
41.18×
0.95×
Q2 25
23.52×
0.49×
Q1 25
-2.15×
0.68×
Q4 24
-5.61×
1.11×
Q3 24
2.51×
1.83×
Q2 24
-10.05×
2.23×
Q1 24
14.76×
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNEX
SNEX

Segment breakdown not available.

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

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