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

XPO, Inc. is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× StoneX Group Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs 2.9%, a 8.6% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 4.7%). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs -0.1%).

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).

XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping in North America. The company has headquarters in Greenwich, Connecticut, and has 592 locations globally. XPO is the second largest provider of less-than-truckload (LTL) services in North America, operating in 99 percent of all U.S. postal codes.

SNEX vs XPO — Head-to-Head

Bigger by revenue
XPO
XPO
1.7× larger
XPO
$2.0B
$1.2B
SNEX
Growing faster (revenue YoY)
SNEX
SNEX
+76.4% gap
SNEX
81.0%
4.7%
XPO
Higher net margin
SNEX
SNEX
8.6% more per $
SNEX
11.6%
2.9%
XPO
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
-0.1%
XPO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SNEX
SNEX
XPO
XPO
Revenue
$1.2B
$2.0B
Net Profit
$139.0M
$59.0M
Gross Margin
Operating Margin
15.4%
7.1%
Net Margin
11.6%
2.9%
Revenue YoY
81.0%
4.7%
Net Profit YoY
63.3%
-21.3%
EPS (diluted)
$2.50
$0.49

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
XPO
XPO
Q4 25
$1.2B
$2.0B
Q3 25
$32.7B
$2.1B
Q2 25
$851.2M
$2.1B
Q1 25
$820.4M
$2.0B
Q4 24
$663.1M
$1.9B
Q3 24
$31.1B
$2.1B
Q2 24
$571.8M
$2.1B
Q1 24
$509.2M
$2.0B
Net Profit
SNEX
SNEX
XPO
XPO
Q4 25
$139.0M
$59.0M
Q3 25
$85.7M
$82.0M
Q2 25
$63.4M
$106.0M
Q1 25
$71.7M
$69.0M
Q4 24
$85.1M
$75.0M
Q3 24
$76.7M
$95.0M
Q2 24
$61.9M
$150.0M
Q1 24
$53.1M
$67.0M
Gross Margin
SNEX
SNEX
XPO
XPO
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
3.0%
Q2 24
Q1 24
Operating Margin
SNEX
SNEX
XPO
XPO
Q4 25
15.4%
7.1%
Q3 25
0.3%
7.8%
Q2 25
-1.3%
9.5%
Q1 25
-1.0%
7.7%
Q4 24
-3.2%
7.8%
Q3 24
-0.0%
8.6%
Q2 24
-4.7%
9.5%
Q1 24
-2.5%
6.8%
Net Margin
SNEX
SNEX
XPO
XPO
Q4 25
11.6%
2.9%
Q3 25
0.3%
3.9%
Q2 25
7.4%
5.1%
Q1 25
8.7%
3.5%
Q4 24
12.8%
3.9%
Q3 24
0.2%
4.6%
Q2 24
10.8%
7.2%
Q1 24
10.4%
3.3%
EPS (diluted)
SNEX
SNEX
XPO
XPO
Q4 25
$2.50
$0.49
Q3 25
$0.72
$0.68
Q2 25
$1.22
$0.89
Q1 25
$1.41
$0.58
Q4 24
$1.69
$0.63
Q3 24
$2.32
$0.79
Q2 24
$1.25
$1.25
Q1 24
$1.09
$0.56

Balance Sheet & Financial Strength

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

Metric
SNEX
SNEX
XPO
XPO
Cash + ST InvestmentsLiquidity on hand
$1.6B
$310.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$1.9B
Total Assets
$47.8B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
XPO
XPO
Q4 25
$1.6B
$310.0M
Q3 25
$1.6B
$335.0M
Q2 25
$1.3B
$225.0M
Q1 25
$1.3B
$212.0M
Q4 24
$1.4B
$246.0M
Q3 24
$1.3B
$378.0M
Q2 24
$1.2B
$250.0M
Q1 24
$1.3B
$229.0M
Stockholders' Equity
SNEX
SNEX
XPO
XPO
Q4 25
$2.5B
$1.9B
Q3 25
$2.4B
$1.8B
Q2 25
$2.0B
$1.8B
Q1 25
$1.9B
$1.6B
Q4 24
$1.8B
$1.6B
Q3 24
$1.7B
$1.6B
Q2 24
$1.6B
$1.5B
Q1 24
$1.5B
$1.3B
Total Assets
SNEX
SNEX
XPO
XPO
Q4 25
$47.8B
$8.2B
Q3 25
$45.3B
$8.2B
Q2 25
$34.3B
$8.1B
Q1 25
$31.3B
$7.9B
Q4 24
$29.6B
$7.7B
Q3 24
$27.5B
$7.9B
Q2 24
$25.9B
$7.7B
Q1 24
$25.7B
$7.6B

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
XPO
XPO
Operating Cash FlowLast quarter
$-1.3B
Free Cash FlowOCF − Capex
$-1.3B
FCF MarginFCF / Revenue
-106.4%
Capex IntensityCapex / Revenue
1.3%
5.3%
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
SNEX
SNEX
XPO
XPO
Q4 25
$-1.3B
Q3 25
$3.5B
$371.0M
Q2 25
$1.5B
$247.0M
Q1 25
$-154.5M
$142.0M
Q4 24
$-477.8M
$189.0M
Q3 24
$192.6M
$264.0M
Q2 24
$-622.1M
$210.0M
Q1 24
$784.0M
$145.0M
Free Cash Flow
SNEX
SNEX
XPO
XPO
Q4 25
$-1.3B
Q3 25
$3.5B
$215.0M
Q2 25
$1.5B
$51.0M
Q1 25
$-169.8M
$-57.0M
Q4 24
$-491.4M
$23.0M
Q3 24
$175.9M
$137.0M
Q2 24
$-640.5M
$20.0M
Q1 24
$766.6M
$-161.0M
FCF Margin
SNEX
SNEX
XPO
XPO
Q4 25
-106.4%
Q3 25
10.7%
10.2%
Q2 25
173.3%
2.5%
Q1 25
-20.7%
-2.9%
Q4 24
-74.1%
1.2%
Q3 24
0.6%
6.7%
Q2 24
-112.0%
1.0%
Q1 24
150.5%
-8.0%
Capex Intensity
SNEX
SNEX
XPO
XPO
Q4 25
1.3%
5.3%
Q3 25
0.1%
7.4%
Q2 25
1.9%
9.4%
Q1 25
1.9%
10.2%
Q4 24
2.1%
8.6%
Q3 24
0.1%
6.2%
Q2 24
3.2%
9.1%
Q1 24
3.4%
15.2%
Cash Conversion
SNEX
SNEX
XPO
XPO
Q4 25
-9.08×
Q3 25
41.18×
4.52×
Q2 25
23.52×
2.33×
Q1 25
-2.15×
2.06×
Q4 24
-5.61×
2.52×
Q3 24
2.51×
2.78×
Q2 24
-10.05×
1.40×
Q1 24
14.76×
2.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNEX
SNEX

Segment breakdown not available.

XPO
XPO

North American LTL$1.2B58%
European Transportation$844.0M42%

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