Miami International Holdings, Inc. (MIAX)
NYSE: MIAX · Real-Time Price · USD
47.04
+1.04 (2.26%)
At close: Jul 31, 2026, 4:00 PM EDT
46.13
-0.91 (-1.93%)
After-hours: Jul 31, 2026, 7:58 PM EDT

MIAX Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22
Revenue
1,4071,3641,1401,041797.92
Revenue Growth
23.39%19.65%9.52%30.46%-
Gross Profit
467.24430.53275.64232.47195.64
Operating Income
115.6491.97-2.83-2.875.34
Net Income
121.62-70.03102.12-20.8957.55
Earnings Per Share
0.66-1.001.39-0.370.77
EPS Growth
-52.52%----

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023
Period EndingDec '25 Dec '24 Dec '23
Options
1,107851.75788.29
Equities
153.35187.77165.17
Futures
87.8796.0883.73
International
14.693.313.24
Corporate / Other
1.151.160.58
Revenue (Total)
1,3641,1401,041

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingMar '26 Dec '25 Dec '24 Dec '23
Cash & Investments
550.79433.65150.3459.29
Total Debt
1.511.5137.04118.43
Net Cash (Debt)
549.28432.14113.31-59.13
Net Cash Growth
384.77%281.39%--
Net Cash Per Share
6.216.191.52-1.05

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22
Operating Cash Flow
167.83167.83111.44-49.2121.63
Capital Expenditures
-22.79-22.79-26.74-16.2-10.95
Free Cash Flow
145.04145.0484.7-65.4110.68
Free Cash Flow Growth
-71.24%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22
Gross Margin
33.22%31.56%24.18%22.33%24.52%
Operating Margin
8.22%6.74%-0.25%-0.28%0.67%
Pretax Margin
3.74%-5.03%9.22%-2.12%6.28%
Profit Margin
8.65%-5.13%8.95%-2.05%7.18%
FCF Margin
0.00%10.63%7.43%-6.28%13.87%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
28.4931.82----
P/FCF Ratio
24.2526.17----
PS Ratio
3.242.78----