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Miami International Holdings, Inc. (MIAX)
NYSE: MIAX · Real-Time Price · USD
37.08
+1.01 (2.80%)
Nov 13, 2026, 4:00 PM EST - Market closed

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Options Revenue
1.25B1.11B851.75M
Equities Revenue
138.12M153.35M187.77M
Futures Revenue
93.26M87.87M96.08M
International Revenue
23.57M14.69M3.31M
Corporate / Other Revenue
1.13M1.15M1.16M
Revenue (Total)
1.50B1.36B1.14B

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Transaction and Clearing Fees Revenue
1.28B1.19B1.00B
Access Fees Revenue
134.01M106.05M89.57M
Market Data Fees Revenue
50.01M41.60M33.65M
Other Segment Revenue
34.03M27.00M16.75M
Revenue (Total)
1.50B1.36B1.14B

Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Options Gross Profit
455.15M375.39M247.57M
Equities Gross Profit
25.24M18.75M2.36M
Futures Gross Profit
19.51M20.47M21.24M
International Gross Profit
23.57M14.69M3.31M
Corporate / Other Gross Profit
1.75M1.23M1.16M
Gross Profit (Total)
525.22M430.53M275.64M

EBIT

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Options Operating Income
284.60M234.11M133.57M
Equities Operating Income
-6.31M-12.01M-27.15M
Futures Operating Income
-51.53M-56.84M-47.21M
International Operating Income
4.57M-957.00K-10.79M
Corporate / Other Operating Income
-67.66M-72.33M-51.24M
Operating Income (Total)
163.66M91.97M-2.83M

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Options Adjusted EBITDA
349.02M276.86M167.25M
Equities Adjusted EBITDA
2.99M-1.92M-15.25M
Futures Adjusted EBITDA
-36.49M-35.72M-31.50M
International Adjusted EBITDA
8.06M1.95M-7.62M
Corporate / Other Adjusted EBITDA
-47.77M-42.07M-30.80M
Operating Income (Other)
-112.15M-107.13M-84.91M
Operating Income (Total)
163.66M91.97M-2.83M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Total Contracts - Equity and Exchange-Traded Funds (ETF) Options
2.76B2.38B1.69B
Average Daily Volume (ADV) - Equity and Exchange-Traded Funds (ETF) Options
-9.54M6.71M
Revenue per Contract - Options
-0.110.09
Number of Shares - U.S. Equities
40.48B45.80B49.87B
Average Daily Volume (ADV) - U.S. Equities
-183.00M198.00M
Equities Capture - U.S. Equities (per 100 Shares)
--0.01-0.04
Total Contracts - Agricultural Products Futures
2.72M3.26M3.19M
Average Daily Volume (ADV) - Agricultural Products Futures
-12.99K12.65K
Revenue per Contract - Agricultural Products Futures
-2.242.52