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

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Options Revenue
1.11B851.75M
Equities Revenue
153.35M187.77M
Futures Revenue
87.87M96.08M
International Revenue
14.69M3.31M
Corporate / Other Revenue
1.15M1.16M
Revenue (Total)
1.36B1.14B

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Transaction and Clearing Fees Revenue
1.19B1.00B
Access Fees Revenue
106.05M89.57M
Market Data Fees Revenue
41.60M33.65M
Other Segment Revenue
27.00M16.75M
Revenue (Total)
1.36B1.14B

Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Options Gross Profit
375.39M247.57M
Equities Gross Profit
18.75M2.36M
Futures Gross Profit
20.47M21.24M
International Gross Profit
14.69M3.31M
Corporate / Other Gross Profit
1.23M1.16M
Gross Profit (Total)
430.53M275.64M

EBIT

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Options Operating Income
234.11M133.57M
Equities Operating Income
-12.01M-27.15M
Futures Operating Income
-56.84M-47.21M
International Operating Income
-957.00K-10.79M
Corporate / Other Operating Income
-72.33M-51.24M
Operating Income (Total)
91.97M-2.83M

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Options Adjusted EBITDA
276.86M167.25M
Equities Adjusted EBITDA
-1.92M-15.25M
Futures Adjusted EBITDA
-35.72M-31.50M
International Adjusted EBITDA
1.95M-7.62M
Corporate / Other Adjusted EBITDA
-42.07M-30.80M
Operating Income (Total)
91.97M-2.83M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Total Contracts - Equity and Exchange-Traded Funds (ETF) Options
2.38B1.69B
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
45.80B49.87B
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
3.26M3.19M
Average Daily Volume (ADV) - Agricultural Products Futures
12.99K12.65K
Revenue per Contract - Agricultural Products Futures
2.242.52