Miami International Holdings, Inc. (MIAX)
NYSE: MIAX · Real-Time Price · USD
45.26
+1.08 (2.44%)
Apr 22, 2026, 4:00 PM EDT - Market closed

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
Options Revenue Growth
29.97%8.05%
Equities Revenue
153.35M187.77M
Equities Revenue Growth
-18.33%13.68%
Futures Revenue
87.87M96.08M
Futures Revenue Growth
-8.54%14.75%
International Revenue
14.69M3.31M
International Revenue Growth
343.64%2.07%
Corporate / Other Revenue
1.15M1.16M
Corporate / Other Revenue Growth
-1.12%100.52%

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
Transaction and Clearing Fees Revenue Growth
18.93%10.25%
Access Fees Revenue
106.05M89.57M
Access Fees Revenue Growth
18.40%1.72%
Market Data Fees Revenue
41.60M33.65M
Market Data Fees Revenue Growth
23.63%11.73%
Other Segment Revenue
27.00M16.75M
Other Segment Revenue Growth
61.23%6.64%

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
Options Gross Profit Growth
51.63%16.15%
Equities Gross Profit
18.75M2.36M
Equities Gross Profit Growth
693.82%-
Futures Gross Profit
20.47M21.24M
Futures Gross Profit Growth
-3.63%-11.25%
International Gross Profit
14.69M3.31M
International Gross Profit Growth
343.64%2.07%
Corporate / Other Gross Profit
1.23M1.16M
Corporate / Other Gross Profit Growth
5.76%100.52%

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
Options Operating Income Growth
75.27%14.41%
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

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
Options Adjusted EBITDA Growth
65.53%16.59%
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

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
Total Contracts - Equity and Exchange-Traded Funds (ETF) Options Growth
41.08%6.50%
Average Daily Volume (ADV) - Equity and Exchange-Traded Funds (ETF) Options
9.54M6.71M
Average Daily Volume (ADV) - Equity and Exchange-Traded Funds (ETF) Options Growth
42.21%5.66%
Revenue per Contract - Options
0.110.09
Revenue per Contract - Options Growth
18.68%19.74%
Number of Shares - U.S. Equities
45.80B49.87B
Number of Shares - U.S. Equities Growth
-8.16%6.24%
Average Daily Volume (ADV) - U.S. Equities
183.00M198.00M
Average Daily Volume (ADV) - U.S. Equities Growth
-7.58%5.32%
Equities Capture - U.S. Equities (per 100 Shares)
-0.01-0.04
Total Contracts - Agricultural Products Futures
3.26M3.19M
Total Contracts - Agricultural Products Futures Growth
2.25%19.92%
Average Daily Volume (ADV) - Agricultural Products Futures
12.99K12.65K
Average Daily Volume (ADV) - Agricultural Products Futures Growth
2.65%18.97%
Revenue per Contract - Agricultural Products Futures
2.242.52
Revenue per Contract - Agricultural Products Futures Growth
-11.14%2.52%
Updated Mar 31, 2026. Data Source: Fiscal.ai.