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MIAX · Miami International Holdings, Inc. · Financials

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$30.71 +0.01 (+0.03%) At close · Oct 9
Market Cap
$3.05B
Shares
99.23M
Volume · Oct 9 1.39M Avg daily vol (3M) 1.51M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$1.36B +19.6%
FY2025 Revenue FY2023–FY2025
Net Income
-$70.03M -168.6%
FY2025 Net Income FY2023–FY2025
Gross Margin
31.56% +7.4pp
FY2025 Gross Margin FY2023–FY2025
Operating Margin
6.74% +7pp
FY2025 Operating Margin FY2023–FY2025
Diluted EPS
-$1.00 -171.9%
FY2025 Diluted EPS FY2023–FY2025
Operating Cash Flow
$167.83M +50.6%
FY2025 Operating Cash Flow FY2023–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023
$1.47B $1.36B $1.14B $1.04B
$962.84M $933.54M $864.43M $808.54M
$503.69M $430.53M $275.64M $232.47M
— 31.56% 24.18% 22.33%
— $904K $489K —
$33.14M $29.38M $23.37M $21.03M
$387.54M $338.56M $278.47M $235.34M
$116.15M $91.97M -$2.83M -$2.87M
— 6.74% -0.25% -0.28%
$149.29M $121.35M $20.55M $18.16M
$3.64M $12.89M $13.95M $18.88M
$16.34M $9.41M $3.3M $2.66M
-$3.59M $10.95M $1.48M $4.54M
$56.81M -$68.58M $105.08M -$22.07M
-$85.49M $1.45M $3.1M -$697K
$142.3M -$70.03M $102.12M -$20.89M
— -5.13% 8.96% -2.01%
— $0 -$137K -$482K
$138.94M -$70.67M $102.12M -$20.89M
USD/shares $1.29 -$1.00 $1.68 -$0.37
USD/shares $1.00 -$1.00 $1.39 -$0.37
shares — 69.84M 60.7M 56.46M
shares — 69.84M 74.63M 56.46M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2025: $37.57M in buybacks.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Finance lease liabilities 2026-06-30 USD 543,000 10-Q filed 2026-08-07
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current finance lease liabilities
USD 174,000
Noncurrent finance lease liabilities
USD 369,000
Long-term debt, including current maturities 2026-06-30 USD 1,514,000 10-Q filed 2026-08-07
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 1,514,000
Noncurrent debt carrying amount
USD 0
Operating lease liabilities 2026-06-30 USD 21,079,000 10-Q filed 2026-08-07
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current operating lease liabilities
USD 6,261,000
Noncurrent operating lease liabilities
USD 14,818,000
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
1.63×
Peer median 3.70×
EV/EBIT
20.56×
Peer median 13.16×
P/E (TTM)
—
Peer median 19.45×
EV/Adj. EBITDA (FY2025)
12.00×

Peer medians compare against the 38 similar-size Capital Markets companies (of 75 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023
Options Segment $1,107,019,000 $851,754,000 $788,287,000
Equities Segment $153,346,000 $187,769,000 $165,168,000
Futures Segment $87,869,000 $96,075,000 $83,728,000
International Segment $14,689,000 $3,311,000 $3,244,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023
Transaction and Clearing Fees $1,189,429,000 $1,000,114,000 $907,142,000
Access Fees $106,048,000 $89,567,000 $88,049,000
Market Data Fees $41,598,000 $33,646,000 $30,114,000
Product And Service Other $26,998,000 $16,745,000 $15,702,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023
Options Segment $234,105,000 $133,567,000 $116,745,000
International Segment -$957,000 -$10,794,000 -$4,538,000
Equities Segment -$12,014,000 -$27,148,000 -$36,493,000
Futures Segment -$56,840,000 -$47,212,000 -$29,170,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023
Options Segment 21.1% 15.7% 14.8%
Equities Segment -7.8% -14.5% -22.1%
Futures Segment -64.7% -49.1% -34.8%
International Segment -6.5% -326% -139.9%
Key facts CIK 1438472 CUSIP 59356Q108 13F (30d) 7 filings 7 filers Visit website Investor relations