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Miami International Holdings, Inc. revenue

Miami International Holdings, Inc.'s revenue was $1.36bn in fiscal 2025, up 19.6% on the year before. Over the last twelve months it was $1.50bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue1,0411,1401,3641,503
Growth on the year before—+9.5%+19.6%—
Gross profit232276431525
Gross margin22.3%24.2%31.6%34.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Options $1.1B 81.2% ▲ 30.0%
Equities $153M 11.3% ▼ 18.3%
Futures $87.9M 6.4% ▼ 8.5%
International $14.7M 1.1% ▲ 343.6%
Products and services
Line of business Revenue Share YoY
Transaction and Clearing Fees $1.2B 87.2% ▲ 18.9%
Access Fees $106M 7.8% ▲ 18.4%
Market Data Fees $41.6M 3.0% ▲ 23.6%
Other $27M 2.0% ▲ 61.2%

From Miami International Holdings, Inc.'s 10-K filed March 6, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Financial Exchanges & Data: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Miami International Holdings, Inc. $1.50bn 14.0% —
Tradeweb Markets Inc. $2.28bn 14.4% 21.9%
Factset Research Systems Inc $2.48bn 6.7% 5.9%
Marketaxess Holdings Inc $870m 3.9% 5.9%
Morningstar, Inc. $2.62bn 9.4% 9.9%
MSCI $3.43bn 12.3% 12.4%

Compare with peers

Head to head: MIAX vs TWFDS vs MIAXMIAX vs MKTX

More: Financial Exchanges & Data stocks compared, Financials sector, rankings of US companies

Figures from Miami International Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Miami International Holdings, Inc.