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MIAX

Miami International·NYSE
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MIAX fundamentals

Miami International (MIAX) released its earnings on Nov 5, 2025: revenue was 109.50M (YoY -60.42%), beat estimates; EPS was 0.42 (YoY +940.00%), beat estimates.
Revenue / YoY
109.50M
-60.42%
EPS / YoY
0.42
+940.00%
Report date
Nov 5, 2025
MIAX Earnings Call Summary for Q3,2025
  • Revenue Surge: 57% YoY growth to $109 million, fueled by 17.2% market share in options and $4.7 million from TISE acquisition.
  • Balance Sheet Strength: $401 million cash post-IPO, debt reduced by $140 million.
  • Technology Edge: MIAX Sapphire floor captured 6.5% of industry floor volume in October, with Bloomberg index futures set to launch Q1 2026.
  • Profitability Leap: Adjusted EBITDA up 157% to $48 million (44% margin), driven by cost control and scale.
  • Growth Catalysts: Short-dated options, European expansion via TISE, and futures product diversification.
EPS
Revenue

Revenue & Expenses

MIAX has released its 2025 Q3 earnings report, with revenue of 339.78M, reflecting a YoY change of 22.82%, and net profit of -102.08M, showing a YoY change of -3085.02%. The Sankey diagram below clearly presents MIAX's revenue sources and cost distribution.

Key Indicators

Miami International (MIAX) key financial stats and ratios, covering profitability, financial health, and leverage.
Miami International (MIAX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Miami International (MIAX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Miami International (MIAX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Miami International (MIAX) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Miami International (MIAX) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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