MIAXMiami International Holdings, Inc.

$43.39

$30.7452 weeks$56.84

Price

$43.39

1M+4.2%1Y-

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Below average

3/10

Value42

Quality49

Momentum3

Growth56

Strongest Growth, weakest Momentum · ranked vs Financial Services peers. The five questions below judge the company on its own terms.

What they do

We are a technology-driven leader in building and operating regulated financial marketplaces across multiple asset classes and geographies. Our MIAX Exchanges, MIAX Futures Exchange and Bermuda Stock Exchange marketplaces are enabled by our in-house built, proprietary technology. We believe the speed and performance of our proprietary technology coupled with our fully integrated, award-winning customer service, sets us apart from our competitors.

In the company’s own words · 10-K filed Mar 6, 2026 · SEC EDGAR

P/E (TTM)48.2

Market Cap$3.57B

1Y Return-

5Y Return-

Business segments

Q1 2026 · $369.7M

The company’s own SEC segment disclosure.

Transaction And Clearing Fees$315.4M85%
Access Fees$33.4M9%
Market Data Fees$13.0M4%
Product And Service Other$8.0M2%

Miami International Holdings, Inc. (MIAX) reported revenue of $370M in Q1 2026 (quarter ended March 31, 2026), up 13% from the same quarter a year earlier. That came with a gross margin of 35% and net income of $170M (46% of revenue). For the full year FY2025, revenue was $1.36B (+20% year on year) and net income −$70M. Its largest product in 2026-Q1 was Transaction And Clearing Fees at $315M, 85% of the disclosed total, just ahead of Access Fees at 9.0%.

Raw charts

7 series · TTM

As reported to the SEC, without any scoring.

Capital Markets

Ranks #36 of 40 by Smart Score

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