Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026)
Miami International Holdings (MIAX) posted Cost of Revenue of $1.3 million for Q1 2026, down 99.47% quarter-over-quarter from $244.9 million in Q4 2025, and up 0.86% year-on-year from $1.3 million in Q1 2025.
Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026) Analysis & Trends
Miami International Holdings (MIAX) has reported Cost of Revenue for 3 consecutive years, with $1.3 million the latest figure, recorded in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $1.3 million, up 0.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $477.8 million (changed N/A YoY), and the FY2025 annual result was $933.5 million, up 19873.11% from the prior year.
- Cost of Revenue was $1.3 million for Q1 2026 at Miami International Holdings, down from $244.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $244.9 million in Q4 2025 and troughed at $1.1 million in Q4 2024.
- Average Cost of Revenue over 3 years is $80.0 million, with a median of $1.3 million recorded in 2024.
- Year-over-year, Cost of Revenue jumped 23160.49% in 2025 and gained 0.86% in 2026.
- Over 3 years, Cost of Revenue stood at $1.1 million in 2024, then surged by 23160.49% to $244.9 million in 2025, then slumped by 99.47% to $1.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $1.3 million in Q1 2026, $244.9 million in Q4 2025, and $230.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 107.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 6.62 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 39,000.00 |
| 10 | Miami International Holdings | 3.59 Bn | 3.03 Bn | 128.59 Mn | 1.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.29 Mn |
| Mar 31, 2026 | 1.29 Mn |
| Dec 31, 2025 | 244.93 Mn |
| Dec 31, 2025 | 244.93 Mn |
| Sep 30, 2025 | 230.30 Mn |
| Sep 30, 2025 | 230.30 Mn |
| Mar 31, 2025 | 1.28 Mn |
| Mar 31, 2025 | 1.28 Mn |
| Dec 31, 2024 | 1.05 Mn |
| Dec 31, 2024 | 1.05 Mn |
| Sep 30, 2024 | 1.33 Mn |
| Sep 30, 2024 | 1.33 Mn |