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
DateValue
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