Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026)
Miami International Holdings posted quarterly Cost of Revenue of $1.3 million for Q1 2026, up 0.86% year-on-year from $1.3 million in Q1 2025, and down 99.47% on a QoQ basis from $244.9 million in Q4 2025.
Miami International Holdings (MIAX) has 3 years of Cost of Revenue data on file, last reported at $1.3 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 0.86% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at $477.8 million (changed N/A YoY), and the FY2025 full-year result was $933.5 million, up 19873.11% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.3 million, down from $244.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $244.9 million in Q4 2025 and bottomed at $1.1 million in Q4 2024.
- The 3-year median for Cost of Revenue is $1.3 million (2024), against an average of $80.0 million.
- The widest annual swing landed in 2025, when Cost of Revenue surged 23160.49%; it then increased 0.86% in 2026.
- A 3-year view of Cost of Revenue shows it stood at $1.1 million in 2024, then soared by 23160.49% to $244.9 million in 2025, then slumped by 99.47% to $1.3 million in 2026.
- The last three Cost of Revenue figures came in at $1.3 million (Q1 2026), $244.9 million (Q4 2025), and $230.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 107.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 6.62 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 39,000.00 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Miami International Holdings | 4.25 Bn | 3.69 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 |