Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026)
Miami International Holdings' Cost of Revenue came in at $246.52 million for the quarter ended Jun 30, 2026, up 10.5% from $223.12 million a year earlier and up 2.2% from the prior quarter.
Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Miami International Holdings reported Cost of Revenue of $962.84 million, up 6.1% year-over-year; for the year ended Dec 31, 2025, it came in at $933.54 million, up 8.0% from the prior year.
- Going back by year, Cost of Revenue was $864.43 million in the year ended Dec 31, 2024 (+6.9%) and $808.54 million in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Cost of Revenue in data going back to the quarter ended Sep 30, 2024.
- Year-over-year, Cost of Revenue has increased for four consecutive quarters, with growth averaging 6.3% over the last four quarters.
- Business Quant data shows MIAX's Cost of Revenue at $241.1 million (quarter ended Mar 31, 2026), $244.93 million (quarter ended Dec 31, 2025) and $230.3 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 1.03 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 711.20 Mn |
| 10 | Miami International Holdings | 3.26 Bn | 707.80 Mn | 141.11 Mn | 246.52 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 246.52 Mn |
| Mar 31, 2026 | 241.10 Mn |
| Dec 31, 2025 | 244.93 Mn |
| Sep 30, 2025 | 230.30 Mn |
| Jun 30, 2025 | 223.12 Mn |
| Mar 31, 2025 | 235.19 Mn |
| Dec 31, 2024 | 242.19 Mn |
| Sep 30, 2024 | 207.10 Mn |
Miami International Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MIAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MIAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MIAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();