Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026)

Miami International Holdings (MIAX) reported Cost of Revenue of $1.3 million for Q1 2026, up 0.86% on a YoY basis from $1.3 million in Q1 2025, and down 99.47% quarter-over-quarter from $244.9 million in Q4 2025.

Miami International Holdings (MIAX) Cost of Revenue (2024 - 2026) Analysis & Trends

Miami International Holdings has reported Cost of Revenue for 3 years, with the latest figure 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.
  • The five-year high for Cost of Revenue was $244.9 million in Q4 2025, with the low at $1.1 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $80.0 million across 3 years, with a median of $1.3 million in 2024.
  • Annual changes were most pronounced in 2025 — Cost of Revenue surged 23160.49% — and 2026, when it increased 0.86%.
  • Miami International Holdings' Cost of Revenue stood at $1.1 million in 2024, then surged by 23160.49% to $244.9 million in 2025, then tumbled 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 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 107.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 39,000.00
10 Miami International Holdings 3.44 Bn 2.88 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