Miami International Holdings (MIAX) EBITDA (2024 - 2026)
Miami International Holdings' (MIAX) quarterly EBITDA came in at $36.3 million in Q2 2026, up 6.78% on a YoY basis from $34.0 million in Q2 2025, and down 32.24% quarter-over-quarter from $53.6 million in Q1 2026.
Analysis
Miami International Holdings (MIAX) EBITDA (2024 - 2026) Analysis & Trends
Miami International Holdings (MIAX) has reported EBITDA for 3 consecutive years, with $36.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA rose 6.78% year-over-year to $36.3 million; the trailing twelve-month figure through Jun 2026 stood at $147.8 million (up 84.39% YoY), and the FY2025 full-year result was $120.3 million, up 508.18% from the prior year.
- EBITDA declined to $36.3 million in Q2 2026 per MIAX's latest filing, from $53.6 million in the prior quarter.
- Across five years, EBITDA topped out at $53.6 million in Q1 2026 and bottomed at $4.7 million in Q3 2024.
- Historically, EBITDA has averaged $28.5 million across 3 years, with a median of $31.1 million in 2025.
- The sharpest annual moves came in 2025 and 2026: EBITDA surged 282.95% in 2025, then grew 6.78% in 2026.
- Over 3 years, EBITDA stood at $13.2 million in 2024, then soared by 282.95% to $50.4 million in 2025, then slipped by 27.97% to $36.3 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $36.3 million, $53.6 million, and $50.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 101.06 Bn | 101.06 Bn | 1.65 Bn | 1.14 Bn |
| 2 | Intercontinental Exchange | 90.48 Bn | 88.60 Bn | - | 1.39 Bn |
| 3 | Nasdaq | 54.45 Bn | 53.73 Bn | 1.50 Bn | 712.00 Mn |
| 4 | Cboe Global Markets | 31.27 Bn | 28.88 Bn | 731.60 Mn | 487.20 Mn |
| 5 | Tradeweb Markets | 24.86 Bn | 23.51 Bn | - | 252.46 Mn |
| 6 | Marketaxess Holdings | 5.75 Bn | 5.47 Bn | - | 89.88 Mn |
| 7 | Miami International Holdings | 4.18 Bn | 3.51 Bn | 141.11 Mn | 36.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.30 Mn |
| Mar 31, 2026 | 53.57 Mn |
| Dec 31, 2025 | 50.39 Mn |
| Sep 30, 2025 | 7.60 Mn |
| Jun 30, 2025 | 33.99 Mn |
| Mar 31, 2025 | 28.29 Mn |
| Dec 31, 2024 | 13.16 Mn |
| Sep 30, 2024 | 4.74 Mn |