Miami International Holdings (MIAX) Gross Margin (2024 - 2026)

Miami International Holdings (MIAX) posted Gross Margin of 34.78% for Q1 2026, up 3.22% quarter-over-quarter from 33.7% in Q4 2025, and up 669.0% year-on-year from 4.52% in Q1 2025.

Miami International Holdings (MIAX) Gross Margin (2024 - 2026) Analysis & Trends

Miami International Holdings (MIAX) has reported Gross Margin for 3 consecutive years, with 34.78% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 34.78%, up 669.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 32.32% (changed N/A YoY), and the FY2025 annual result was 31.56%, up 738.0% from the prior year.
  • Gross Margin was 34.78% for Q1 2026 at Miami International Holdings, up from 33.7% in the prior quarter.
  • Over five years, Gross Margin peaked at 34.78% in Q1 2026 and troughed at 25.14% in Q3 2024.
  • Average Gross Margin over 3 years is 29.86%, with a median of 30.16% recorded in 2025.
  • Year-over-year, Gross Margin jumped 847 bps in 2025 and surged 669 bps in 2026.
  • Over 3 years, Gross Margin stood at 25.23% in 2024, then surged by 34 bps to 33.7% in 2025, then grew by 3 bps to 34.78% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 34.78% in Q1 2026, 33.7% in Q4 2025, and 32.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 206.12%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 89.97%
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 84.10%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 99.97%
10 Miami International Holdings 3.59 Bn 3.03 Bn 128.59 Mn 34.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 34.78%
Dec 31, 2025 33.70%
Sep 30, 2025 32.22%
Mar 31, 2025 28.09%
Dec 31, 2024 25.23%
Sep 30, 2024 25.14%