Growth Metrics

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

Miami International Holdings posted quarterly Gross Margin of 34.78% for Q1 2026, up 669.0% year-on-year from 4.52% in Q1 2025, and up 3.22% on a QoQ basis from 33.7% in Q4 2025.

Miami International Holdings (MIAX) has 3 years of Gross Margin data on file, last reported at 34.78% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 669.0% year-over-year to 34.78%; the trailing twelve-month figure through Mar 2026 stood at 32.32% (changed N/A YoY), and the FY2025 full-year result was 31.56%, up 738.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 34.78%, up from 33.7% in the prior quarter.
  • Across five years, Gross Margin topped out at 34.78% in Q1 2026 and bottomed at 25.14% in Q3 2024.
  • The 3-year median for Gross Margin is 30.16% (2025), against an average of 29.86%.
  • The widest annual swing landed in 2025, when Gross Margin surged 847 bps; it then soared 669 bps in 2026.
  • A 3-year view of Gross Margin shows it stood at 25.23% in 2024, then soared by 34 bps to 33.7% in 2025, then advanced by 3 bps to 34.78% in 2026.
  • The last three Gross Margin figures came in at 34.78% (Q1 2026), 33.7% (Q4 2025), and 32.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 89.97%
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 84.10%
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 99.97%
9 Tradeweb Markets 21.29 Bn 20.04 Bn - -
10 Miami International Holdings 4.25 Bn 3.69 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%