Miami International Holdings (MIAX) Gross Margin (2024 - 2026)
Miami International Holdings (MIAX) recorded Gross Margin of 36.40% in the quarter ended Jun 30, 2026, up 4.48 percentage points from 31.93% a year earlier and up 1.62 percentage points from the prior quarter.
Miami International Holdings (MIAX) Gross Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Miami International Holdings' Gross Margin came in at 34.34% as of Jun 30, 2026, up 6.64 percentage points year-over-year; for the year ended Dec 31, 2025, it was 31.56%, up 7.38 percentage points from the prior year.
- Across earlier years, Gross Margin came in at 24.18% in the year ended Dec 31, 2024 (+1.85 pp) and 22.33% in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Gross Margin in data going back to the quarter ended Sep 30, 2024.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +6.68 percentage points over the last four quarters.
- Per Business Quant, the preceding three quarters came in at 34.78% (quarter ended Mar 31, 2026), 33.70% (quarter ended Dec 31, 2025) and 32.22% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | - |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | - |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | - |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | - |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 59.24% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | - |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | - |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 50.71% |
| 10 | Miami International Holdings | 3.34 Bn | 795.56 Mn | 141.11 Mn | 36.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.40% |
| Mar 31, 2026 | 34.78% |
| Dec 31, 2025 | 33.70% |
| Sep 30, 2025 | 32.22% |
| Jun 30, 2025 | 31.93% |
| Mar 31, 2025 | 28.09% |
| Dec 31, 2024 | 25.23% |
| Sep 30, 2024 | 25.14% |
Miami International Holdings Gross Margin 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=gross-margin&ticker=MIAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MIAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();