Miami International Holdings MIAX
NYSE MIAX
$44.04 +1.45 (+3.40%)
As of: Aug 24, 2026 · 3:59 PM EDT

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

Miami International Holdings' (MIAX) quarterly Operating Margin came in at 12.43% in Q1 2026, up 562.0% YoY from 1.88% in Q1 2025, and up 7.6% on a QoQ basis from 11.56% in Q4 2025.

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

Miami International Holdings (MIAX) has 3 years of Operating Margin data on file, last reported at 12.43% in Q1 2026.

  • Quarterly Operating Margin rose 562.0% year-over-year to 12.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.87% (changed N/A YoY) and the FY2025 annual result came in at 6.74%, up 699.0% from the prior year.
  • Operating Margin grew to 12.43% in Q1 2026, from 11.56% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 12.43% in Q1 2026 to a low of 0.42% in Q3 2024.
  • A 3-year average of 5.42% and a median of 4.51% in 2025 frame the typical range for Operating Margin.
  • The widest YoY moves for Operating Margin: up 935 bps in 2025, down 33 bps in 2025.
  • Tracing MIAX's Operating Margin over 3 years: stood at 2.21% in 2024, then soared by 423 bps to 11.56% in 2025, then grew by 8 bps to 12.43% in 2026.
  • The last three Operating Margin figures came in at 12.43% (Q1 2026), 11.56% (Q4 2025), and 0.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -
2 Goldman Sachs 311.14 Bn -665.21 Bn - -
3 Schwab Charles 196.95 Bn 123.36 Bn - -
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 35.93%
5 Interactive Brokers 41.71 Bn -22.59 Bn - -
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - -
7 Tradeweb Markets 23.03 Bn 20.97 Bn - 43.88%
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 4.90%
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn 64.41%
10 Miami International Holdings 4.18 Bn 3.51 Bn 141.11 Mn 7.17%

Historic Data

Download Data
DateValue
Jun 30, 2026 7.17%
Mar 31, 2026 12.43%
Dec 31, 2025 11.56%
Sep 30, 2025 -0.09%
Mar 31, 2025 6.82%
Dec 31, 2024 2.21%
Sep 30, 2024 -0.42%