Miami International Holdings (MIAX) Operating Margin (2024 - 2026)
Miami International Holdings (MIAX) reported Operating Margin of 7.17% for the quarter ended Jun 30, 2026, down 1.15 percentage points from 8.33% a year earlier and down 5.26 percentage points from the prior quarter.
Miami International Holdings (MIAX) Operating Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Miami International Holdings' Operating Margin came in at 7.92%, up 3.49 percentage points year-over-year; for the year ended Dec 31, 2025, it was 6.74%, up 6.99 percentage points from the prior year.
- By year, Operating Margin came in at -0.25% in the year ended Dec 31, 2024 (+0.03 pp) and -0.28% in the year ended Dec 31, 2023.
- Five-year quarterly Operating Margin spans a low of -0.42% in the quarter ended Sep 30, 2024 and a high of 12.43% in the quarter ended Mar 31, 2026.
- Year over year, Operating Margin gained in three of the last four quarters, with an average year-over-year change of +3.53 percentage points.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 12.43% (quarter ended Mar 31, 2026), 11.56% (quarter ended Dec 31, 2025) and -0.09% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating 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 | - | 64.89% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 38.52% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 28.12% |
| 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 | 32.99% |
| 10 | Miami International Holdings | 3.34 Bn | 795.56 Mn | 141.11 Mn | 7.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.17% |
| Mar 31, 2026 | 12.43% |
| Dec 31, 2025 | 11.56% |
| Sep 30, 2025 | -0.09% |
| Jun 30, 2025 | 8.33% |
| Mar 31, 2025 | 6.82% |
| Dec 31, 2024 | 2.21% |
| Sep 30, 2024 | -0.42% |
Miami International Holdings Operating 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=operating-margin&ticker=MIAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MIAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();