Miami International Holdings Inc (MIAX) FinancialsMIAXMiami International Holdings Inc

Miami International Holdings, Inc. (MIAX) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Options, accounting for 82.6% of total sales, equivalent to $305.45M. Other significant revenue streams include equities and Futures. Understanding this composition is critical for investors evaluating how MIAX navigates market cycles within the Financial & Commodity Market Operators & Service Providers industry.

Evaluating the bottom line, Miami International Holdings, Inc. maintains a gross margin of 37.83%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 18.48%, while the net margin is 12.67%. These profitability ratios, combined with a Return on Equity (ROE) of 18.14%, provide a clear picture of how effectively MIAX converts its operational activities into shareholder value.

In the context of the broader market, MIAX competes directly with industry leaders such as PJT and LCLN. With a market capitalization of $3.06B, it holds a significant position in the sector. When comparing efficiency, MIAX's gross margin of 37.83% stands against PJT's N/A and LCLN's N/A. Such benchmarking helps identify whether Miami International Holdings, Inc. is trading at a premium or discount relative to its financial performance.

The company has shown a recent increase in net income, with Q2 2026 reporting $44.2 million, and a gross margin of 37.83%, indicating improving profitability. However, the forward P/E is currently at 0, which suggests uncertainty in future earnings expectations.