MIAX Q3 2025 Earnings — MIAMI INTERNATIONAL HOLDINGS, INC. Revenue & Financial Results | Market Cap Arena

MIAXMIAMI INTERNATIONAL HOLDINGS, INC.

$4B

Q3 2025 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$340M+22.8% YoY

Gross Profit

$109M32.2% margin

Operating Income

-$305,000-0.1% margin

Net Income

-$102M-30.0% margin

EPS (Diluted)

$-1.46

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$50M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$393M

Stockholders' Equity

$832M

Cash & Equivalents

$401M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$340M	$277M	+22.8%
Gross Profit	$109M	$70M	+57.4%
Operating Income	-$305,000	-$1M	+73.7%
Net Income	-$102M	-$3M	-3086.0%