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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›MIAX›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) financials

Income statement

MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue$1.04B$1.14B$1.36B
Revenue growth—9.5%19.6%
Gross profit$232M$276M$431M
Gross margin22.3%24.2%31.6%
Operating income-$2.87M-$2.83M$92.0M
Operating margin-0.3%-0.2%6.7%
Net income-$20.9M$102M-$70.0M
Net margin-2.0%9.0%-5.1%
EPS (diluted)-$0.37$1.39-$1.00

Cash flow

MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow-$49.2M$111M$168M
Capital expenditures$16.2M$26.7M$22.8M
Free cash flow-$65.4M$84.7M$145M
Share buybacks$3.31M$12.4M$21.8M

Balance sheet

MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$59.3M$150M$434M
Total assets—$974M$1.26B
Total liabilities—$606M$378M
Long-term debt—$32.3M$0.00
Shareholders' equity$164M$368M$881M
Retained earnings—-$562M-$632M
Shares (wtd avg diluted)56.5M74.6M69.8M

Every figure is extracted from MIAMI INTERNATIONAL HOLDINGS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is MIAMI INTERNATIONAL HOLDINGS, INC.'s annual revenue?
MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) reported $1.36B of revenue for fiscal year 2025 — up 19.6% from $1.14B in FY2024, per its annual report filed with the SEC.
Is MIAMI INTERNATIONAL HOLDINGS, INC. profitable?
Not in FY2025 — MIAX reported a net loss of $70.0M, per SEC filings.
What is MIAMI INTERNATIONAL HOLDINGS, INC.'s free cash flow?
$145M in FY2025 (operating cash flow $168M minus $22.8M of capital expenditures), from the SEC cash-flow statement.
Does MIAX pay a dividend?
MIAMI INTERNATIONAL HOLDINGS, INC. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full MIAX analysis — verdict, score & filings →Is MIAX a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.