NYSE$MIAX

Miami International Holdings Inc · Q3 2025 earnings

Q3 2025 earnings ·

Briefing

MIAX reported Q3 2025, revenue of $339.8M, diluted EPS of $-1.46.

For Q3 2025, MIAX reported revenue of $339.8M, diluted EPS of $-1.46. Management discusses operating trends, liquidity, and strategic priorities as disclosed in the quarterly filing.

  • Revenue $339.8M.
  • Diluted EPS $-1.46.
  • MIAX updated clinical, capital, or portfolio priorities in the filing.

Headline financials

Total Revenue

$340M

No prior period
EPS (adj)

-$1.46

No prior period
Capital Expenditures

-$18.7M

No prior period
Free Cash Flow

-$121M

No prior period
Net Income

-$102M

No prior period
Operating Income

-$305K

No prior period
Gross Profit

$109M

No prior period
Cash & Equivalents

$401M

No prior period
Total Assets

$1.23B

No prior period

Revenue & EPS history

Miami International Holdings Inc · Revenue · Quarterly

$340M

Q3 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Management discusses MIAX's outlook, capital deployment, and key risks as disclosed in the earnings materials and periodic report.

Tailwinds

  • MIAX cited progress on strategic priorities in the quarterly filing.
  • Liquidity and balance sheet support continued operations and investment.

Headwinds

  • Macro, competitive, and regulatory factors may affect near-term results.
  • R&D, credit, or project timing can create quarter-to-quarter volatility.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+4.1%

Avg return

Earnings day

+9.7%

Avg return

5 days after

-14.1%

Avg return

30 days after

100%

2 / 2 earnings

Positive

+4.6%

Q1 2026

Best reaction

+3.6%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.6%+11.0%-21.9%
Q3 2025+3.6%+8.4%-6.3%

Discussion

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