$MIAX

Miami International Holdings, Inc. (MIAX) Q3 Revenue Up 20% to $131M; Adj. EBITDA Up 47%

Miami International Holdings reported Q3 2026 revenue of $131.0M, up 20% YoY, with adjusted EBITDA of $70.8M (54% margin) and adjusted diluted EPS of $0.45. Options ADV rose 15% YoY to 11.1M contracts, and options market share reached 17.4%.

Original reporting
Published Oct 29, 2026, 8:10 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 29, 2026, 8:18 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Miami International Holdings, Inc. (MIAX) Q3 Revenue Up 20% to $131M; Adj. EBITDA Up 47% — source image
Decision brief

The 30-second read

$MIAXBullishHigh
01

Why it matters

The earnings beat may attract new capital and improve market perception of MIAX's growth trajectory.

02

Market read

First-report earnings data for a mid-cap exchange operator, offering a clear trading catalyst.

03

What to watch

Potential concerns about GAAP profitability and sustainability of growth.

Relevance 7/10Novelty 8/10Timing: after-hours

Background

Miami International Holdings (MIAX) released its Q3 2026 earnings, showing revenue and EBITDA growth.

Company-level read

Ticker impact

$MIAXBullishHigh confidence
Context

Q3 2026 revenue up 20% YoY to $131M and adjusted EBITDA up 47% to $70.8M.

Expected impact

likely upside as investors price in the revenue and margin expansion

Evidence & confidence

The earnings beat and margin improvement are fresh primary data that can drive buying pressure.

Market effects

Positive signal for the options and futures brokerage sector, may lift peers.

U.S. market participants may adjust exposure to exchange operators.

Limited to U.S. listed exchange operators; modest global effect.

Counterpoint

If the earnings beat is already priced in, the stock could face short-term profit taking.

Key entities

  • Miami International Holdings

    U.S.-listed exchange operator reporting Q3 earnings.

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