MIAX Q3 net revenue rose 20% to $131.0 million; GAAP diluted EPS $0.47
Miami International Holdings (MIAX) reported third-quarter 2026 results, with net revenue up 20% to $131.0 million and net income of $52.5 million, compared with a net loss of $102.1 million a year earlier. The company also lowered its 2026 adjusted operating expense guidance to $254 million to $257 million, from $260 million to $270 million, which lowers expected costs for shareholders.
Key points
- Net revenue rose 20%, or $21.5 million, to $131.0 million, driven mainly by the options business
- GAAP net income was $52.5 million versus a net loss of $102.1 million; diluted EPS was $0.47 versus $(1.46)
- Adjusted EBITDA rose 47% to $70.8 million, with margin at 54% versus 44%
- 2026 adjusted operating expense guidance lowered to $254 million to $257 million from $260 million to $270 million
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.