Latest Earnings Results: Q3 '26
Estimated EPS
$0.37
Reported EPS
$0.45
Surprise
+22.09%
Estimated Rev
$129.38M
Reported Rev
$131.01M
Surprise
+1.26%
• Reported GAAP EPS of $0.45 up 7.14% YoY • Reported revenue of $376.18M up 10.71% YoY • MIAX updated FY 2026 adjusted operating expense guidance to $254M to $257M, down from previous guidance of $260M to $270M; adjusted effective tax rate guidance is 26% to 28%.
Bullish Takeaway
MIAX reported higher Q3 net revenue and adjusted EBITDA with margin expansion, increased options volume and market share, and launched fertilizer futures while making Bloomberg index futures available on NinjaTrader.
Bearish Takeaway
MIAX's options revenue per contract declined, U.S. equities market share and trading volume decreased, and the Futures segment recorded an operating loss and adjusted EBITDA of -8.4M.
Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q4 '26 | $0.43 | -- | -- | N/A |
Q3 '26 | $0.37 | $0.45 | 22.09% | BEAT |
Q2 '26 | $0.41 | $0.48 | 17.52% | BEAT |
Q1 '26 | $0.37 | $0.42 | 14.60% | BEAT |
Q4 '25 | $0.41 | $0.52 | 27.49% | BEAT |