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盈透证券（IBKR）与MIAMI INTERNATIONAL HOLDINGS, INC.（MIAX）财务数据对比。点击上方公司名可切换其他公司
盈透证券的季度营收约是MIAMI INTERNATIONAL HOLDINGS, INC.的4.9倍（$1.7B vs $339.8M）。盈透证券净利率更高（70.2% vs -30.0%，领先100.2%）。MIAMI INTERNATIONAL HOLDINGS, INC.同比增速更快（22.8% vs 17.0%）
盈透证券集团是总部位于美国康涅狄格州格林威治的跨国经纪机构，运营着美国日均营收交易量最高的电子交易平台，2024年日均处理交易达260万笔。作为全球最大的外汇市场经纪商，同时也是头部主经纪商之一，服务商品经纪机构，可提供股票、期权、期货等多品类资产的经纪服务。
迈阿密国际控股旗下的迈阿密航空是美国佛罗里达州迈阿密戴德郡的包机航空公司，以迈阿密国际机场为运营基地，面向全球提供客运包机服务，客户涵盖邮轮公司、职业体育队、美国军方、世界500强企业、演艺人士、政界候选人等多元群体。
IBKR vs MIAX — 直观对比
营收规模更大
IBKR
是对方的4.9倍
$339.8M
营收增速更快
MIAX
高出5.9%
17.0%
净利率更高
IBKR
高出100.2%
-30.0%
损益表 — Q1 2026 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $339.8M |
| 净利润 | $1.2B | $-102.1M |
| 毛利率 | — | 32.2% |
| 营业利润率 | — | -0.1% |
| 净利率 | 70.2% | -30.0% |
| 营收同比 | 17.0% | 22.8% |
| 净利润同比 | 21.5% | -3086.0% |
| 每股收益（稀释后） | $0.59 | $-1.46 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IBKRMIAX
| Q1 26 | $1.7B | — | ||
| Q4 25 | $667.0M | — | ||
| Q3 25 | $603.0M | $339.8M | ||
| Q2 25 | $578.0M | — | ||
| Q1 25 | $592.0M | — | ||
| Q4 24 | $558.0M | — | ||
| Q3 24 | $507.0M | $276.7M | ||
| Q2 24 | $474.0M | — |
净利润IBKRMIAX
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $-102.1M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $964.0M | — | ||
| Q4 24 | $969.0M | — | ||
| Q3 24 | $834.0M | $-3.2M | ||
| Q2 24 | $809.0M | — |
毛利率IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 32.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | — | — |
营业利润率IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -0.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.4% | ||
| Q2 24 | — | — |
净利率IBKRMIAX
| Q1 26 | 70.2% | — | ||
| Q4 25 | 180.1% | — | ||
| Q3 25 | 196.7% | -30.0% | ||
| Q2 25 | 174.0% | — | ||
| Q1 25 | 162.8% | — | ||
| Q4 24 | 173.7% | — | ||
| Q3 24 | 164.5% | -1.2% | ||
| Q2 24 | 170.7% | — |
每股收益（稀释后）IBKRMIAX
| Q1 26 | $0.59 | — | ||
| Q4 25 | $-0.82 | — | ||
| Q3 25 | $0.59 | $-1.46 | ||
| Q2 25 | $0.51 | — | ||
| Q1 25 | $1.94 | — | ||
| Q4 24 | $2.00 | — | ||
| Q3 24 | $1.67 | $-0.05 | ||
| Q2 24 | $1.65 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $5.1B | $401.5M |
| 总债务越低越好 | $12.0M | $6.5M |
| 股东权益账面价值 | $5.6B | $831.9M |
| 总资产 | $218.7B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资IBKRMIAX
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.0B | — | ||
| Q3 25 | $5.1B | $401.5M | ||
| Q2 25 | $4.7B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.6B | $125.1M | ||
| Q2 24 | $3.9B | — |
总债务IBKRMIAX
| Q1 26 | $12.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IBKRMIAX
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.1B | $831.9M | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.1B | $351.4M | ||
| Q2 24 | $3.9B | — |
总资产IBKRMIAX
| Q1 26 | $218.7B | — | ||
| Q4 25 | $203.2B | — | ||
| Q3 25 | $200.2B | $1.2B | ||
| Q2 25 | $181.5B | — | ||
| Q1 25 | $157.7B | — | ||
| Q4 24 | $150.1B | — | ||
| Q3 24 | $148.5B | — | ||
| Q2 24 | $136.6B | — |
负债/权益比IBKRMIAX
| Q1 26 | 0.00× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $120.8M |
| 自由现金流经营现金流 - 资本支出 | — | $102.2M |
| 自由现金流率自由现金流/营收 | — | 30.1% |
| 资本支出强度资本支出/营收 | — | 5.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $4.5B | $120.8M | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $1.6B | — |
自由现金流IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $102.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 30.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率IBKRMIAX
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | — | ||
| Q3 25 | 3.78× | — | ||
| Q2 25 | 7.10× | — | ||
| Q1 25 | 2.68× | — | ||
| Q4 24 | 1.90× | — | ||
| Q3 24 | 4.29× | — | ||
| Q2 24 | 2.00× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IBKR
暂无分部数据
MIAX
| Transferred At Point In Time | $246.7M | 73% |
| Transferred Over Time | $29.9M | 9% |
| Access Fees | $27.1M | 8% |
| Futures Segment | $19.4M | 6% |
| Other | $9.1M | 3% |
| TISEG | $4.7M | 1% |
