Morgan Stanley
MS
NYSE
Financial Services
$207.45
USD
-6.78 (-3.16%)
At close: Aug 20, 2026, 4:00 PM EDT
Market Cap $344.43B
Volume 4.9M
Revenue
$123.68B
TTM
+12.3%
YoY
Gross Margin
59%
TTM
+1.7%
YoY
Net Income
$18.29B
TTM
+26.7%
YoY
Operating Cash Flow
$17.71B
TTM
+192.2%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 |
|---|---|---|---|---|---|
Revenue | 29,134.0 | 29,350.0 | 31,189.0 | 29,989.0 | 33,150.0 |
YoY Growth | +10.9% | +10.8% | +13.9% | +10.4% | +13.8% |
Cost of Revenue | 11,395.0 | 12,558.0 | 12,965.0 | 12,099.0 | 12,570.0 |
Gross Profit | 17,739.0 | 16,792.0 | 18,224.0 | 17,890.0 | 20,580.0 |
Selling, General & Administrative | 2,411.0 | 2,556.0 | 2,557.0 | 2,778.0 | 2,543.0 |
Other Operating Expenses | 2,128.0 | 2,228.0 | 2,197.0 | 2,271.0 | 2,386.0 |
Total Operating Expenses | 12,060.0 | 11,974.0 | 12,196.0 | 12,112.0 | 13,471.0 |
Operating Income | 5,544.0 | 4,622.0 | 6,028.0 | 5,760.0 | 7,011.0 |
EBITDA | 5,544.0 | 4,622.0 | 6,028.0 | 5,760.0 | 7,011.0 |
Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Total Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Income Before Income Taxes | 5,544.0 | 4,622.0 | 6,028.0 | 5,760.0 | 7,011.0 |
Income Taxes | 1,173.0 | 1,047.0 | 1,373.0 | 1,336.0 | 1,373.0 |
Net Income | 4,371.0 | 3,575.0 | 4,655.0 | 4,424.0 | 5,638.0 |
Consolidated Net Income / Loss | 4,371.0 | 3,575.0 | 4,655.0 | 4,424.0 | 5,638.0 |
Net Income Attributable to Common Shareholders | 4,157.0 | 3,392.0 | 4,450.0 | 4,250.0 | 5,411.0 |
Basic EPS | $2.62 | $2.15 | $2.83 | $2.72 | $3.47 |
Diluted EPS | $2.60 | $2.13 | $2.80 | $2.68 | $3.43 |
Basic Shares Outstanding | 1,584.0M | 1,577.0M | 1,571.0M | 1,564.0M | 1,561.0M |
Diluted Shares Outstanding | 1,600.0M | 1,593.0M | 1,590.0M | 1,585.0M | 1,576.0M |