Morgan Stanley
Morgan Stanley (MS) Revenue
Annual & quarterly revenue history · segment & region breakdown
MS · revenue · updated Jun 8, 2026
Core revenue metrics
Trailing 12 monthsMorgan Stanley trailing twelve-month (TTM) revenue is $120B, an increase of 11.48% year-over-year from $115B in FY2025.
Revenue trend
2025 – 2006 · AnnualRevenue history
| Fiscal year end | Revenue | Change | Growth |
|---|---|---|---|
| 2025-12-31 | $115B | +$11.84B | +11.48% |
| 2024-12-31 | $103B | +$14.86B | +16.83% |
| 2023-12-31 | $88.29B | +$25.81B | +41.31% |
| 2022-12-31 | $62.48B | +$4.70B | +8.13% |
| 2021-12-31 | $57.78B | +$8.10B | +16.31% |
| 2020-12-31 | $49.68B | -$1.77B | -3.44% |
| 2019-12-31 | $51.45B | +$3.65B | +7.63% |
| 2018-12-31 | $47.80B | +$6.25B | +15.04% |
| 2017-12-31 | $41.55B | +$5.52B | +15.32% |
| 2016-12-31 | $36.03B | +$0.02B | +0.07% |
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Revenue breakdown
Segment & GeographyAbout Revenue & Reporting
Revenue (also called sales, net sales, or turnover) is the total income Morgan Stanley receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.
Morgan Stanley reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.
Data sourced from Morgan Stanley's 10-K and 10-Q SEC filings via Financial Modeling Prep.
Frequently asked questions
MS revenue · 4 questionsMS's trailing twelve-month (TTM) revenue is $120B. That is an increase of 11.48% year-over-year from $115B in FY2025.
▸ Source: FMP · Morgan Stanley SEC filings · GAAP · Morgan Stanley SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026