Morgan Stanley
MSNYSEFinancial Services● Active
$211.93
$-6.34(-2.90%)
Market Cap$334.3B
P/E Ratio—
52W High$218.32
52W Low$127.34
Morgan Stanley (MS) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · MS · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $114.98B | $103.14B | $88.29B | $62.48B | $57.78B |
| Cost of Revenue | $49.37B | $45.79B | $38.15B | $12.55B | $1.37B |
| Gross Profit | $65.62B | $57.36B | $50.13B | $49.93B | $56.41B |
| Gross Margin %(computed) | 57.07% | 55.61% | 56.79% | 79.92% | 97.63% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $29.07B | $26.18B | $24.20B | $23.05B | $24.63B |
| Total Operating Expenses | $43.66B | $39.76B | $38.32B | $35.84B | $36.74B |
| Operating Income | $21.95B | $17.60B | $11.81B | $14.09B | $19.67B |
| Operating Margin %(computed) | 19.09% | 17.06% | 13.38% | 22.55% | 34.04% |
| Interest Income | $59.06B | $54.13B | $45.85B | $21.59B | $9.41B |
| Interest Expense | $49.02B | $45.52B | $37.62B | $12.27B | $1.37B |
| Income Before Tax | $21.95B | $17.60B | $11.81B | $14.09B | $19.67B |
| Income Tax Expense | $4.93B | $4.07B | $2.58B | $2.91B | $4.55B |
| Net Income | $16.86B | $13.39B | $9.09B | $11.03B | $15.03B |
| Net Margin %(computed) | 14.66% | 12.98% | 10.29% | 17.65% | 26.02% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $10.34 | $8.04 | $5.24 | $6.23 | $8.16 |
| Wtd Avg Shares | 1.57B | 1.59B | 1.63B | 1.69B | 1.78B |
| EBITDA | $26.61B | $22.76B | $16.07B | $18.09B | $23.88B |
| EBITDA Margin %(computed) | 23.14% | 22.06% | 18.20% | 28.95% | 41.34% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Morgan Stanley (MS) Income Statement
Morgan Stanley (MS) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, MS reported revenue of $114.98B, gross profit of $65.62B (gross margin 57.07%), and net income of $16.86B — a net profit margin of 14.66%.
Frequently asked questions
MS · 4 questionsMorgan Stanley (MS) reported revenue of $114.98B for 2025, up 11.5% year-over-year.
MS revenueMS salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08