The table below shows Morgan Stanley's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$20.58B
$18.22B
$16.79B
$17.74B
$15.38B
$15.02B
Cost of revenue
-
-
-
-
-
-
Gross profit
-
-
-
-
-
-
R&D
-
-
-
-
-
-
SG&A
MS annual revenue (10-K history)
Morgan Stanley reported annual revenue of $70.64B for fiscal year 2025. That is up 14.4% from $61.76B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $34.63B (FY 2016) to $70.64B. Figures come from the company's audited annual reports as filed with the SEC.
