Morgan Stanley (MS-PA) Interest Expenses (2009 - 2026)

Morgan Stanley (MS-PA) reported Interest Expenses of $12.6 billion for Q1 2026, up 10.31% year-over-year from $11.4 billion in Q1 2025, and up 3.89% on a QoQ basis from $12.1 billion in Q4 2025.

Morgan Stanley (MS-PA) has 18 years of Interest Expenses data on file, last reported at $12.6 billion in Q1 2026.

  • Quarterly Interest Expenses rose 10.31% year-over-year to $12.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $50.2 billion (up 9.63% YoY) and the FY2025 annual result came in at $49.0 billion, up 7.67% from the prior year.
  • Interest Expenses rose to $12.6 billion in Q1 2026 per MS-PA's latest filing, from $12.1 billion in the prior quarter.
  • Across five years, Interest Expenses topped out at $13.0 billion in Q3 2025 and bottomed at $434.0 million in Q1 2022.
  • The 5-year median for Interest Expenses is $10.9 billion (2024), against an average of $9.2 billion.
  • The widest annual swing landed in 2022, when Interest Expenses jumped 2046.89%; it then advanced 0.05% in 2024.
  • Tracing MS-PA's Interest Expenses over 5 years: stood at $6.9 billion in 2022, then soared by 58.15% to $10.9 billion in 2023, then rose by 0.05% to $10.9 billion in 2024, then climbed by 10.6% to $12.1 billion in 2025, then gained by 3.89% to $12.6 billion in 2026.
  • Per Business Quant, the three latest MS-PA Interest Expenses figures stand at $12.6 billion (Q1 2026), $12.1 billion (Q4 2025), and $13.0 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 12.57 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 17.08 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 818.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn -
5 Interactive Brokers 39.54 Bn 50.13 Bn - 1.04 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 100.29 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 14.84 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 624,000.00
10 Morgan Stanley - - - 12.57 Bn

Historic Data

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DateValue
Mar 31, 2026 12.57 Bn
Mar 31, 2026 12.57 Bn
Dec 31, 2025 12.10 Bn
Dec 31, 2025 12.10 Bn
Sep 30, 2025 12.97 Bn
Sep 30, 2025 12.97 Bn
Jun 30, 2025 12.56 Bn
Jun 30, 2025 12.56 Bn
Mar 31, 2025 11.40 Bn
Mar 31, 2025 11.40 Bn
Dec 31, 2024 10.94 Bn
Dec 31, 2024 10.94 Bn
Sep 30, 2024 11.99 Bn
Sep 30, 2024 11.99 Bn
Jun 30, 2024 11.46 Bn
Jun 30, 2024 11.46 Bn
Mar 31, 2024 11.13 Bn
Mar 31, 2024 11.13 Bn
Dec 31, 2023 10.93 Bn
Dec 31, 2023 10.93 Bn
Sep 30, 2023 10.15 Bn
Sep 30, 2023 10.15 Bn
Jun 30, 2023 8.90 Bn
Jun 30, 2023 8.90 Bn
Mar 31, 2023 7.63 Bn
Mar 31, 2023 7.63 Bn
Dec 31, 2022 6.91 Bn
Dec 31, 2022 6.91 Bn
Sep 30, 2022 3.59 Bn
Sep 30, 2022 3.59 Bn
Jun 30, 2022 1.33 Bn
Jun 30, 2022 1.33 Bn
Mar 31, 2022 434.00 Mn
Mar 31, 2022 434.00 Mn
Dec 31, 2021 322.00 Mn
Dec 31, 2021 322.00 Mn
Sep 30, 2021 288.00 Mn
Sep 30, 2021 288.00 Mn
Jun 30, 2021 347.00 Mn
Jun 30, 2021 347.00 Mn
Mar 31, 2021 409.00 Mn
Mar 31, 2021 409.00 Mn
Dec 31, 2020 374.00 Mn
Dec 31, 2020 374.00 Mn
Sep 30, 2020 570.00 Mn
Sep 30, 2020 570.00 Mn
Jun 30, 2020 758.00 Mn
Jun 30, 2020 758.00 Mn
Mar 31, 2020 2.15 Bn
Mar 31, 2020 2.15 Bn
Dec 31, 2019 2.52 Bn
Dec 31, 2019 2.52 Bn
Sep 30, 2019 3.13 Bn
Sep 30, 2019 3.13 Bn
Jun 30, 2019 3.48 Bn
Jun 30, 2019 3.48 Bn
Mar 31, 2019 3.28 Bn
Mar 31, 2019 3.28 Bn
Dec 31, 2018 3.12 Bn
Dec 31, 2018 3.12 Bn
Sep 30, 2018 2.69 Bn
Sep 30, 2018 2.69 Bn
Jun 30, 2018 2.39 Bn
Jun 30, 2018 2.39 Bn
Mar 31, 2018 1.89 Bn
Mar 31, 2018 1.89 Bn
Dec 31, 2017 1.59 Bn
Dec 31, 2017 1.59 Bn
Sep 30, 2017 1.56 Bn
Sep 30, 2017 1.56 Bn
Jun 30, 2017 1.36 Bn
Jun 30, 2017 1.36 Bn
Mar 31, 2017 1.19 Bn
Mar 31, 2017 1.19 Bn
Dec 31, 2016 985.00 Mn
Dec 31, 2016 985.00 Mn
Sep 30, 2016 731.00 Mn
Sep 30, 2016 731.00 Mn
Jun 30, 2016 754.00 Mn
Jun 30, 2016 754.00 Mn
Mar 31, 2016 848.00 Mn
Mar 31, 2016 848.00 Mn
Dec 31, 2015 477.00 Mn
Dec 31, 2015 477.00 Mn
Sep 30, 2015 689.00 Mn
Sep 30, 2015 689.00 Mn
Jun 30, 2015 688.00 Mn
Jun 30, 2015 688.00 Mn
Mar 31, 2015 888.00 Mn
Mar 31, 2015 888.00 Mn
Dec 31, 2014 833.00 Mn
Dec 31, 2014 833.00 Mn
Sep 30, 2014 827.00 Mn
Sep 30, 2014 827.00 Mn
Jun 30, 2014 983.00 Mn
Jun 30, 2014 983.00 Mn
Mar 31, 2014 1.04 Bn
Mar 31, 2014 1.04 Bn
Dec 31, 2013 1.05 Bn
Dec 31, 2013 1.05 Bn
Sep 30, 2013 1.15 Bn
Sep 30, 2013 1.15 Bn
Jun 30, 2013 1.06 Bn
Jun 30, 2013 1.06 Bn
Mar 31, 2013 1.21 Bn
Mar 31, 2013 1.21 Bn
Dec 31, 2012 1.28 Bn
Dec 31, 2012 1.28 Bn
Sep 30, 2012 1.53 Bn
Sep 30, 2012 1.53 Bn
Jun 30, 2012 1.48 Bn
Jun 30, 2012 1.48 Bn
Mar 31, 2012 1.60 Bn
Mar 31, 2012 1.60 Bn
Dec 31, 2011 1.39 Bn
Dec 31, 2011 1.39 Bn
Sep 30, 2011 1.61 Bn
Sep 30, 2011 1.61 Bn
Jun 30, 2011 2.03 Bn
Jun 30, 2011 2.03 Bn
Mar 31, 2011 1.85 Bn
Mar 31, 2011 1.85 Bn
Dec 31, 2010 1.69 Bn
Dec 31, 2010 1.69 Bn
Sep 30, 2010 1.75 Bn
Sep 30, 2010 1.75 Bn
Jun 30, 2010 1.61 Bn
Jun 30, 2010 1.61 Bn
Mar 31, 2010 1.37 Bn
Mar 31, 2010 1.37 Bn
Dec 31, 2009 1.19 Bn
Dec 31, 2009 1.19 Bn
Sep 30, 2009 1.35 Bn
Sep 30, 2009 1.35 Bn
Jun 30, 2009 1.85 Bn
Jun 30, 2009 1.85 Bn
Mar 31, 2009 2.31 Bn
Mar 31, 2009 2.31 Bn