Morgan Stanley (MS-PF) Trading Income (2009 - 2026)

Morgan Stanley has disclosed Trading Income across 18 years of filings, most recently posting $6.7 billion for Q1 2026.

• In Q1 2026, Trading Income rose 31.68% year-over-year to $6.7 billion; the TTM figure through Mar 2026 stood at $20.2 billion (up 18.52% YoY), while the FY2025 annual figure was $18.6 billion, up 10.7% from the prior year.
• Trading Income improved to $6.7 billion in Q1 2026, from $3.7 billion in the prior quarter.
• Over the last five years, Trading Income for MS-PF reached as high as $6.7 billion in Q1 2026 and fell as low as $3.0 billion in Q4 2022.
• The 5-year median for Trading Income is $4.0 billion (2022), against an average of $4.2 billion.
• Annual changes were most pronounced in 2022 — Trading Income dropped 5.73% — and 2026, when it jumped 31.68%.
• A 5-year view of Trading Income shows it stood at $3.0 billion in 2022, then climbed by 9.55% to $3.3 billion in 2023, then climbed by 14.31% to $3.8 billion in 2024, then dropped by 2.59% to $3.7 billion in 2025, then jumped by 82.88% to $6.7 billion in 2026.
• According to Business Quant data, Trading Income over the past three periods registered $6.7 billion, $3.7 billion, and $5.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.