Morgan Stanley (MS-PK) Research & Development (2009 - 2026)
Morgan Stanley (MS-PK) reported Research & Development of $1.1 billion for Q1 2026, up 9.33% year-over-year from $1.1 billion in Q1 2025, and down 1.03% quarter-over-quarter from $1.2 billion in Q4 2025.
Morgan Stanley (MS-PK) Research & Development (2009 - 2026) Analysis & Trends
Morgan Stanley (MS-PK) has 18 years of Research & Development data on file, last reported at $1.1 billion in Q1 2026.
- Research & Development for Q1 2026 came in at $1.1 billion, up 9.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.5 billion (up 8.51% YoY), and the FY2025 annual result was $4.4 billion, up 8.07% from the prior year.
- Research & Development declined to $1.1 billion in Q1 2026 per MS-PK's latest filing, from $1.2 billion in the prior quarter.
- Over five years, Research & Development peaked at $1.2 billion in Q4 2025 and troughed at $829.0 million in Q1 2022.
- A 5-year average of $995.4 million and a median of $987.0 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development rose 13.1% in 2022, then increased 5.79% in 2023.
- A 5-year view of Research & Development shows it stood at $933.0 million in 2022, then rose by 5.79% to $987.0 million in 2023, then gained by 7.29% to $1.1 billion in 2024, then advanced by 9.54% to $1.2 billion in 2025, then retreated by 1.03% to $1.1 billion in 2026.
- Business Quant data shows MS-PK's Research & Development at $1.1 billion in Q1 2026, $1.2 billion in Q4 2025, and $1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 1.15 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 583.00 Mn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 241.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 23.47 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 39.55 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | - |
| 10 | Morgan Stanley | - | - | - | 1.15 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 1.16 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 976.00 Mn |
| Dec 31, 2023 | 987.00 Mn |
| Sep 30, 2023 | 947.00 Mn |
| Jun 30, 2023 | 926.00 Mn |
| Mar 31, 2023 | 915.00 Mn |
| Dec 31, 2022 | 933.00 Mn |
| Sep 30, 2022 | 874.00 Mn |
| Jun 30, 2022 | 857.00 Mn |
| Mar 31, 2022 | 829.00 Mn |
| Dec 31, 2021 | 833.00 Mn |
| Sep 30, 2021 | 788.00 Mn |
| Jun 30, 2021 | 765.00 Mn |