Morgan Stanley (MS-PQ) Accumulated Expenses (2010 - 2026)

Morgan Stanley (MS-PQ) reported Accumulated Expenses of $27.8 billion for Q1 2026, up 8.4% year-over-year from $25.6 billion in Q1 2025, and down 6.27% on a QoQ basis from $29.6 billion in Q4 2025.

Morgan Stanley (MS-PQ) has 17 years of Accumulated Expenses data on file, last reported at $27.8 billion in Q1 2026.

  • Quarterly Accumulated Expenses rose 8.4% year-over-year to $27.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.8 billion (up 8.4% YoY) and the FY2025 annual result came in at $29.6 billion, up 4.96% from the prior year.
  • Accumulated Expenses fell to $27.8 billion in Q1 2026 per MS-PQ's latest filing, from $29.6 billion in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $29.6 billion in Q4 2025 and bottomed at $23.8 billion in Q1 2024.
  • The 5-year median for Accumulated Expenses is $26.6 billion (2022), against an average of $26.7 billion.
  • The widest annual swing landed in 2022, when Accumulated Expenses declined 14.65%; it then advanced 10.23% in 2024.
  • Tracing MS-PQ's Accumulated Expenses over 5 years: stood at $27.4 billion in 2022, then gained by 2.92% to $28.2 billion in 2023, then grew by 0.25% to $28.2 billion in 2024, then rose by 4.96% to $29.6 billion in 2025, then decreased by 6.27% to $27.8 billion in 2026.
  • Per Business Quant, the three latest MS-PQ Accumulated Expenses figures stand at $27.8 billion (Q1 2026), $29.6 billion (Q4 2025), and $28.9 billion (Q3 2025).

Peer Comparison

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

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 27.76 Bn
Dec 31, 2025 29.62 Bn
Sep 30, 2025 28.85 Bn
Jun 30, 2025 27.46 Bn
Mar 31, 2025 25.61 Bn
Dec 31, 2024 28.22 Bn
Sep 30, 2024 28.70 Bn
Jun 30, 2024 25.94 Bn
Mar 31, 2024 23.83 Bn
Dec 31, 2023 28.15 Bn
Sep 30, 2023 26.03 Bn
Jun 30, 2023 25.18 Bn
Mar 31, 2023 24.03 Bn
Dec 31, 2022 27.35 Bn
Sep 30, 2022 26.36 Bn
Jun 30, 2022 26.61 Bn
Mar 31, 2022 24.21 Bn
Dec 31, 2021 29.30 Bn
Sep 30, 2021 30.88 Bn
Jun 30, 2021 27.81 Bn
Mar 31, 2021 23.97 Bn
Dec 31, 2020 25.60 Bn
Sep 30, 2020 22.95 Bn
Jun 30, 2020 21.31 Bn
Mar 31, 2020 19.82 Bn
Dec 31, 2019 21.16 Bn
Sep 30, 2019 19.35 Bn
Jun 30, 2019 18.57 Bn
Mar 31, 2019 17.49 Bn
Dec 31, 2018 17.20 Bn
Sep 30, 2018 17.09 Bn
Jun 30, 2018 15.97 Bn
Mar 31, 2018 14.27 Bn
Dec 31, 2017 17.16 Bn
Sep 30, 2017 16.29 Bn
Jun 30, 2017 15.04 Bn
Mar 31, 2017 13.63 Bn
Dec 31, 2016 15.90 Bn
Sep 30, 2016 15.18 Bn
Jun 30, 2016 14.11 Bn
Mar 31, 2016 13.30 Bn
Dec 31, 2015 18.71 Bn
Sep 30, 2015 427.00 Mn
Jun 30, 2015 283.00 Mn
Mar 31, 2015 245.00 Mn
Dec 31, 2014 219.00 Mn
Sep 30, 2014 14.88 Bn
Dec 31, 2013 16.67 Bn
Dec 31, 2012 2.69 Bn
Sep 30, 2012 3.35 Bn
Jun 30, 2012 3.17 Bn
Mar 31, 2012 2.71 Bn
Dec 31, 2011 2.29 Bn
Sep 30, 2011 2.79 Bn
Jun 30, 2011 3.07 Bn
Mar 31, 2011 2.66 Bn
Dec 31, 2010 2.57 Bn