Morgan Stanley (MS-PQ) Trading Income (2009 - 2026)
Morgan Stanley (MS-PQ) reported Trading Income of $6.7 billion for Q1 2026, up 31.68% year-over-year from $5.1 billion in Q1 2025, and up 82.88% on a QoQ basis from $3.7 billion in Q4 2025.
Morgan Stanley (MS-PQ) has 18 years of Trading Income data on file, last reported at $6.7 billion in Q1 2026.
- Quarterly Trading Income rose 31.68% year-over-year to $6.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.2 billion (up 18.52% YoY) and the FY2025 annual result came in at $18.6 billion, up 10.7% from the prior year.
- Trading Income climbed to $6.7 billion in Q1 2026 per MS-PQ's latest filing, from $3.7 billion in the prior quarter.
- Across five years, Trading Income topped out at $6.7 billion in Q1 2026 and bottomed at $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.
- The widest annual swing landed in 2022, when Trading Income decreased 5.73%; it then surged 31.68% in 2026.
- Tracing MS-PQ's Trading Income over 5 years: stood at $3.0 billion in 2022, then gained by 9.55% to $3.3 billion in 2023, then gained by 14.31% to $3.8 billion in 2024, then decreased by 2.59% to $3.7 billion in 2025, then surged by 82.88% to $6.7 billion in 2026.
- Per Business Quant, the three latest MS-PQ Trading Income figures stand at $6.7 billion (Q1 2026), $3.7 billion (Q4 2025), and $5.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Trading Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 6.73 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 | - | - | - | 6.73 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.73 Bn |
| Dec 31, 2025 | 3.68 Bn |
| Sep 30, 2025 | 5.02 Bn |
| Jun 30, 2025 | 4.75 Bn |
| Mar 31, 2025 | 5.11 Bn |
| Dec 31, 2024 | 3.78 Bn |
| Sep 30, 2024 | 4.00 Bn |
| Jun 30, 2024 | 4.13 Bn |
| Mar 31, 2024 | 4.85 Bn |
| Dec 31, 2023 | 3.31 Bn |
| Sep 30, 2023 | 3.68 Bn |
| Jun 30, 2023 | 3.80 Bn |
| Mar 31, 2023 | 4.48 Bn |
| Dec 31, 2022 | 3.02 Bn |
| Sep 30, 2022 | 3.33 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 3.98 Bn |
| Dec 31, 2021 | 2.39 Bn |
| Sep 30, 2021 | 2.86 Bn |
| Jun 30, 2021 | 3.33 Bn |
| Mar 31, 2021 | 4.23 Bn |
| Dec 31, 2020 | 3.23 Bn |
| Sep 30, 2020 | 3.15 Bn |
| Jun 30, 2020 | 4.80 Bn |
| Mar 31, 2020 | 2.80 Bn |
| Dec 31, 2019 | 2.49 Bn |
| Sep 30, 2019 | 2.61 Bn |
| Jun 30, 2019 | 2.73 Bn |
| Mar 31, 2019 | 3.44 Bn |
| Dec 31, 2018 | 1.74 Bn |
| Sep 30, 2018 | 2.75 Bn |
| Jun 30, 2018 | 3.29 Bn |
| Mar 31, 2018 | 3.77 Bn |
| Dec 31, 2017 | 2.25 Bn |
| Sep 30, 2017 | 2.70 Bn |
| Jun 30, 2017 | 2.93 Bn |
| Mar 31, 2017 | 3.24 Bn |
| Dec 31, 2016 | 2.79 Bn |
| Sep 30, 2016 | 2.61 Bn |
| Jun 30, 2016 | 2.75 Bn |
| Mar 31, 2016 | 2.07 Bn |
| Dec 31, 2015 | 1.47 Bn |
| Sep 30, 2015 | 2.03 Bn |
| Jun 30, 2015 | 2.97 Bn |
| Mar 31, 2015 | 3.65 Bn |
| Dec 31, 2014 | 1.45 Bn |
| Sep 30, 2014 | 2.45 Bn |
| Jun 30, 2014 | 2.52 Bn |
| Mar 31, 2014 | 2.96 Bn |
| Dec 31, 2013 | 1.51 Bn |
| Sep 30, 2013 | 2.26 Bn |
| Jun 30, 2013 | 2.89 Bn |
| Mar 31, 2013 | 2.69 Bn |
| Dec 31, 2012 | 1.51 Bn |
| Sep 30, 2012 | 607.00 Mn |
| Jun 30, 2012 | 2.47 Bn |
| Mar 31, 2012 | 2.40 Bn |
| Dec 31, 2011 | 963.00 Mn |
| Sep 30, 2011 | 4.96 Bn |
| Jun 30, 2011 | 3.48 Bn |
| Mar 31, 2011 | 2.98 Bn |
| Dec 31, 2010 | 841.00 Mn |
| Sep 30, 2010 | 1.44 Bn |
| Jun 30, 2010 | 3.35 Bn |
| Mar 31, 2010 | 3.76 Bn |
| Dec 31, 2009 | 1.19 Bn |
| Sep 30, 2009 | 3.40 Bn |
| Jun 30, 2009 | 1.73 Bn |
| Mar 31, 2009 | 1.36 Bn |