Morgan Stanley MS
NYSE MS
$214.38 +1.67 (+0.79%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Morgan Stanley's (MS) quarterly Accumulated Expenses came in at $31.6 billion in Q2 2026, up 15.0% year-over-year from $27.5 billion in Q2 2025, and up 13.73% quarter-over-quarter from $27.8 billion in Q1 2026.

Analysis

Morgan Stanley (MS) Accumulated Expenses (2010 - 2026) Analysis & Trends

Morgan Stanley (MS) has reported Accumulated Expenses for 17 consecutive years, with $31.6 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Accumulated Expenses rose 15.0% year-over-year to $31.6 billion in Q2 2026; TTM through Jun 2026 was $31.6 billion, a 15.0% increase from a year earlier, with the FY2025 full-year figure at $29.6 billion, up 4.96% from the prior year.
  • Accumulated Expenses was $31.6 billion for Q2 2026 at Morgan Stanley, up from $27.8 billion in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $31.6 billion in Q2 2026 and troughed at $23.8 billion in Q1 2024.
  • A 5-year average of $27.0 billion and a median of $27.0 billion in 2022 frame the typical range for Accumulated Expenses.
  • Across the five-year window, Accumulated Expenses fell 14.65% in 2022 and rose 15.0% in 2026, its largest moves.
  • Over 5 years, Accumulated Expenses stood at $27.4 billion in 2022, then advanced by 2.92% to $28.2 billion in 2023, then increased by 0.25% to $28.2 billion in 2024, then gained by 4.96% to $29.6 billion in 2025, then advanced by 6.61% to $31.6 billion in 2026.
  • The last three Accumulated Expenses figures came in at $31.6 billion (Q2 2026), $27.8 billion (Q1 2026), and $29.6 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of America 439.96 Bn -148.54 Bn 30.39 Bn
2 Morgan Stanley 336.99 Bn 176.86 Bn -
3 Goldman Sachs 299.92 Bn -676.43 Bn -
4 Royal Bank Of Canada 288.24 Bn 61.39 Bn -
5 Mitsubishi Ufj Financial 283.40 Bn -100.92 Bn 10.89 Bn
6 Wells Fargo & Company 273.32 Bn 71.49 Bn -
7 Banco Santander 219.61 Bn 227.22 Bn 28.01 Bn
8 American Express 219.16 Bn 169.84 Bn 17.99 Bn
9 Toronto Dominion Bank 204.38 Bn 43.05 Bn -
10 Schwab Charles 185.52 Bn 111.93 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 31.58 Bn
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