Morgan Stanley (MS) Accumulated Expenses (2010 - 2026)
Morgan Stanley (MS) posted quarterly 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% quarter-over-quarter from $29.6 billion in Q4 2025.
Morgan Stanley (MS) Accumulated Expenses (2010 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Accumulated Expenses for 17 consecutive years, with $27.8 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses rose 8.4% year-over-year to $27.8 billion; the TTM figure through Mar 2026 stood at $27.8 billion (up 8.4% YoY), while the FY2025 annual figure was $29.6 billion, up 4.96% from the prior year.
- Accumulated Expenses slipped to $27.8 billion in Q1 2026 per MS'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.
- Historically, Accumulated Expenses has averaged $26.7 billion across 5 years, with a median of $26.6 billion in 2022.
- Annual changes were most pronounced in 2022 — Accumulated Expenses retreated 14.65% — and 2024, when it grew 10.23%.
- Morgan Stanley's Accumulated Expenses stood at $27.4 billion in 2022, then grew by 2.92% to $28.2 billion in 2023, then gained by 0.25% to $28.2 billion in 2024, then climbed by 4.96% to $29.6 billion in 2025, then declined by 6.27% to $27.8 billion in 2026.
- Business Quant data shows MS's Accumulated Expenses at $27.8 billion in Q1 2026, $29.6 billion in Q4 2025, and $28.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |