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
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