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Morgan Stanley (MS) Accumulated Expenses (2016 - 2026)

Morgan Stanley has reported Accumulated Expenses over the past 16 years, most recently at $29.6 billion for Q4 2025.

  • Quarterly Accumulated Expenses rose 4.96% to $29.6 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $29.6 billion through Dec 2025, up 4.96% year-over-year, with the annual reading at $29.6 billion for FY2025, 4.96% up from the prior year.
  • Accumulated Expenses was $29.6 billion for Q4 2025 at Morgan Stanley, up from $28.9 billion in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $30.9 billion in Q3 2021 and troughed at $23.8 billion in Q1 2024.
  • The 5-year median for Accumulated Expenses is $27.0 billion (2022), against an average of $26.9 billion.
  • Year-over-year, Accumulated Expenses surged 34.56% in 2021 and then dropped 14.65% in 2022.
  • A 5-year view of Accumulated Expenses shows it stood at $29.3 billion in 2021, then decreased by 6.65% to $27.4 billion in 2022, then rose by 2.92% to $28.2 billion in 2023, then rose by 0.25% to $28.2 billion in 2024, then increased by 4.96% to $29.6 billion in 2025.
  • Per Business Quant, the three most recent readings for MS's Accumulated Expenses are $29.6 billion (Q4 2025), $28.9 billion (Q3 2025), and $27.5 billion (Q2 2025).