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
Download Data
Historic 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 |