Morgan Stanley (MS) Cash from Operations (2010 - 2026)
Morgan Stanley's (MS) quarterly Cash from Operations came in at -$2.7 billion in Q2 2026, down 123.22% year-over-year from $11.8 billion in Q2 2025, and up 61.3% quarter-over-quarter from -$7.1 billion in Q1 2026.
Powered by 
Analysis
Morgan Stanley (MS) Cash from Operations (2010 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Cash from Operations for 17 consecutive years, with -$2.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations fell 123.22% year-over-year to -$2.7 billion in Q2 2026; TTM through Jun 2026 was -$15.6 billion, a 11.79% increase from a year earlier, with the FY2025 full-year figure at -$17.9 billion, down 1413.44% from the prior year.
- Cash from Operations was -$2.7 billion for Q2 2026 at Morgan Stanley, up from -$7.1 billion in the prior quarter.
- Over five years, Cash from Operations peaked at $14.9 billion in Q2 2022 and troughed at -$24.0 billion in Q1 2025.
- A 5-year average of -$3.7 billion and a median of -$3.0 billion in 2025 frame the typical range for Cash from Operations.
- Across the five-year window, Cash from Operations tumbled 4227.62% in 2023 and surged 368.48% in 2025, its largest moves.
- Over 5 years, Cash from Operations stood at -$14.0 billion in 2022, then dropped by 26.84% to -$17.8 billion in 2023, then jumped by 166.47% to $11.8 billion in 2024, then plunged by 120.42% to -$2.4 billion in 2025, then slipped by 13.98% to -$2.7 billion in 2026.
- The last three Cash from Operations figures came in at -$2.7 billion (Q2 2026), -$7.1 billion (Q1 2026), and -$2.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - | - |
| 2 | Bank Of America | 394.48 Bn | -194.01 Bn | 30.39 Bn | 29.04 Bn |
| 3 | Hsbc Holdings | 348.97 Bn | 349.02 Bn | - | - |
| 4 | Morgan Stanley | 314.73 Bn | 154.60 Bn | - | -2.75 Bn |
| 5 | Royal Bank Of Canada | 285.58 Bn | 58.73 Bn | - | 25.17 Bn |
| 6 | Goldman Sachs | 276.87 Bn | -699.48 Bn | - | 6.11 Bn |
| 7 | Mitsubishi Ufj Financial | 274.03 Bn | -110.29 Bn | 10.89 Bn | - |
| 8 | Wells Fargo & Company | 251.82 Bn | 49.99 Bn | - | 6.78 Bn |
| 9 | Banco Santander | 212.85 Bn | 220.46 Bn | 28.01 Bn | 31.76 Bn |
| 10 | Toronto Dominion Bank | 207.22 Bn | 45.89 Bn | - | -4.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.75 Bn |
| Mar 31, 2026 | -7.10 Bn |
| Dec 31, 2025 | -2.41 Bn |
| Sep 30, 2025 | -3.33 Bn |
| Jun 30, 2025 | 11.83 Bn |
| Mar 31, 2025 | -23.98 Bn |
| Dec 31, 2024 | 11.80 Bn |
| Sep 30, 2024 | -17.32 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 4.36 Bn |
| Dec 31, 2023 | -17.75 Bn |
| Sep 30, 2023 | 3.75 Bn |
| Jun 30, 2023 | -9.67 Bn |
| Mar 31, 2023 | -9.87 Bn |
| Dec 31, 2022 | -14.00 Bn |
| Sep 30, 2022 | -7.55 Bn |
| Jun 30, 2022 | 14.91 Bn |
| Mar 31, 2022 | 239.00 Mn |
| Dec 31, 2021 | 349.00 Mn |
| Sep 30, 2021 | 2.13 Bn |
API Access
Morgan Stanley Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();