Morgan Stanley (MS) Intangibles (2009 - 2026)
Morgan Stanley (MS) posted quarterly Intangibles of $6.0 billion for Q1 2026, down 5.47% year-over-year from $6.3 billion in Q1 2025, and down 0.83% quarter-over-quarter from $6.0 billion in Q4 2025.
Morgan Stanley (MS) Intangibles (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Intangibles for 18 consecutive years, with $6.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles fell 5.47% year-over-year to $6.0 billion; the TTM figure through Mar 2026 stood at $6.0 billion (down 5.47% YoY), while the FY2025 annual figure was $6.0 billion, down 6.87% from the prior year.
- Intangibles declined to $6.0 billion in Q1 2026 per MS's latest filing, from $6.0 billion in the prior quarter.
- Across five years, Intangibles topped out at $8.2 billion in Q1 2022 and bottomed at $6.0 billion in Q1 2026.
- Historically, Intangibles has averaged $7.0 billion across 5 years, with a median of $6.9 billion in 2024.
- Annual changes were most pronounced in 2023 — Intangibles fell 9.39% — and 2026, when it slipped 5.47%.
- Morgan Stanley's Intangibles stood at $7.6 billion in 2022, then fell by 7.39% to $7.1 billion in 2023, then fell by 8.53% to $6.5 billion in 2024, then dropped by 6.87% to $6.0 billion in 2025, then declined by 0.83% to $6.0 billion in 2026.
- Business Quant data shows MS's Intangibles at $6.0 billion in Q1 2026, $6.0 billion in Q4 2025, and $6.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 5.87 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 7.28 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 246.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 3.43 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 1.09 Bn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 446.58 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 14.12 Mn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | 3.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.87 Bn |
| Mar 31, 2026 | 5.96 Bn |
| Dec 31, 2025 | 6.01 Bn |
| Sep 30, 2025 | 6.10 Bn |
| Jun 30, 2025 | 6.19 Bn |
| Mar 31, 2025 | 6.31 Bn |
| Dec 31, 2024 | 6.45 Bn |
| Sep 30, 2024 | 6.62 Bn |
| Jun 30, 2024 | 6.76 Bn |
| Mar 31, 2024 | 6.91 Bn |
| Dec 31, 2023 | 7.06 Bn |
| Sep 30, 2023 | 7.20 Bn |
| Jun 30, 2023 | 7.32 Bn |
| Mar 31, 2023 | 7.47 Bn |
| Dec 31, 2022 | 7.62 Bn |
| Sep 30, 2022 | 7.89 Bn |
| Jun 30, 2022 | 8.05 Bn |
| Mar 31, 2022 | 8.24 Bn |
| Dec 31, 2021 | 8.36 Bn |
| Sep 30, 2021 | 8.51 Bn |