Morgan Stanley MS
NYSE MS
$214.38 +1.67 (+0.79%)
At close: Sep 11, 2026 · 4:00 PM EDT

Morgan Stanley (MS) Other Operating Expenses (2009 - 2026)

Morgan Stanley's (MS) quarterly Other Operating Expenses came in at $12.2 billion in Q2 2026, up 17.18% year-over-year from $10.4 billion in Q2 2025, and up 3.18% quarter-over-quarter from $11.8 billion in Q1 2026.

Analysis

Morgan Stanley (MS) Other Operating Expenses (2009 - 2026) Analysis & Trends

Morgan Stanley (MS) has reported Other Operating Expenses for 18 consecutive years, with $12.2 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Other Operating Expenses rose 17.18% year-over-year to $12.2 billion in Q2 2026; TTM through Jun 2026 was $45.1 billion, a 12.32% increase from a year earlier, with the FY2025 full-year figure at $42.1 billion, up 10.93% from the prior year.
  • Other Operating Expenses was $12.2 billion for Q2 2026 at Morgan Stanley, up from $11.8 billion in the prior quarter.
  • Over five years, Other Operating Expenses peaked at $12.2 billion in Q2 2026 and troughed at $8.3 billion in Q3 2022.
  • A 5-year average of $9.7 billion and a median of $9.4 billion in 2024 frame the typical range for Other Operating Expenses.
  • Across the five-year window, Other Operating Expenses decreased 5.77% in 2022 and grew 17.18% in 2026, its largest moves.
  • Over 5 years, Other Operating Expenses stood at $8.5 billion in 2022, then increased by 9.3% to $9.3 billion in 2023, then climbed by 3.6% to $9.6 billion in 2024, then rose by 8.79% to $10.5 billion in 2025, then gained by 16.79% to $12.2 billion in 2026.
  • The last three Other Operating Expenses figures came in at $12.2 billion (Q2 2026), $11.8 billion (Q1 2026), and $10.5 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

Historic Data

Download Data
DateValue
Jun 30, 2026 12.22 Bn
Mar 31, 2026 11.84 Bn
Dec 31, 2025 10.46 Bn
Sep 30, 2025 10.60 Bn
Jun 30, 2025 10.43 Bn
Mar 31, 2025 10.56 Bn
Dec 31, 2024 9.62 Bn
Sep 30, 2024 9.57 Bn
Jun 30, 2024 9.39 Bn
Mar 31, 2024 9.33 Bn
Dec 31, 2023 9.28 Bn
Sep 30, 2023 8.59 Bn
Jun 30, 2023 9.09 Bn
Mar 31, 2023 9.17 Bn
Dec 31, 2022 8.49 Bn
Sep 30, 2022 8.26 Bn
Jun 30, 2022 8.43 Bn
Mar 31, 2022 8.90 Bn
Dec 31, 2021 8.32 Bn
Sep 30, 2021 8.64 Bn