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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |