KPIs & Operating Metrics(New)

Morgan Stanley (MS) Other Operating Expenses (2016 - 2025)

Morgan Stanley (MS) has disclosed Other Operating Expenses for 17 consecutive years, with $10.6 billion as the latest value for Q3 2025.

  • On a quarterly basis, Other Operating Expenses rose 10.83% to $10.6 billion in Q3 2025 year-over-year; TTM through Dec 2025 was $31.6 billion, a 16.66% decrease, with the full-year FY2024 number at $37.9 billion, up 4.93% from a year prior.
  • Other Operating Expenses was $10.6 billion for Q3 2025 at Morgan Stanley, up from $10.4 billion in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $10.6 billion in Q3 2025 to a low of $8.3 billion in Q3 2022.
  • A 5-year average of $9.2 billion and a median of $9.2 billion in 2023 define the central range for Other Operating Expenses.
  • Peak YoY movement for Other Operating Expenses: surged 48.22% in 2021, then fell 5.77% in 2022.
  • Morgan Stanley's Other Operating Expenses stood at $8.3 billion in 2021, then fell by 0.76% to $8.3 billion in 2022, then rose by 12.37% to $9.3 billion in 2023, then increased by 3.6% to $9.6 billion in 2024, then increased by 10.27% to $10.6 billion in 2025.
  • Per Business Quant, the three most recent readings for MS's Other Operating Expenses are $10.6 billion (Q3 2025), $10.4 billion (Q2 2025), and $10.6 billion (Q1 2025).