Morgan Stanley (MS) Principal Transactions (2009 - 2026)

Morgan Stanley (MS) has reported Principal Transactions for 18 consecutive years, with $146.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Principal Transactions fell 60.43% year-over-year to $146.0 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 6.82% YoY), while the FY2025 annual figure was $1.4 billion, up 63.96% from the prior year.
• Principal Transactions fell to $146.0 million in Q1 2026 per MS's latest filing, from $220.0 million in the prior quarter.
• Across five years, Principal Transactions topped out at $388.0 million in Q2 2025 and bottomed at -$168.0 million in Q3 2022.
• Historically, Principal Transactions has averaged $171.1 million across 5 years, with a median of $146.0 million in 2026.
• Annual changes were most pronounced in 2022 — Principal Transactions tumbled 473.33% — and 2023, when it jumped 313.04%.
• Morgan Stanley's Principal Transactions stood at $85.0 million in 2022, then jumped by 122.35% to $189.0 million in 2023, then gained by 13.76% to $215.0 million in 2024, then grew by 2.33% to $220.0 million in 2025, then tumbled by 33.64% to $146.0 million in 2026.
• Business Quant data shows MS's Principal Transactions at $146.0 million in Q1 2026, $220.0 million in Q4 2025, and $374.0 million in Q3 2025.