Morgan Stanley (MS) Revenue (2009 - 2025)
Morgan Stanley (MS) recorded Revenue of $20.34 billion in Q3 2026, up 11.6% from $18.22 billion a year earlier but down 4.7% from the prior quarter.
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Analysis
Morgan Stanley (MS) Revenue (2009 - 2025) Analysis & Trends
On a TTM basis, Morgan Stanley's Revenue came in at $80.16 billion as of Sep 30, 2026, up 16.2% year-over-year; for FY2025, it came in at $70.65 billion, up 14.4% from FY2024.
- Annual Revenue has increased for three straight years, with a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- Across earlier years, Revenue came in at $61.76 billion in FY2024 (+14.1%), $54.14 billion in FY2023 (+0.9%), $53.67 billion in FY2022 (-10.2%) and $59.76 billion in FY2021 (+22.6%).
- Quarterly Revenue has ranged from $12.75 billion in Q4 2022 to $21.35 billion in Q2 2026 over the past five years.
- On a year-over-year basis, Revenue has increased for 14 consecutive quarters, with growth averaging 17.3% over the last eight quarters.
- Peak year-over-year performance for Revenue in the last five years was growth of 27.1% in Q2 2026, against a decline of 12.2% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.35 billion (Q2 2026), $20.58 billion (Q1 2026) and $17.89 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Yr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 182.45 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 113.10 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | 75.00 Bn |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 47.57 Bn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 70.65 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 58.28 Bn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 83.70 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 39.80 Bn |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 72.23 Bn |
| 10 | Toronto Dominion Bank | 211.21 Bn | -464.66 Bn | - | 48.41 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 70.65 Bn |
| Dec 31, 2024 | 61.76 Bn |
| Dec 31, 2023 | 54.14 Bn |
| Dec 31, 2022 | 53.67 Bn |
| Dec 31, 2021 | 59.76 Bn |
| Dec 31, 2020 | 48.76 Bn |
| Dec 31, 2019 | 41.54 Bn |
| Dec 31, 2018 | 40.11 Bn |
| Dec 31, 2017 | 37.95 Bn |
| Dec 31, 2016 | 34.63 Bn |
| Dec 31, 2015 | 35.16 Bn |
| Dec 31, 2014 | 34.28 Bn |
| Dec 31, 2013 | 32.49 Bn |
| Dec 31, 2012 | 26.18 Bn |
| Dec 31, 2011 | 32.23 Bn |
| Dec 31, 2010 | 31.23 Bn |
| Dec 31, 2009 | 23.28 Bn |
API Access
Morgan Stanley Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue-annual&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue-annual", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue-annual&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();