Morgan Stanley MS
NYSE MS
$190.65 +1.50 (+0.79%)
At close: Nov 13, 2026 · 4:00 PM EST

Morgan Stanley (MS) Revenue (2009 - 2026)

Updated

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.

Analysis

Morgan Stanley (MS) Revenue (2009 - 2026) 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 (Qtr)
1 Jpmorgan Chase 920.14 Bn 897.90 Bn - 50.17 Bn
2 Banco Santander Chile 407.42 Bn -7,109.68 Bn - -
3 Bank Of America 353.20 Bn -2,022.91 Bn - 29.96 Bn
4 Hsbc Holdings 307.88 Bn -2,967.28 Bn - 18.62 Bn
5 Morgan Stanley 298.41 Bn -244.41 Bn - 20.34 Bn
6 Royal Bank Of Canada 283.46 Bn -546.54 Bn - 13.30 Bn
7 Goldman Sachs 264.45 Bn -3,478.99 Bn - 18.68 Bn
8 Mitsubishi Ufj Financial 259.19 Bn -159.36 Bn 5.24 Bn 5.05 Bn
9 Wells Fargo & Company 258.28 Bn 93.72 Bn - 21.87 Bn
10 American Express 215.12 Bn 14.60 Bn - 20.06 Bn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 20.34 Bn
Jun 30, 2026 21.35 Bn
Mar 31, 2026 20.58 Bn
Dec 31, 2025 17.89 Bn
Sep 30, 2025 18.22 Bn
Jun 30, 2025 16.79 Bn
Mar 31, 2025 17.74 Bn
Dec 31, 2024 16.22 Bn
Sep 30, 2024 15.38 Bn
Jun 30, 2024 15.02 Bn
Mar 31, 2024 15.14 Bn
Dec 31, 2023 12.90 Bn
Sep 30, 2023 13.27 Bn
Jun 30, 2023 13.46 Bn
Mar 31, 2023 14.52 Bn
Dec 31, 2022 12.75 Bn
Sep 30, 2022 12.99 Bn
Jun 30, 2022 13.13 Bn
Mar 31, 2022 14.80 Bn
Dec 31, 2021 14.52 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&ticker=MS&period=max&api_key=YOUR_API_KEY