Morgan Stanley (MS) Tax Provisions (2009 - 2026)
Morgan Stanley (MS) posted quarterly Tax Provisions of $1.4 billion for Q1 2026, up 17.05% year-over-year from $1.2 billion in Q1 2025, and up 2.77% quarter-over-quarter from $1.3 billion in Q4 2025.
Morgan Stanley (MS) Tax Provisions (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Tax Provisions for 18 consecutive years, with $1.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 17.05% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $5.1 billion (up 19.09% YoY), while the FY2025 annual figure was $4.9 billion, up 21.19% from the prior year.
- Tax Provisions climbed to $1.4 billion in Q1 2026 per MS's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Tax Provisions topped out at $1.4 billion in Q3 2025 and bottomed at $528.0 million in Q4 2022.
- Historically, Tax Provisions has averaged $933.1 million across 5 years, with a median of $933.0 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions slumped 54.79% — and 2024, when it jumped 112.97%.
- Morgan Stanley's Tax Provisions stood at $528.0 million in 2022, then grew by 5.11% to $555.0 million in 2023, then surged by 112.97% to $1.2 billion in 2024, then grew by 13.03% to $1.3 billion in 2025, then increased by 2.77% to $1.4 billion in 2026.
- Business Quant data shows MS's Tax Provisions at $1.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | -10.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.05 Bn |
| Mar 31, 2025 | 1.17 Bn |
| Dec 31, 2024 | 1.18 Bn |
| Sep 30, 2024 | 995.00 Mn |
| Jun 30, 2024 | 957.00 Mn |
| Mar 31, 2024 | 933.00 Mn |
| Dec 31, 2023 | 555.00 Mn |
| Sep 30, 2023 | 710.00 Mn |
| Jun 30, 2023 | 591.00 Mn |
| Mar 31, 2023 | 727.00 Mn |
| Dec 31, 2022 | 528.00 Mn |
| Sep 30, 2022 | 726.00 Mn |
| Jun 30, 2022 | 783.00 Mn |
| Mar 31, 2022 | 873.00 Mn |
| Dec 31, 2021 | 1.17 Bn |
| Sep 30, 2021 | 1.15 Bn |