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 338.83 Bn 205.30 Bn - 1.70 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 1.94 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 709.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -84.25 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 136.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -6.26 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 136.24 Mn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 63.50 Mn

Historic Data

Download Data
DateValue
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