Morgan Stanley (MS) Technology and Communications (2009 - 2026)
Morgan Stanley (MS) reported Technology and Communications of $1.3 billion for Q3 2026, up 16.4% from $1.12 billion a year earlier and up 8.2% from the prior quarter.
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Analysis
Morgan Stanley (MS) Technology and Communications (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Morgan Stanley's Technology and Communications came in at $4.81 billion, up 11.5% year-over-year; for FY2025, it came in at $4.42 billion, up 8.1% from FY2024.
- Technology and Communications has increased for 11 consecutive years, with a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- By year, Technology and Communications came in at $4.09 billion in FY2024 (+8.3%), $3.78 billion in FY2023 (+8.1%), $3.49 billion in FY2022 (+12.0%) and $3.12 billion in FY2021 (+26.5%).
- The Q3 2026 figure ranks as the highest quarterly Technology and Communications in data going back to Q1 2009.
- Year over year, Technology and Communications has now increased in each of the last 38 quarters, with growth averaging 9.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Technology and Communications ran from 5.8% in Q4 2023 to 19.5% in Q4 2021.
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.2 billion (Q2 2026), $1.15 billion (Q1 2026) and $1.16 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Technology (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 3.34 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 2.01 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 1.30 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 284.73 Mn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 674.00 Mn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | - |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.30 Bn |
| Jun 30, 2026 | 1.20 Bn |
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 1.16 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 976.00 Mn |
| Dec 31, 2023 | 987.00 Mn |
| Sep 30, 2023 | 947.00 Mn |
| Jun 30, 2023 | 926.00 Mn |
| Mar 31, 2023 | 915.00 Mn |
| Dec 31, 2022 | 933.00 Mn |
| Sep 30, 2022 | 874.00 Mn |
| Jun 30, 2022 | 857.00 Mn |
| Mar 31, 2022 | 829.00 Mn |
| Dec 31, 2021 | 833.00 Mn |
API Access
Morgan Stanley Technology and Communications 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=technology-and-communications&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "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=technology-and-communications&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();