Msci (MSCI) Change in Intangibles (2013 - 2026)
Msci's Change in Intangibles was $33.4 million in Q2 2026, up 44.0% from $23.2 million a year earlier and up 28.5% from the prior quarter.
Msci (MSCI) Change in Intangibles (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Msci's Change in Intangibles was $105.44 million through Jun 30, 2026, up 20.9% year-over-year; for FY2025, it came in at $90.54 million, up 11.3% from FY2024.
- Change in Intangibles has now increased for 12 consecutive years, with a five-year compound annual growth rate of 25.4% (FY2020 to FY2025).
- In earlier years, Change in Intangibles was $81.36 million in FY2024 (+19.5%), $68.09 million in FY2023 (+14.9%), $59.28 million in FY2022 (+50.9%) and $39.29 million in FY2021 (+34.8%).
- The Q2 2026 figure marks the highest quarterly Change in Intangibles in data going back to Q1 2013.
- Compared with a year earlier, Change in Intangibles has increased for 31 straight quarters, with growth averaging 19.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Change in Intangibles ranged from 5.8% (Q3 2025) to 69.0% (Q2 2022).
- Per Business Quant data, MSCI's Change in Intangibles in the three quarters before Q2 2026 was $26 million (Q1 2026), $23.85 million (Q4 2025) and $22.19 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 113.90 Bn | 109.50 Bn | 2.98 Bn | - |
| 2 | Moodys | 76.48 Bn | 68.91 Bn | 1.67 Bn | - |
| 3 | Msci | 38.99 Bn | 37.33 Bn | 717.10 Mn | 33.40 Mn |
| 4 | Verisk Analytics | 21.33 Bn | 15.96 Bn | 572.90 Mn | - |
| 5 | Equifax | 16.47 Bn | 15.87 Bn | 926.40 Mn | - |
| 6 | TransUnion | 12.16 Bn | 9.14 Bn | - | - |
| 7 | Factset Research Systems | 9.52 Bn | 8.28 Bn | 310.73 Mn | - |
| 8 | Morningstar | 6.89 Bn | 4.79 Bn | 423.90 Mn | - |
| 9 | Mastercard | 480.84 Bn | 440.75 Bn | - | 187.00 Mn |
| 10 | Cme | 94.54 Bn | 94.54 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.40 Mn |
| Mar 31, 2026 | 26.00 Mn |
| Dec 31, 2025 | 23.85 Mn |
| Sep 30, 2025 | 22.19 Mn |
| Jun 30, 2025 | 23.20 Mn |
| Mar 31, 2025 | 21.30 Mn |
| Dec 31, 2024 | 21.71 Mn |
| Sep 30, 2024 | 20.98 Mn |
| Jun 30, 2024 | 18.71 Mn |
| Mar 31, 2024 | 19.97 Mn |
| Dec 31, 2023 | 18.01 Mn |
| Sep 30, 2023 | 17.42 Mn |
| Jun 30, 2023 | 17.31 Mn |
| Mar 31, 2023 | 15.35 Mn |
| Dec 31, 2022 | 14.85 Mn |
| Sep 30, 2022 | 14.73 Mn |
| Jun 30, 2022 | 15.62 Mn |
| Mar 31, 2022 | 14.08 Mn |
| Dec 31, 2021 | 10.21 Mn |
| Sep 30, 2021 | 10.14 Mn |
Msci Change in Intangibles 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=change-in-intangibles&ticker=MSCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "MSCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();