Msci (MSCI) Change in Taxes (2014 - 2026)

Msci (MSCI) reported Change in Taxes of -$17.8 million for Q1 2026, down 154.27% on a YoY basis from $32.8 million in Q1 2025, and down 438.09% quarter-over-quarter from -$3.3 million in Q4 2025.

Msci (MSCI) Change in Taxes (2014 - 2026) Analysis & Trends

Msci has reported Change in Taxes for 13 years, with the latest figure at -$17.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes fell 154.27% year-over-year to -$17.8 million; the trailing twelve-month figure through Mar 2026 stood at -$22.0 million (down 159.51% YoY), and the FY2025 full-year result was $28.6 million, up 366.85% from the prior year.
  • Change in Taxes for Q1 2026 stood at -$17.8 million, down from -$3.3 million in the prior quarter.
  • The five-year high for Change in Taxes was $84.6 million in Q4 2022, with the low at -$42.7 million in Q2 2022.
  • Historically, Change in Taxes has averaged $2.7 million across 5 years, with a median of -$3.3 million in 2025.
  • The largest YoY upside for Change in Taxes was 684.52% in 2024 against a maximum downside of 745.01% in 2024.
  • Msci's Change in Taxes stood at $84.6 million in 2022, then slumped by 103.47% to -$2.9 million in 2023, then plunged by 745.01% to -$24.8 million in 2024, then surged by 86.65% to -$3.3 million in 2025, then slumped by 438.09% to -$17.8 million in 2026.
  • The last three Change in Taxes figures came in at -$17.8 million (Q1 2026), -$3.3 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 314.00 Mn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 327.60 Mn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn -
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - -
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn -
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn -17.80 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 200,000.00
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn -
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn -13.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -17.80 Mn
Mar 31, 2026 -17.80 Mn
Dec 31, 2025 -3.31 Mn
Dec 31, 2025 -3.31 Mn
Sep 30, 2025 11.89 Mn
Sep 30, 2025 11.89 Mn
Jun 30, 2025 -12.77 Mn
Jun 30, 2025 -12.77 Mn
Mar 31, 2025 32.80 Mn
Mar 31, 2025 32.80 Mn
Dec 31, 2024 -24.78 Mn
Dec 31, 2024 -24.78 Mn
Sep 30, 2024 -25.53 Mn
Sep 30, 2024 -25.53 Mn
Jun 30, 2024 54.47 Mn
Jun 30, 2024 54.47 Mn
Mar 31, 2024 -14.87 Mn
Mar 31, 2024 -14.87 Mn
Dec 31, 2023 -2.93 Mn
Dec 31, 2023 -2.93 Mn