Msci (MSCI) Cost of Revenue (2010 - 2026)
Msci's (MSCI) quarterly Cost of Revenue came in at $149.9 million in Q2 2026, up 8.86% YoY from $137.7 million in Q2 2025, and up 5.71% on a QoQ basis from $141.8 million in Q1 2026.
Msci (MSCI) Cost of Revenue (2010 - 2026) Analysis & Trends
Msci (MSCI) has 17 years of Cost of Revenue data on file, last reported at $149.9 million in Q2 2026.
- Quarterly Cost of Revenue rose 8.86% year-over-year to $149.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $567.6 million (up 6.64% YoY) and the FY2025 annual result came in at $550.4 million, up 7.0% from the prior year.
- Cost of Revenue advanced to $149.9 million in Q2 2026, from $141.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $149.9 million in Q2 2026 to a low of $98.4 million in Q3 2022.
- A 5-year average of $122.6 million and a median of $127.2 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue rose 19.83% — and 2026, when it gained 3.65%.
- Tracing MSCI's Cost of Revenue over 5 years: stood at $102.4 million in 2022, then advanced by 19.7% to $122.6 million in 2023, then grew by 7.35% to $131.6 million in 2024, then increased by 8.98% to $143.4 million in 2025, then gained by 4.55% to $149.9 million in 2026.
- The last three Cost of Revenue figures came in at $149.9 million (Q2 2026), $141.8 million (Q1 2026), and $143.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 1.17 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 59.90 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | - |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 518.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 1.03 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 59.69 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 149.90 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 711.20 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 544.60 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 312.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 149.90 Mn |
| Jun 30, 2026 | 149.90 Mn |
| Mar 31, 2026 | 141.80 Mn |
| Mar 31, 2026 | 141.80 Mn |
| Dec 31, 2025 | 143.38 Mn |
| Dec 31, 2025 | 143.38 Mn |
| Sep 30, 2025 | 132.53 Mn |
| Sep 30, 2025 | 132.53 Mn |
| Jun 30, 2025 | 137.70 Mn |
| Jun 30, 2025 | 137.70 Mn |
| Mar 31, 2025 | 136.80 Mn |
| Mar 31, 2025 | 136.80 Mn |
| Dec 31, 2024 | 131.57 Mn |
| Dec 31, 2024 | 131.57 Mn |
| Sep 30, 2024 | 126.19 Mn |
| Sep 30, 2024 | 126.19 Mn |
| Jun 30, 2024 | 128.11 Mn |
| Jun 30, 2024 | 128.11 Mn |
| Mar 31, 2024 | 128.51 Mn |
| Mar 31, 2024 | 128.51 Mn |