Msci (MSCI) Gross Margin (2010 - 2026)
Msci (MSCI) recorded Gross Margin of 82.94% in Q3 2026, down 0.36 percentage points from 83.30% a year earlier but up 0.23 percentage points from the prior quarter.
Msci (MSCI) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Msci's Gross Margin came in at 82.89% as of Sep 30, 2026, up 0.52 percentage points year-over-year; for FY2025, it came in at 82.44%, up 0.45 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -0.35 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 81.99% in FY2024 (-0.35 pp), 82.34% in FY2023 (+0.32 pp), 82.02% in FY2022 (-0.43 pp) and 82.45% in FY2021 (-0.35 pp).
- Quarterly Gross Margin has ranged from 81.10% in Q1 2024 to 83.33% in Q1 2026 over the past five years.
- On a year-over-year basis, Gross Margin rose in seven of the last eight quarters, with an average year-over-year change of +0.46 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 1.68 percentage points in Q1 2026, against a drop of 0.73 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 82.71% (Q2 2026), 83.33% (Q1 2026) and 82.57% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | 71.89% |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | 74.10% |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | 82.94% |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | 71.05% |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | 55.55% |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | - |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | 48.59% |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | 64.19% |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | - |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 82.94% |
| Jun 30, 2026 | 82.71% |
| Mar 31, 2026 | 83.33% |
| Dec 31, 2025 | 82.57% |
| Sep 30, 2025 | 83.30% |
| Jun 30, 2025 | 82.18% |
| Mar 31, 2025 | 81.66% |
| Dec 31, 2024 | 82.30% |
| Sep 30, 2024 | 82.59% |
| Jun 30, 2024 | 81.90% |
| Mar 31, 2024 | 81.10% |
| Dec 31, 2023 | 82.24% |
| Sep 30, 2023 | 83.16% |
| Jun 30, 2023 | 82.28% |
| Mar 31, 2023 | 81.65% |
| Dec 31, 2022 | 82.23% |
| Sep 30, 2022 | 82.45% |
| Jun 30, 2022 | 81.74% |
| Mar 31, 2022 | 81.65% |
| Dec 31, 2021 | 82.56% |
Msci Gross Margin 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=gross-margin&ticker=MSCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();