KPIs & Operating Metrics(New)
Growth Metrics

Msci (MSCI) Gross Margin (2010 - 2026)

Msci posted quarterly Gross Margin of 89.93% for Q1 2026, up 827.0% year-on-year from 9.7% in Q1 2025, and little changed on a QoQ basis from 89.9% in Q4 2025.

Msci (MSCI) has 17 years of Gross Margin data on file, last reported at 89.93% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 827.0% year-over-year to 89.93%; the trailing twelve-month figure through Mar 2026 stood at 89.91% (up 209.0% YoY), and the FY2025 full-year result was 89.8%, down 1.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 89.93%, roughly flat from 89.9% in the prior quarter.
  • Across five years, Gross Margin topped out at 106.93% in Q4 2023 and bottomed at 81.1% in Q1 2024.
  • The 5-year median for Gross Margin is 89.05% (2023), against an average of 89.01%.
  • The widest annual swing landed in 2023, when Gross Margin soared 1941 bps; it then plunged 1726 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 87.52% in 2022, then advanced by 22 bps to 106.93% in 2023, then slipped by 16 bps to 89.67% in 2024, then gained by 0 bps to 89.9% in 2025, then grew by 0 bps to 89.93% in 2026.
  • The last three Gross Margin figures came in at 89.93% (Q1 2026), 89.9% (Q4 2025), and 89.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 70.39%
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 97.21%
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - -
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 74.46%
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 65.84%
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 94.06%
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 89.93%
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 57.27%
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 58.30%
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 51.43%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 89.93%
Dec 31, 2025 89.90%
Sep 30, 2025 89.94%
Jun 30, 2025 89.88%
Mar 31, 2025 81.66%
Dec 31, 2024 89.67%
Sep 30, 2024 90.24%
Jun 30, 2024 89.91%
Mar 31, 2024 81.10%
Dec 31, 2023 106.93%
Sep 30, 2023 83.16%
Jun 30, 2023 89.05%
Mar 31, 2023 88.78%
Dec 31, 2022 87.52%
Sep 30, 2022 88.31%
Jun 30, 2022 88.93%
Mar 31, 2022 88.20%
Dec 31, 2021 82.56%
Sep 30, 2021 88.43%
Jun 30, 2021 82.47%
Mar 31, 2021 88.20%
Dec 31, 2020 82.88%
Sep 30, 2020 87.62%
Jun 30, 2020 82.80%
Mar 31, 2020 82.10%
Dec 31, 2019 82.75%
Sep 30, 2019 86.78%
Jun 30, 2019 81.33%
Mar 31, 2019 84.91%
Dec 31, 2018 85.36%
Sep 30, 2018 87.11%
Jun 30, 2018 86.94%
Mar 31, 2018 86.79%
Dec 31, 2017 79.32%
Sep 30, 2017 86.07%
Jun 30, 2017 86.85%
Mar 31, 2017 77.60%
Dec 31, 2016 78.20%
Sep 30, 2016 85.61%
Jun 30, 2016 85.60%
Mar 31, 2016 77.34%
Dec 31, 2015 76.25%
Sep 30, 2015 75.60%
Jun 30, 2015 75.09%
Mar 31, 2015 84.15%
Dec 31, 2014 72.19%
Sep 30, 2014 83.55%
Jun 30, 2014 84.07%
Mar 31, 2014 72.13%
Dec 31, 2013 69.49%
Sep 30, 2013 70.19%
Jun 30, 2013 69.49%
Mar 31, 2013 70.25%
Dec 31, 2012 69.97%
Sep 30, 2012 70.97%
Jun 30, 2012 69.30%
Mar 31, 2012 68.44%
Dec 31, 2011 69.43%
Sep 30, 2011 69.35%
Jun 30, 2011 69.60%
Mar 31, 2011 68.55%
Nov 30, 2010 67.59%
Aug 31, 2010 65.60%
May 31, 2010 75.66%
Feb 28, 2010 75.93%