Msci (MSCI) Gross Margin (2010 - 2026)
Msci (MSCI) reported Gross Margin of 89.93% for Q1 2026, up 827.0% on a YoY basis from 9.7% in Q1 2025, and little changed quarter-over-quarter from 89.9% in Q4 2025.
Msci (MSCI) Gross Margin (2010 - 2026) Analysis & Trends
Msci has reported Gross Margin for 17 years, with the latest figure 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.
- The five-year high for Gross Margin was 106.93% in Q4 2023, with the low at 81.1% in Q1 2024.
- Historically, Gross Margin has averaged 89.01% across 5 years, with a median of 89.05% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin soared 1941 bps — and 2024, when it slumped 1726 bps.
- Msci's Gross Margin stood at 87.52% in 2022, then gained by 22 bps to 106.93% in 2023, then decreased by 16 bps to 89.67% in 2024, then rose by 0 bps to 89.9% in 2025, then climbed 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 70.39% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 97.21% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 74.46% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 65.84% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 94.06% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 89.93% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 57.27% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 58.30% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 51.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |