Msci (MSCI) Net Margin (2010 - 2026)
Msci's (MSCI) quarterly Net Margin came in at 39.45% in Q2 2026, up 14.0% YoY from 34.6% in Q2 2025, and down 17.34% on a QoQ basis from 47.72% in Q1 2026.
Msci (MSCI) Net Margin (2010 - 2026) Analysis & Trends
Msci (MSCI) has 17 years of Net Margin data on file, last reported at 39.45% in Q2 2026.
- Quarterly Net Margin rose 14.0% year-over-year to 39.45% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 40.74% (up 127.0% YoY) and the FY2025 annual result came in at 38.36%, down 48.0% from the prior year.
- Net Margin eased to 39.45% in Q2 2026, from 47.72% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 58.45% in Q4 2023 to a low of 34.61% in Q4 2025.
- A 5-year average of 40.6% and a median of 39.38% in 2026 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin surged 2114 bps — and 2024, when it plunged 1736 bps.
- Tracing MSCI's Net Margin over 5 years: stood at 37.31% in 2022, then jumped by 57 bps to 58.45% in 2023, then declined by 30 bps to 41.09% in 2024, then retreated by 16 bps to 34.61% in 2025, then climbed by 14 bps to 39.45% in 2026.
- The last three Net Margin figures came in at 39.45% (Q2 2026), 47.72% (Q1 2026), and 34.61% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 31.91% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 61.06% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 27.00% |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 40.23% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 20.02% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | -29.46% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 39.45% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 24.38% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 11.20% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 20.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.45% |
| Mar 31, 2026 | 47.72% |
| Dec 31, 2025 | 34.61% |
| Sep 30, 2025 | 41.01% |
| Jun 30, 2025 | 39.30% |
| Mar 31, 2025 | 38.70% |
| Dec 31, 2024 | 41.09% |
| Sep 30, 2024 | 38.76% |
| Jun 30, 2024 | 37.68% |
| Mar 31, 2024 | 37.64% |
| Dec 31, 2023 | 58.45% |
| Sep 30, 2023 | 41.52% |
| Jun 30, 2023 | 39.74% |
| Mar 31, 2023 | 40.32% |
| Dec 31, 2022 | 37.31% |
| Sep 30, 2022 | 38.63% |
| Jun 30, 2022 | 38.16% |
| Mar 31, 2022 | 40.79% |
| Dec 31, 2021 | 35.26% |
| Sep 30, 2021 | 32.85% |