KPIs & Operating Metrics(New)
Growth Metrics

Msci (MSCI) Operating Expenses (2016 - 2025)

Msci (MSCI) has disclosed Operating Expenses for 16 consecutive years, with $358.9 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 6.09% year-over-year to $358.9 million, compared with a TTM value of $1.4 billion through Dec 2025, up 7.03%, and an annual FY2025 reading of $1.4 billion, up 7.03% over the prior year.
  • Operating Expenses was $358.9 million for Q4 2025 at Msci, up from $345.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $368.8 million in Q1 2025 and bottomed at $224.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $295.2 million, with a median of $276.4 million recorded in 2023.
  • The sharpest move saw Operating Expenses rose 28.48% in 2021, then decreased 0.67% in 2022.
  • Year by year, Operating Expenses stood at $269.3 million in 2021, then fell by 0.67% to $267.5 million in 2022, then increased by 19.41% to $319.4 million in 2023, then rose by 5.93% to $338.3 million in 2024, then grew by 6.09% to $358.9 million in 2025.
  • Business Quant data shows Operating Expenses for MSCI at $358.9 million in Q4 2025, $345.7 million in Q3 2025, and $347.4 million in Q2 2025.