Msci (MSCI) Operating Expenses (2010 - 2026)

Msci has reported Operating Expenses for 17 years, with the latest figure at $393.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 6.81% year-over-year to $393.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 6.65% YoY), and the FY2025 full-year result was $1.4 billion, up 7.03% from the prior year.
• Operating Expenses for Q1 2026 stood at $393.9 million, up from $358.9 million in the prior quarter.
• The five-year high for Operating Expenses was $393.9 million in Q1 2026, with the low at $251.1 million in Q3 2022.
• Historically, Operating Expenses has averaged $313.4 million across 5 years, with a median of $323.4 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses retreated 0.67% — and 2024, when it advanced 22.68%.
• Msci's Operating Expenses stood at $267.5 million in 2022, then climbed by 19.41% to $319.4 million in 2023, then gained by 5.93% to $338.3 million in 2024, then increased by 6.09% to $358.9 million in 2025, then increased by 9.75% to $393.9 million in 2026.
• The last three Operating Expenses figures came in at $393.9 million (Q1 2026), $358.9 million (Q4 2025), and $345.7 million (Q3 2025), per Business Quant data.