Msci (MSCI) Operating Expenses (2010 - 2026)
Msci (MSCI) posted Operating Expenses of $379.5 million for Q2 2026, down 3.66% on a QoQ basis from $393.9 million in Q1 2026, and up 9.24% year-over-year from $347.4 million in Q2 2025.
Msci (MSCI) Operating Expenses (2010 - 2026) Analysis & Trends
Msci's Operating Expenses history runs 17 years deep, the most recent figure standing at $379.5 million for Q2 2026.
- Quarterly Operating Expenses rose 9.24% year-over-year to $379.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.5 billion (up 7.27% YoY) and the FY2025 annual result came in at $1.4 billion, up 7.03% from the prior year.
- Operating Expenses was $379.5 million for Q2 2026 at Msci, down from $393.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $393.9 million in Q1 2026 and bottomed at $251.1 million in Q3 2022.
- A 5-year average of $317.1 million and a median of $324.4 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses dropped 0.67% — and 2024, when it increased 22.68%.
- Msci's Operating Expenses stood at $267.5 million in 2022, then increased by 19.41% to $319.4 million in 2023, then climbed by 5.93% to $338.3 million in 2024, then gained by 6.09% to $358.9 million in 2025, then grew by 5.74% to $379.5 million in 2026.
- Business Quant data shows MSCI's Operating Expenses at $379.5 million in Q2 2026, $393.9 million in Q1 2026, and $358.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 2.34 Bn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 599.10 Mn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 1.14 Bn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 1.31 Bn |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 788.00 Mn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 1.43 Bn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 379.50 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 223.30 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 1.00 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 379.50 Mn |
| Mar 31, 2026 | 393.90 Mn |
| Dec 31, 2025 | 358.91 Mn |
| Sep 30, 2025 | 345.74 Mn |
| Jun 30, 2025 | 347.40 Mn |
| Mar 31, 2025 | 368.80 Mn |
| Dec 31, 2024 | 338.32 Mn |
| Sep 30, 2024 | 323.37 Mn |
| Jun 30, 2024 | 325.34 Mn |
| Mar 31, 2024 | 340.58 Mn |
| Dec 31, 2023 | 319.36 Mn |
| Sep 30, 2023 | 272.13 Mn |
| Jun 30, 2023 | 275.20 Mn |
| Mar 31, 2023 | 277.62 Mn |
| Dec 31, 2022 | 267.46 Mn |
| Sep 30, 2022 | 251.11 Mn |
| Jun 30, 2022 | 251.43 Mn |
| Mar 31, 2022 | 270.97 Mn |
| Dec 31, 2021 | 269.26 Mn |
| Sep 30, 2021 | 236.87 Mn |