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
DateValue
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