Msci (MSCI) Research & Development (2014 - 2026)

Msci (MSCI) reported Research & Development of $49.6 million for Q1 2026, up 4.2% on a YoY basis from $47.6 million in Q1 2025, and up 20.61% quarter-over-quarter from $41.1 million in Q4 2025.

Msci (MSCI) Research & Development (2014 - 2026) Analysis & Trends

Msci has reported Research & Development for 13 years, with the latest figure at $49.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 4.2% year-over-year to $49.6 million; the trailing twelve-month figure through Mar 2026 stood at $179.6 million (up 8.37% YoY), and the FY2025 full-year result was $177.6 million, up 11.94% from the prior year.
  • Research & Development for Q1 2026 stood at $49.6 million, up from $41.1 million in the prior quarter.
  • The five-year high for Research & Development was $49.6 million in Q1 2026, with the low at $23.9 million in Q2 2022.
  • Historically, Research & Development has averaged $36.8 million across 5 years, with a median of $38.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Research & Development retreated 13.13% — and 2024, when it surged 36.27%.
  • Msci's Research & Development stood at $29.0 million in 2022, then jumped by 35.12% to $39.2 million in 2023, then retreated by 1.91% to $38.5 million in 2024, then advanced by 6.9% to $41.1 million in 2025, then climbed by 20.61% to $49.6 million in 2026.
  • The last three Research & Development figures came in at $49.6 million (Q1 2026), $41.1 million (Q4 2025), and $44.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn -
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 76.60 Mn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn -
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 238.00 Mn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 84.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 195.86 Mn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 49.60 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 27.60 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn -
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 49.60 Mn
Dec 31, 2025 41.12 Mn
Sep 30, 2025 44.81 Mn
Jun 30, 2025 44.07 Mn
Mar 31, 2025 47.60 Mn
Dec 31, 2024 38.47 Mn
Sep 30, 2024 38.58 Mn
Jun 30, 2024 41.07 Mn
Mar 31, 2024 40.53 Mn
Dec 31, 2023 39.22 Mn
Sep 30, 2023 31.44 Mn
Jun 30, 2023 30.14 Mn
Mar 31, 2023 31.32 Mn
Dec 31, 2022 29.03 Mn
Sep 30, 2022 25.94 Mn
Jun 30, 2022 23.92 Mn
Mar 31, 2022 28.32 Mn
Dec 31, 2021 30.82 Mn
Sep 30, 2021 28.35 Mn
Jun 30, 2021 27.53 Mn