Msci (MSCI) Research & Development (2014 - 2026)
Msci posted quarterly Research & Development of $49.6 million for Q1 2026, up 4.2% year-on-year from $47.6 million in Q1 2025, and up 20.61% on a QoQ basis from $41.1 million in Q4 2025.
Msci (MSCI) has 13 years of Research & Development data on file, last reported 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.
- Across five years, Research & Development topped out at $49.6 million in Q1 2026 and bottomed at $23.9 million in Q2 2022.
- The 5-year median for Research & Development is $38.6 million (2024), against an average of $36.8 million.
- The widest annual swing landed in 2022, when Research & Development retreated 13.13%; it then surged 36.27% in 2024.
- A 5-year view of Research & Development shows it stood at $29.0 million in 2022, then surged by 35.12% to $39.2 million in 2023, then decreased by 1.91% to $38.5 million in 2024, then climbed by 6.9% to $41.1 million in 2025, then grew 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 | 126.06 Bn | 129.16 Bn | 2.94 Bn | - |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 76.60 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 238.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 84.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 195.86 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 49.60 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 27.60 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 24.86 Mn |
| Dec 31, 2020 | 27.06 Mn |
| Sep 30, 2020 | 24.90 Mn |
| Jun 30, 2020 | 22.53 Mn |
| Mar 31, 2020 | 26.56 Mn |
| Dec 31, 2019 | 27.10 Mn |
| Sep 30, 2019 | 24.31 Mn |
| Jun 30, 2019 | 23.75 Mn |
| Mar 31, 2019 | 23.17 Mn |
| Dec 31, 2018 | 20.31 Mn |
| Sep 30, 2018 | 20.59 Mn |
| Jun 30, 2018 | 19.80 Mn |
| Mar 31, 2018 | 20.71 Mn |
| Dec 31, 2017 | 20.71 Mn |
| Sep 30, 2017 | 17.97 Mn |
| Jun 30, 2017 | 18.20 Mn |
| Mar 31, 2017 | 18.97 Mn |
| Dec 31, 2016 | 18.96 Mn |
| Sep 30, 2016 | 18.75 Mn |
| Jun 30, 2016 | 18.57 Mn |
| Mar 31, 2016 | 18.93 Mn |
| Dec 31, 2015 | 17.78 Mn |
| Sep 30, 2015 | 15.55 Mn |
| Jun 30, 2015 | 20.81 Mn |
| Mar 31, 2015 | 23.19 Mn |
| Dec 31, 2014 | 17.24 Mn |
| Sep 30, 2014 | 19.02 Mn |
| Jun 30, 2014 | 17.37 Mn |
| Mar 31, 2014 | 17.47 Mn |