Msci (MSCI) Research & Development (2014 - 2026)
Msci's (MSCI) quarterly Research & Development came in at $46.0 million in Q2 2026, up 4.31% YoY from $44.1 million in Q2 2025, and down 7.26% on a QoQ basis from $49.6 million in Q1 2026.
Msci (MSCI) Research & Development (2014 - 2026) Analysis & Trends
Msci (MSCI) has 13 years of Research & Development data on file, last reported at $46.0 million in Q2 2026.
- Quarterly Research & Development rose 4.31% year-over-year to $46.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $216.6 million (up 102.92% YoY) and the FY2025 annual result came in at $177.6 million, up 11.94% from the prior year.
- Research & Development eased to $46.0 million in Q2 2026, from $49.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $79.9 million in Q3 2025 to a low of -$68.9 million in Q4 2023.
- A 5-year average of $33.9 million and a median of $41.1 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development slumped 337.45% — and 2025, when it soared 173.79%.
- Tracing MSCI's Research & Development over 5 years: stood at $29.0 million in 2022, then tumbled by 337.45% to -$68.9 million in 2023, then gained by 19.14% to -$55.7 million in 2024, then soared by 173.79% to $41.1 million in 2025, then climbed by 11.86% to $46.0 million in 2026.
- The last three Research & Development figures came in at $46.0 million (Q2 2026), $49.6 million (Q1 2026), and $41.1 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | - |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 83.30 Mn |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 242.00 Mn |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | - |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 88.00 Mn |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | 472.85 Mn |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 87.40 Mn |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 26.20 Mn |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | - |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.00 Mn |
| Mar 31, 2026 | 49.60 Mn |
| Dec 31, 2025 | 41.12 Mn |
| Sep 30, 2025 | 79.86 Mn |
| Jun 30, 2025 | 44.10 Mn |
| Mar 31, 2025 | 47.60 Mn |
| Dec 31, 2024 | -55.73 Mn |
| Sep 30, 2024 | 70.76 Mn |
| Jun 30, 2024 | 41.07 Mn |
| Mar 31, 2024 | 40.53 Mn |
| Dec 31, 2023 | -68.92 Mn |
| Sep 30, 2023 | 31.44 Mn |
| Jun 30, 2023 | 67.99 Mn |
| Mar 31, 2023 | 31.32 Mn |
| Dec 31, 2022 | 29.03 Mn |
| Sep 30, 2022 | 25.94 Mn |
| Jun 30, 2022 | 61.07 Mn |
| Mar 31, 2022 | 28.32 Mn |
| Dec 31, 2021 | 30.82 Mn |
| Sep 30, 2021 | 59.82 Mn |