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| 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 |