MORGAN STANLEY financials
Key figures from MORGAN STANLEY's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Jun 2026 | Jun 2025 | Change |
|---|---|---|---|
| Revenue | $21.3B | $16.8B | +27.1% |
| Net income | $5.6B | $3.5B | +57.7% |
| Gross margin | — | — | — |
| Operating margin | — | — | — |
| Net margin | 26.1% | 21.1% | +5.1 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $70.6B | $16.9B | 23.9% | — | $10.21 |
| FY Dec 2024 | $61.8B | $13.4B | 21.7% | — | $7.95 |
| FY Dec 2023 | $54.1B | $9.1B | 16.8% | — | $5.18 |
| FY Dec 2022 | $53.7B | $11.0B | 20.6% | — | $6.15 |
| FY Dec 2021 | $59.8B | $15.0B | 25.2% | — | $8.03 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.