MSCI (MSCI) financial statements
+627.3%since 2008
- FY2025 revenue
- $3.1B▲ +9.7%
- FY2025 net income
- $1.2B▲ +8.4%
- FY2025 diluted EPS
- $15.69▲ +11.7%
- FY2025 free cash flow
- $1.5B▲ +5.5%
MSCI income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 3,134 | 2,856 | 2,529 |
| Operating income | 1,714 | 1,529 | 1,385 |
| Pretax income | 1,494 | 1,356 | 1,369 |
| Net income | 1,202 | 1,109 | 1,149 |
| Diluted earnings per share | 15.69 | 14.05 | 14.39 |
MSCI balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 515 | 409 | 462 |
| Total assets | 5,703 | 5,445 | 5,518 |
| Total liabilities | 8,357 | 6,385 | 6,258 |
| Total equity | -2,654 | -940 | -740 |
| Long-term debt | 6,202 | 4,511 | 4,497 |
MSCI cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 1,588 | 1,502 | 1,236 |
| Capital expenditure | -39 | -34 | -23 |
| Free cash flow (derived) | 1,549 | 1,468 | 1,213 |
| Dividends paid | -557 | -509 | -441 |
| Share repurchases | -2,484 | -885 | -504 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 892 | 867 | 851 | 823 |
| Operating income (derived) | 502 | 488 | 457 | 464 |
| Net income (derived) | 351 | 342 | 406 | 285 |
| Diluted earnings per share | 4.86 | 4.69 | 5.53 | n/a |
| Operating cash flow (derived) | 436 | 371 | 307 | 501 |
| Total assets | 5,595 | 5,603 | 5,545 | 5,703 |
MSCI major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| BlackRock, Inc. | 7.6% | 5,942,793 | 5 February 2025 |
| Vanguard Capital Management | 7.4% | 5,376,072 | 30 April 2026 |
| Vanguard Portfolio Management | 5.5% | 4,038,129 | 29 April 2026 |
MSCI 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 20 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 20 October 2026 | 8-K | Current report | Current report |
| 7 August 2026 | 8-K | Current report | Current report |
| 21 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 21 July 2026 | 8-K | Current report | Current report |
| 23 April 2026 | 8-K | Current report | Current report |
| 21 April 2026 | 10-Q | Quarterly report | Quarterly report |
| 21 April 2026 | 8-K | Current report | Current report |
Common questions
What was MSCI's revenue in fiscal 2025?
MSCI reported $3.1 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 9.7% from fiscal 2024.
What was MSCI's net income in fiscal 2025?
MSCI reported net income of $1.2 billion for fiscal 2025, the year ended 31 December 2025, up 8.4% from fiscal 2024. Diluted earnings per share were $15.69.
What was MSCI's free cash flow in fiscal 2025?
MSCI had $1.5 billion in free cash flow in fiscal 2025. Operating cash flow was $1.6 billion and capital expenditure was $39.3 million.
What were MSCI's total assets at the end of fiscal 2025?
MSCI reported total assets of $5.7 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much MSCI history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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