Morgan Stanley annual revenue
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Morgan Stanley Revenue Growth & History (MS)
Morgan Stanley reported $70.64B in revenue for fiscal 2025, an increase of 14.38% from the previous fiscal year.
View full Morgan Stanley company overviewMorgan Stanley annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $70.64B | $8.88B | +14.38% |
| 2024 | 2024-12-31 | $61.76B | $7.62B | +14.07% |
| 2023 | 2023-12-31 | $54.14B | $475.0M | +0.89% |
| 2022 | 2022-12-31 | $53.67B | −$6.09B | −10.19% |
| 2021 | 2021-12-31 | $59.76B | $11.00B | +22.56% |
| 2020 | 2020-12-31 | $48.76B | $7.22B | +17.38% |
| 2019 | 2019-12-31 | $41.54B | $1.43B | +3.57% |
| 2018 | 2018-12-31 | $40.11B | $2.16B | +5.70% |
| 2017 | 2017-12-31 | $37.95B | $3.31B | +9.57% |
| 2016 | 2016-12-31 | $34.63B | −$524.0M | −1.49% |
| 2015 | 2015-12-31 | $35.16B | $880.0M | +2.57% |
| 2014 | 2014-12-31 | $34.27B | $1.78B | +5.48% |
| 2013 | 2013-12-31 | $32.49B | $6.32B | +24.12% |
| 2012 | 2012-12-31 | $26.18B | −$6.05B | −18.77% |
| 2011 | 2011-12-31 | $32.23B | $997.0M | +3.19% |
| 2010 | 2010-12-31 | $31.23B | $7.95B | +34.15% |
| 2009 | 2009-12-31 | $23.28B | — | — |
| 2008 | 2008-11-30 | $22.14B | −$4.34B | −16.38% |
| 2007 | 2007-11-30 | $26.48B | — | — |
Morgan Stanley quarterly revenue
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| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $21.35B | $4.56B | +27.13% |
| Q1 2026 | 2026-03-31 | $20.58B | $2.84B | +16.02% |
| Q4 2025 | 2025-12-31 | $17.89B | $1.67B | +10.28% |
| Q3 2025 | 2025-09-30 | $18.22B | $2.84B | +18.47% |
| Q2 2025 | 2025-06-30 | $16.79B | $1.77B | +11.81% |
| Q1 2025 | 2025-03-31 | $17.74B | $2.60B | +17.20% |
| Q4 2024 | 2024-12-31 | $16.22B | $3.33B | +25.80% |
| Q3 2024 | 2024-09-30 | $15.38B | $2.11B | +15.90% |
| Q2 2024 | 2024-06-30 | $15.02B | $1.56B | +11.61% |
| Q1 2024 | 2024-03-31 | $15.14B | $619.0M | +4.26% |
| Q4 2023 | 2023-12-31 | $12.90B | $147.0M | +1.15% |
| Q3 2023 | 2023-09-30 | $13.27B | $287.0M | +2.21% |
| Q2 2023 | 2023-06-30 | $13.46B | $325.0M | +2.47% |
| Q1 2023 | 2023-03-31 | $14.52B | −$284.0M | −1.92% |
| Q4 2022 | 2022-12-31 | $12.75B | −$1.77B | −12.22% |
| Q3 2022 | 2022-09-30 | $12.99B | −$1.77B | −11.98% |
| Q2 2022 | 2022-06-30 | $13.13B | −$1.63B | −11.02% |
| Q1 2022 | 2022-03-31 | $14.80B | −$918.0M | −5.84% |
| Q4 2021 | 2021-12-31 | $14.52B | $884.0M | +6.48% |
| Q3 2021 | 2021-09-30 | $14.75B | $3.03B | +25.87% |
| Q2 2021 | 2021-06-30 | $14.76B | $1.10B | +8.05% |
| Q1 2021 | 2021-03-31 | $15.72B | $5.94B | +60.74% |
| Q4 2020 | 2020-12-31 | $13.64B | $2.78B | +25.63% |
| Q3 2020 | 2020-09-30 | $11.72B | $1.69B | +16.84% |
| Q2 2020 | 2020-06-30 | $13.66B | $3.42B | +33.35% |
| Q1 2020 | 2020-03-31 | $9.78B | −$507.0M | −4.93% |
| Q4 2019 | 2019-12-31 | $10.86B | $2.31B | +27.01% |
| Q3 2019 | 2019-09-30 | $10.03B | $160.0M | +1.62% |
| Q2 2019 | 2019-06-30 | $10.24B | −$366.0M | −3.45% |
| Q1 2019 | 2019-03-31 | $10.29B | −$791.0M | −7.14% |
| Q4 2018 | 2018-12-31 | $8.55B | −$952.0M | −10.02% |
| Q3 2018 | 2018-09-30 | $9.87B | $675.0M | +7.34% |
| Q2 2018 | 2018-06-30 | $10.61B | $1.11B | +11.65% |
| Q1 2018 | 2018-03-31 | $11.08B | $1.33B | +13.67% |
| Q4 2017 | 2017-12-31 | $9.50B | $479.0M | +5.31% |
| Q3 2017 | 2017-09-30 | $9.20B | $288.0M | +3.23% |
| Q2 2017 | 2017-06-30 | $9.50B | $594.0M | +6.67% |
| Q1 2017 | 2017-03-31 | $9.74B | $1.95B | +25.06% |
| Q4 2016 | 2016-12-31 | $9.02B | $1.28B | +16.58% |
| Q3 2016 | 2016-09-30 | $8.91B | $1.14B | +14.70% |
| Q2 2016 | 2016-06-30 | $8.91B | −$834.0M | −8.56% |
| Q1 2016 | 2016-03-31 | $7.79B | −$2.12B | −21.35% |
| Q4 2015 | 2015-12-31 | $7.74B | −$26.0M | −0.33% |
| Q3 2015 | 2015-09-30 | $7.77B | −$1.14B | −12.80% |
| Q2 2015 | 2015-06-30 | $9.74B | $1.14B | +13.19% |
| Q1 2015 | 2015-03-31 | $9.91B | $911.0M | +10.13% |
| Q4 2014 | 2014-12-31 | $7.76B | −$81.0M | −1.03% |
| Q3 2014 | 2014-09-30 | $8.91B | $951.0M | +11.95% |
| Q2 2014 | 2014-06-30 | $8.61B | $88.0M | +1.03% |
| Q1 2014 | 2014-03-31 | $9.00B | $824.0M | +10.08% |
| Q4 2013 | 2013-12-31 | $7.84B | $882.0M | +12.67% |
| Q3 2013 | 2013-09-30 | $7.96B | $2.68B | +50.74% |
| Q2 2013 | 2013-06-30 | $8.52B | $1.58B | +22.78% |
| Q1 2013 | 2013-03-31 | $8.17B | $1.25B | +18.02% |
| Q4 2012 | 2012-12-31 | $6.96B | $1.29B | +22.70% |
| Q3 2012 | 2012-09-30 | $5.28B | −$4.53B | −46.16% |
| Q2 2012 | 2012-06-30 | $6.94B | −$2.27B | −24.63% |
| Q1 2012 | 2012-03-31 | $6.92B | −$711.0M | −9.31% |
| Q4 2011 | 2011-12-31 | $5.67B | −$2.07B | −26.71% |
| Q3 2011 | 2011-09-30 | $9.80B | $3.07B | +45.60% |
| Q2 2011 | 2011-06-30 | $9.21B | $1.26B | +15.81% |
| Q1 2011 | 2011-03-31 | $7.63B | −$1.35B | −15.03% |
| Q4 2010 | 2010-12-31 | $7.74B | $907.0M | +13.27% |
| Q3 2010 | 2010-09-30 | $6.73B | −$1.74B | −20.49% |
| Q2 2010 | 2010-06-30 | $7.95B | $2.75B | +53.00% |
| Q1 2010 | 2010-03-31 | $8.99B | $6.05B | +206.27% |
| Q4 2009 | 2009-12-31 | $6.84B | — | — |
| Q3 2009 | 2009-09-30 | $8.47B | −$9.54B | −52.98% |
| Q2 2009 | 2009-06-30 | $5.20B | −$915.0M | −14.97% |
| Q1 2009 | 2009-03-31 | $2.93B | — | — |
| Q3 2008 | 2008-09-30 | $18.01B | — | — |
| Q2 2008 | 2008-06-30 | $6.11B | — | — |
Morgan Stanley revenue growth trends
Over the last five reported fiscal years, revenue grew from $48.76B to $70.64B, a compound annual growth rate of 7.70%. Morgan Stanley's latest reported quarter, Q2 2026, generated $21.35B in revenue, an increase of 27.13% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Financial data
Standardized company financials
TickerStat standardizes company financial facts for consistent comparison. Derived growth rates use the displayed values and are not guidance or forecasts.
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