MS
NYSEMorgan Stanley
Revenue and Net Income
Values in USD
Income Statement
Values in USD
| Financial item | TTMJun 30, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|---|
Total Revenue | 73.05B | 65.97B | 57.62B | 50.67B | 50.21B |
Pretax Income | 26.15B | 21.95B | 17.60B | 11.81B | 14.09B |
Tax Provision | 5.78B | 4.93B | 4.07B | 2.58B | 2.91B |
Net Income Common Stockholders | 19.55B | 16.25B | 12.80B | 8.53B | 10.54B |
Diluted NI Available to Com Stockholders | 19.55B | 16.25B | 12.80B | 8.53B | 10.54B |
Basic EPS | 12.50 | 10.32 | 8.04 | 5.24 | 6.23 |
Diluted EPS | 12.38 | 10.21 | 7.95 | 5.18 | 6.15 |
Basic Average Shares | 1.56B | 1.57B | 1.59B | 1.63B | 1.69B |
Diluted Average Shares | 1.58B | 1.59B | 1.61B | 1.65B | 1.71B |
Net Income from Continuing & Discontinued Operation | 20.16B | 16.86B | 13.39B | 9.09B | 11.03B |
Normalized Income | 20.41B | 16.97B | 13.39B | 9.09B | 11.03B |
Interest Income | 61.59B | 59.06B | 54.13B | 45.85B | 21.59B |
Interest Expense | 50.76B | 49.02B | 45.52B | 37.62B | 12.27B |
Net Interest Income | 10.83B | 10.05B | 8.61B | 8.23B | 9.33B |
Reconciled Depreciation | — | 4.66B | 5.16B | 4.26B | 4.00B |
Net Income from Continuing Operation Net Minority Interest | 20.16B | 16.86B | 13.39B | 9.09B | 11.03B |
Total Unusual Items Excluding Goodwill | -322.00M | -144.00M | — | -1.18B | -470.00M |
Total Unusual Items | -322.00M | -144.00M | — | -1.18B | -470.00M |
Tax Rate for Calcs | 0.22 | 0.22 | 0.23 | 0.22 | 0.21 |
Tax Effect of Unusual Items | -71.14M | -32.33M | 0.00 | 0.00 | 0.00 |
Key Statistics
Valuation
Volume & Shares
Growth Indicators
Currency & Exchange
Morgan Stanley, a financial holding company, provides various financial products and services to governments, financial institutions, and individuals in the Americas, Asia, Europe, Middle East, and Africa. The company operates through Institutional Securities, Wealth Management, and Investment Management segments. It offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services Asia wealth management business-related investments services originating corporate and commercial real estate loans, secured lending facilities, and extending securities and research. In addition, the company offers financial advisor-led brokerage, custody, and administrative and investment advisory services self-directed brokerage services financial and wealth planning services stock plan administration securities-based lending, residential and commercial real estate loans, and other lending products banking and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. The company was founded in 1924 and is headquartered in New York, New York.