Morgan StanleyMSEarnings & Financial Report
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked No. 30 in the Forbes Global 2000.
MS Q3 2025 Key Financial Metrics
Revenue
$18.2B
Gross Profit
N/A
Operating Profit
$6.0B
Net Profit
$4.6B
Gross Margin
N/A
Operating Margin
33.1%
Net Margin
25.3%
YoY Growth
18.5%
EPS
$2.80
Financial Flow
Morgan Stanley Q3 2025 Financial Summary
Morgan Stanley reported revenue of $18.2B for Q3 2025, with a net profit of $4.6B (25.3% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $18.2B |
|---|---|
| Net Profit | $4.6B |
| Gross Margin | N/A |
| Operating Margin | 33.1% |
| Report Period | Q3 2025 |
Morgan Stanley Annual Revenue by Year
Morgan Stanley annual revenue history includes year-by-year totals (for example, 2024 revenue was $61.8B).
| Year | Annual Revenue |
|---|---|
| 2024 | $61.8B |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.27B | $15.14B | $15.02B | $15.38B | $16.22B | $17.74B | $16.79B | $18.22B |
| YoY Growth | 2.2% | 4.3% | 11.6% | 15.9% | N/A | 17.2% | 11.8% | 18.5% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1169.01B | $1228.50B | $1212.45B | $1258.03B | $1215.07B | $1300.30B | $1353.87B | $1364.81B |
| Liabilities | $1068.86B | $1128.36B | $1110.84B | $1153.36B | $1109.64B | $1192.45B | $1244.60B | $1253.76B |
| Equity | $99.21B | $99.20B | $100.71B | $103.65B | $104.51B | $106.81B | $108.18B | $109.96B |
Cash Flow
| Q1 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|
| Operating CF | $4.36B | $-23.98B | $11.83B | $-3.33B |
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