MSCI Inc. (BVMF:M1SC34)
Brazil flag Brazil · Delayed Price · Currency is BRL
66.25
-1.95 (-2.86%)
At close: Feb 6, 2026

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Recurring Subscriptions Operating Revenue
2.28B2.11B
Recurring Subscriptions Operating Revenue Growth
7.77%12.99%
Asset-Based Fees Operating Revenue
770.67M657.50M
Asset-Based Fees Operating Revenue Growth
17.21%17.94%
Non-Recurring Operating Revenue
85.09M84.18M
Non-Recurring Operating Revenue Growth
1.07%-15.93%
Revenue (Total)
3.13B2.86B
Revenue (Total) Growth
9.74%12.94%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Index Operating Revenue
1.79B1.60B
Index Operating Revenue Growth
11.95%9.94%
Analytics Operating Revenue
714.40M675.09M
Analytics Operating Revenue Growth
5.82%9.60%
Sustainability and Climate Operating Revenue
353.92M326.60M
Sustainability and Climate Operating Revenue Growth
8.36%13.57%
All Other - Private Assets Operating Revenue
279.34M258.29M
All Other - Private Assets Operating Revenue Growth
8.15%48.80%
Revenue (Total)
3.13B2.86B
Revenue (Total) Growth
9.74%12.94%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Index Adjusted EBITDA
1.37B1.22B
Index Adjusted EBITDA Growth
11.78%10.40%
Analytics Adjusted EBITDA
342.53M328.30M
Analytics Adjusted EBITDA Growth
4.34%19.43%
Sustainability and Climate Adjusted EBITDA
128.48M104.71M
Sustainability and Climate Adjusted EBITDA Growth
22.70%14.21%
All Other - Private Assets Adjusted EBITDA
69.44M61.43M
All Other - Private Assets Adjusted EBITDA Growth
13.04%24.28%
Operating Income (Other)
-192.89M-187.97M
Operating Income (Total)
1.71B1.53B
Operating Income (Total) Growth
12.11%10.39%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Index - Retention Rate
95.90%94.70%
Analytics - Retention Rate
94.30%94.10%
Sustainability and Climate - Retention Rate
93.20%92.80%
All Other - Private Assets - Retention Rate
91.30%90.60%
Total Company - Retention Rate
94.40%93.70%
Americas - Subscription Run Rate
1.10B1.02B
Americas - Subscription Run Rate Growth
7.14%7.47%
EMEA - Subscription Run Rate
946.00M851.00M
EMEA - Subscription Run Rate Growth
11.16%6.78%
APAC - Subscription Run Rate
408.00M369.00M
APAC - Subscription Run Rate Growth
10.57%6.34%
Asset Managers - Subscription Run Rate Contribution
45.00%50.00%
Hedge Funds - Subscription Run Rate Contribution
10.00%10.00%
Wealth Management - Subscription Run Rate Contribution
7.00%5.00%
Other Clients - Subscription Run Rate Contribution
5.00%8.00%
Asset Owners & Consultants - Subscription Run Rate Contribution
13.00%13.00%
Banks & Brokerages - Subscription Run Rate Contribution
16.00%14.00%
Insurance Companies - Subscription Run Rate Contribution
4.00%-
US - AUM in ETFs Linked to MSCI Equity Indexes Exposure
567.00B482.00B
US - AUM in ETFs Linked to MSCI Equity Indexes Exposure Growth
17.64%18.72%
Emerging Markets - AUM in ETFs Linked to MSCI Equity Indexes Exposure
629.00B431.00B
Emerging Markets - AUM in ETFs Linked to MSCI Equity Indexes Exposure Growth
45.94%14.02%
Developed Markets (ex. US) - AUM in ETFs Linked to MSCI Equity Indexes Exposure
1.14T812.00B
Developed Markets (ex. US) - AUM in ETFs Linked to MSCI Equity Indexes Exposure Growth
40.89%18.54%
AUM in ETFs Linked to MSCI Equity Indexes
2.34T1.72T
AUM in ETFs Linked to MSCI Equity Indexes Growth
35.72%17.41%
Market Appreciation - AUM in ETFs Linked to MSCI Equity Indexes
412.20B140.00B
Market Appreciation - AUM in ETFs Linked to MSCI Equity Indexes Growth
194.43%-29.26%
Cash Inflows - AUM in ETFs Linked to MSCI Equity Indexes
203.80B115.80B
Cash Inflows - AUM in ETFs Linked to MSCI Equity Indexes Growth
75.99%140.75%
Period-End Basis Point Fee - ETFs Linked to MSCI Equity Indexes
2.412.44
Period-End Basis Point Fee - ETFs Linked to MSCI Equity Indexes Growth
-1.23%-2.40%
Updated Dec 31, 2025. Data Source: Fiscal.ai.