MSCI Inc. (MSCI)
NYSE: MSCI · Real-Time Price · USD
641.01
-14.90 (-2.27%)
Nov 6, 2026, 4:00 PM EST - Market closed
MSCI Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 892 | 867 | 850.8 | 822.53 | 793.4 | 772.7 | 745.8 | 743.51 | 724.71 | 707.95 | 679.97 | 690.11 | 625.44 | 621.16 | 592.22 | 576.21 | 560.64 | 551.81 | 559.95 | 549.84 | |
Revenue Growth (YoY) | 12.43% | 12.20% | 14.08% | 10.63% | 9.48% | 9.15% | 9.68% | 7.74% | 15.87% | 13.97% | 14.82% | 19.77% | 11.56% | 12.57% | 5.76% | 4.79% | 8.42% | 10.76% | 17.04% | 23.93% |
Cost of Revenue | 152.2 | 149.9 | 141.8 | 143.38 | 132.5 | 137.7 | 136.8 | 131.57 | 126.19 | 128.11 | 128.51 | 122.56 | 105.31 | 110.07 | 108.65 | 102.38 | 98.42 | 100.77 | 102.77 | 95.9 |
Gross Profit | 739.8 | 717.1 | 709 | 679.15 | 660.9 | 635 | 609 | 611.94 | 598.51 | 579.84 | 551.45 | 567.55 | 520.13 | 511.09 | 483.57 | 473.82 | 462.22 | 451.04 | 457.17 | 453.94 |
Selling, General & Admin | 137.3 | 133 | 154.7 | 129.5 | 121.4 | 120.3 | 135.8 | 129.46 | 109.23 | 108.43 | 127.35 | 114.47 | 102.4 | 103.65 | 107.52 | 106.05 | 95.32 | 95.98 | 110.31 | 104.69 |
Research & Development | 47.6 | 46 | 49.6 | 41.12 | 44.8 | 44.1 | 47.6 | 38.47 | 38.58 | 41.07 | 40.53 | 39.22 | 31.44 | 30.14 | 31.32 | 29.03 | 25.94 | 23.92 | 28.32 | 30.82 |
Amortization of Goodwill & Intangibles | 45.2 | 43.8 | 41.9 | 40.91 | 41 | 43.7 | 43.9 | 42.72 | 41.94 | 40.77 | 38.6 | 36.89 | 26.72 | 26.15 | 24.67 | 23.81 | 23.38 | 22.18 | 21.72 | 21.02 |
Operating Expenses | 236.6 | 229 | 252.1 | 219.01 | 213 | 213.5 | 232 | 214.99 | 194.08 | 194.5 | 210.56 | 196.02 | 165.81 | 165.14 | 168.97 | 166.09 | 151.76 | 148.84 | 166.88 | 165.88 |
Operating Income | 503.2 | 488.1 | 456.9 | 460.14 | 447.9 | 421.5 | 377 | 396.96 | 404.43 | 385.34 | 340.89 | 371.53 | 354.32 | 345.95 | 314.6 | 307.74 | 310.46 | 302.2 | 290.29 | 288.06 |
Interest Expense | -74.8 | -71 | -69.1 | -63.59 | -53.6 | -46.2 | -46.5 | -45.51 | -46.69 | -46.63 | -46.67 | -46.95 | -46.9 | -46.62 | -46.21 | -45.61 | -44.16 | -41.09 | -40.71 | -40.34 |
Interest & Investment Income | 2.9 | 2.5 | 2.8 | 4.1 | 5.1 | 2.9 | 3.9 | 3.9 | 5.22 | 6.11 | 6.05 | 3.4 | 10.31 | 10.4 | 10.36 | 6.61 | 3.94 | 0.92 | 0.3 | 0.37 |
Currency Exchange Gain (Loss) | - | - | - | -9.1 | - | - | - | -4.8 | - | - | - | -4.5 | - | - | - | 0.5 | - | - | - | -1.9 |
Other Non Operating Income (Expenses) | -2.3 | -1.7 | -1.4 | 9.06 | -2.6 | -4.2 | -3.3 | 7.35 | -2.93 | -2.09 | -2.86 | 3.27 | 0.94 | -2.58 | -2.39 | -2.87 | -0.1 | -0.19 | 0.38 | 2.37 |
EBT Excluding Unusual Items | 429 | 417.9 | 389.2 | 400.61 | 396.8 | 374 | 331.1 | 357.9 | 360.03 | 342.73 | 297.4 | 326.74 | 318.66 | 307.16 | 276.37 | 266.37 | 270.13 | 261.85 | 250.26 | 248.57 |
Merger & Restructuring Charges | - | - | - | - | - | - | - | 6.95 | -3.1 | -2.35 | -1.51 | -1.42 | -1.01 | - | - | - | -0.93 | -1.82 | -1.31 | -1.42 |
Gain (Loss) on Sale of Investments | - | - | - | -11.77 | - | - | - | - | - | - | - | 143.03 | - | - | - | - | - | - | - | 7 |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | -0.48 | - | - | - | -0.71 | - | - | - | -8.39 |
Other Unusual Items | -1.1 | -0.6 | - | - | -0.3 | 3.8 | - | -1.51 | - | -0.38 | - | - | - | - | - | - | - | - | - | - |
Pretax Income | 427.9 | 417.3 | 389.2 | 388.84 | 396.5 | 377.8 | 331.1 | 363.35 | 356.94 | 339.99 | 295.89 | 467.88 | 317.66 | 307.16 | 276.37 | 265.66 | 269.2 | 260.03 | 248.94 | 245.76 |
Income Tax Expense | 76.9 | 75.3 | -16.8 | 104.17 | 71.2 | 74.1 | 42.5 | 57.83 | 76.04 | 73.24 | 39.94 | 64.5 | 58 | 60.33 | 37.64 | 50.69 | 52.61 | 49.45 | 20.52 | 51.9 |
Earnings From Continuing Operations | 351 | 342 | 406 | 284.67 | 325.3 | 303.7 | 288.6 | 305.52 | 280.9 | 266.76 | 255.95 | 403.38 | 259.66 | 246.83 | 238.73 | 214.97 | 216.59 | 210.59 | 228.42 | 193.87 |
Net Income | 351 | 342 | 406 | 284.67 | 325.3 | 303.7 | 288.6 | 305.52 | 280.9 | 266.76 | 255.95 | 403.38 | 259.66 | 246.83 | 238.73 | 214.97 | 216.59 | 210.59 | 228.42 | 193.87 |
Net Income to Common | 351 | 342 | 406 | 284.67 | 325.3 | 303.7 | 288.6 | 305.52 | 280.9 | 266.76 | 255.95 | 403.38 | 259.66 | 246.83 | 238.73 | 214.97 | 216.59 | 210.59 | 228.42 | 193.87 |
Net Income Growth (YoY) | 7.90% | 12.61% | 40.68% | -6.82% | 15.81% | 13.85% | 12.75% | -24.26% | 8.18% | 8.08% | 7.22% | 87.64% | 19.88% | 17.21% | 4.51% | 10.89% | 27.50% | 27.30% | 16.06% | 24.10% |
Shares Outstanding (Basic) | 72 | 73 | 73 | 75 | 77 | 77 | 78 | 78 | 78 | 79 | 79 | 79 | 79 | 80 | 80 | 80 | 81 | 81 | 82 | 82 |
Shares Outstanding (Diluted) | 72 | 73 | 73 | 75 | 77 | 78 | 78 | 78 | 79 | 79 | 80 | 79 | 80 | 80 | 80 | 80 | 81 | 81 | 82 | 84 |
Shares Change (YoY) | -5.61% | -5.93% | -5.66% | -4.68% | -2.70% | -2.20% | -2.15% | -1.43% | -0.97% | -0.83% | -1.21% | -1.15% | -1.70% | -1.71% | -2.19% | -3.77% | -3.21% | -2.40% | -1.45% | -0.15% |
EPS (Basic) | 4.87 | 4.70 | 5.54 | 3.82 | 4.25 | 3.92 | 3.72 | 3.91 | 3.58 | 3.37 | 3.23 | 5.10 | 3.28 | 3.10 | 2.98 | 2.69 | 2.69 | 2.60 | 2.80 | 2.35 |
EPS (Diluted) | 4.86 | 4.69 | 5.53 | 3.82 | 4.25 | 3.92 | 3.71 | 3.90 | 3.57 | 3.37 | 3.22 | 5.08 | 3.27 | 3.09 | 2.97 | 2.67 | 2.68 | 2.59 | 2.78 | 2.32 |
EPS Growth (YoY) | 14.35% | 19.64% | 49.06% | -2.27% | 19.05% | 16.32% | 15.22% | -23.13% | 9.17% | 9.06% | 8.42% | 90.23% | 22.02% | 19.30% | 6.83% | 15.08% | 32.02% | 30.15% | 17.80% | 24.66% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 422.7 | 359.8 | 304 | 488.69 | 445.4 | 324.9 | 290.1 | 416.39 | 414.98 | 340.63 | 295.87 | 385.14 | 287.57 | 282.65 | 257.92 | 309.82 | 319.79 | 209.21 | 242.93 | 266.76 |
Free Cash Flow Per Share | 5.85 | 4.94 | 4.14 | 6.54 | 5.82 | 4.19 | 3.73 | 5.31 | 5.27 | 4.30 | 3.72 | 4.84 | 3.62 | 3.54 | 3.21 | 3.85 | 3.95 | 2.57 | 2.95 | 3.19 |
Dividend Per Share | 2.050 | 2.050 | 2.050 | 1.800 | 1.800 | 1.800 | 1.800 | 1.600 | 1.600 | 1.600 | 1.600 | 1.380 | 1.380 | 1.380 | 1.380 | 1.250 | 1.250 | 1.040 | 1.040 | 1.040 |
Dividend Growth (YoY) | 13.89% | 13.89% | 13.89% | 12.50% | 12.50% | 12.50% | 12.50% | 15.94% | 15.94% | 15.94% | 15.94% | 10.40% | 10.40% | 32.69% | 32.69% | 20.19% | 20.19% | 33.33% | 33.33% | 33.33% |
Gross Margin | 82.94% | 82.71% | 83.33% | 82.57% | 83.30% | 82.18% | 81.66% | 82.30% | 82.59% | 81.90% | 81.10% | 82.24% | 83.16% | 82.28% | 81.65% | 82.23% | 82.45% | 81.74% | 81.65% | 82.56% |
Operating Margin | 56.41% | 56.30% | 53.70% | 55.94% | 56.45% | 54.55% | 50.55% | 53.39% | 55.81% | 54.43% | 50.13% | 53.84% | 56.65% | 55.69% | 53.12% | 53.41% | 55.38% | 54.77% | 51.84% | 52.39% |
Profit Margin | 39.35% | 39.45% | 47.72% | 34.61% | 41.00% | 39.30% | 38.70% | 41.09% | 38.76% | 37.68% | 37.64% | 58.45% | 41.52% | 39.74% | 40.31% | 37.31% | 38.63% | 38.16% | 40.79% | 35.26% |
Free Cash Flow Margin | 47.39% | 41.50% | 35.73% | 59.41% | 56.14% | 42.05% | 38.90% | 56.00% | 57.26% | 48.12% | 43.51% | 55.81% | 45.98% | 45.50% | 43.55% | 53.77% | 57.04% | 37.91% | 43.38% | 48.52% |
EBITDA | 530.7 | 515.2 | 482.4 | 487.42 | 474.5 | 451.1 | 407.5 | 427.11 | 434.83 | 415.46 | 370.24 | 401.5 | 375.32 | 367 | 335.89 | 330.01 | 333.4 | 324.82 | 312.72 | 311.89 |
EBITDA Margin | 59.50% | 59.42% | 56.70% | 59.26% | 59.81% | 58.38% | 54.64% | 57.45% | 60.00% | 58.68% | 54.45% | 58.18% | 60.01% | 59.08% | 56.72% | 57.27% | 59.47% | 58.87% | 55.85% | 56.72% |
D&A For EBITDA | 27.5 | 27.1 | 25.5 | 27.28 | 26.6 | 29.6 | 30.5 | 30.15 | 30.4 | 30.12 | 29.35 | 29.97 | 21 | 21.05 | 21.29 | 22.28 | 22.94 | 22.62 | 22.43 | 23.83 |
EBIT | 503.2 | 488.1 | 456.9 | 460.14 | 447.9 | 421.5 | 377 | 396.96 | 404.43 | 385.34 | 340.89 | 371.53 | 354.32 | 345.95 | 314.6 | 307.74 | 310.46 | 302.2 | 290.29 | 288.06 |
EBIT Margin | 56.41% | 56.30% | 53.70% | 55.94% | 56.45% | 54.55% | 50.55% | 53.39% | 55.81% | 54.43% | 50.13% | 53.84% | 56.65% | 55.69% | 53.12% | 53.41% | 55.38% | 54.77% | 51.84% | 52.39% |
Effective Tax Rate | 17.97% | 18.05% | - | 26.79% | 17.96% | 19.61% | 12.84% | 15.92% | 21.30% | 21.54% | 13.50% | 13.79% | 18.26% | 19.64% | 13.62% | 19.08% | 19.54% | 19.02% | 8.24% | 21.12% |