MSCI Inc. (MSCI)
NYSE: MSCI · Real-Time Price · USD
592.69
-5.32 (-0.89%)
At close: Apr 24, 2026, 4:00 PM EDT
590.00
-2.69 (-0.45%)
After-hours: Apr 24, 2026, 7:45 PM EDT

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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
2.33B2.28B2.11B
Recurring Subscriptions Operating Revenue Growth
2.09%7.77%12.99%
Asset-Based Fees Operating Revenue
817.76M770.67M657.50M
Asset-Based Fees Operating Revenue Growth
6.11%17.21%17.94%
Non-Recurring Operating Revenue
95.42M85.09M84.18M
Non-Recurring Operating Revenue Growth
12.14%1.07%-15.93%
Revenue (Other)
-5.00K-3.00K
Revenue (Total)
3.24B3.13B2.86B
Revenue (Total) Growth
3.35%9.74%12.94%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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
1.86B1.79B1.60B
Index Operating Revenue Growth
4.17%11.95%9.94%
Analytics Operating Revenue
732.21M714.40M675.09M
Analytics Operating Revenue Growth
2.49%5.82%9.60%
Sustainability and Climate Operating Revenue
361.20M353.92M326.60M
Sustainability and Climate Operating Revenue Growth
2.06%8.36%13.57%
All Other - Private Assets Operating Revenue
284.66M279.34M258.29M
All Other - Private Assets Operating Revenue Growth
1.91%8.15%48.80%
Revenue (Total)
3.24B3.13B2.86B
Revenue (Total) Growth
3.35%9.74%12.94%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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
1.43B1.37B1.22B
Index Adjusted EBITDA Growth
4.66%11.78%10.40%
Analytics Adjusted EBITDA
349.30M342.53M328.30M
Analytics Adjusted EBITDA Growth
1.98%4.34%19.43%
Sustainability and Climate Adjusted EBITDA
137.66M128.48M104.71M
Sustainability and Climate Adjusted EBITDA Growth
7.14%22.70%14.21%
All Other - Private Assets Adjusted EBITDA
68.92M69.44M61.43M
All Other - Private Assets Adjusted EBITDA Growth
-0.75%13.04%24.28%
Operating Income (Other)
-192.07M-192.88M-187.96M
Operating Income (Total)
1.79B1.71B1.53B
Operating Income (Total) Growth
4.66%12.11%10.39%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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
1.11B1.10B1.02B
Americas - Subscription Run Rate Growth
1.46%7.14%7.47%
EMEA - Subscription Run Rate
956.00M946.00M851.00M
EMEA - Subscription Run Rate Growth
1.06%11.16%6.78%
APAC - Subscription Run Rate
419.00M408.00M369.00M
APAC - Subscription Run Rate Growth
2.70%10.57%6.34%
Asset Managers - Subscription Run Rate Contribution
45.00%45.00%50.00%
Hedge Funds - Subscription Run Rate Contribution
11.00%10.00%10.00%
Wealth Management - Subscription Run Rate Contribution
6.00%7.00%5.00%
Other Clients - Subscription Run Rate Contribution
4.00%5.00%8.00%
Asset Owners & Consultants - Subscription Run Rate Contribution
13.00%13.00%13.00%
Banks & Brokerages - Subscription Run Rate Contribution
16.00%16.00%14.00%
Insurance Companies - Subscription Run Rate Contribution
4.00%4.00%-
US - AUM in ETFs Linked to MSCI Equity Indexes Exposure
553.00B567.00B482.00B
US - AUM in ETFs Linked to MSCI Equity Indexes Exposure Growth
-2.47%17.64%18.72%
Emerging Markets - AUM in ETFs Linked to MSCI Equity Indexes Exposure
683.00B629.00B431.00B
Emerging Markets - AUM in ETFs Linked to MSCI Equity Indexes Exposure Growth
8.58%45.94%14.02%
Developed Markets (ex. US) - AUM in ETFs Linked to MSCI Equity Indexes Exposure
1.17T1.14T812.00B
Developed Markets (ex. US) - AUM in ETFs Linked to MSCI Equity Indexes Exposure Growth
2.01%40.89%18.54%
AUM in ETFs Linked to MSCI Equity Indexes
2.40T2.34T1.72T
AUM in ETFs Linked to MSCI Equity Indexes Growth
2.66%35.72%17.41%
Market Appreciation - AUM in ETFs Linked to MSCI Equity Indexes
354.80B412.20B140.00B
Market Appreciation - AUM in ETFs Linked to MSCI Equity Indexes Growth
-13.93%194.43%-29.26%
Cash Inflows - AUM in ETFs Linked to MSCI Equity Indexes
264.80B203.80B115.80B
Cash Inflows - AUM in ETFs Linked to MSCI Equity Indexes Growth
29.93%75.99%140.75%
Period-End Basis Point Fee - ETFs Linked to MSCI Equity Indexes
2.352.412.44
Period-End Basis Point Fee - ETFs Linked to MSCI Equity Indexes Growth
-2.49%-1.23%-2.40%
Updated Apr 21, 2026. Data Source: Fiscal.ai.