MSCI Inc. (MSCI) income statement
NYSE · Financial Services · Financial - Data & Stock Exchanges · 6,268 employees · CEO Henry A. Fernandez
- Price
- $623.38 +0.78%
- Market cap
- $45.3B
- Enterprise value
- $51.9B
- Last report
- Q3 '26 filed 2026-10-20
- Next report
- 2027-01-26 EPS est. $5.09
MSCI Inc. (MSCI) reported revenue of $892M for Q3 '26 (+12.4% year on year), operating income of $502M (56.3% of revenue) and net income of $351M. Over the last four quarters revenue was $3.43B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $690M | $680M | $708M | $725M | $744M | $746M | $773M | $793M | $823M | $851M | $867M | $892M | |
| Cost of revenue | $123M | $129M | $128M | $126M | $132M | $137M | $138M | $133M | $143M | $142M | $150M | $152M | |
| Gross profit | $568M | $551M | $580M | $599M | $612M | $609M | $635M | $661M | $679M | $709M | $717M | $740M | |
| Research & development | $39.2M | $40.5M | $41.1M | $38.6M | $38.5M | $47.6M | $44.1M | $44.8M | $41.1M | $49.6M | $46M | $47.6M | |
| Sales & marketing | $75.2M | $72.2M | $71.5M | $70.8M | $76.8M | $78.7M | $78.2M | $79.9M | $83.1M | $85.7M | $87.4M | $90.2M | |
| General & administrative | $40.4M | $56.7M | $39.7M | $41.6M | $44.4M | $57.1M | $38.3M | $41.8M | $43M | $69M | $46.2M | $48.2M | |
| Other operating expenses | $42M | $42.7M | $45M | $46.3M | $47.1M | $48.6M | $49.1M | $46.7M | $48.4M | $47.8M | $50M | $51.7M | |
| Operating expenses | $197M | $212M | $197M | $197M | $207M | $232M | $210M | $213M | $216M | $252M | $230M | $238M | |
| Operating income | $371M | $339M | $383M | $401M | $405M | $377M | $425M | $448M | $464M | $457M | $488M | $502M | |
| Interest income | $3.4M | $6.05M | $6.11M | $5.22M | $3.9M | $3.88M | $2.93M | $5.11M | $4.1M | $2.8M | $8.1M | $2.9M | |
| Interest expense | $47M | $46.7M | $46.6M | $46.7M | $45.5M | $46.5M | $46.2M | $53.6M | $63.6M | $69.1M | $71M | $74.8M | |
| Other non-operating income (gains on investments, FX ...) | -$144M | -$1.51M | -$4.02M | -$2.29M | -$3.66M | -$539K | $1.21M | -$2.44M | $11.2M | -$1.4M | $1.4M | -$600K | |
| Total non-operating income | $97.1M | -$43.5M | -$42.6M | -$44.4M | -$41.8M | -$46M | -$47.4M | -$51.2M | -$74.8M | -$67.7M | -$70.2M | -$74.2M | |
| Income before tax | $468M | $296M | $340M | $357M | $363M | $331M | $378M | $397M | $389M | $389M | $417M | $428M | |
| Income tax | $64.5M | $39.9M | $73.2M | $76M | $57.8M | $42.5M | $74.2M | $71.1M | $104M | -$16.8M | $75.3M | $76.9M | |
| Net income | $403M | $256M | $267M | $281M | $306M | $289M | $304M | $325M | $285M | $406M | $342M | $351M | |
| EPS (basic) | $5.10 | $3.23 | $3.37 | $3.58 | $3.90 | $3.72 | $3.92 | $4.25 | $3.69 | $5.54 | $4.70 | $4.87 | |
| EPS (diluted) | $5.07 | $3.22 | $3.37 | $3.57 | $3.90 | $3.71 | $3.92 | $4.24 | $3.68 | $5.53 | $4.70 | $4.86 | |
| Shares (basic, weighted) | 79.1M | 79.2M | 79.1M | 78.5M | 78.4M | 77.6M | 77.4M | 77.2M | 77.2M | 73.3M | 73M | 72.1M | |
| Shares (diluted, weighted) | 79.5M | 79.5M | 79.2M | 78.7M | 78.4M | 77.8M | 77.5M | 77.3M | 77.3M | 73.4M | 73.1M | 72.3M | |
| Depreciation & amortization | $48.3M | $48.5M | $51M | $54M | $52.7M | $54.5M | $55.3M | $53.2M | $55.6M | $54.6M | $57.5M | $51.7M | |
| EBITDA | $563M | $389M | $438M | $458M | $462M | $432M | $479M | $503M | $508M | $513M | $545M | $554M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.27B | $1.43B | $1.56B | $1.7B | $2.04B | $2.25B | $2.53B | $2.86B | $3.13B | |
| Cost of revenue | $252M | $274M | $287M | $295M | $292M | $359M | $404M | $447M | $514M | $550M | |
| Gross profit | $899M | $1B | $1.15B | $1.26B | $1.4B | $1.68B | $1.84B | $2.08B | $2.34B | $2.58B | |
| Research & development | $75.2M | $75.9M | $81.4M | $98.3M | $101M | $112M | $107M | $132M | $159M | $178M | |
| Sales & marketing | $167M | $177M | $193M | $219M | $216M | $243M | $265M | $276M | $291M | $320M | |
| General & administrative | $87.2M | $87.9M | $99.9M | $110M | $115M | $148M | $147M | $154M | $182M | $180M | |
| Other operating expenses | $81.4M | $80M | $85.5M | $79.4M | $86.7M | $109M | $118M | $135M | $181M | $193M | |
| Operating expenses | $410M | $421M | $460M | $507M | $519M | $612M | $637M | $698M | $813M | $871M | |
| Operating income | $488M | $580M | $687M | $756M | $885M | $1.07B | $1.21B | $1.38B | $1.53B | $1.71B | |
| Interest income | $2.91M | $6.31M | $19.7M | $16.4M | $5.03M | $1.5M | $11.8M | $34.5M | $21.3M | $16M | |
| Interest expense | $102M | $116M | $133M | $148M | $156M | $160M | $172M | $187M | $186M | $210M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | -$76.1M | $4.34M | $42.2M | $55M | -$7.77M | -$171M | -$13.2M | $9.42M | |
| Total non-operating income | -$102M | -$113M | -$57M | -$152M | -$199M | -$215M | -$164M | -$15.5M | -$172M | -$219M | |
| Income before tax | $386M | $467M | $630M | $603M | $686M | $858M | $1.04B | $1.37B | $1.36B | $1.49B | |
| Income tax | $125M | $163M | $122M | $39.7M | $84.4M | $132M | $173M | $220M | $247M | $292M | |
| Net income | $261M | $304M | $508M | $564M | $602M | $726M | $871M | $1.15B | $1.11B | $1.2B | |
| EPS (basic) | $2.72 | $3.36 | $5.83 | $6.66 | $7.19 | $8.80 | $10.78 | $14.45 | $14.09 | $15.58 | |
| EPS (diluted) | $2.70 | $3.31 | $5.66 | $6.59 | $7.12 | $8.70 | $10.72 | $14.39 | $14.05 | $15.56 | |
| Shares (basic, weighted) | 96M | 90.3M | 87.2M | 84.6M | 83.7M | 82.5M | 80.7M | 79.5M | 78.7M | 77.2M | |
| Shares (diluted, weighted) | 96.5M | 91.9M | 89.7M | 85.5M | 84.5M | 83.5M | 81.2M | 79.8M | 79M | 77.3M | |
| Depreciation & amortization | $81.4M | $80M | $85.5M | $102M | $111M | $134M | $142M | $159M | $206M | $219M | |
| EBITDA | $569M | $661M | $849M | $853M | $953M | $1.15B | $1.36B | $1.71B | $1.75B | $1.93B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02