MSCI Inc. (MSCI) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, MSCI reported revenue of $3.13B, up 9.7% from $2.86B the year before. Net income was $1.20B (a 38.4% net margin), or $15.69 per diluted share. Gross margin was 54.7% and operating margin was 54.7%. Operating activities generated $1.59B of cash, leaving $1.55B of free cash flow. At fiscal year end, MSCI held $5.70B in total assets against $8.36B in total liabilities, including $515.3M of cash and equivalents.
Open the full interactive MSCI financials → Quarterly statements, key ratios, valuation history and price charts.
MSCI Key Stats
| Share Price | $560.82 |
|---|---|
| Market Cap | $40.88B |
| P/E Ratio | 35.7 |
| Revenue YoY Growth | +9.8% |
| 52-Week Range | $506.19 – $641.54 |
| Shares Outstanding | 72.8 million (basic, 2026 Q2) |
MSCI Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.70B | $2.04B | $2.25B | $2.53B | $2.86B | $3.13B |
| Cost of Goods Sold | $810.6M | $970.8M | $1.04B | $1.14B | $1.33B | $1.42B |
| Gross Profit | $1.40B | $1.07B | $1.21B | $1.38B | $1.53B | $1.71B |
| Operating Income | $884.8M | $1.07B | $1.21B | $1.38B | $1.53B | $1.71B |
| Pre-Tax Income | $686.2M | $858.1M | $1.04B | $1.37B | $1.36B | $1.49B |
| Income Tax | $84.4M | $132.2M | $173.3M | $220.5M | $247.0M | $292.0M |
| Net Income | $601.8M | $726.0M | $870.6M | $1.15B | $1.11B | $1.20B |
| Diluted EPS | $7.12 | $8.70 | $10.72 | $14.39 | $14.05 | $15.69 |
MSCI Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $793.4M | $822.5M | $850.8M | $867.0M |
| Net Income | $325.4M | $284.7M | $406.0M | $342.0M |
| Diluted EPS | $4.25 | $3.71 | $5.53 | $4.69 |
MSCI Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.30B | $1.42B | $993.6M | $461.7M | $409.4M | $515.3M |
| Current Assets | $1.93B | $2.14B | $1.75B | $1.42B | $1.34B | $1.64B |
| Total Assets | $4.20B | $5.51B | $5.00B | $5.52B | $5.45B | $5.70B |
| Current Liabilities | $1.02B | $1.25B | $1.25B | $1.52B | $1.59B | $1.83B |
| Total Long-Term Debt | $3.37B | $4.16B | $4.51B | $4.51B | $4.51B | $6.20B |
| Total Liabilities | $4.64B | $5.67B | $6.01B | $6.26B | $6.39B | $8.36B |
| Shareholders' Equity | -$443.2M | -$163.5M | -$1.01B | -$739.8M | -$940.0M | -$2.65B |
MSCI Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $811.1M | $936.1M | $1.10B | $1.24B | $1.50B | $1.59B |
| Cash From Investing | -$241.8M | -$1.04B | -$79.3M | -$819.4M | -$144.3M | -$130.1M |
| Cash From Financing | -$779.0M | $229.5M | -$1.43B | -$953.9M | -$1.40B | -$1.36B |
| Free Cash Flow | $789.3M | $922.6M | $1.08B | $1.21B | $1.47B | $1.55B |
Figures from MSCI's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full MSCI financials page for every line item.
MSCI Company Profile
| Ticker | MSCI |
|---|---|
| Exchange | NYSE |
| Industry | Business Services (Other) (Services) |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001408198 |
Frequently Asked Questions
What was MSCI's revenue in fiscal 2025?
MSCI (MSCI) reported revenue of $3.13B for fiscal 2025.
What is MSCI's annual revenue history?
MSCI's annual revenue by fiscal year: 2020: $1.70B; 2021: $2.04B; 2022: $2.25B; 2023: $2.53B; 2024: $2.86B; 2025: $3.13B.
What was MSCI's net income in fiscal 2025?
MSCI reported net income of $1.20B for fiscal 2025.
What was MSCI's earnings per share (EPS) in fiscal 2025?
MSCI's diluted EPS was $15.69 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did MSCI generate in fiscal 2025?
MSCI generated $1.55B of free cash flow in fiscal 2025.
What was MSCI's revenue last quarter?
In its most recent reported quarter (2026 Q2), MSCI reported revenue of $867.0M.
How much debt does MSCI have?
MSCI reported $6.20B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of MSCI are outstanding?
MSCI reported a weighted average of 72.8 million basic shares outstanding in 2026 Q2.
What is MSCI's market cap?
Based on its latest closing price, MSCI (MSCI) has a market capitalization of about $40.88B.
When does MSCI's fiscal year end?
MSCI's fiscal year end, as registered with the SEC, is December 31.
Where is MSCI headquartered?
MSCI lists its business address in New York, New York in its SEC filings.