Morgan Stanley (MS) Financials
Key financial figures for Morgan Stanley (Q2 2026).
Morgan Stanley posts record Q2 2026: $21.3B net revenues, $3.46 EPS, and a record $148B in Wealth Management net new assets. Morgan Stanley reported record net revenues of $21.3 billion for Q2 2026 (up from $16.8 billion a year ago) and record diluted EPS of $3.46 (versus $2.13 a year ago), with ROTCE of 26.6% and ROE of 20.7%. Institutional Securities delivered record net revenues of $11.0 billion, led by Equity revenues of $6.3 billion and a rebound in Investment Banking to $2.4 billion; Fixed Income was $2.5 billion. Figures are for Q2 2026, as Morgan Stanley reported them.
- Revenue
- $21.3B
- Net Income
- $5.7B
- EPS
- $3.50
- Total Assets
- $1.68T
- Operating Cash Flow
- -$2.7B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $34.5B | $5.6B | $3.41 | 21.46% | -$3.6B |
| Q1 FY2026 | $33.1B | $5.6B | $3.40 | 21.15% | -$7.9B |
| Q4 FY2025 | $28.9B | $4.4B | $2.67 | 19.96% | |
| Q3 FY2025 | $30.0B | $4.6B | $2.80 | 20.06% | -$4.0B |
| Q2 FY2025 | $28.2B | $3.5B | $2.13 | 16.41% | $11.1B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $115.0B | $16.9B | $10.20 | 19.09% | $46.1B |
| FY2024 | $103.1B | $13.4B | $7.95 | 17.06% | -$2.1B |
| FY2023 | $88.3B | $9.1B | $5.18 | 13.38% | -$36.9B |
Frequently asked questions
What was Morgan Stanley's revenue last quarter?
Morgan Stanley reported revenue of $34.47 billion for Q2 FY2026, up 22.4% from the same period a year earlier.
Is Morgan Stanley profitable?
Yes. Morgan Stanley reported net income of $5.58 billion for Q2 FY2026, a net margin of 16.19% on revenue.
How has Morgan Stanley's margin trended?
Operating margin was 21.46% in Q2 FY2026, compared with 16.41% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does Morgan Stanley report next?
Morgan Stanley is scheduled to report results on 2026-10-14. The company has confirmed that date.
Full income statement, balance sheet and cash flow for Morgan Stanley on SentiSense, with up to forty quarters and twenty fiscal years of history.