MSCI, Inc. (MSCI) Financials
Key financial figures for MSCI, Inc. (Q3 2026).
MSCI reported Q3 2026 operating revenues of $892.0 million, up 12.4%, with adjusted EPS of $5.11, up 14.3%, as asset-based fees rose 24.9%. Operating revenues were $892.0M (+12.4% vs $793.4M in Q3 2025); organic operating revenue growth was 12.3%. Recurring subscription revenues rose 7.7% and asset-based fees rose 24.9%. Diluted EPS was $4.86 (+14.4% vs $4.25) and adjusted EPS was $5.11 (+14.3% vs $4.47). Net income was $351.0M (+7.9%). Operating margin was 56.3% (56.4% a year ago) and adjusted EBITDA margin 62.2% (62.3%). Index revenues grew 18.1% to $532.6M on higher asset-based fees; Analytics grew 4.8% to $191.0M, Sustainability and Climate 4.0% to $93.7M (organic 2.2%), and All Other - Private Assets 6.7% to $74.7M. On the outlook: Full-year 2026 guidance: operating expense $1,535 to $1,575 million, adjusted EBITDA expense $1,340 to $1,370 million, depreciation and amortization $195 to $205 million, capital expenditures $160 to $170 million, net cash provided by operating activities $1,655 to $1,705 million and free cash flow $1,485 to $1,545 million, all unchanged from prior guidance; interest expense raised to $288 to $291 million from $282 to $286 million; effective tax rate narrowed to 18.0% to 19.5% from 18.0% to 20.0%. Figures are for Q3 2026, as MSCI Inc. reported them.
- Revenue
- $892M
- Net Income
- $351M
- EPS
- $4.87
- Total Assets
- $5.6B
- Operating Cash Flow
- $436M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $892M | $351M | $4.86 | 56.29% | $385M |
| Q2 FY2026 | $867M | $342M | $4.69 | 56.23% | |
| Q1 FY2026 | $851M | $406M | $5.53 | 53.7% | $278M |
| Q4 FY2025 | $823M | $285M | $3.68 | 56.37% | $489M |
| Q3 FY2025 | $793M | $325M | $4.25 | 56.42% | $446M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $3.1B | $1.2B | $15.69 | 54.67% | $1.5B |
| FY2024 | $2.9B | $1.1B | $14.05 | 53.52% | $1.5B |
| FY2023 | $2.5B | $1.1B | $14.39 | 54.75% | $1.1B |
Frequently asked questions
What was MSCI Inc.'s revenue last quarter?
MSCI Inc. reported revenue of $892.0 million for Q3 FY2026, up 12.4% from the same period a year earlier.
Is MSCI Inc. profitable?
Yes. MSCI Inc. reported net income of $351.0 million for Q3 FY2026, a net margin of 39.35% on revenue.
How has MSCI Inc.'s margin trended?
Operating margin was 56.29% in Q3 FY2026, compared with 56.42% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did MSCI Inc. generate?
MSCI Inc. generated free cash flow of $385.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for MSCI, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.