Morgan Stanley
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.35B | $20.58B | $17.89B | $18.22B | $16.79B | $17.74B | $16.22B | $15.38B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $7.35B | $7.01B | $5.76B | $6.03B | $4.62B | $5.54B | $4.91B | $4.22B |
| Operating Margin | 34.4% | 34.1% | 32.2% | 33.1% | 27.5% | 31.3% | 30.2% | 27.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $7.35B | $7.01B | $5.76B | $6.03B | $4.62B | $5.54B | $4.91B | $4.22B |
| Income Tax Expense | $1.70B | $1.37B | $1.34B | $1.37B | $1.05B | $1.17B | $1.18B | $995.0M |
| Net Income | $5.58B | $5.57B | $4.40B | $4.61B | $3.54B | $4.32B | $3.71B | $3.19B |
| Net Margin | 26.1% | 27.1% | 24.6% | 25.3% | 21.1% | 24.3% | 22.9% | 20.7% |
| EPS (Basic) | $3.50 | $3.47 | $2.72 | $2.83 | $2.15 | $2.62 | $2.24 | $1.91 |
| EPS (Diluted) | $3.46 | $3.43 | $2.68 | $2.80 | $2.13 | $2.60 | $2.23 | $1.88 |
| Shares Outstanding (Basic) | 1.55B | 1.56B | 1.57B | 1.57B | 1.58B | 1.58B | 1.59B | 1.59B |
| Shares Outstanding (Diluted) | 1.57B | 1.58B | 1.59B | 1.59B | 1.59B | 1.60B | 1.61B | 1.61B |
| Dividends Per Share | $1.00 | $1.00 | $1.00 | $1.00 | $0.93 | $0.93 | $0.93 | $0.93 |