Morgan Stanley net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Morgan Stanley earned 4.91B USD in Q3 FY2026, the three months to 30 September 2026, up 6.5% on the same quarter a year before. Morgan Stanley's net income over the last twelve months was 20.53B USD, up 26.9% on the twelve months before. In fiscal year 2025 it earned 16.86B USD, up 25.9% on the year before.
Last updated 8 Nov 2026 · Next report 14 Jan 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 20.53B | +26.87% | 25.97% | 79.03B |
| FY2025 | 31 Dec 2025 | 16.86B | +25.92% | 25.56% | 65.97B |
| FY2024 | 31 Dec 2024 | 13.39B | +47.35% | 23.24% | 57.62B |
| FY2023 | 31 Dec 2023 | 9.09B | -17.61% | 17.93% | 50.67B |
| FY2022 | 31 Dec 2022 | 11.03B | -26.64% | 21.97% | 50.21B |
| FY2021 | 31 Dec 2021 | 15.03B | +36.72% | 26.65% | 56.41B |
| FY2020 | 31 Dec 2020 | 11.00B | +21.61% | 23.99% | 45.83B |
| FY2019 | 31 Dec 2019 | 9.04B | +3.36% | 23.16% | 39.05B |
| FY2018 | 31 Dec 2018 | 8.75B | +43.15% | 23.20% | 37.71B |
| FY2017 | 31 Dec 2017 | 6.11B | +2.21% | 17.05% | 35.85B |
| FY2016 | 31 Dec 2016 | 5.98B | -2.42% | 18.28% | 32.71B |
| FY2015 | 31 Dec 2015 | 6.13B | +76.72% | 18.42% | 33.26B |
| FY2014 | 31 Dec 2014 | 3.47B | +18.25% | 10.68% | 32.47B |
| FY2013 | 31 Dec 2013 | 2.93B | +4,342.42% | 9.53% | 30.78B |
| FY2012 | 31 Dec 2012 | 66.00M | -98.38% | 0.27% | 24.64B |
| FY2011 | 31 Dec 2011 | 4.09B | -13.14% | 13.35% | 30.59B |
| FY2010 | 31 Dec 2010 | 4.70B | +249.41% | 16.02% | 29.36B |
| FY2009 | 31 Dec 2009 | 1.35B | -21.15% | 6.23% | 21.60B |
| FY2008 | 31 Dec 2008 | 1.71B | -46.81% | 9.66% | 17.66B |
| FY2007 | 30 Nov 2007 | 3.21B | -57.05% | 12.84% | 24.99B |
| FY2006 | 30 Nov 2006 | 7.47B | +51.29% | 26.22% | 28.49B |
| FY2005 | 30 Nov 2005 | 4.94B | +10.10% | 21.75% | 22.71B |
| FY2004 | 30 Nov 2004 | 4.49B | +18.46% | 18.93% | 23.70B |
| FY2003 | 30 Nov 2003 | 3.79B | +26.74% | 17.12% | 22.12B |
| FY2002 | 30 Nov 2002 | 2.99B | -15.14% | 14.61% | 20.45B |
| FY2001 | 30 Nov 2001 | 3.52B | -35.47% | 15.25% | 23.10B |
| FY2000 | 30 Nov 2000 | 5.46B | +13.88% | 20.26% | 26.93B |
| FY1999 | 30 Nov 1999 | 4.79B | +46.25% | 21.71% | 22.07B |
| FY1998 | 30 Nov 1998 | 3.28B | +26.68% | 18.60% | 17.62B |
| FY1997 | 30 Nov 1997 | 2.59B | +171.81% | 15.84% | 16.33B |
| FY1996 | 31 Dec 1996 | 951.40M | +11.09% | 12.75% | 7.46B |
| FY1995 | 31 Dec 1995 | 856.40M | +15.59% | 13.34% | 6.42B |
| FY1994 | 31 Dec 1994 | 740.90M | +22.75% | 13.34% | 5.55B |
| FY1993 | 31 Dec 1993 | 603.60M | +18.24% | 12.06% | 5.01B |
| FY1992 | 31 Jan 1993 | 510.50M | +7.45% | 34.33% | 1.49B |
| FY1991 | 31 Dec 1991 | 475.10M | +75.70% | 37.54% | 1.27B |
| FY1990 | 31 Dec 1990 | 270.40M | -38.96% | 25.22% | 1.07B |
| FY1989 | 31 Dec 1989 | 443.00M | +12.27% | 33.45% | 1.32B |
| FY1988 | 31 Dec 1988 | 394.60M | +70.90% | — | 0.00 |
| FY1987 | 31 Dec 1987 | 230.90M | +14.70% | — | 0.00 |
| FY1986 | 31 Dec 1986 | 201.30M | +90.08% | — | 0.00 |
| FY1985 | 31 Dec 1985 | 105.90M | — | — | 0.00 |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 4.91B | +6.49% | 24.14% | 20.34B |
| Q2 FY2026 | 30 Jun 2026 | 5.58B | +57.70% | 26.14% | 21.35B |
| Q1 FY2026 | 31 Mar 2026 | 5.64B | +30.66% | 27.40% | 20.58B |
| Q4 FY2025 | 31 Dec 2025 | 4.40B | +18.39% | 26.23% | 16.76B |
| Q3 FY2025 | 30 Sept 2025 | 4.61B | +44.60% | 26.99% | 17.08B |
| Q2 FY2025 | 30 Jun 2025 | 3.54B | +15.05% | 22.68% | 15.60B |
| Q1 FY2025 | 31 Mar 2025 | 4.32B | +26.47% | 26.12% | 16.52B |
| Q4 FY2024 | 31 Dec 2024 | 3.71B | +144.83% | 24.69% | 15.04B |
| Q3 FY2024 | 30 Sept 2024 | 3.19B | +32.39% | 22.23% | 14.34B |
| Q2 FY2024 | 30 Jun 2024 | 3.08B | +40.97% | 21.93% | 14.02B |
| Q1 FY2024 | 31 Mar 2024 | 3.41B | +14.50% | 24.00% | 14.22B |
| Q4 FY2023 | 31 Dec 2023 | 1.52B | -32.16% | 12.61% | 12.03B |
| Q3 FY2023 | 30 Sept 2023 | 2.41B | -8.51% | 19.39% | 12.42B |
| Q2 FY2023 | 30 Jun 2023 | 2.18B | -12.55% | 17.34% | 12.58B |
| Q1 FY2023 | 31 Mar 2023 | 2.98B | -18.71% | 21.85% | 13.64B |
| Q4 FY2022 | 31 Dec 2022 | 2.24B | -39.50% | 18.79% | 11.90B |
| Q3 FY2022 | 30 Sept 2022 | 2.63B | -29.00% | 21.68% | 12.14B |
| Q2 FY2022 | 30 Jun 2022 | 2.50B | -28.94% | 20.36% | 12.25B |
| Q1 FY2022 | 31 Mar 2022 | 3.67B | -11.02% | 26.34% | 13.92B |
| Q4 FY2021 | 31 Dec 2021 | 3.70B | +9.19% | 26.95% | 13.71B |
| Q3 FY2021 | 30 Sept 2021 | 3.71B | +36.44% | 26.62% | 13.93B |
| Q2 FY2021 | 30 Jun 2021 | 3.51B | +9.86% | 25.14% | 13.96B |
| Q1 FY2021 | 31 Mar 2021 | 4.12B | +142.64% | 27.82% | 14.81B |
| Q4 FY2020 | 31 Dec 2020 | 3.39B | +51.18% | 26.31% | 12.86B |
| Q3 FY2020 | 30 Sept 2020 | 2.72B | +25.03% | 23.43% | 11.59B |
| Q2 FY2020 | 30 Jun 2020 | 3.20B | +45.21% | 23.33% | 13.70B |
| Q1 FY2020 | 31 Mar 2020 | 1.70B | -30.09% | 15.18% | 11.19B |
| Q4 FY2019 | 31 Dec 2019 | 2.24B | +46.24% | 21.90% | 10.22B |
| Q3 FY2019 | 30 Sept 2019 | 2.17B | +2.89% | 23.13% | 9.40B |
| Q2 FY2019 | 30 Jun 2019 | 2.20B | -9.68% | 22.89% | 9.61B |
| Q1 FY2019 | 31 Mar 2019 | 2.43B | -8.96% | 25.06% | 9.69B |
| Q4 FY2018 | 31 Dec 2018 | 1.53B | +138.10% | 19.26% | 7.95B |
| Q3 FY2018 | 30 Sept 2018 | 2.11B | +18.59% | 22.68% | 9.31B |
| Q2 FY2018 | 30 Jun 2018 | 2.44B | +38.70% | 24.37% | 10.00B |
| Q1 FY2018 | 31 Mar 2018 | 2.67B | +38.24% | 25.53% | 10.45B |
| Q4 FY2017 | 31 Dec 2017 | 643.00M | -61.40% | 7.17% | 8.96B |
| Q3 FY2017 | 30 Sept 2017 | 1.78B | +11.52% | 20.53% | 8.68B |
| Q2 FY2017 | 30 Jun 2017 | 1.76B | +11.06% | 19.57% | 8.98B |
| Q1 FY2017 | 31 Mar 2017 | 1.93B | +70.19% | 20.90% | 9.24B |
| Q4 FY2016 | 31 Dec 2016 | 1.67B | +83.48% | 19.51% | 8.54B |
| Q3 FY2016 | 30 Sept 2016 | 1.60B | +56.88% | 18.97% | 8.42B |
| Q2 FY2016 | 30 Jun 2016 | 1.58B | -12.45% | 18.78% | 8.43B |
| Q1 FY2016 | 31 Mar 2016 | 1.13B | -52.63% | 15.48% | 7.33B |
| Q4 FY2015 | 31 Dec 2015 | 908.00M | — | 12.47% | 7.28B |
| Q3 FY2015 | 30 Sept 2015 | 1.02B | -39.87% | 13.98% | 7.28B |
| Q2 FY2015 | 30 Jun 2015 | 1.81B | -4.84% | 19.52% | 9.26B |
| Q1 FY2015 | 31 Mar 2015 | 2.39B | +59.07% | 25.35% | 9.44B |
| Q4 FY2014 | 31 Dec 2014 | -1.63B | -2,040.48% | -22.34% | 7.30B |
| Q3 FY2014 | 30 Sept 2014 | 1.69B | +86.87% | 19.99% | 8.47B |
| Q2 FY2014 | 30 Jun 2014 | 1.90B | +93.78% | 23.30% | 8.15B |
| Q1 FY2014 | 31 Mar 2014 | 1.51B | +56.44% | 17.60% | 8.55B |
| Q4 FY2013 | 31 Dec 2013 | 84.00M | -85.86% | 1.13% | 7.41B |
| Q3 FY2013 | 30 Sept 2013 | 906.00M | — | 12.36% | 7.33B |
| Q2 FY2013 | 30 Jun 2013 | 980.00M | +65.82% | 12.16% | 8.06B |
| Q1 FY2013 | 31 Mar 2013 | 962.00M | — | 12.46% | 7.72B |
| Q4 FY2012 | 31 Dec 2012 | 594.00M | — | 11.38% | 5.22B |
| Q3 FY2012 | 30 Sept 2012 | -1.02B | -146.52% | -20.79% | 4.92B |
| Q2 FY2012 | 30 Jun 2012 | 591.00M | -50.46% | 9.04% | 6.54B |
| Q1 FY2012 | 31 Mar 2012 | -94.00M | -109.71% | -1.44% | 6.52B |
| Q4 FY2011 | 31 Dec 2011 | -250.00M | -129.90% | -6.55% | 3.82B |
| Q3 FY2011 | 30 Sept 2011 | 2.20B | +1,578.63% | 22.42% | 9.81B |
| Q2 FY2011 | 30 Jun 2011 | 1.19B | -39.13% | 12.96% | 9.21B |
| Q1 FY2011 | 31 Mar 2011 | 968.00M | -45.50% | 12.78% | 7.57B |
| Q4 FY2010 | 31 Dec 2010 | 836.00M | +35.49% | 14.31% | 5.84B |
| Q3 FY2010 | 30 Sept 2010 | 131.00M | -82.69% | 1.93% | 6.78B |
| Q2 FY2010 | 30 Jun 2010 | 1.96B | +1,215.44% | 24.61% | 7.96B |
| Q1 FY2010 | 31 Mar 2010 | 1.78B | — | 19.58% | 9.07B |
| Q4 FY2009 | 31 Dec 2009 | 617.00M | — | 13.28% | 4.65B |
| Q3 FY2009 | 30 Sept 2009 | 757.00M | — | 8.94% | 8.47B |
| Q2 FY2009 | 30 Jun 2009 | 149.00M | — | 2.87% | 5.20B |
| Q1 FY2009 | 31 Mar 2009 | -177.00M | — | -6.11% | 2.90B |
| Q4 FY2008 | 30 Nov 2008 | -2.30B | — | -72.33% | 3.17B |
| Q3 FY2008 | 31 Aug 2008 | 1.43B | -7.65% | 17.69% | 8.06B |
| Q2 FY2008 | 31 May 2008 | 1.03B | -60.26% | 15.71% | 6.53B |
| Q1 FY2008 | 29 Feb 2008 | 1.55B | -41.95% | 18.64% | 8.32B |
| Q4 FY2007 | 30 Nov 2007 | -3.59B | -262.65% | -27.48% | 13.06B |
| Q3 FY2007 | 31 Aug 2007 | 1.54B | -16.64% | 19.39% | 7.96B |
| Q2 FY2007 | 31 May 2007 | 2.58B | +40.25% | 24.53% | 10.52B |
| Q1 FY2007 | 28 Feb 2007 | 2.67B | +69.76% | 23.87% | 11.19B |
| Q4 FY2006 | 30 Nov 2006 | 2.21B | -10.51% | 29.19% | 7.56B |
| Q3 FY2006 | 31 Aug 2006 | 1.85B | +1,185.42% | 26.13% | 7.08B |
| Q2 FY2006 | 31 May 2006 | 1.84B | +98.38% | 20.79% | 8.86B |
| Q1 FY2006 | 28 Feb 2006 | 1.57B | +12.27% | 18.08% | 8.71B |
| Q4 FY2005 | 30 Nov 2005 | 2.47B | +105.42% | 35.41% | 6.96B |
| Q3 FY2005 | 31 Aug 2005 | 144.00M | -82.80% | 2.01% | 7.17B |
| Q2 FY2005 | 31 May 2005 | 928.00M | -24.12% | 14.87% | 6.24B |
| Q1 FY2005 | 28 Feb 2005 | 1.40B | +14.36% | 20.32% | 6.90B |
| Q4 FY2004 | 30 Nov 2004 | 1.20B | +18.34% | 20.26% | 5.92B |
| Q3 FY2004 | 31 Aug 2004 | 837.00M | -19.13% | 14.85% | 5.64B |
| Q2 FY2004 | 31 May 2004 | 1.22B | +104.17% | 17.85% | 6.85B |
| Q1 FY2004 | 29 Feb 2004 | 1.23B | +35.47% | 19.13% | 6.41B |
| Q4 FY2003 | 30 Nov 2003 | 1.01B | +38.52% | 18.78% | 5.40B |
| Q3 FY2003 | 31 Aug 2003 | 1.04B | +69.39% | 18.98% | 5.45B |
| Q2 FY2003 | 31 May 2003 | 599.00M | -24.84% | 11.18% | 5.36B |
| Q1 FY2003 | 28 Feb 2003 | 905.00M | +6.72% | 15.57% | 5.81B |
| Q4 FY2002 | 30 Nov 2002 | 732.00M | -15.86% | 16.02% | 4.57B |
| Q3 FY2002 | 31 Aug 2002 | 611.00M | -13.33% | 12.30% | 4.97B |
| Q2 FY2002 | 31 May 2002 | 797.00M | -14.30% | 15.00% | 5.31B |
| Q1 FY2002 | 28 Feb 2002 | 848.00M | -16.54% | 15.12% | 5.61B |
| Q4 FY2001 | 30 Nov 2001 | 870.00M | -27.98% | 19.24% | 4.52B |
| Q3 FY2001 | 31 Aug 2001 | 705.00M | -43.42% | 12.94% | 5.45B |
| Q2 FY2001 | 31 May 2001 | 930.00M | -36.21% | 15.00% | 6.20B |
| Q1 FY2001 | 28 Feb 2001 | 1.02B | -34.20% | 15.61% | 6.51B |
| Q4 FY2000 | 30 Nov 2000 | 1.21B | -26.03% | 20.61% | 5.86B |
| Q3 FY2000 | 31 Aug 2000 | 1.25B | +28.45% | 19.16% | 6.50B |
| Q2 FY2000 | 31 May 2000 | 1.46B | +26.67% | 20.05% | 7.27B |
| Q1 FY2000 | 29 Feb 2000 | 1.54B | +48.89% | 20.23% | 7.63B |
| Q4 FY1999 | 30 Nov 1999 | 1.63B | +50.37% | 28.26% | 5.78B |
| Q3 FY1999 | 31 Aug 1999 | 970.00M | +54.95% | 17.82% | 5.44B |
| Q2 FY1999 | 31 May 1999 | 1.15B | +35.09% | 19.97% | 5.76B |
| Q1 FY1999 | 28 Feb 1999 | 1.04B | +80.66% | 18.80% | 5.52B |
| Q4 FY1998 | 30 Nov 1998 | 1.09B | +34.07% | 25.97% | 4.18B |
| Q3 FY1998 | 31 Aug 1998 | 626.00M | -7.67% | 15.19% | 4.12B |
| Q2 FY1998 | 31 May 1998 | 852.00M | +61.67% | 17.48% | 4.87B |
| Q1 FY1998 | 28 Feb 1998 | 574.00M | — | 12.93% | 4.44B |
| Q4 FY1997 | 30 Nov 1997 | 810.00M | — | 19.83% | 4.09B |
| Q3 FY1997 | 31 Aug 1997 | 678.00M | — | 15.09% | 4.49B |
| Q2 FY1997 | 31 May 1997 | 527.00M | — | 13.52% | 3.90B |
| Q1 FY1997 | 31 Mar 1997 | 276.30M | +12.41% | 13.62% | 2.03B |
| Q4 FY1996 | 31 Dec 1996 | 227.80M | +27.91% | 11.18% | 2.04B |
| Q3 FY1996 | 30 Sept 1996 | 450.00M | +105.76% | 14.45% | 3.11B |
| Q2 FY1996 | 30 Jun 1996 | 238.80M | +0.55% | 13.15% | 1.82B |
| Q1 FY1996 | 31 Mar 1996 | 245.80M | +10.67% | 13.84% | 1.78B |
| Q4 FY1995 | 31 Dec 1995 | 178.10M | +27.21% | 10.33% | 1.72B |
| Q3 FY1995 | 30 Sept 1995 | 218.70M | +18.54% | 13.30% | 1.64B |
| Q2 FY1995 | 30 Jun 1995 | 237.50M | +14.79% | 15.20% | 1.56B |
| Q1 FY1995 | 31 Mar 1995 | 222.10M | +6.01% | 14.92% | 1.49B |
| Q4 FY1994 | 31 Dec 1994 | 140.00M | +1.08% | 9.53% | 1.47B |
| Q3 FY1994 | 30 Sept 1994 | 184.50M | +7.52% | 13.40% | 1.38B |
| Q2 FY1994 | 30 Jun 1994 | 206.90M | +31.70% | 15.50% | 1.33B |
| Q1 FY1994 | 31 Mar 1994 | 209.50M | +53.59% | 15.25% | 1.37B |
| Q4 FY1993 | 31 Dec 1993 | 138.50M | — | 10.64% | 1.30B |
| Q3 FY1993 | 30 Sept 1993 | 171.60M | — | 13.29% | 1.29B |
| Q2 FY1993 | 30 Jun 1993 | 157.10M | — | 12.66% | 1.24B |
| Q1 FY1993 | 31 Mar 1993 | 136.40M | — | 11.64% | 1.17B |
| Q4 FY1992 | 31 Jan 1993 | 141.90M | — | 39.97% | 355.00M |
| Q3 FY1992 | 31 Oct 1992 | 110.60M | — | 34.89% | 317.00M |
| Q2 FY1992 | 31 Jul 1992 | 119.00M | — | 28.44% | 418.40M |
| Q1 FY1992 | 30 Apr 1992 | 139.10M | — | 35.06% | 396.80M |
| Q4 FY1991 | 31 Dec 1991 | 132.40M | +127.10% | 35.36% | 374.40M |
| Q3 FY1991 | 30 Sept 1991 | 121.80M | +69.40% | 39.83% | 305.80M |
| Q2 FY1991 | 30 Jun 1991 | 100.90M | +73.97% | 35.26% | 286.20M |
| Q1 FY1991 | 31 Mar 1991 | 120.10M | +46.29% | 40.18% | 298.90M |
| Q4 FY1990 | 31 Dec 1990 | 58.30M | -60.77% | 22.79% | 255.80M |
| Q3 FY1990 | 30 Sept 1990 | 71.90M | -28.88% | 24.90% | 288.80M |
| Q2 FY1990 | 30 Jun 1990 | 58.00M | -48.26% | 12.39% | 468.00M |
| Q1 FY1990 | 31 Mar 1990 | 82.10M | +1.23% | 31.40% | 261.50M |
| Q4 FY1989 | 31 Dec 1989 | 148.60M | +37.21% | 37.49% | 396.40M |
| Q3 FY1989 | 30 Sept 1989 | 101.10M | +92.94% | 35.52% | 284.60M |
| Q2 FY1989 | 30 Jun 1989 | 112.10M | -17.15% | 34.56% | 324.40M |
| Q1 FY1989 | 31 Mar 1989 | 81.10M | -17.75% | — | 0.00 |
| Q4 FY1988 | 31 Dec 1988 | 108.30M | +246.01% | — | 0.00 |
| Q3 FY1988 | 30 Sept 1988 | 52.40M | -28.12% | — | 0.00 |
| Q2 FY1988 | 30 Jun 1988 | 135.30M | +116.83% | — | 0.00 |
| Q1 FY1988 | 31 Mar 1988 | 98.60M | +53.34% | — | 0.00 |
| Q4 FY1987 | 31 Dec 1987 | 31.30M | -46.31% | — | 0.00 |
| Q3 FY1987 | 30 Sept 1987 | 72.90M | +84.56% | — | 0.00 |
| Q2 FY1987 | 30 Jun 1987 | 62.40M | +37.14% | — | 0.00 |
| Q1 FY1987 | 31 Mar 1987 | 64.30M | +10.86% | — | 0.00 |
| Q4 FY1986 | 31 Dec 1986 | 58.30M | +120.00% | — | 0.00 |
| Q3 FY1986 | 30 Sept 1986 | 39.50M | +49.06% | — | 0.00 |
| Q2 FY1986 | 30 Jun 1986 | 45.50M | — | — | 0.00 |
| Q1 FY1986 | 31 Mar 1986 | 58.00M | — | — | 0.00 |
| Q4 FY1985 | 31 Dec 1985 | 26.50M | — | — | 0.00 |
| Q3 FY1985 | 30 Sept 1985 | 26.50M | — | — | 0.00 |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Morgan Stanley's profit
Source: Financial Modeling Prep
