MSCI · Q2 FY26 · Jun 30, 2026
MSCI Q2 FY26: where the revenue came from and where it went
MSCI Q2 FY26: revenue $0.9B (+12% year over year). Net profit $0.3B. Largest cohort Recurring Subscriptions $0.6B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jun 30, 2026
- Reported
- Jul 21, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$0.9B
+12% year over year
Gross profit$0.7B
83% margin
Operating profit$0.5B
56% margin
Net profit$0.3B
39% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.9 | 100% | +12% |
| Recurring Subscriptions | 0.6 | 67% | +9% |
| Asset Based Fees | 0.2 | 22% | +27% |
| Cost of revenue | −0.1 | 11% | |
| Gross profit | 0.7 | 83% margin | +1pp |
| Research & development | −0 | 5% | +0pp |
| Sales & marketing | −0.1 | 10% | +0pp |
| G&A | −0 | 5% | +0pp |
| Other | −0.1 | 6% | +0pp |
| Operating profit | 0.5 | 56% margin | +1pp |
| Tax | −0.1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 0.3 | 39% | +0pp |
Older quarters
-
Q1 FY26 3/2026Revenue $0.9B Net margin 48%
-
Q4 FY25 12/2025Revenue $0.8B Net margin 35%
-
Q2 FY25 6/2025Revenue $0.8B Net margin 39%
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