MORGAN STANLEY (MS) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Product and Service
2026-04-01 to 2026-06-30
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MORGAN STANLEY (MS) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenues
- 21,348,000,000 US dollars
- Operating expenses (calculated)
- 14,000,000,000 US dollars
- Operating profit (calculated)
- 7,348,000,000 US dollars
- Other income (expense), net (calculated)
- 0 US dollars
- Income before provision for income taxes
- 7,348,000,000 US dollars
- Provision for income taxes
- 1,695,000,000 US dollars
- Net income
- 5,653,000,000 US dollars
- Total non-interest revenues
- 18,568,000,000 US dollars
- Net interest
- 2,780,000,000 US dollars
- Total non-interest expenses
- 13,902,000,000 US dollars
- Provision for credit losses
- 98,000,000 US dollars
Chart connections
- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to MORGAN STANLEY: $5.58 B; to noncontrolling interests: $72.00 M.

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Operating margin
34.4%
Operating profit / revenue
Cash conversion
−48.6%
Operating cash / net income, same period
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