MORGAN STANLEY (MS) FY2026 Q1 P&L / Income Statement
2026-01-01 to 2026-03-31
Revenue by Geography
2026-01-01 to 2026-03-31
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MORGAN STANLEY (MS) FY2026 Q1 P&L / Income Statement
Income statement for 2026-01-01 through 2026-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenues
- 20,580,000,000 US dollars
- Operating expenses (calculated)
- 13,569,000,000 US dollars
- Operating profit (calculated)
- 7,011,000,000 US dollars
- Other income (expense), net (calculated)
- 0 US dollars
- Income before provision for income taxes
- 7,011,000,000 US dollars
- Provision for income taxes
- 1,373,000,000 US dollars
- Net income
- 5,638,000,000 US dollars
- Americas
- 14,591,000,000 US dollars
- EMEA
- 2,641,000,000 US dollars
- Asia
- 3,348,000,000 US dollars
- Total non-interest expenses
- 13,471,000,000 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: $5.57 B; to noncontrolling interests: $71.00 M.

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Operating margin
34.1%
Operating profit / revenue
Cash conversion
−125.9%
Operating cash / net income, same period
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