MORGAN STANLEY (MS) FY2026 Q2 P&L / Income Statement

Revenue by Geography

2026-04-01 to 2026-06-30

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MORGAN STANLEY (MS) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETAmericasAsiaEMEANet revenuesOperating profit (calculated)Operating expenses (calculated)Total non-interest expensesProvision for credit lossesIncome before provision for income taxesNet incomeProvision for income taxesIncome before provision for income taxesIncome beforeprovision forincome taxes$7.35 BOperating profit (calculated)Operating profit(calculated)$7.35 BNet revenuesNet revenues$21.35 BNet incomeNet income$5.65 BAmericasAmericas$15.05 BOperating expenses (calculated)Operating expenses(calculated)$14.00 BProvision for income taxesProvision forincome taxes$1.70 BAsiaAsia$3.93 BTotal non-interest expensesTotal non-interest expenses$13.90 BEMEAEMEA$2.37 BProvision for credit lossesProvision for credit losses$98.00 M
Chart details

MORGAN STANLEY (MS) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Geography. 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
Americas
15,046,000,000 US dollars
EMEA
2,372,000,000 US dollars
Asia
3,930,000,000 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.
MORGAN STANLEY (MS) FY2026 Q2 Revenue by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

34.4%

Operating profit / revenue

Cash conversion

−48.6%

Operating cash / net income, same period

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