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

Revenue by Product and Service

2026-01-01 to 2026-06-30

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MORGAN STANLEY (MS) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETTotal non-interest revenuesNet interestNet 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$14.36 BOperating profit (calculated)Operating profit(calculated)$14.36 BNet revenuesNet revenues$41.93 BNet incomeNet income$11.29 BTotal non-interest revenuesTotal non-interest revenues$36.45 BOperating expenses (calculated)Operating expenses(calculated)$27.57 BProvision for income taxesProvision forincome taxes$3.07 BTotal non-interest expensesTotal non-interest expenses$27.37 BNet interestNet interest$5.48 BProvision for credit lossesProvision for credit losses$196.00 M
Chart details

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

Income statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues
41,928,000,000 US dollars
Operating expenses (calculated)
27,569,000,000 US dollars
Operating profit (calculated)
14,359,000,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income before provision for income taxes
14,359,000,000 US dollars
Provision for income taxes
3,068,000,000 US dollars
Net income
11,291,000,000 US dollars
Total non-interest revenues
36,445,000,000 US dollars
Net interest
5,483,000,000 US dollars
Total non-interest expenses
27,373,000,000 US dollars
Provision for credit losses
196,000,000 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: $11.15 B; to noncontrolling interests: $143.00 M.
MORGAN STANLEY (MS) FY2026 YTD Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

34.2%

Operating profit / revenue

Cash conversion

−87.2%

Operating cash / net income, same period

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