MSCI INC. (MSCI) FY2026 Q2 P&L / Income Statement

Revenue by Business Segment by Product and Service

2026-04-01 to 2026-06-30

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MSCI INC. (MSCI) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETIndex - Recurring subscriptionsIndex - Asset-based feesAnalytics - Recurring subscriptionsSustainability and Climate - Recurring subscriptionsIndex - Non-recurringAnalytics - Non-recurringSustainability and Climate - Non-recurringAll Other - Private Assets - Recurring subscriptionsAll Other - Private Assets - Non-recurringOperating revenuesGross profit (calculated)Cost of revenue (calculated)Cost of revenues (exclusive of depreciation and amortization)Operating incomeOperating expenses (calculated)Selling and marketingGeneral and administrativeResearch and developmentAmortization of intangible assetsDepreciation and amortization of property, equipment and leasehold improvementsIncome before provision for income taxesOther expense (income), netNet incomeProvision for income taxesIncome before provision for income taxesIncome beforeprovision forincome taxes$417.30 MGross profit (calculated)Gross profit(calculated)$717.10 MOperating revenuesOperating revenues$867.00 MOperating incomeOperating income$487.50 MIndex - Recurring subscriptionsIndex - Recurring subscriptions$263.00 MNet incomeNet income$342.00 MIndex - Asset-based feesIndex - Asset-based fees$233.10 MProvision for income taxesProvision forincome taxes$75.30 MOperating expenses (calculated)Operating expenses(calculated)$229.60 MAnalytics - Recurring subscriptionsAnalytics - Recurring subscriptions$185.90 MSelling and marketingSelling and marketing$87.40 MOther expense (income), netOther expense(income), net−$70.20 MCost of revenue (calculated)Cost of revenue(calculated)$149.90 MSustainability and Climate - Recurring subscriptionsSustainability and Climate- Recurring subscriptions$90.50 MGeneral and administrativeGeneral and administrative$46.20 MResearch and developmentResearch and development$46.00 MIndex - Non-recurringIndex - Non-recurring$14.90 MCost of revenues (exclusive of depreciation and amortization)Cost of revenues$149.90 MAmortization of intangible assetsAmortization of intangible assets$43.80 MAnalytics - Non-recurringAnalytics - Non-recurring$3.50 MDepreciation and amortization of property, equipment and leasehold improvementsDepreciation and amortizationof property, equipment andleasehold improvements$6.20 MSustainability and Climate - Non-recurringSustainability andClimate - Non-recurring$1.40 MAll Other - Private Assets - Recurring subscriptionsAll Other - Private Assets- Recurring subscriptions$74.00 MAll Other - Private Assets - Non-recurringAll Other - PrivateAssets - Non-recurring$700.00 K
Chart details

MSCI INC. (MSCI) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Operating revenues
867,000,000 US dollars
Cost of revenue (calculated)
149,900,000 US dollars
Gross profit (calculated)
717,100,000 US dollars
Operating expenses (calculated)
229,600,000 US dollars
Operating income
487,500,000 US dollars
Other expense (income), net
negative 70,200,000 US dollars
Income before provision for income taxes
417,300,000 US dollars
Provision for income taxes
75,300,000 US dollars
Net income
342,000,000 US dollars
Analytics - Asset-based fees
0 US dollars
Analytics - Non-recurring
3,500,000 US dollars
Analytics - Recurring subscriptions
185,900,000 US dollars
Index - Asset-based fees
233,100,000 US dollars
Index - Non-recurring
14,900,000 US dollars
Index - Recurring subscriptions
263,000,000 US dollars
Sustainability and Climate - Asset-based fees
0 US dollars
Sustainability and Climate - Non-recurring
1,400,000 US dollars
Sustainability and Climate - Recurring subscriptions
90,500,000 US dollars
All Other - Private Assets - Asset-based fees
0 US dollars
All Other - Private Assets - Non-recurring
700,000 US dollars
All Other - Private Assets - Recurring subscriptions
74,000,000 US dollars
Cost of revenues (exclusive of depreciation and amortization)
149,900,000 US dollars
Selling and marketing
87,400,000 US dollars
Research and development
46,000,000 US dollars
General and administrative
46,200,000 US dollars
Amortization of intangible assets
43,800,000 US dollars
Depreciation and amortization of property, equipment and leasehold improvements
6,200,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less 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.
MSCI INC. (MSCI) FY2026 Q2 Revenue by Business Segment by Product and Service Sankey chart
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Gross margin

82.7%

Gross profit / revenue

Operating margin

56.2%

Operating profit / revenue

Cash conversion

108.4%

Operating cash / net income, same period

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