Morgan Stanley Occupancy and equipment decreased by 1.6% to $483.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $449.00M to $483.00M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 2.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower costs relative to revenue indicate better utilization of physical assets and real estate efficiency.
This represents the net costs associated with leasing, maintaining, and operating the firm's physical office space and f...
Standard operating expense category for firms with significant global office footprints.
other_occupancy_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $414.00M | $427.00M | $479.00M | $427.00M | $430.00M | $429.00M | $443.00M | $440.00M | $471.00M | $456.00M | $528.00M | $441.00M | $464.00M | $473.00M | $527.00M | $449.00M | $459.00M | $473.00M | $491.00M | $483.00M |
| QoQ Change | — | +3.1% | +12.2% | -10.9% | +0.7% | -0.2% | +3.3% | -0.7% | +7.0% | -3.2% | +15.8% | -16.5% | +5.2% | +1.9% | +11.4% | -14.8% | +2.2% | +3.1% | +3.8% | -1.6% |
| YoY Change | — | — | — | — | +3.9% | +0.5% | -7.5% | +3.0% | +9.5% | +6.3% | +19.2% | +0.2% | -1.5% | +3.7% | -0.2% | +1.8% | -1.1% | +0.0% | -6.8% | +7.6% |