Income StatementBalance SheetCash FlowSegments
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MSCI Balance Sheet Statement

Assets, liabilities, and shareholders' equity

MSCI holds $5.5B in total assets. Shareholders' equity is -$2.8B against $6.6B in total debt. Cash and equivalents total $385.3M. The current ratio is 0.864 and debt-to-equity is -2.37. Based on the Q1 2026 filing.

Total Assets$5.5BTotal Stockholders Equity-$2.8BLong Term Debt$6.4BCash And Equivalents$385.3MTotal Current Assets$1.4BTotal Current Liabilities$1.6B
Latest FilingQ1 2026
Report Date2026-04-21
Market Cap$41.6B
P/E Ratio31.49
ROE-70.71%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$14.5M$10.7M$11.8M$16.0M$15.3M$10.3M
Accrued Manufacturing Costs$217.5M$92.7M$144.8M$193.7M$242.9M$94.7M
Accrued Progress Collections and Price Adjustments$32.2M———$34.0M$33.0M
Accrued Income Taxes, Current$38.0M$72.2M$65.1M$77.2M$74.4M$56.5M
Compensation and benefits$217.5M$92.7M$144.8M$193.7M$242.9M$94.7M
Deferred revenue$1.1B$1.1B$1.1B$974.7M$1.2B$1.2B
Income taxes payable$2.1M$32.8M-$12.8M$11.9M—-$17.8M
Operating Lease Liability Payments - 2024 (Lessee)$30.4M$25.7M$26.9M$28.1M$29.1M$34.5M
Operating Lease Liability Payments - 2025 (Lessee)$23.9M$16.9M$17.4M$17.3M$17.9M$21.3M
Operating lease liabilities, current$24.9M$26.0M$27.1M$27.7M$28.6M$25.1M
Total current liabilities$1.6B$1.5B$1.5B$1.5B$1.8B$1.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net—-$73.2M$36.6M-$42.7M$243.5M-$102.1M
Allowance for Doubtful Accounts$5.3M$5.3M$5.7M$5.9M$6.4M$7.1M
Cash and cash equivalents$409.4M$360.7M$347.3M$400.1M$515.3M$385.3M
Income taxes receivable$48.2M$52.5M$68.3M$95.5M$69.3M$43.7M
Prepaid expenses and other current assets$65.8M$73.2M$65.0M$67.2M$73.5M$81.9M
Restricted cash$3.5M$3.6M$3.6M$3.7M$3.7M$3.6M
Total current assets$1.3B$1.2B$1.3B$1.3B$1.6B$1.4B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$71.0M-$63.7M-$50.1M-$53.8M-$51.5M-$59.0M
Additional paid-in capital$1.7B$1.7B$1.8B$1.8B$1.8B$1.9B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.3M$1.3M$1.3M$1.3M$1.3M$1.3M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Retained earnings$4.8B$4.9B$5.1B$5.3B$5.4B$5.7B
Total liabilities and stockholders' equity$5.4B$5.3B$5.4B$5.4B$5.7B$5.5B
Total stockholders' equity-$940.0M-$958.6M-$886.2M-$1.9B-$2.7B-$2.8B
Treasury stock$7.3B$7.5B$7.7B$8.9B$9.8B$10.3B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current$32.2M———$34.0M$33.0M
Deferred Tax Liabilities - Foreign Earnings$5.9M———$8.7M—
Defined Benefit Pension Plan Liabilities (Non-Current)$37.3M———$40.1M—
Deferred Tax Liabilities - Leasing Arrangements$25.2M———$23.6M—
Operating Lease Liability Payments - 2026 (Lessee)$24.4M$24.9M$26.0M$27.3M$28.3M$24.8M
Operating Lease Liability Payments - 2027 (Lessee)$16.6M$24.9M$26.0M$27.3M$14.3M$24.8M
Operating Lease Liability Payments - 2028 (Lessee)$23.9M$16.9M$17.4M$17.3M$17.9M$21.3M
Long-term debt$4.5B$4.5B$4.5B$5.5B$6.2B$6.4B
Deferred revenue, net of current portion$32.2M———$34.0M$33.0M
Retirement and nonpension postretirement benefit obligations$37.3M———$40.1M—
Operating lease liabilities, non-current$121.2M$118.4M$115.4M$111.7M$107.5M$143.9M
Operating Lease Liabilities (Total)$146.0M$144.5M$142.5M$139.4M$136.1M$169.0M
Other non-current liabilities$120.2M$119.4M$108.9M$118.6M$115.8M$133.9M
Pension and Postretirement Benefit Liabilities$37.3M———$40.1M—
Total Carrying Value of Debt$4.5B$4.6B$4.5B$5.6B$6.3B$6.5B
Total liabilities$6.4B$6.3B$6.3B$7.3B$8.4B$8.3B
Underfunded Retirement Plans$37.3M———$40.1M—

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$11.9M$58.3M$62.4M$67.2M$32.7M$56.8M
Deferred Tax Assets - Tax Credit Carryforwards$28.1M———$41.8M—
Goodwill$2.9B$2.9B$2.9B$2.9B$2.9B$3.0B
Indefinite-Lived Intangible Assets$0.0———$0.0—
Indefinite-Lived Intangible Assets, Gross$0.0———$0.0—
Indefinite-Lived Research and Development Assets$0.0———$0.0—
Indefinite-Lived Trademarks$0.0———$0.0—
Net Investment in Lease$119.4M$118.6M$117.2M$116.0M$112.9M$146.8M
Deferred tax assets$40.6M$41.0M$42.5M$41.5M$45.9M$47.0M
Intangible assets — net$907.6M$886.8M$869.2M$849.6M$832.5M$851.0M
Operating lease right-of-use assets$119.4M$118.6M$117.2M$116.0M$112.9M$146.8M
Other non-current assets$47.7M$58.3M$62.4M$67.2M$55.7M$56.8M
Operating Lease Right-of-Use Assets in Other Assets$119.4M$118.6M$117.2M$116.0M$112.9M$146.8M
Property and equipment, net$70.9M$85.6M$85.6M$82.6M$87.3M$87.3M
Software and Technology Licenses, Net$47.7M$58.3M$62.4M$67.2M$55.7M$56.8M
Total assets$5.4B$5.3B$5.4B$5.4B$5.7B$5.5B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts Receivable, after Allowance for Credit Loss$820.7M$749.2M$790.6M$745.9M$986.7M$883.2M
Allowance for doubtful accounts$5.3M$5.3M$5.7M$5.9M$6.4M$7.1M
Common stock, par value (in dollars per share)$0.01$0.01$0.01$0.01$0.01$0.01
Common stock, shares authorized (in shares)750M750M750M750M750M750M
Common stock, shares issued (in shares)134.1M134.3M134.3M134.3M134.4M134.4M
Common Stock, Shares, Outstanding77.7M77.6M77.4M75.2M73.6M72.9M
Long-term debt, gross$4.5B$4.6B$4.5B$5.6B$6.3B$6.5B
Debt Instrument, Fair Value Disclosure$4.1B$4.2B$4.3B$5.3B$6.1B$6.1B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$30.1M$28.8M$27.4M$48.1M$53.3M$51.4M
Deferred Tax Liabilities, Gross$189.7M———$245.5M—
Deferred income taxes$47.6M$51.9M$52.4M$82.8M$101.6M$24.6M
Capitalized expenses$70.9M———$30.3M—
Deferred Tax Assets, Gross$187.6M———$191.1M—
Lease liabilities$32.3M———$29.9M—
Deferred Tax Assets, Net of Valuation Allowance$182.7M———$189.8M—
Deferred Tax Assets, Operating Loss Carryforwards$7.1M———$8.2M—
Compensation and benefits$37.4M———$48.3M—
Deferred Tax Liabilities, Net$7.0M———$55.8M—
Deferred Tax Liabilities, Deferred Gain$0.0———$38.1M—
Federal and state intangible assets$115.9M———$116.2M—
Deferred Tax Liabilities, Other$5.1M———$14.1M—
Deferred Tax Liabilities Property Equipment And Leasehold Improvements Net$37.5M———$44.8M—
Less: Fair value of plan assets at end of period$31.4M———$22.8M—
Unrecognized compensation cost related to non-vested awards$104.5M———$115.5M—
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value$28.6M$29.1M$15.7M$16.0M$14.6M$34.3M
Finite-Lived Intangible Assets, Accumulated Amortization$1.0B$1.1B$1.1B$1.2B$1.2B$1.3B
Thereafter—$396.7M$397.7M$397.6M—$338.3M
2028$122.5M$98.1M$106.1M$113.3M$121.2M$104.3M
2030$70.4M$70.1M$70.6M$70.7M$70.7M$72.1M
Remainder of 2026—$119.4M$79.8M$40.7M—$122.6M
2027$158.0M$129.8M$137.9M$145.0M$153.0M$135.3M
2029$90.9M$72.7M$77.0M$82.3M$90.0M$78.4M
Gross Carrying Amount$2.0B$2.0B$2.0B$2.0B$2.0B$2.1B
Trademarks$0.0———$0.0—
Lessee Operating Lease Liability Payments Due$165.6M$163.1M$160.4M$156.6M$152.3M$196.4M
Thereafter—$40.3M$41.4M$42.8M—$61.4M
Lessee Operating Lease Liability Undiscounted Excess Amount$19.6M$18.6M$17.9M$17.2M$16.2M$27.4M
2028$0.0$0.0$0.0$0.0$0.0$0.0
2029$0.0$0.0$0.0$0.0$0.0$1.0B
2029$1.3B———$1.2B—
2030$0.0$1.4B$1.3B$1.0B$1.0B$1.4B
Thereafter$3.2B———$4.1B—
2027$0.0$0.0$0.0$0.0$0.0$0.0
Remainder of 2026—$0.0$0.0$0.0—$0.0
Thereafter—$3.2B$3.2B$4.6B—$4.1B
Operating Lease Weighted Average Discount Rate Percent4.1%4.1%4.1%4.2%4.2%4.4%
Operating Loss Carryforwards$28.4M———$29.8M—
Net operating loss carryforwards, tax value$7.1M———$8.2M—
Other accrued liabilities$192.2M$208.2M$188.1M$222.6M$265.4M$267.7M
Preferred Stock, Par or Stated Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Preferred Stock, Shares Authorized100M100M100M100M100M100M
Preferred Stock, Shares Issued000000
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$958.9M$951.5M$983.4M$1.0B$1.1B$1.2B
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number0———97K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number370K———615K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$570.19———$682.32—
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Weighted Average Grant Date Fair Value$444.51———$532.62—
Share-based Awards , vested or expected to vest (in shares)461K———387K—
Incentive stock program, shares reserved for future grants (in shares)2.7M———6M—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value$13.2M———$5.5M—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price————$549.83—
Share-based Awards , vested or expected to vest, weighted average price (in USD per share)$439.30———$530.25—
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Number485K———410K—
Unvested stock option awards expected to vest$12.9M———$5.5M—
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares352K———577K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price$569.28———$665.73—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value————$2.3M—
Treasury stock, shares (in shares)56.3M56.7M56.9M59.1M60.8M61.5M
Unrecognized tax benefits$32.3M———$59.5M—
Penalties and interest accrued on unrecognized tax benefits$3.6M———$7.3M—
Remainder of Fiscal Year 2024—$0.0$0.0$0.0—$0.0