Business Segments · Adjusted EBITDA
Index — Adjusted EBITDA
MSCI Index — Adjusted EBITDA increased by 0.3% to $375.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $311.57M to $375.20M. Over 4 years (FY 2021 to FY 2025), Index — Adjusted EBITDA shows an upward trend with a 9.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026
How to read this metric
An increase indicates improved profitability and stronger operational performance.
Detailed definition
This is a key profitability metric for the Index segment, representing earnings before interest, taxes, depreciation, an...
Peer comparison
Standard profitability metric used across the financial services and data analytics industry.
Metric ID:
msci_segment_index_adjusted_ebitdaHistorical Data
20 periods
| 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 | $233.47M | $245.59M | $252.38M | $245.88M | $245.17M | $245.97M | $248.40M | $253.68M | $277.07M | $277.67M | $298.55M | $277.76M | $306.99M | $314.15M | $323.16M | $311.57M | $330.16M | $350.26M | $374.02M | $375.20M |
| QoQ Change | — | +5.2% | +2.8% | -2.6% | -0.3% | +0.3% | +1.0% | +2.1% | +9.2% | +0.2% | +7.5% | -7.0% | +10.5% | +2.3% | +2.9% | -3.6% | +6.0% | +6.1% | +6.8% | +0.3% |
| YoY Change | — | — | — | — | +5.0% | +0.2% | -1.6% | +3.2% | +13.0% | +12.9% | +20.2% | +9.5% | +10.8% | +13.1% | +8.2% | +12.2% | +7.5% | +11.5% | +15.7% | +20.4% |
Range$233.47M – $375.20M
CAGR+10.5%
Avg YoY Growth+10.1%
Median YoY Growth+11.1%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is MSCI's index — adjusted ebitda?
- MSCI (MSCI) reported index — adjusted ebitda of $375.20M in Q1 2026.
- How has MSCI's index — adjusted ebitda changed year-over-year?
- MSCI's index — adjusted ebitda increased by 20.4% year-over-year, from $311.57M to $375.20M.
- What is the long-term trend for MSCI's index — adjusted ebitda?
- Over 4 years (2021 to 2025), MSCI's index — adjusted ebitda has grown at a 9.5% compound annual growth rate (CAGR), from $951.31M to $1.37B.
- What does index — adjusted ebitda mean?
- The core operational profit of the Index segment before accounting for non-cash and non-operating expenses.