Skip to content
Screener

Morgan Stanley MS Q4 2025 Annual earnings

Reported January 15, 2026 · Before market open

Revenue$17.9BBeat by $148.8M
EPS$2.68Beat by $0.25
Revenue estimate$17.7B
EPS estimate$2.43

Next report

Oct 14, 2026 (In 1 week)
Revenue estimate$20.1B
EPS estimate$3.03

Financials

Q4 2025

Income statement

See full
Revenue$17.9B+10.3%
Net income$4.4B+18.4%
EPS (diluted)$2.68+20.7%

Balance sheet

See full
Cash & equivalents$111.70B+6.0%
Total debt$380.17B+20.4%
Total equity$111.63B+6.8%
Total assets$1.42T+16.9%

Cash flow

See full
Operating cash flow-$2.4B-120%
CapEx$709.0M-19.3%
Free cash flow-$3.1B—

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$282.15B+39.3%
Enterprise value$550.62B+33.4%
P/E16.7×+1.6×
P/S4×+0.7×

Profitability

See full
Net margin23.9%+2.2pp

Returns & leverage

See full
Return on equity15.6%+2.4pp
Debt / equity3.4×+0.4×

Segments

By geography

See full
Americas$13.8B+9.9%
Asia$2.2B+6.8%
EMEA$2.0B+17.0%

By segment

See full
Institutional Securities1$7.9B+9.1%

FAQ

When did Morgan Stanley report Q4 2025 earnings?
Morgan Stanley (MS) reported Q4 2025 earnings on January 15, 2026 before market open.
What were Morgan Stanley's Q4 2025 revenue and EPS?
Morgan Stanley reported revenue of $17.9B and eps of $2.68 for Q4 2025.
Did Morgan Stanley beat estimates in Q4 2025?
Revenue beat the consensus estimate of $17.7B by $148.8M. EPS beat the consensus estimate of $2.43 by $0.25.
How did Morgan Stanley's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.9% from $15.0B a year earlier and eps grew 20.7% from $2.22.
Where can I find Morgan Stanley's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000895421-26-000007) and the 10-K periodic report (0000895421-26-000086) directly on SEC EDGAR. The filing index links above go to sec.gov.