Discontinued — last reported Q4 '25
Net investment gains (losses)
Morgan Stanley Net investment gains (losses) increased by 100.0% to $6.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 200.0%, from $2.00M to $6.00M. Over 4 years (FY 2021 to FY 2025), Net investment gains (losses) shows a downward trend with a -38.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Gains indicate strong performance of financial assets, while losses suggest market downturns or poor investment strategy execution.
Detailed definition
This captures the realized and unrealized changes in the fair value of the company's investment portfolio, including equ...
Peer comparison
Standard for companies with large treasury departments or captive finance arms.
investment_gains_lossesHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $58.00M | $17.00M | $1.00M | $44.00M | $18.00M | $9.00M | $0.00 | $41.00M | -$10.00M | $14.00M | $4.00M | $43.00M | $7.00M | $0.00 | $2.00M | $21.00M | $0.00 | $3.00M | $6.00M |
| QoQ Change | — | -70.7% | -94.1% | >999% | -59.1% | -50.0% | -100.0% | — | -124.4% | +240.0% | -71.4% | +975.0% | -83.7% | -100.0% | — | +950.0% | -100.0% | — | +100.0% |
| YoY Change | — | — | — | — | -69.0% | -47.1% | -100.0% | -6.8% | -155.6% | +55.6% | — | +4.9% | +170.0% | -100.0% | -50.0% | -51.2% | -100.0% | — | +200.0% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Institutional Securities1 | $4.05B | $3.71B | $3.63B | $5.11B | $4.35B | $4.68B | $3.58B | $6.60B |
| Wealth Management1 | $76.00M | $300.00M | $95.00M | -$12.00M | $433.00M | $338.00M | — | $120.00M |
| Investment Management | $79.00M | $123.00M | $62.00M | $187.00M | $207.00M | $157.00M | — | $66.00M |
| Total | $7.00M | $0.00 | $2.00M | $21.00M | $0.00 | $3.00M | $6.00M | — |
Net investment gains (losses) at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's net investment gains (losses)?
- Morgan Stanley (MS) reported net investment gains (losses) of $6.00M in Q4 2025.
- How has Morgan Stanley's net investment gains (losses) changed year-over-year?
- Morgan Stanley's net investment gains (losses) increased by 200.0% year-over-year, from $2.00M to $6.00M.
- What is the long-term trend for Morgan Stanley's net investment gains (losses)?
- Over 4 years (2021 to 2025), Morgan Stanley's net investment gains (losses) has grown at a -38.5% compound annual growth rate (CAGR), from $210.00M to $30.00M.
- What does net investment gains (losses) mean?
- Profit or loss from the company's investment portfolio.