Operating Expenses
Technology & Communications
Morgan Stanley Technology & Communications increased by 3.7% to $1.16B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $1.06B to $1.16B. Over 4 years (FY 2021 to FY 2025), Technology & Communications shows an upward trend with a 9.1% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025
How to read this metric
An increase often signals strategic investment in digital transformation and innovation, which is necessary for long-term competitiveness.
Detailed definition
Costs associated with the bank's digital infrastructure, software development, cybersecurity, and data processing capabi...
Peer comparison
Comparable to 'Technology and Data' expenses reported by other large global banks investing in fintech.
Metric ID:
is_jpm_technology_and_communications_expenseHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $765.00M | $788.00M | $833.00M | $829.00M | $857.00M | $874.00M | $933.00M | $915.00M | $926.00M | $947.00M | $987.00M | $976.00M | $1.01B | $1.04B | $1.06B | $1.05B | $1.09B | $1.12B | $1.16B |
| QoQ Change | — | +3.0% | +5.7% | -0.5% | +3.4% | +2.0% | +6.8% | -1.9% | +1.2% | +2.3% | +4.2% | -1.1% | +3.6% | +3.1% | +1.6% | -0.8% | +3.7% | +2.8% | +3.7% |
| YoY Change | — | — | — | — | +12.0% | +10.9% | +12.0% | +10.4% | +8.1% | +8.4% | +5.8% | +6.7% | +9.2% | +10.0% | +7.3% | +7.6% | +7.7% | +7.4% | +9.5% |
Range$765.00M – $1.16B
CAGR+9.7%
Avg YoY Growth+8.9%
Median YoY Growth+8.4%
Current Streak3 quarters growth
Technology & Communications at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's technology & communications?
- Morgan Stanley (MS) reported technology & communications of $1.16B in Q4 2025.
- How has Morgan Stanley's technology & communications changed year-over-year?
- Morgan Stanley's technology & communications increased by 9.5% year-over-year, from $1.06B to $1.16B.
- What is the long-term trend for Morgan Stanley's technology & communications?
- Over 4 years (2021 to 2025), Morgan Stanley's technology & communications has grown at a 9.1% compound annual growth rate (CAGR), from $3.12B to $4.42B.
- What does technology & communications mean?
- The money spent on the bank's technology systems, software, and communication networks.