Discontinued — last reported Q4 '25
Net Income
Net Income (NCI)
Morgan Stanley Net Income (NCI) decreased by 48.8% to -$61.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from -$74.00M to -$61.00M. Over 2 years (FY 2021 to FY 2025), Net Income (NCI) shows an upward trend with a -66.7% CAGR.
Analysis
StatementIncome Statement
SectionNet Income
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ4 2025Feb 19, 2026
How to read this metric
An increase suggests that the company's partially-owned subsidiaries are performing well, though it reduces the net income available to the parent company.
Detailed definition
This represents the portion of a subsidiary's net income that is attributable to minority shareholders who hold a noncon...
Peer comparison
Standard line item for companies with consolidated subsidiaries that are not 100% owned.
Metric ID:
minority_interestHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.00M | -$4.00M | -$26.00M | -$35.00M | -$90.00M | -$17.00M | -$19.00M | -$95.00M | -$31.00M | -$56.00M | -$46.00M | $95.00M | -$74.00M | $50.00M | $42.00M | -$41.00M | -$61.00M |
| QoQ Change | — | -500.0% | -550.0% | -34.6% | -157.1% | +81.1% | -11.8% | -400.0% | +67.4% | -80.6% | +17.9% | +306.5% | -177.9% | +167.6% | -16.0% | -197.6% | -48.8% |
| YoY Change | — | — | — | — | <-999% | -325.0% | +45.7% | -5.6% | -82.4% | -194.7% | +51.6% | +406.5% | — | +189.3% | +191.3% | -143.2% | +17.6% |
Range-$95.00M – $95.00M
CAGR+179.5%
Avg YoY Growth-745.7%
Median YoY Growth+6.0%
Current Streak3 quarters decline
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Institutional Securities1 | $40.00M | $37.00M | $9.00M | $56.00M | $35.00M | $42.00M | $24.00M | $71.00M |
| Investment Management | $1.00M | $1.00M | $1.00M | $0.00 | $1.00M | $3.00M | — | $0.00 |
| Wealth Management1 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 |
| Total | -$46.00M | $95.00M | -$74.00M | $50.00M | $42.00M | -$41.00M | -$61.00M | — |
Net Income (NCI) at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's net income (nci)?
- Morgan Stanley (MS) reported net income (nci) of -$61.00M in Q4 2025.
- How has Morgan Stanley's net income (nci) changed year-over-year?
- Morgan Stanley's net income (nci) increased by 17.6% year-over-year, from -$74.00M to -$61.00M.
- What is the long-term trend for Morgan Stanley's net income (nci)?
- Over 2 years (2021 to 2025), Morgan Stanley's net income (nci) has grown at a -66.7% compound annual growth rate (CAGR), from -$90.00M to -$10.00M.
- What does net income (nci) mean?
- The share of a subsidiary's profits that belongs to minority owners rather than the parent company.