Revenue
Trading revenue
Morgan Stanley Trading revenue increased by 31.7% to $6.73B in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2014
Last reportedQ1 2026May 5, 2026
How to read this metric
Higher revenue indicates strong market activity and successful trading strategies, while lower revenue may reflect reduced market volatility or lower client engagement.
Detailed definition
This metric captures revenue generated from market-making activities, proprietary trading, and client-driven transaction...
Peer comparison
Common among investment banks and large financial institutions with global markets divisions.
Metric ID:
ms_trading_revenueHistorical Data
2 periods
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $5.11B | $6.73B |
| QoQ Change | — | +31.7% |
| YoY Change | — | +31.7% |
Range$5.11B – $6.73B
Avg YoY Growth+31.7%
Median YoY Growth+31.7%
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 | — | -$12.00M | $433.00M | $338.00M | — | $120.00M |
| Investment Management | -$3.00M | -$24.00M | — | -$7.00M | -$56.00M | -$15.00M | — | -$10.00M |
| Total | — | — | — | $5.11B | — | — | — | $6.73B |
Trading revenue at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's trading revenue?
- Morgan Stanley (MS) reported trading revenue of $6.73B in Q1 2026.
- What does trading revenue mean?
- Revenue earned from buying and selling financial instruments for clients and the firm.