Operating

Net Income

Morgan Stanley Net Income increased by 31.0% to $5.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.9%, from $4.16B to $5.57B. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 2.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: net_income_cf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.41B$3.58B$3.59B$3.54B$2.39B$2.49B$2.11B$2.84B$2.05B$2.26B$1.38B$3.27B$2.94B$3.03B$3.56B$4.16B$3.39B$4.45B$4.25B$5.57B
QoQ Change+5.2%+0.2%-1.4%-32.5%+4.3%-15.3%+34.2%-27.8%+10.4%-38.9%+136.2%-9.9%+2.9%+17.7%+16.6%-18.4%+31.2%-4.5%+31.0%
YoY Change-29.8%-30.4%-41.2%-19.9%-14.3%-9.3%-34.5%+15.2%+43.6%+33.9%+157.7%+27.3%+15.3%+47.0%+19.2%+33.9%
Range$1.38B$5.57B
CAGR+10.9%
Avg YoY Growth+13.3%
Median YoY Growth+15.2%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Institutional Securities1$1.56B$1.47B$1.90B$2.59B$1.64B$2.51B$2.07B$3.37B
Wealth Management1$1.40B$1.57B$1.53B$1.70B$1.89B$2.05B
Investment Management$166.00M$193.00M$262.00M$246.00M$269.00M$242.00M
Total$2.94B$3.03B$3.56B$4.16B$3.39B$4.45B$4.25B$5.57B

Frequently Asked Questions

What is Morgan Stanley's net income?
Morgan Stanley (MS) reported net income of $5.57B in Q1 2026.
How has Morgan Stanley's net income changed year-over-year?
Morgan Stanley's net income increased by 33.9% year-over-year, from $4.16B to $5.57B.
What is the long-term trend for Morgan Stanley's net income?
Over 4 years (2021 to 2025), Morgan Stanley's net income has grown at a 2.8% compound annual growth rate (CAGR), from $14.57B to $16.25B.
What does net income mean?
The company's total profit after all expenses and taxes have been paid.