Morgan Stanley Amortization of capitalized software and acquired intangible assets remained flat by 0.0% to $113.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 24.6%, from $150.50M to $113.50M. Over 4 years (FY 2021 to FY 2025), Amortization of capitalized software and acquired intangible assets shows a downward trend with a -7.2% CAGR.
Higher levels often follow significant acquisitions, while lower levels suggest a lack of recent intangible asset investment or full amortization of existing assets.
Amortization is the process of expensing the cost of an intangible asset, such as acquired customer lists or software, o...
Standard for companies that grow through M&A; peers report this to show the impact of purchase accounting.
operating_amortization_of_intangible_assets| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $612.00M | $610.00M | $601.00M | $602.00M | $454.00M |
| YoY Change | — | -0.3% | -1.5% | +0.2% | -24.6% |
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Global Wealth Management Group | $495.00M | $483.00M | $481.00M | $479.00M | $334.00M |
| Asset Management | $94.00M | $111.00M | $110.00M | $113.00M | $113.00M |
| Institutional Securities | $23.00M | $16.00M | $10.00M | $10.00M | $7.00M |
| Total | $612.00M | $610.00M | $601.00M | $602.00M | $454.00M |
All segment values are derived from annual filings.