Morgan Stanley MS Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues by Business | ||||||
| Investment Management | $6.46B-1.0% | $6.53B+1.2% | $6.45B+3.1% | $6.25B+2.7% | $6.09B+3.8% | |
| Institutional Securities1 | $34.82B+5.3% | $33.08B+2.0% | $32.42B+5.6% | $30.71B+2.2% | $30.05B+7.0% | |
| Wealth Management1 | $32.95B+3.8% | $31.75B+3.1% | $30.8B+3.2% | $29.84B+3.4% | $28.87B+1.6% | |
| Net revenues by Geography | ||||||
| Americas | $54.39B+2.8% | $52.9B+2.4% | $51.65B+4.3% | $49.54B+2.2% | $48.47B+3.3% | |
| Asia | $10.42B+10.6% | $9.42B+1.5% | $9.28B+7.2% | $8.66B+5.1% | $8.24B+7.9% | |
| EMEA | $8.68B+4.2% | $8.33B+3.5% | $8.04B+1.4% | $7.93B+3.5% | $7.66B+6.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Morgan Stanley break its business down?
- Morgan Stanley (MS) reports net revenues by business across 3 parts — Investment Management, Institutional Securities1 and Wealth Management1. Each is extracted from the segment footnotes and tracked over time.
- Where does Morgan Stanley's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Morgan Stanley's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
