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+6.1% | $6.53B+11.3% | $6.45B+13.5% | $6.25B+12.4% | $6.09B+11.5% | |
| Institutional Securities1 | $34.82B+15.9% | $33.08B+17.8% | $32.42B+25.9% | $30.71B+24.8% | $30.05B+29.1% | |
| Wealth Management1 | $32.95B+14.1% | $31.75B+11.7% | $30.8B+11.7% | $29.84B+11.7% | $28.87B+8.6% | |
| Net revenues by Geography | ||||||
| Americas | $54.39B+12.2% | $52.9B+12.7% | $51.65B+15.8% | $49.54B+14.4% | $48.47B+14.2% | |
| Asia | $10.42B+26.5% | $9.42B+23.4% | $9.28B+33.1% | $8.66B+33.1% | $8.24B+33.1% | |
| EMEA | $8.68B+13.3% | $8.33B+15.7% | $8.04B+17.1% | $7.93B+21.7% | $7.66B+24.6% |
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.
