Products & Services · Operating revenues

Recurring subscriptions — Operating revenues

MSCI Recurring subscriptions — Operating revenues increased by 2.7% to $600.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $552.64M to $600.20M. Over 4 years (FY 2021 to FY 2025), Recurring subscriptions — Operating revenues shows an upward trend with a 12.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher revenue predictability and stronger customer retention, while a decrease may signal potential churn or a shift in client demand away from subscription-based models.

Detailed definition

This metric represents the portion of total operating revenue derived from subscription-based contracts that provide cli...

Peer comparison

Comparable to Annual Recurring Revenue (ARR) or subscription-based revenue reported by financial data providers, index firms, and SaaS-based analytics companies.

Metric ID: msci_segment_recurring_subscriptions_operating_revenues

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$348.13M$357.64M$382.54M$399.76M$407.05M$420.22M$432.50M$445.25M$455.69M$465.00M$505.35M$513.06M$521.47M$536.62M$543.30M$552.64M$562.77M$579.06M$584.23M$600.20M
QoQ Change+2.7%+7.0%+4.5%+1.8%+3.2%+2.9%+2.9%+2.3%+2.0%+8.7%+1.5%+1.6%+2.9%+1.2%+1.7%+1.8%+2.9%+0.9%+2.7%
YoY Change+16.9%+17.5%+13.1%+11.4%+12.0%+10.7%+16.8%+15.2%+14.4%+15.4%+7.5%+7.7%+7.9%+7.9%+7.5%+8.6%
Range$348.13M$600.20M
CAGR+12.2%
Avg YoY Growth+11.9%
Median YoY Growth+11.7%
Current Streak19+ quarters growth

Frequently Asked Questions

What is MSCI's recurring subscriptions — operating revenues?
MSCI (MSCI) reported recurring subscriptions — operating revenues of $600.20M in Q1 2026.
How has MSCI's recurring subscriptions — operating revenues changed year-over-year?
MSCI's recurring subscriptions — operating revenues increased by 8.6% year-over-year, from $552.64M to $600.20M.
What is the long-term trend for MSCI's recurring subscriptions — operating revenues?
Over 4 years (2021 to 2025), MSCI's recurring subscriptions — operating revenues has grown at a 12.4% compound annual growth rate (CAGR), from $1.43B to $2.28B.
What does recurring subscriptions — operating revenues mean?
The total revenue generated from ongoing, renewable subscription contracts for data and software services.