MSCI Total reportable segment operating revenues — Adjusted EBITDA expenses increased by 12.4% to $287.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $267.13M to $287.20M. Over 3 years (FY 2022 to FY 2025), Total reportable segment operating revenues — Adjusted EBITDA expenses shows an upward trend with a 7.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue suggests improved operational efficiency or better cost management, whereas an increase may indicate rising overhead or investment in segment growth.
This metric captures the total operating costs associated with a specific business segment, adjusted to exclude non-cash...
Comparable to adjusted operating expenses or segment-level cash operating costs reported by peers in the financial technology and index provider sectors.
msci_segment_total_reportable_segment_operating_revenues_adjusted_ebitda_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $203.31M | $203.31M | $203.31M | $203.31M | $220.45M | $220.45M | $220.45M | $220.45M | $244.66M | $230.45M | $226.48M | $241.19M | $267.13M | $247.01M | $248.35M | $255.63M | $287.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +8.4% | +0.0% | +0.0% | +0.0% | +11.0% | -5.8% | -1.7% | +6.5% | +10.8% | -7.5% | +0.5% | +2.9% | +12.4% |
| YoY Change | — | — | — | — | +8.4% | +8.4% | +8.4% | +8.4% | +11.0% | +4.5% | +2.7% | +9.4% | +9.2% | +7.2% | +9.7% | +6.0% | +7.5% |