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MSCI MSCI United States — Operating revenues

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Other financials

Income statement

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Revenue$867.0M+12.2%
Gross profit$717.1M+12.9%
Operating income$487.5M+14.6%
Net income$342.0M+12.6%
EPS (diluted)$4.69+19.6%

Balance sheet

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Cash & equivalents$356.4M+2.6%
Total debt$6.5B+40.6%
Total equity-$2.7B-203%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow$370.8M+10.3%
CapEx$11.0M-2.7%
Free cash flow$359.8M+10.7%

Valuation

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Market cap$41.57B-2.0%
Enterprise value$47.76B+2.2%
P/E30.6×-5.4×
P/S12.5×-1.7×

Profitability

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Gross margin83%+0.8pp
Operating margin55.7%+1.8pp
Net margin40.7%+1.3pp
FCF margin47.9%-0.5pp

Returns & leverage

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Return on equity113.8%
Debt / equity6.8×
Current ratio0.9×0.0×

Where this comes from

Reported directly by MSCI in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: MSCI’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 1:49 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001408198-26-000046
(in millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating revenues
Americas:
United States$343.7$309.9$684.2$612.3
Other39.136.676.070.3
Total Americas382.8346.5760.2682.6
Europe, the Middle East and Africa (“EMEA”):
United Kingdom156.6134.3306.3258.0
Other195.7171.3383.9340.4

Item 1. Financial Statements

FAQ

What is MSCI's united states — operating revenues?
MSCI (MSCI) reported united states — operating revenues of $343.7M in Q2 2026.
How has MSCI's united states — operating revenues changed year-over-year?
MSCI's united states — operating revenues increased by 10.9% year-over-year, from $309.9M to $343.7M.
What is the long-term trend for MSCI's united states — operating revenues?
Over 4 years (2021 to 2025), MSCI's united states — operating revenues has grown at a 10.9% compound annual growth rate (CAGR), from $836.88M to $1.27B.
What does united states — operating revenues mean?
This metric represents the total revenue generated from business activities and client engagements within the United States geographic region. It reflects the company's ability to monetize its products and services in the domestic market, serving as a key indicator of regional market penetration and demand for the firm's core offerings. Growth in this figure highlights the strength of the company's domestic commercial strategy and its competitive positioning within the local financial services landscape.

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