MSCI MSCI Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenues by Business | ||||||
| All Other - Private Assets | $284.66M+8.9% | $279.36M+8.2% | $273.84M+7.8% | $267.68M+18.3% | $261.35M+31.3% | |
| Analytics | $732.21M+7.2% | $714.41M+5.8% | $704.83M+5.7% | $695.03M+7.1% | $683.32M+8.0% | |
| Index | $1.86B+13.2% | $1.79B+11.9% | $1.73B+10.5% | $1.68B+10.5% | $1.64B+10.6% | |
| Sustainability and Climate | $361.2M+8.4% | $353.9M+8.4% | $348.86M+11.4% | $342.37M+13.5% | $333.32M+13.5% | |
| Operating revenues by Product | ||||||
| Asset-based fees | $817.76M+19.4% | $770.66M+17.2% | $734.33M+17.1% | $705.43M+17.6% | $684.64M+19.1% | |
| Non-recurring | $95.42M+14.5% | $85.12M+1.1% | $83.36M-15.7% | $85.97M-13.0% | $83.33M-19.0% | |
| Recurring subscriptions | $2.33B+8.0% | $2.28B+7.8% | $2.24B+7.8% | $2.2B+9.5% | $2.15B+11.1% | |
| Operating revenues by Geography | ||||||
| Japan | $134.51M+14.2% | $127.61M+11.8% | $124.55M+13.3% | $120.85M+13.9% | $117.78M+16.2% | |
| Other | $143.88M+8.8% | $140.68M+9.1% | $138.06M+10.8% | $135.84M+13.0% | $132.29M+15.2% | |
| United Kingdom | $569.47M+16.2% | $543.47M+13.3% | $523.86M+13.0% | $508.12M+13.9% | $490.08M+14.0% | |
| United States | $1.31B+9.6% | $1.27B+8.4% | $1.24B+5.6% | $1.21B+8.0% | $1.19B+9.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MSCI break its business down?
- MSCI (MSCI) reports operating revenues by business across 4 parts — All Other - Private Assets, Analytics, Index and Sustainability and Climate. Each is extracted from the segment footnotes and tracked over time.
- Where does MSCI's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MSCI'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.
