Morgan Stanley (NYSE: MS) revenue
Morgan Stanley reported revenue of $70,645m for fiscal 2025, 14.4% more than in fiscal 2024 ($61,761m). Since fiscal 2016 its revenue has grown by 104.0%, an average growth of 8.2% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | $70,645m | +14.4% | $21,954m | 31.1% |
| 2024 | $61,761m | +14.1% | $17,596m | 28.5% |
| 2023 | $54,143m | +0.9% | $11,813m | 21.8% |
| 2022 | $53,668m | −10.2% | $14,089m | 26.3% |
| 2021 | $59,755m | +22.6% | $19,668m | 32.9% |
| 2020 | $48,757m | +17.4% | $14,418m | 29.6% |
| 2019 | $41,538m | +3.6% | $11,301m | 27.2% |
| 2018 | $40,107m | +5.7% | $11,237m | 28.0% |
| 2017 | $37,945m | +9.6% | $10,403m | 27.4% |
| 2016 | $34,631m | — | $8,848m | 25.5% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the revenue of Morgan Stanley
- How much revenue did Morgan Stanley make in fiscal 2025?
- Morgan Stanley reported revenue of $70,645m for fiscal 2025, compared with $61,761m in fiscal 2024.
- How much has the revenue of Morgan Stanley grown?
- Between fiscal 2016 and fiscal 2025 it went from $34,631m to $70,645m: 104.0% more, an average growth of 8.2% a year.
- What was the best year for revenue at Morgan Stanley?
- Of its last 10 fiscal years, fiscal 2025, with $70,645m.
- Where do the figures for Morgan Stanley come from?
- From the annual report (Form 10-K) that Morgan Stanley files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Morgan Stanley files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Morgan Stanley: the Morgan Stanley page · annual accounts · net income · dividends paid · insider transactions.
Dividend per share of Morgan Stanley by fiscal year, with the filing behind every figure: Morgan Stanley dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.