NYSE · Financials · Financials
Morgan Stanley (MS) financial statements and cash flow.
Revenue, profitability, balance-sheet strength, and cash generation for MS. Market data source · as of 2026-06-30.
Section freshness
Price Aug 19, 11:51 AM EDT · Statements Jun 29, 8:00 PM EDT
Financial read
MS latest financial snapshot.
Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.
Net income
$5.58B
+0.3% QoQ
Balance sheet coverage
MS balance sheet summary
Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.
20 quarterly · 4 annual rows · Market data source · as of 2026-06-30
Latest period
Q2 FY2026
20 quarterly · 4 annual rows
Assets / liabilities
$1.68T
Liabilities $1.56T
Cash / debt
$160.13B
Net cash -$223.02B
Equity / working capital
$116.33B
Working capital —
Financial statements
MS statement coverage.
Income statement, balance sheet, and cash-flow figures for MS, with quarterly and annual history in the tables below.
Data last updated
Jun 29, 2026
Income periods
24
Balance-sheet periods
24
Cash-flow periods
24
Quarterly and annual MS statements, sourced from Market data source · as of 2026-06-30.
Financial statement period
MS statement history
Market data source · as of 2026-06-30 · Data last updated: Jun 29, 2026
Income statement
Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.
| Period | Revenue | Gross profit | Operating income | Interest income | Continuing ops | Net income | Comprehensive income | Net margin | Revenue QoQ | Net income QoQ |
|---|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2026 | $5.58B | +0.3% | ||||||||
| Q1 FY2026 | $5.57B | +26.6% | ||||||||
| Q4 FY2025 | $4.40B | -4.6% | ||||||||
| Q3 FY2025 | $4.61B | +30.3% | ||||||||
| Q2 FY2025 | $3.54B | -18.0% | ||||||||
| Q1 FY2025 | $4.32B | +16.2% | ||||||||
| Q4 FY2024 | $3.71B | +16.5% | ||||||||
| Q3 FY2024 | $3.19B | +3.6% |
Balance sheet
Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.
| Period | Cash | Current assets | Current liabilities | Total assets | Total liabilities | Total debt | Capital leases | Total equity | Shares | Debt QoQ |
|---|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2026 | $160.13B | $1.68T | $1.56T | $383.16B | $116.33B | +5.5% | ||||
| Q1 FY2026 | $133.53B | $1.58T | $1.47T | $363.01B | $114.29B | +6.2% | ||||
| Q4 FY2025 | $111.69B | $1.42T | $1.31T | $341.68B | $111.63B | +5.4% | ||||
| Q3 FY2025 | $103.73B | $1.36T | $1.25T | $324.13B | $109.96B | +1.2% | ||||
| Q2 FY2025 | $109.13B | $1.35T | $1.24T | $320.13B | $108.18B | +7.8% | ||||
| Q1 FY2025 | $90.74B | $1.30T | $1.19T | $297.00B | $106.81B | +4.5% | ||||
| Q4 FY2024 | $105.39B | $1.22T | $1.11T | $284.31B | $104.51B | -2.4% | ||||
| Q3 FY2024 | $91.08B | $1.26T | $1.15T | $291.22B | $103.65B | +7.9% |
Cash flow
Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.
| Period | Operating cash flow | CapEx | Free cash flow | Net income | Stock comp | Debt issuance | Dividends paid | Buybacks | Change in cash | FCF QoQ |
|---|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2026 | -$2.75B | $5.58B | $1.68B | |||||||
| Q1 FY2026 | -$7.10B | $5.57B | $1.71B | |||||||
| Q4 FY2025 | -$2.41B | $4.40B | $1.69B | |||||||
| Q3 FY2025 | -$3.33B | $4.61B | $1.71B | |||||||
| Q2 FY2025 | $11.83B | $3.54B | $1.58B | |||||||
| Q1 FY2025 | -$23.98B | $4.32B | $1.62B | |||||||
| Q4 FY2024 | $11.80B | $3.71B | $1.58B | |||||||
| Q3 FY2024 | -$17.32B | $3.19B | $1.59B |
Valuation and returns
- Enterprise value
- $559.82B
- TECHi computed
- Return on equity
- 17.33%
- Market data source
- Return on assets
- 1.20%
- Market data source
- Debt / equity
- 3.29
Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.
Annual revenue and income multiples
Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.
- Annual income base
- $16.86B
- Annual statement 2025-12-31
- Market cap / annual income
- 19.98
- Live market value divided by annual net income
Market capitalization bridge
TTM valuation multiples
Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.
Profit multiples
Revenue, net income, and free cash flow
Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.
Efficiency
Growth vs cost pressure
Profit bridge
Other income statement lines
Balance sheet · Q2 FY2026
- Cash & equivalents
- $160.13B
- Total debt
- $383.16B
- Net cash
- -$223.02B
- Net debt position
- Total equity
- $116.33B
Balance sheet detail
- Long-term debt
- $383.16B
Debt and liquidity
Cash generation
- Operating cash flow
- -$2.75B
- Capital returned
- $1.68B
- Buybacks + dividends paid
Cash-flow detail
- Investing cash flow
- -$7.20B
- Financing cash flow
- $37.06B
- Dividends paid
- $1.68B
Frequently asked
Common questions.
What financial data is available for MS?
The MS Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for Morgan Stanley. Missing modules and empty line items are omitted.
How current are MS's financial statements?
Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.