MS · XBRL financial data

Morgan Stanley financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Interest expense	3,849	1,366	12,268	42,051	—	—
Income tax expense (benefit)	3,239	4,548	2,910	2,583	4,067	4,929
Net income (loss)	10,996	15,034	11,029	9,087	13,390	16,861
Earnings per share, basic USD per share	6.55	8.16	6.23	5.24	8.04	10.32
Earnings per share, diluted USD per share	6.46	8.03	6.15	5.18	7.95	10.21
Weighted average shares, basic millions of shares	1,603	1,785	1,691	1,628	1,591	1,574
Weighted average shares, diluted millions of shares	1,624	1,814	1,713	1,646	1,611	1,592

Fiscal years (MS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	105,654	127,725	128,127	89,232	105,386	111,695
Right-of-use asset	4,419	4,268	4,073	4,368	4,114	4,164
Goodwill	11,635	16,833	16,652	16,707	16,706	16,726
Total assets	1,115,862	1,188,140	1,180,231	1,193,693	1,215,071	1,420,270
Current portion of long-term debt	0	—	—	—	—	—
Total deposits	310,782	347,574	356,646	351,804	376,007	415,523
Total liabilities	1,012,713	1,081,542	1,079,000	1,093,711	1,109,643	1,307,618
Retained earnings	78,694	89,432	94,862	97,996	104,989	115,091
Total stockholders' equity	101,781	105,441	100,141	99,038	104,511	111,632
Total liabilities and equity	1,115,862	1,188,140	1,180,231	1,193,693	1,215,071	1,420,270
Common shares outstanding (cover page) millions of shares	1,814	1,781	1,682	1,635	1,613	1,588

Fiscal years (MS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	10,996	15,034	11,029	9,087	13,390	16,861
Stock-based compensation	1,312	2,085	1,875	1,709	1,622	1,926
Net cash from operating activities	(25,231)	33,971	(6,397)	(33,536)	1,362	(17,889)
Net cash from investing activities	(37,898)	(49,897)	(11,632)	(3,084)	(29,460)	(46,779)
Dividends paid	2,739	4,171	5,401	5,763	6,138	6,593
Net cash from financing activities	83,784	41,547	22,714	(2,726)	46,756	67,758
Net change in cash	23,483	22,071	402	(38,895)	16,154	6,309

SIC 6211 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6211 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Morgan Stanley	160,135	not reported	(2,747)*	1.6B	Q2 FY26 10-QJun 30, 2026
Goldman Sachs Group	176,767	18,679	4,181*	288.4M	Q3 FY26 10-QSep 30, 2026
BlackRock	12,877	7,752	2,706*	not reported	Q3 FY26 10-QSep 30, 2026
Schwab Charles	40,580	7,072	4,300*	1.7B	Q2 FY26 10-QJun 30, 2026
Robinhood Markets	5,829	1,424	1,225*	not reported	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.