MSCI · XBRL financial data

MSCI 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 (MSCI'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
Revenue from contracts with customers	1,695	2,044	2,249	2,529	2,856	3,134
Cost of revenue	292	—	—	—	—	—
Research and development	101	112	107	132	159	178
General and administrative	115	148	147	154	182	180
Operating income (loss)	885	1,073	1,208	1,385	1,529	1,714
Interest income	5	1	12	34	21	16
Interest expense	156	160	172	187	186	210
Other income (expense)	(47)	(56)	(4)	(6)	(8)	(25)
Income tax expense (benefit)	84	132	173	220	247	292
Net income (loss)	602	726	871	1,149	1,109	1,202
Earnings per share, basic USD per share	7.19	8.80	10.78	14.45	14.09	15.72
Earnings per share, diluted USD per share	7.12	8.70	10.72	14.39	14.05	15.69
Weighted average shares, basic millions of shares	84	83	81	79	79	77
Weighted average shares, diluted millions of shares	85	83	81	80	79	77

Fiscal years (MSCI'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	1,301	1,421	994	462	409	515
Accounts receivable	559	665	663	—	—	—
Prepaid and other current assets	46	51	55	58	66	73
Total current assets	1,926	2,143	1,748	1,418	1,344	1,645
Property and equipment, net	80	67	54	56	71	87
Right-of-use asset	153	145	127	115	119	113
Goodwill	1,566	2,236	2,230	2,888	2,915	2,923
Total assets	4,199	5,507	4,998	5,518	5,445	5,702
Accounts payable	14	13	15	10	15	15
Current portion of long-term debt	—	0	9	11	0	—
Total current liabilities	1,022	1,251	1,251	1,517	1,586	1,830
Long-term debt	3,367	4,161	4,503	4,497	4,511	6,202
Lease liability, non-current	152	150	132	120	121	108
Total liabilities	4,642	5,670	6,005	6,258	6,385	8,357
Retained earnings	2,554	2,977	3,473	4,180	4,780	5,428
Total stockholders' equity	(443)	(163)	(1,008)	(740)	(940)	(2,655)
Total liabilities and equity	4,199	5,507	4,998	5,518	5,445	5,702
Common shares outstanding (cover page) millions of shares	83	81	80	79	78	73

Fiscal years (MSCI'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)	602	726	871	1,149	1,109	1,202
Stock-based compensation	51	55	58	72	95	111
Depreciation and amortization	30	29	27	21	17	23
Net cash from operating activities	811	936	1,095	1,236	1,502	1,588
Purchases of property and equipment	22	14	14	23	34	39
Net cash from investing activities	(242)	(1,036)	(79)	(819)	(144)	(130)
Share repurchases	779	198	1,398	504	885	2,484
Dividends paid	246	302	373	441	509	557
Proceeds from long-term debt	1,405	1,804	355	—	—	—
Repayments of long-term debt	1,142	1,052	7	—	—	—
Net cash from financing activities	(779)	230	(1,425)	(954)	(1,402)	(1,362)
Net change in cash	(206)	121	(428)	(532)	(52)	106

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 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
MSCI	261	892	436*	71.5M	Q3 FY26 10-QSep 30, 2026
Fidelity National Information Services	744	3,377	not reported	515.7M	Q2 FY26 10-QJun 30, 2026
Fair Isaac	248	674	380*	21.6M	Q3 FY26 10-QJun 30, 2026
Ebay	1,166	3,206	875*	439.0M	Q3 FY26 10-QSep 30, 2026
Costar Group	500	952	188*	402.3M	Q3 FY26 10-QSep 30, 2026
PayPal Holdings	7,160	8,584	1,592*	830.7M	Q3 FY26 10-QSep 30, 2026
Broadridge Financial Solutions	284	1,669	93	113.1M	Q1 FY27 10-QSep 30, 2026
Mobility Global	186	468	not reported	294.8M	Q2 FY26 10-QJun 30, 2026
Corpay	3,164	1,339	1,470*	65.7M	Q2 FY26 10-QJun 30, 2026

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