Morgan Stanley
$190.31Change from previous close: +1.22%Absolute change: +$2.30
At a glance
- Revenue growth
- +14.31%
- 2025 vs 2024
- Net income growth
- +25.92%
- 2025 vs 2024
- Net margin
- 24.0%
- 2024: 21.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -2,747 | -7,098 | -2,410 | -3,332 | 11,829 | -23,976 | 11,800 | -17,323 | 2,525 | 4,360 | -17,752 | 3,747 |
| Depreciation and amortization | 1,202 | 714 | 1,138 | 1,348 | 1,307 | 865 | 1,645 | 1,270 | 1,271 | 975 | 1,406 | 988 |
| Capital expenditure | -819 | -754 | -709 | -713 | -763 | -713 | -879 | -916 | -851 | -816 | -929 | -913 |
| Investing cash flow | -7,204 | -6,600 | -13,397 | -10,676 | -17,672 | -5,034 | -10,150 | -6,696 | -13,668 | 1,054 | -8,801 | 517 |
| Financing cash flow | 37,060 | 36,460 | 23,970 | 9,076 | 21,667 | 13,045 | 15,255 | 23,048 | -404 | 8,857 | 5,694 | 361 |
| Dividends paid | -1,677 | -1,708 | -1,688 | -1,705 | -1,584 | -1,616 | -1,585 | -1,590 | -1,467 | -1,496 | -1,477 | -1,501 |
| Share repurchases | -1,672 | -2,875 | -1,530 | -1,146 | -1,129 | -2,030 | -852 | -806 | -823 | -1,718 | -1,342 | -1,542 |
| Debt issued | 48,344 | 56,195 | 45,261 | 22,318 | 40,276 | 32,439 | 30,970 | 25,923 | 26,526 | 29,304 | 18,158 | 21,001 |
| Debt repaid | -25,970 | -28,067 | -28,199 | -26,102 | -23,564 | -21,528 | -25,634 | -15,860 | -21,015 | -17,721 | -15,958 | -14,450 |
| Effect of exchange rates | -503 | -928 | -202 | -464 | 2,567 | 1,318 | -2,603 | 1,895 | -598 | -1,198 | 1,690 | -1,218 |
| Net change in cash | 26,606 | 21,834 | 7,961 | -5,396 | 18,391 | -14,647 | 14,302 | 924 | -12,145 | 13,073 | -19,169 | 3,407 |
| Free cash flow | -3,566 | -7,852 | -3,119 | -4,045 | 11,066 | -24,689 | 10,921 | -18,239 | 1,674 | 3,544 | -18,681 | 2,834 |