The financials
Morgan Stanley by the numbers
Morgan Stanley (MS) reported revenue of $21.3B in Q2 2026 (quarter ended June 30, 2026), up 27% from the same quarter a year earlier. That came with net income of $5.58B (26% of revenue). For the full year FY2025, revenue was $70.6B (+14% year on year) and net income $16.9B.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $21.3B | $16.8B | +27% |
| Net income | $5.58B | $3.54B | +58% |
| Diluted EPS | $3.46 | $2.13 | +62% |