
Quarterly ResultMar 29, 2026, 10:45 PM
Morgan Stanley Reports Q4 2025 Net Revenues of $17.89 Billion, Up 10% Year-over-Year
AI Summary
Morgan Stanley reported its fourth quarter 2025 earnings, with net revenues reaching $17.89 billion, a 10% increase compared to Q4 2024. Net income applicable to Morgan Stanley was $4.397 billion, up 18% year-over-year, indicating strong performance across its business segments.
Key Highlights
- Q4 2025 net revenues were $17.89 billion, up 10% from $16.223 billion in Q4 2024.
- Net income applicable to Morgan Stanley was $4.397 billion, an 18% increase from $3.714 billion in Q4 2024.
- Institutional Securities net revenues were $7.931 billion, up 9% year-over-year.
- Wealth Management net revenues were $8.429 billion, up 13% year-over-year.
- Investment Management net revenues were $1.720 billion, up 5% year-over-year.
Price Impact
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