Form 10-Q · Quarterly report
MSCI 10-Q, filed Jul 21, 2026
- Filed
- CIK
- 0001408198
- Accession no.
- 0001408198-26-000046
Summary
MSCI reported total operating revenues of $867.0 million for the three months ended June 30, 2026, up 12.2% from a year earlier, with Index segment revenues of $511.0 million and asset-based fees up 26.6% to $233.1 million. BlackRock was its largest client organization by revenue, accounting for 11.8% of consolidated operating revenues in the first half of 2026.
Key points
- Total operating revenues for the six months ended June 30, 2026 were $1,717.8 million, up 13.1% year over year.
- Operating expenses rose 9.2% to $379.5 million in the quarter, with general and administrative costs up 20.6%.
- MSCI served approximately 6,800 clients in more than 100 countries as of June 30, 2026.
- 96.6% of the revenue from BlackRock came from fees based on assets in BlackRock ETFs and non-ETF products based on MSCI indexes.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview 23 Critical Accounting Policies and Estimates 24 Results of Operations 25 Segment Results 31 Liquidity and Capital Resources 38 Cash Flows 39 The following discussion and analysis of the financial condition and results of operations should be read in conjunction with the condensed consolidated financial statements and related notes included elsewhere in this Form 10-Q and in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those discussed below. …
An excerpt of the text as filed with the SEC, cut for length.
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