Morgan Stanley (MS) revenue breakdown
By segment, IS is the largest at 46% of fiscal 2025 revenue, growing 20% a year over 2 years.
By region, Americas is the largest at 75% of fiscal 2025 revenue; Asia grew fastest, 21% a year over 2 years.
Revenue by segment
Fiscal years, as Morgan Stanley reports them in its 10-K filings; fiscal 2025 total $71.4B.
| Segments | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| IS | $23.1B | $28.1B | $33.1B | 46% |
| WM | $26.3B | $28.4B | $31.8B | 44% |
| IM | $5.4B | $5.9B | $6.5B | 9% |
Revenue by region
Fiscal years, as Morgan Stanley reports them in its 10-K filings; fiscal 2025 total $70.6B.
| Regions | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Americas | $41.7B | $46.9B | $52.9B | 75% |
| Asia | $6.4B | $7.6B | $9.4B | 13% |
| EMEA | $6.1B | $7.2B | $8.3B | 12% |
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Where does Morgan Stanley make its money?
In fiscal 2025, by segment: IS $33.1B, WM $31.8B, IM $6.5B.
From Morgan Stanley's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.