MSCI (MSCI) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

MSCI Revenue Highlights


Latest Revenue (Y)

$2.53B

Latest Revenue (Q)

$707.95M

Main Segment (Y)

Asset Based Fees

Main Geography (Y)

Americas

MSCI Revenue by Period


MSCI Revenue by Year

DateRevenueChange
2023-12-31$2.53B12.47%
2022-12-31$2.25B10.03%
2021-12-31$2.04B20.54%
2020-12-31$1.70B8.83%
2019-12-31$1.56B8.63%
2018-12-31$1.43B12.54%
2017-12-31$1.27B10.73%
2016-12-31$1.15B7.04%
2015-12-31$1.08B7.86%
2014-12-31$996.68M-3.76%
2013-12-31$1.04B9.00%
2012-12-31$950.14M5.46%
2011-12-31$900.94M35.91%
2010-11-30$662.90M49.66%
2009-11-30$442.95M2.78%
2008-11-30$430.96M16.51%
2007-11-30$369.89M19.05%
2006-11-30$310.70M11.57%
2005-11-30$278.47M56.06%
2004-11-30$178.45M95.50%
2003-11-30$91.28M-

MSCI generated $2.53B in revenue during NA 2023, up 12.47% compared to the previous quarter, and up 176.36% compared to the same period a year ago.

MSCI Revenue by Quarter

DateRevenueChange
2024-06-30$707.95M4.12%
2024-03-31$679.97M-1.47%
2023-12-31$690.11M10.34%
2023-09-30$625.44M0.69%
2023-06-30$621.16M4.89%
2023-03-31$592.22M2.78%
2022-12-31$576.21M2.78%
2022-09-30$560.64M1.60%
2022-06-30$551.81M-1.45%
2022-03-31$559.95M1.84%
2021-12-31$549.84M6.33%
2021-09-30$517.10M3.80%
2021-06-30$498.18M4.13%
2021-03-31$478.42M7.84%
2020-12-31$443.66M4.31%
2020-09-30$425.33M3.84%
2020-06-30$409.62M-1.72%
2020-03-31$416.78M2.50%
2019-12-31$406.61M3.13%
2019-09-30$394.25M2.25%
2019-06-30$385.56M3.82%
2019-03-31$371.38M2.68%
2018-12-31$361.69M1.05%
2018-09-30$357.93M-1.41%
2018-06-30$363.05M3.34%
2018-03-31$351.32M4.94%
2017-12-31$334.78M3.94%
2017-09-30$322.10M1.90%
2017-06-30$316.09M4.94%
2017-03-31$301.21M2.87%
2016-12-31$292.81M1.52%
2016-09-30$288.43M-0.74%
2016-06-30$290.60M4.22%
2016-03-31$278.83M2.17%
2015-12-31$272.89M1.53%
2015-09-30$268.77M-0.67%
2015-06-30$270.58M2.97%
2015-03-31$262.77M4.65%
2014-12-31$251.10M-0.22%
2014-09-30$251.66M-1.01%
2014-06-30$254.23M6.07%
2014-03-31$239.69M-10.44%
2013-12-31$267.62M3.63%
2013-09-30$258.24M0.13%
2013-06-30$257.90M2.38%
2013-03-31$251.91M1.95%
2012-12-31$247.08M4.94%
2012-09-30$235.44M-1.31%
2012-06-30$238.56M4.15%
2012-03-31$229.05M1.29%
2011-12-31$226.13M0.49%
2011-09-30$225.03M-0.64%
2011-06-30$226.48M1.43%
2011-03-31$223.30M4.68%
2010-11-30$213.32M5.22%
2010-08-31$202.73M61.97%
2010-05-31$125.17M2.87%
2010-02-28$121.68M2.43%
2009-11-30$118.79M9.11%
2009-08-31$108.87M-0.46%
2009-05-31$109.38M3.27%
2009-02-28$105.92M-1.40%
2008-11-30$107.42M-2.70%
2008-08-31$110.40M2.04%
2008-05-31$108.19M3.09%
2008-02-29$104.95M-

MSCI generated $707.95M in revenue during Q2 2024, up 4.12% compared to the previous quarter, and up 119.54% compared to the same period a year ago.

MSCI Revenue Breakdown


MSCI Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21Dec 20Dec 19Dec 18
Non Recurring$100.13M----
Asset Based Fees$557.50M----
Index-$1.25B$1.02B$920.94M$835.48M
All Other Private Assets-$81.29M---
Analytics-$544.30M$513.81M$496.93M$479.94M
E S G And Climate-$166.19M---
All Other Segments--$165.09M$139.93M$118.57M

MSCI's latest annual revenue breakdown by segment (product or service), as of Dec 23: Asset Based Fees (84.77%), and Non Recurring (15.23%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Recurring Subscriptions$521.47M-------------------
Asset Based Fees$163.28M$150.26M$416.44M$141.07M$125.24M---------------
Non Recurring$23.20M$16.65M$80.75M$19.38M$18.47M---------------
Analytics-$163.97M$144.91M$141.68M$139.80M$138.08M$136.30M$135.90M$134.02M$132.40M$128.34M$127.56M$125.51M$128.21M$123.60M$123.68M$121.44M---
All Other Segments-$64.24M$42.62M$41.30M$39.15M$42.02M$35.21M$33.22M$36.33M$35.17M----------
E S G And Climate Segment-$77.88M------------------
Index-$373.87M$322.24M$320.95M$330.76M$331.81M$321.50M$305.96M$292.49M$268.64M$255.69M$242.91M$249.26M$243.19M$237.43M$225.55M$214.77M---
All Other Private Assets-----$35.89M$34.05M$37.36M$31.51M$15.61M$17.01M$17.16M--------
E S G And Climate-----$57.59M$55.13M$52.03M$48.44M$43.69M$39.31M$34.75M--------

MSCI's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Recurring Subscriptions (73.66%), Asset Based Fees (23.06%), and Non Recurring (3.28%).

MSCI Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Asia And Australia$395.82M$354.87M$321.70M$273.29M$233.55M
Americas$1.16B$1.03B$922.62M$795.37M$764.10M
UNITED STATES$1.04B$934.46M$836.88M$723.96M$698.11M
Other Europe Middle East And Africa Countries$569.03M$512.02M$454.24M$364.55M$325.22M
Other Asia And Australia Countries$295.00M$263.61M$230.29M$192.69M$161.92M
Other America Countries$111.97M$96.02M$85.74M$71.41M$66.00M
JAPAN$100.82M$91.26M$91.42M$80.59M$71.63M
EMEA$977.12M$863.24M---
E M E A--$799.22M$626.74M$560.15M

MSCI's latest annual revenue breakdown by geography, as of Dec 23: Americas (24.86%), UNITED STATES (22.45%), EMEA (21.01%), Other Europe Middle East And Africa Countries (12.24%), Asia And Australia (8.51%), Other Asia And Australia Countries (6.34%), Other America Countries (2.41%), and JAPAN (2.17%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
JAPAN$28.97M$26.57M$25.57M$24.96M$24.29M$26.02M$23.45M$21.78M$22.84M$23.19M$23.40M$22.99M$21.64M$21.59M$19.89M$19.73M$19.39M$18.79M$18.17M-
E M E A$273.52M$264.98M$211.70M$218.56M$215.68M$200.20M$198.06M$185.28M$165.02M$155.69M$153.03M$152.99M$147.42M$140.88M------
Asia And Australia$111.00M$103.95M$98.68M$103.25M$97.61M$96.29M$93.87M$88.70M$86.73M$85.56M$86.03M$81.08M$78.31M$76.29M$73.03M$71.39M$63.87M$64.99M$60.32M$60.34M
Americas$323.43M$311.03M$331.69M$274.33M$284.01M$265.95M$263.64M$257.65M$253.37M$255.82M$248.14M$235.82M$221.81M$216.86M$205.61M$198.25M$192.71M$198.80M$198.87M$193.03M
UNITED STATES$290.44M$280.68M$303.08M$246.09M$256.43M$238.42M$238.18M$233.20M$229.73M$233.36M$225.65M$200.78M$196.69M$186.89M$180.21M$175.82M$181.05M$181.54M$177.15M-
UNITED KINGDOM$116.25M$113.29M------------------
Other Europe Middle East And Africa Countries$157.28M$151.68M$148.04M$142.83M$139.85M$138.32M$132.32M$125.61M$122.52M$131.57M$121.69M$113.10M$113.26M$106.19M$95.87M$90.54M$90.21M$87.93M$87.48M$80.02M
Other Asia And Australia Countries$82.03M$77.38M$73.12M$78.29M$73.32M$70.27M$70.43M$66.92M$63.89M$62.37M$62.63M$57.70M$55.32M$54.64M$51.44M$51.51M$44.15M$45.60M$41.53M$42.17M
Other America Countries$32.99M$30.36M$28.61M$28.24M$27.57M$27.54M$25.46M$24.45M$23.64M$22.47M$22.48M$22.06M$21.03M$20.17M$18.72M$18.04M$16.89M$17.76M$17.33M$15.88M
EMEA-$264.98M$259.74M$247.86M$239.54M$229.98M$218.69M$214.29M------------
U S-----------$213.76M--------
J P-----------$23.38M--------

MSCI's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (22.84%), UNITED STATES (20.51%), E M E A (19.32%), Other Europe Middle East And Africa Countries (11.11%), UNITED KINGDOM (8.21%), Asia And Australia (7.84%), Other Asia And Australia Countries (5.79%), Other America Countries (2.33%), and JAPAN (2.05%).

MSCI Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SPGIS&P Global$12.50B$3.55B
ICEIntercontinental Exchange$9.90B$2.90B
NDAQNasdaq$6.06B$1.79B
MCOMoody's$5.92B$1.82B
CMECME Group$5.58B$1.53B
MSCIMSCI$2.53B$707.95M
MORNMorningstar$2.07B$570.50M

MSCI Revenue FAQ


MSCI's yearly revenue for 2023 was $2.53B, representing an increase of 12.47% compared to 2022. The company's yearly revenue for 2022 was $2.25B, representing an increase of 10.03% compared to 2021. MSCI's yearly revenue for 2021 was $2.04B, representing an increase of 20.54% compared to 2020.

MSCI's quarterly revenue for Q2 2024 was $707.95M, a 4.12% increase from the previous quarter (Q1 2024), and a 13.97% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $679.96M, a -1.47% decrease from the previous quarter (Q4 2023), and a 14.82% increase year-over-year (Q1 2023). MSCI's quarterly revenue for Q4 2023 was $690.11M, a 10.34% increase from the previous quarter (Q3 2023), and a 19.77% increase year-over-year (Q4 2022).

MSCI's revenue growth rate for the last 3 years (2021-2023) was 23.75%, and for the last 5 years (2019-2023) was 62.34%.

MSCI's revenue streams in c 23 are Non Recurring, and Asset Based Fees. Non Recurring generated $100.13M in revenue, accounting 15.23% of the company's total revenue Asset Based Fees generated $557.5M in revenue, accounting 84.77% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of MSCI was Asset Based Fees. This segment made a revenue of $557.5M, representing 84.77% of the company's total revenue.