Morgan Stanley reported third-quarter 2026 net revenues of $20.3 billion, up 12% from a year earlier, and diluted earnings of $3.03 per share, up from $2.80. Net income applicable to Morgan Stanley rose to $4.9 billion, but return on average tangible common equity eased to 22.6% from 23.5%, and both revenue and EPS were lower than in the second quarter of 2026. The company also repurchased $1.5 billion of its common stock and declared a $1.15 quarterly dividend per share.
Net revenues of $20.3 billion vs. $18.2 billion in Q3 2025, and down 5% from $21.3 billion in Q2 2026
Diluted EPS of $3.03 vs. $2.80 a year ago and $3.46 in Q2 2026
Wealth Management posted record net revenues of $9.1 billion and net new assets of $232.4 billion
$1.5 billion of stock repurchased; $1.15 quarterly dividend payable November 13, 2026 to holders of record October 30, 2026
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Morgan Stanley's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$70.64B
+14.4%
$10.21
+28.4%
23.9%
FY2024
$61.76B
+14.1%
$7.95
+53.5%
21.7%
FY2023
$54.14B
+0.9%
$5.18
-15.8%
16.8%
FY2022
$53.67B
-10.2%
$6.15
-23.4%
20.6%
FY2021
$59.76B
+22.6%
$8.03
+24.3%
25.2%
Frequently asked questions
When is Morgan Stanley's next earnings date?
Morgan Stanley has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Morgan Stanley earn last quarter?
For the quarter ended Sep 2026, Morgan Stanley reported diluted EPS of $3.03 (+8.2% year over year) on revenue of $20.34B (+11.6%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.