MSCI Q4 revenue rose 10.6% to $822.5 million, but diluted EPS fell 2.3% to $3.81
MSCI reported fourth-quarter 2025 operating revenues of $822.5 million, up 10.6%, and full-year 2025 revenues of $3,134.5 million, up 9.7%. Fourth-quarter diluted EPS fell 2.3% to $3.81 and net income fell 6.8%, while adjusted EPS rose 11.5% to $4.66, and the company gave 2026 guidance for operating expenses, free cash flow and other items.
Key points
- Q4 2025 operating revenues were $822.5 million, up 10.6%, and operating income was $463.6 million, up 14.4%.
- Q4 diluted EPS was $3.81, down 2.3%, and net income was $284.7 million, down 6.8%; the company cited higher interest expense and an $11.8 million loss on a minority investee write-off.
- Full-year 2025 diluted EPS was $15.69, up 11.7%, and the board declared a $2.05 quarterly dividend for Q1 2026, up 13.9%.
- Full-year 2026 guidance includes free cash flow of $1,470 to $1,530 million and adjusted EBITDA expense of $1,305 to $1,335 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 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.