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MSCI (MSCI) operating margin by quarter

MSCI's operating margin was 56.3% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026. Over the last 7 quarters it ranged from 50.5% (Q1 2025) to 56.4% (Q3 2025).

MSCI operating margin by quarterMSCI operating margin by quarter50.5%Q1 202555.0%Q2 202556.4%Q3 202556.4%Q4 202553.7%Q1 202656.2%Q2 202656.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202656.3%+0.1 pts-0.1 pts
Q2 202656.2%+2.5 pts+1.2 pts
Q1 202653.7%-2.7 pts+3.2 pts
Q4 202556.4%-0.0 pts—
Q3 202556.4%+1.4 pts—
Q2 202555.0%+4.5 pts—
Q1 202550.5%——

Q3 2026 at a glance

MSCI, Q3 2026: revenue $892M (+12% year over year), operating margin 56.3%, net earnings $351M, operating cash flow $436M. The chart follows the revenue to costs, profit and cash.

Questions

What is MSCI's operating margin?

MSCI's operating margin was 56.3% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026.

How has MSCI's operating margin changed?

Over the last 7 quarters it ranged from 50.5% (Q1 2025) to 56.4% (Q3 2025).

Q3 2026 results → · How MSCI makes money →