Executive Summary
Morgan Stanley reported impressive Q2 2025 results, exhibiting a revenue increase of 15.16% year-over-year (YoY) to $29.35 billion, driven primarily by robust performance in their Institutional Securities and Wealth Management segments. The company’s net income rose by 15.05% YoY to $3.54 billion, with earnings per share (EPS) reflecting a growth of 15.14% YoY. However, the quarter showed sequential (quarter-on-quarter, or QoQ) challenges, with notable declines in operating income and net income of 16.63% and 17.98% respectively.
Key Performance Indicators
Revenue
29.35B
QoQ: 5.15% | YoY:15.16%
Gross Profit
16.60B
56.55% margin
QoQ: 1.31% | YoY:18.98%
Operating Income
4.62B
QoQ: -16.63% | YoY:13.45%
Net Income
3.54B
QoQ: -17.98% | YoY:15.05%
EPS
2.13
QoQ: -18.70% | YoY:15.14%
Revenue Trend
Margin Analysis
Key Insights
- **Q2 2025 Revenue**: $29.35 billion (15.16% YoY, 5.15% QoQ)
- **Gross Profit**: $16.60 billion (18.98% YoY, 1.31% QoQ)
- **Operating Income**: $4.62 billion (13.45% YoY, -16.63% QoQ)
- **Net Income**: $3.54 billion (15.05% YoY, -17.98% QoQ)
- **EPS**: $2.13 (15.14% YoY, -18.70% QoQ)