### Revenue Performance
- Q2 2025 Revenue: $29.35 billion (15.16% YoY, 5.15% QoQ)
- Gross Profit: $16.60 billion (18.98% YoY, 1.31% QoQ)
### Profitability Metrics
- 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)
The substantial revenue growth highlights Morgan Stanley's resilience; however, declines in operating income indicate increased cost pressures and potential inefficiencies that need addressing. Gross profit margin stood strong at 56.5%, showcasing efficient cost management despite operating expenses increasing year-over-year.