### Revenue Performance
- Total Revenue: $26.33 billion (YoY: +16.67%, QoQ: +3.30%)
- Gross Profit: $14.26 billion (YoY: +16.09%, QoQ: +2.24%)
### Profitability Metrics
- Operating Income: $4.22 billion (YoY: +34.21%, QoQ: +3.61%)
- Net Income: $3.19 billion (YoY: +32.39%, QoQ: +3.64%)
- EPS (Diluted): $1.88 (YoY: +37.41%, QoQ: +3.24%)
### Cost Management
- Operating Expenses: $10.04 billion, demonstrating strict operational cost controls amid increasing revenue, leading to an operating margin of approximately 16.03%.
Morgan Stanley’s performance illustrates solid fundamentals, operational efficiency, and strategic initiatives positioned to capitalize on market opportunities, despite macroeconomic challenges.