Revenue $21.35B, up 27.1% on a year earlier. Total non-interest revenues $18.57B, up 28.5%. Advisory revenues $798.00M, up 57.1%. Diluted EPS $3.46 against $2.13.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $21.35B | $20.58B | $16.79B | +27.1% |
| Operating income | $7.35B | — | — | |
| Net income | $5.58B | $5.57B | $3.54B | +57.7% |
| Diluted EPS | $3.46 | $3.43 | $2.13 | |
| Operating cash flow | -$2.75B | -$7.10B | $11.83B | -123.2% |
| Dividend per share | $1.00 | $1.00 | $0.93 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Total non-interest revenues | $18.57B | $14.45B | +28.5% |
| Advisory revenues | $798.00M | $508.00M | +57.1% |
| Investment Management net revenues | $1.65B | $1.55B | +6.1% |
| services_revenue | $680.00M | $711.00M | -4.4% |
| Institutional Securities net revenues | $11.04B | $7.64B | +44.4% |
| Wealth Management net revenues | $8.86B | $7.76B | +14.1% |
| Sales and Trading Net Revenues | $11.04B | $5.90B | +87.1% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Morgan Stanley (MS) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/MS/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
