MSCI said total operating revenues for the 3 months ended June 30, 2025 increased 9.1%, and adjusting for the impact of foreign currency exchange rate fluctuations, would have increased 8.3%. For the 6 months, operating revenues increased 9.4%, and adjusting for foreign currency exchange rate fluctuations, increased 9.1%.

10-QQuarterly reportFiled Jul 22, 2025Period of report Jun 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

MSCI said total operating revenues for the 3 months ended June 30, 2025 increased 9.1%, and adjusting for the impact of foreign currency exchange rate fluctuations, would have increased 8.3%. For the 6 months, operating revenues increased 9.4%, and adjusting for foreign currency exchange rate fluctuations, increased 9.1%.
The company said Index segment operating revenues increased 9.5% for the 3 months and 11.1% for the 6 months. Asset-based fees increased 12.7% for the 3 months, and the average value of AUM in ETFs linked to MSCI equity indexes increased $278.1 billion (17.5%) for the 3 months.
MSCI said total operating expenses increased 6.8% for the 3 months. The company cited an adjustment to the fair value of contingent consideration related to the Fabric acquisition and lower transaction costs as factors in the 3.4% decrease in general and administrative expenses for the same period.
The company said it had Senior Notes of $4,200.0 million and revolving credit facility borrowings of $337.0 million as of June 30, 2025. The remaining authorized amount under the 2024 repurchase program is $1,248.9 million.

Key figures

Quarter ended June 30, 2025

Revenue: $773M
Operating income: $425M
Net income: $304M
EPS: $3.92

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Total Operating Revenue Growth for Q2 and First Half

MSCI said total operating revenues for the 3 months ended June 30, 2025 increased 9.1%, and adjusting for the impact of foreign currency exchange rate fluctuations, would have increased 8.3%. For the 6 months, operating revenues increased 9.4%, and adjusting for foreign currency exchange rate fluctuations, increased 9.1%.

Source · Based on the MD&A text of the filing

Index Segment Asset-Based Fees and ETF AUM

The company said Index segment operating revenues increased 9.5% for the 3 months and 11.1% for the 6 months. Asset-based fees increased 12.7% for the 3 months, and the average value of AUM in ETFs linked to MSCI equity indexes increased $278.1 billion (17.5%) for the 3 months.

Source · Based on the MD&A text of the filing

Operating Expense Increase and General and Administrative Expense Decrease

MSCI said total operating expenses increased 6.8% for the 3 months. The company cited an adjustment to the fair value of contingent consideration related to the Fabric acquisition and lower transaction costs as factors in the 3.4% decrease in general and administrative expenses for the same period.

Source · Based on the MD&A text of the filing

Debt Outstanding and Remaining Authorized Share Repurchase Amount

The company said it had Senior Notes of $4,200.0 million and revolving credit facility borrowings of $337.0 million as of June 30, 2025. The remaining authorized amount under the 2024 repurchase program is $1,248.9 million.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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