Company intelligence

Morgan Stanley

As of September 5, 2026, Morgan Stanley had a market capitalization of $341.94B (companiesmarketcap.com). Its most recent revenue figure is $70.6B, reported by Morgan Stanley, December 2025.

Global investment bank and financial services firm offering wealth management, investment banking, and institutional securities.

FinancePublic · MSNew York, New York, USAFounded 1935Founders: Henry Sturgis Morgan, Harold StanleyPublic companyWebsite ↗See connections →
Last verified Sep 5, 2026

Morgan Stanley at a glance

As of
Market cap
$341.94B[1]
September 2026
Revenue
$70.6B[2]
December 2025
Founded
1935[3]
Headquarters
New York, New York, USA[4]
  1. [1] Market cap: companiesmarketcap.com, September 5, 2026
  2. [2] Revenue: Morgan Stanley, December 31, 2025
  3. [3] Founded: Wikipedia (retrieved September 5, 2026)
  4. [4] Headquarters: Wikipedia (retrieved September 5, 2026)

What Morgan Stanley does

Morgan Stanley is a New York-based financial services firm listed on the New York Stock Exchange under the ticker MS.[1] For the third quarter of 2026, Morgan Stanley reported net revenues of $20.3 billion and earnings per share of $3.03.[2] Net income applicable to Morgan Stanley was $4.9 billion, up from $4.6 billion a year earlier.[2] The firm said more than half of those new assets were tied to IPO-related flows, including the SpaceX IPO.[3] Its standardized Common Equity Tier 1 capital ratio was 14.9%.[2] Chief Financial Officer Sharon Yeshaya said she expected the IPO market to continue and the firm to keep benefiting from it.[3]

Business model and customers

Revenue rose 12% from $18.2 billion a year earlier.[2] Equity trading revenue rose 41% to $5.8 billion.[2] Fixed income trading revenue fell 7% to $2.0 billion.[2] Wealth Management posted record revenue of $9.1 billion and $232 billion of net new assets.[2] Investment banking revenue rose 2% to $2.2 billion.[2] Investment Management revenue fell 12% to $1.5 billion after a reversal of accrued carried interest at one private fund.[2]

Leadership

  • Ted Pick is chairman and chief executive officer.[2]

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Company Snapshot

Morgan Stanley is a finance company, based in New York, New York, USA, founded 1935 by Henry Sturgis Morgan, Harold Stanley.

Recent changes

  1. Oct 26, 2026Follow-on: Invested in Anthropic ($63B) Morningstar
  2. Oct 19, 2026Invested in Tenstorrent (Series E, $1.5B) Reuters via Investing.com
  3. Oct 19, 2026Morgan Stanley: Nvidia Is 92% Exposed To The AI Capex Boom Pulse story
  4. Oct 8, 2026Invested in Stord (Debt, $400M) Stord
  5. Sep 21, 2026Invested in Amber Electric (Series E, €49M) Capital Brief
Earlier changes (12)
  1. Sep 5, 2026First reported market cap: $341.94B companiesmarketcap.com
  2. Sep 3, 2026Invested in Anthropic ($15B)Rumored Bloomberg
  3. Sep 2, 2026Invested in HiddenLayer (Series B, $100M) TechCrunch
  4. Jul 30, 2026Invested in Groundcover (Series C, $100M) SiliconANGLE
  5. Jun 30, 2026Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its Agents Less Autonomous Pulse story
  6. Jun 30, 2026Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its AI Agents Less Autonomous Pulse story
  7. Jun 18, 2026Morgan Stanley Files Amended S-1s for Solana and Ethereum Trusts, Widening the Crypto-ETF Door Pulse story
  8. Jun 18, 2026Morgan Stanley Files for an Ethereum Trust as Wall Street Deepens Its Crypto Push Pulse story
  9. Jun 18, 2026Morgan Stanley Files for a Solana Trust, Pushing Crypto ETPs Past Bitcoin and Ether Pulse story
  10. Jun 4, 2026Invested in Ramp (Series F, $750M) PR Newswire
  11. May 19, 2026Invested in Commure (Growth round, $70M) Commure (GlobeNewswire)
  12. Dec 31, 2025First reported revenue: $70.6B Morgan Stanley

Latest Pulse

  1. Anthropic IPO Is Multiple Times Oversubscribed | Bankers Eye $1.5TAnthropic's Nasdaq IPO is reportedly multiple times oversubscribed one day into its roadshow, and bankers are weighing a price above the $70-$78 range that could lift the valuation past $1.4 trillion toward $1.5 trillion.→
  2. Anthropic Pays $3.4B for 1.7GW of Gas Generators, FT ReportsAnthropic agreed to pay about $3.4 billion for 1.7 gigawatts of gas-fired generators to power its AI data centers, the Financial Times reported Nov. 8, as its infrastructure spending races to keep pace with its roughly $965 billion valuation.→
  3. Anthropic Compute Bill Hits $10B | Revenue Per Dollar Falls To 1.72xAnthropic's updated IPO filing shows compute consuming 58% of revenue this quarter, up from 48%, with a $10 billion compute bill even as revenue hit $17 billion.→
  4. Kalshi's Valuation Nearly Doubles To $40B Since MayKalshi, the prediction-market platform where users trade on real-world events, raised $1 billion in a Series G that values the company at $40 billion, as reported by The Information, nearly double its $22 billion valuation from May 2026.→
  5. Anthropic Has Lined Up $78B In Debt-Backed Compute FinancingAnthropic has lined up roughly $78B in debt-backed compute financing since September 2026, on top of a $567B compute-commitment liability and a $965B private valuation. Its S-1 shows only $6.2B of debt actually outstanding.→
  6. Vertiv Completes $1.45B UtilityInnovation Buy | Up To $2.6BVertiv completed its acquisition of Raleigh, N.C.-based UtilityInnovation Group on Oct. 27, 2026 for about $1.45 billion in cash plus up to $1.15 billion in earnout, extending its push into power systems for AI data centers.→
  7. Anthropic's Compute Deals Hit $78B With New $63B Broadcom VehicleBank of America, Blackstone, Citi and Morgan Stanley are lining up $63 billion to buy Broadcom's AI accelerators and lease them to Anthropic, the company's second mega debt deal in two months as its IPO filing draws scrutiny over compute costs.→
  8. Anthropic Files For IPO: $16.3B H1 Revenue, Nasdaq 'ANT'Anthropic's public S-1 is on SEC EDGAR: $16.3 billion of H1 2026 revenue, an $80.7 billion net loss (mostly a non-cash charge), and a Nasdaq listing under ticker "ANT." Price, share count and raise size are still blank.→
  9. NeoSpace AI Acquired By Itaú Unibanco For $589MItaú Unibanco agreed to buy all shares of Brazilian AI startup NeoSpace AI for 2.925 billion reals, about $589 million, with part due at closing and the rest deferred over five years.→
  10. Obra Capital Closes Its Fifth CLO, Tops $2B In Two YearsObra Capital closed its fifth collateralized loan obligation in under two years, a $403.6 million deal that pushes its cumulative CLO issuance above $2 billion.→

Coverage Timeline

newest first
  1. Jul 30, 2026AIGoogle Backs $15B Anthropic Data Center Loan in Texas$15B financing→
  2. Jul 14, 2026REGULATIONMorgan Stanley Amends Ethereum and Solana Trust Filings→
  3. Jun 30, 2026AIMorgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its Agents Less Autonomous~1,500 hours/week saved→
  4. Jun 30, 2026AIMorgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its AI Agents Less Autonomous50% reduction→
  5. Jun 18, 2026REGULATIONMorgan Stanley Files Amended S-1s for Solana and Ethereum Trusts, Widening the Crypto-ETF DoorS-1/A filed→
  6. Jun 18, 2026REGULATIONMorgan Stanley Files for an Ethereum Trust as Wall Street Deepens Its Crypto PushS-1/A filed→
  7. Jun 18, 2026REGULATIONMorgan Stanley Files for a Solana Trust, Pushing Crypto ETPs Past Bitcoin and EtherS-1/A filed→

All Coverage

AI
Google Backs $15B Anthropic Data Center Loan in Texas
Illustration for: Google Backs $15B Anthropic Data Center Loan in Texas
AI$15B financing

Google Backs $15B Anthropic Data Center Loan in Texas

A group of banks led by Morgan Stanley is in advanced talks to lend $15 billion to Nexus Data Centers for an Anthropic-linked AI campus in Hubbard, Texas, with Google backing the financing and guaranteeing billions in Anthropic's lease obligations.

REGULATION
Morgan Stanley Amends Ethereum and Solana Trust Filings
Illustration for: Morgan Stanley Amends Ethereum and Solana Trust Filings
REGULATION

Morgan Stanley Amends Ethereum and Solana Trust Filings

Morgan Stanley filed amended S-1s for both a Morgan Stanley Ethereum Trust and a Morgan Stanley Solana Trust, extending the spot-Bitcoin-ETF playbook to the next tier of large-cap tokens.

AI
Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its Agents Less Autonomous
Illustration for: Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its Agents Less Autonomous
AI~1,500 hours/week saved

Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its Agents Less Autonomous

Morgan Stanley deployed an internal agentic system called FIXR to handle profit-and-loss reconciliation -- one of banking's most accuracy-critical, deadline-driven workflows -- cutting the process from up to six hours to two-to-three hours per book, saving roughly 1,500 hours per week across about 100 controllers, VentureBeat reported June 30. Managing Director Todd Johnson said the gains came from deliberately limiting agent autonomy and keeping humans tightly in the loop rather than maximizing how much the system operates independently.

AI
Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its AI Agents Less Autonomous
Illustration for: Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its AI Agents Less Autonomous
AI50% reduction

Morgan Stanley Cut Its Riskiest Reconciliation Job in Half by Making Its AI Agents Less Autonomous

Morgan Stanley deployed an internal agentic system called FIXR into profit-and-loss reconciliation, one of banking's most accuracy-critical, deadline-driven workflows, and cut the manual work in half — not by giving the system more autonomy, but by deliberately limiting it. Human controllers stay tightly in the loop, and their judgment calls get converted into fixed, repeatable rules the system applies going forward rather than being left to model discretion.

REGULATION
Morgan Stanley Files Amended S-1s for Solana and Ethereum Trusts, Widening the Crypto-ETF Door
Illustration for: Morgan Stanley Files Amended S-1s for Solana and Ethereum Trusts, Widening the Crypto-ETF Door
REGULATIONS-1/A filed

Morgan Stanley Files Amended S-1s for Solana and Ethereum Trusts, Widening the Crypto-ETF Door

Morgan Stanley filed amended S-1 registration statements for both a Solana Trust and an Ethereum Trust with the SEC, pushing a blue-chip Wall Street name deeper into spot-crypto products beyond Bitcoin. The filings signal that institutional crypto access is broadening from BTC into the next tier of large-cap tokens.

REGULATION
Morgan Stanley Files for an Ethereum Trust as Wall Street Deepens Its Crypto Push
Illustration for: Morgan Stanley Files for an Ethereum Trust as Wall Street Deepens Its Crypto Push
REGULATIONS-1/A filed

Morgan Stanley Files for an Ethereum Trust as Wall Street Deepens Its Crypto Push

Morgan Stanley filed an amended S-1 for an Ethereum Trust, a single-asset vehicle giving investors regulated exposure to ETH, alongside a parallel Solana Trust filing. The move signals a bulge-bracket bank broadening institutional crypto access beyond Bitcoin into the next tier of digital assets.

REGULATION
Morgan Stanley Files for a Solana Trust, Pushing Crypto ETPs Past Bitcoin and Ether
Illustration for: Morgan Stanley Files for a Solana Trust, Pushing Crypto ETPs Past Bitcoin and Ether
REGULATIONS-1/A filed

Morgan Stanley Files for a Solana Trust, Pushing Crypto ETPs Past Bitcoin and Ether

Morgan Stanley filed an amended S-1 for a Solana Trust (alongside a parallel Ethereum Trust filing), signaling a major Wall Street push to bring single-asset crypto products beyond Bitcoin and Ether to public investors. It's another sign that institutional crypto access is broadening into additional tokens.

Value Add Research

Related Companies

Morgan Stanley FAQ

How much revenue does Morgan Stanley make?

Equity trading revenue rose 41% to $5.8 billion.[2]

Is Morgan Stanley a public company?

Morgan Stanley is a New York-based financial services firm listed on the New York Stock Exchange under the ticker MS.[1]

What is Morgan Stanley's market cap?

Morgan Stanley's market capitalization was $341.94B as of September 5, 2026, according to companiesmarketcap.com.

What is Morgan Stanley's revenue?

Morgan Stanley's most recent revenue figure is $70.6B, reported by Morgan Stanley, December 2025.

When was Morgan Stanley founded and where is it based?

Morgan Stanley was founded in 1935 and is headquartered in New York, New York, USA, according to Wikipedia.

References

researched 2026-10-24
  1. Morgan Stanley
  2. Yahoo Finance
  3. wealthmanagement.com
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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