MSCI Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $1.2b $1.3b $1.4b $1.6b $1.7b $2.0b $2.2b $2.5b $2.9b $3.1b
Cost of Goods and Services Sold $252.1m $273.9m $287.3m $295.0m $291.7m $358.7m $404.3m $446.6m $514.4m $550.4m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $252.1m $273.9m $287.3m $295.0m $291.7m $358.7m $404.3m $446.6m $514.4m $550.4m
Gross Profit (Calculated) (derived) $898.6m $1.0b $1.1b $1.3b $1.4b $1.7b $1.8b $2.1b $2.3b $2.6b
Operating Income (Loss) $488.1m $579.2m $686.9m $755.7m $884.8m $1.1b $1.2b $1.4b $1.5b $1.7b
Additional Financial Items
Amortization of Intangible Assets $47.0m $44.5m $54.2m $49.4m $56.9m $80.6m $91.1m $114.4m $164.0m $169.5m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $263.5m $283.8m $399.0m $351.2m $353.0m $417.7m $525.3m $643.5m $859.7m $818.4m
Income (Loss) from Continuing Operations, Per Basic Share $3 $3
Income (Loss) from Continuing Operations, Per Diluted Share $3 $3
Income (Loss) from Equity Method Investments ($11.8m)
Investment Income, Interest $2.9m $6.3m $19.7m $16.4m $5.0m $1.5m $11.8m $34.5m $21.3m $16.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $385.9m $466.9m $629.9m $603.3m $686.2m $858.1m $1.0b $1.4b $1.4b $1.5b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $260.9m $304.0m
Net Income (Loss) Attributable to Parent $260.9m $304.0m $507.9m $563.6m $601.8m $726.0m $870.6m $1.1b $1.1b $1.2b
Net Income (Loss) Available to Common Stockholders, Basic $260.9m
Earnings Per Share, Basic $2.72 $3.36 $5.83 $6.66 $7.19 $8.80 $10.78 $14.45 $14.09 $15.72
Earnings Per Share, Diluted $2.70 $3.31 $5.66 $6.59 $7.12 $8.70 $10.72 $14.39 $14.05 $15.69
Common Stock, Dividends, Per Share, Declared $1.00 $1.32 $1.92 $2.52 $2.92 $3.64 $4.58 $5.52 $6.40 $7.20
Weighted Average Number of Shares Outstanding, Basic 96.0m 90.3m 87.2m 84.6m 83.7m 82.5m 80.7m 79.5m 78.7m 76.5m
Weighted Average Number of Shares Outstanding, Diluted 96.5m 91.9m 89.7m 85.5m 84.5m 83.5m 81.2m 79.8m 79.0m 76.6m
Research and Development Expense $75.2m $75.9m $81.4m $98.3m $101.1m $111.6m $107.2m $132.1m $158.7m $177.6m
General and Administrative Expense $87.2m $87.9m $99.9m $110.1m $114.6m $147.9m $146.9m $154.0m $182.3m $180.2m
Other Nonoperating Income (Expense) ($3.4m) ($2.5m) $56.4m ($20.7m) ($47.2m) ($56.5m) ($4.0m) ($6.4m) ($8.1m) ($25.4m)
Costs and Expenses $662.6m $695.0m $747.1m $802.1m $810.6m $970.8m $1.0b $1.1b $1.3b $1.4b
Nonoperating Income (Expense) ($102.2m) ($112.3m) ($57.0m) ($152.4m) ($198.5m) ($214.6m) ($163.8m) ($15.5m) ($172.3m) ($219.3m)
Operating Lease, Expense $35.6m $32.8m $30.6m $29.7m
Selling and Marketing Expense $166.7m $177.3m $192.9m $219.3m $216.5m $243.2m $264.6m $276.2m $291.2m $319.8m
Interest Expense (non-operating) $185.5m $209.9m
Interest Expense $101.7m $116.1m $133.1m $148.0m $156.3m $159.6m $171.6m $186.7m
Current Income Tax Expense (Benefit) $142.1m $181.8m $122.8m $60.4m $140.0m $243.5m $136.8m $235.7m $231.1m $245.3m
Income Tax Expense (Benefit) $125.1m $162.9m $122.0m $39.7m $84.4m $132.2m $173.3m $220.5m $247.0m $292.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.