Skip to content
AnalystLens

Msci 8-K Report, Financial Results (Oct 20, 2026)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed October 20, 2026
Period End
October 20, 2026
Security
MSCI
In the record · 2016–202610-K1110-Q338-K133

MSCI filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 133 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Aug ’16Aug ’16
  2. Material agreement8-K · Nov ’19Nov ’19
  3. Leadership change8-K · Jan ’22Jan ’22
  4. Leadership change8-K · Nov ’25Nov ’25

01—Abstract

Summary

Summary of the 8-K filed October 20, 2026. Cited figures are marked; the original filing is the authoritative source.

MSCI Inc. (NYSE: MSCI) reported third-quarter 2026 results on October 20, 2026, furnishing its press release as Exhibit 99.1.

Operating revenues were $892.0 milliona, up 12.4%, with organic operating revenue growth of 12.3%. Operating margin was 56.3% and adjusted EBITDA margin was 62.2%. Diluted EPS was $4.86, up 14.4%, and adjusted EPS was $5.11, up 14.3%.

Net income was $351.0 millionb, up 7.9%. Asset-based fees rose 24.9% and recurring subscription revenues rose 7.7%. Total Run Rate reached $3.57 billion, up 12.1%, and the retention rate was 95.0%, compared with 94.7% a year earlier.

Growth was led by the Index segment, where operating revenues rose 18.1% to $532.6 millionc, driven by asset-based fees. Analytics revenue grew 4.8%, but its adjusted EBITDA declined 4.9%. Sustainability and Climate revenue rose 4.0%, and All Other – Private Assets revenue rose 6.7%.

Other expense, net increased 45.2% to $74.2 milliond, mainly due to higher interest expense from higher debt levels. Total debt principal was $6.8 billion, and the debt-to-adjusted EBITDA ratio was 3.2x against a target range of 3.0x to 3.5x. Capital returns remained active: $627.2 million was repurchased in the third quarter through October 19, 2026, and about $0.9 billion remains on the authorization.

The Board declared a $2.05 per share dividend for fourth quarter 2026, payable November 27, 2026. Full-year 2026 guidance was largely unchanged, except that the interest expense range was raised to $288 to $291 million from $282 to $286 million and the effective tax rate range narrowed to 18.0% to 19.5% from 18.0% to 20.0%.

02—Key points

Key Highlights

  1. Operating revenues of $892.0 million, up 12.4%; organic operating revenue growth of 12.3%.
  2. Diluted EPS of $4.86, up 14.4%; adjusted EPS of $5.11, up 14.3%.
  3. Index segment operating revenues rose 18.1% to $532.6 million, with asset-based fees up 24.9%.
  4. Analytics adjusted EBITDA fell 4.9% to $85.7 million, while Analytics revenue rose 4.8%.
  5. Total Run Rate of $3,571.9 million, up 12.1%; retention rate of 95.0%.
  6. Share repurchases of $627.2 million through October 19, 2026, with about $0.9 billion remaining on the authorization.
  7. Full-year 2026 interest expense guidance raised to $288 to $291 million from $282 to $286 million.

03—Questions

Frequently Asked Questions

  1. How did MSCI perform in the third quarter of 2026?

    Operating revenues rose 12.4% to $892.0 million, operating income rose 12.2% to $502.1 million, and net income rose 7.9% to $351.0 million. Diluted EPS was $4.86, up 14.4%.

  2. What drove revenue growth?

    Operating revenues increased $98.6 million, including $49.1 million from higher asset-based fees, $44.5 million from higher recurring subscription revenues and $5.0 million from higher non-recurring revenues. The Index segment was the main contributor, with revenues up 18.1%.

  3. Did full-year 2026 guidance change?

    Most guidance items were unchanged. Interest expense guidance was raised to $288 to $291 million from $282 to $286 million, and the effective tax rate range narrowed to 18.0% to 19.5% from 18.0% to 20.0%.

  4. What are MSCI's capital return plans?

    The Board declared a $2.05 per share cash dividend for fourth quarter 2026, payable November 27, 2026 to holders of record at the close of trading on November 13, 2026. Through October 19, 2026, the company repurchased $627.2 million of shares, and about $0.9 billion remains on the repurchase authorization.

  5. How is MSCI's leverage positioned?

    Total debt principal was $6.8 billion as of September 30, 2026. The debt-to-adjusted EBITDA ratio was 3.2x on a trailing twelve-month basis, within the company's 3.0x to 3.5x target range. Cash and cash equivalents were $261.0 million.

04—Continue

← View all 8-K filings