Skip to main content

MORGAN STANLEY

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

MS$189.17-0.8%Stored close · as of Nov 12, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Comprehensive Income Statement

Checking your notes…

$ in millions202520242023
Net income$17,025$13,529$9,230
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments306(422)(20)
Change in net unrealized gains (losses) on available-for-sale securities9885211,098
Pension and other2512(87)
Change in net debt valuation adjustment(858)(534)(1,290)
Net change in cash flow hedges58(51)20
Total other comprehensive income (loss)$519$(474)$(279)
Comprehensive income$17,544$13,055$8,951
Net income applicable to noncontrolling interests164139143
Other comprehensive income (loss) applicable to noncontrolling interests(10)(81)(111)
Comprehensive income applicable to Morgan Stanley$17,390$12,997$8,919
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.