MSCI shares fall 6% after Q2 results
MSCI Inc. reported strong second-quarter 2026 results with revenue of $867.0 million, up 12.2% year over year, and earnings per share of $4.69 on a diluted basis; adjusted EPS rose to $4.94. The results were accompanied by a record asset-based-fee run rate and growth across the Index and Private Capital Solutions segments, supported by higher stock-market activity and recurring subscriptions, though the company cautioned about rising expenses and raised full-year adjusted EBITDA guidance to $1.34-$1.37 billion. Assets under management for ETFs linked to MSCI indexes reached $2.82 trillion, with continued strength in analytics revenue despite higher costs, and the company deployed about $145 million to repurchase shares and paid a quarterly dividend of $2.05 per share. Management highlighted AI-driven product expansion and a robust pipeline as catalysts for future growth, noting momentum in hedge funds and asset owners and plans to accelerate innovation. Following the results, MSCI’s stock faced pre-market pressure, and the company reiterated its commitment to returning capital to shareholders through buybacks and dividends.
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