MSCI (MSCI) r&d spend was $178M in FY2025 (+12% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$178M
+12%
2024
$159M
+20%
2023
$132M
+23%
2022
$107M
-4%
2021
$112M
+10%
2020
$101M
+3%
2019
$98M
+21%
2018
$81M
+7%
2017
$76M
+1%
2016
$75M
-3%
2015
$77M
+9%
2014
$71M
+17%
2013
$61M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$46M
Q1 2026
$50M
Q4 2025
$41M
Q3 2025
$45M
Q2 2025
$44M
Q1 2025
$48M
Q4 2024
$38M
Q3 2024
$39M
Q2 2024
$41M
Q1 2024
$41M
Q4 2023
$39M
Q3 2023
$31M
Source: MSCI on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.