Morgan Stanley

The reviewed SEC 10-Q reports $41,928,000,000 from 2026-01-01 through 2026-06-30, covering 181 days. Dividing by those actual days gives $231,646,409 per day and $2,681 per second. The counter illustrates that historical rate across each UTC day; it is not live sales or management guidance. Net revenue is after interest expense. Bank trading balances, deposits and lending affect operating cash flow, so it is not directly comparable to an industrial company. Separate cash PP&E spending is not identified.

For the quarter ended 2026-06-30, revenue was $21,348,000,000 and net income was $5,581,000,000, a 26.1% net margin. Revenue in the comparable year-earlier quarter was $16,792,000,000. Reported net income includes accounting gains, expenses and charges; it is not cash collected.

Business segments & reconciliation: Institutional Securities: $21,761,000,000 (51.9%); Wealth Management: $17,375,000,000 (41.4%); Investment Management: $3,181,000,000 (7.6%); Intersegment deduction: $-389,000,000 (-0.9%). These amounts cover 2026-01-01 through 2026-06-30. The negative component is a deduction used to reconcile business amounts to net consolidated revenue; it does not represent negative customer sales. Product and geographic breakdowns are labeled as such and should not be mistaken for separate operating segments.

The latest reviewed proxy reports $1,500,000 salary and $37,187,657 total compensation for fiscal 2025. Chairman & CEO. Total includes grant-date accounting values of stock or options, incentives, benefits and pension changes where reported. It is not all cash received. This is the SEC compensation-table value, which differs from the separately discussed annual incentive award. The annual-pay counter is an illustration spread through the current calendar year, not evidence of cash being paid every second.

The annual filing reports 83,000 employees as of 2025-12-31. The proxy reports median total employee compensation of $136,396 for Fiscal 2025. Median means the middle employee in the disclosed population, not an average base salary. Workforce and pay-ratio populations can differ. Median total pay is the middle disclosed employee, not average salary. This page divides the first displayed executive’s compensation-table total by median pay, which can differ from the issuer’s official ratio.

The filing reports $-9,845,000,000 operating cash flow, but a separate cash PP&E spending figure is not identified. No cash-after-investment figure is manufactured. Net revenue is after interest expense. Bank trading balances, deposits and lending affect operating cash flow, so it is not directly comparable to an industrial company. Separate cash PP&E spending is not identified. Bank deposit and trading flows are different from industrial cash generation.

The reviewed period shows $3,385,000,000 of cash dividend payments. That is a historical total, not dividend yield or a promise about future payments. Dividend and repurchase payments are historical cash outflows, not future commitments or dividend yield.

Watch Wealth management asset flows, Investment banking and markets activity, Liquidity and regulatory capital. Client assets and deal activity support fees; market prices, interest rates, trading risks and capital requirements affect results. The next-quarter counters hold the reported daily rate unchanged. They are World Numbers scenarios, not issuer guidance or stock-price predictions.