MSCI Inc.'s results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-20. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $892 million (+12.4% vs a year earlier) |
| Diluted EPS (GAAP) | $4.86 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $5.11 |
| Full-year guidance | Reaffirmed |
Guidance
MSCI kept 2026 operating expense ($1,535–$1,575M), capex and free cash flow ($1,485–$1,545M) guidance; interest expense guide raised, tax range narrowed.
Why this label: Current-vs-prior table unchanged for operating expense, capex, operating cash flow and FCF (interest expense up, tax range narrowed); no revenue/EPS guidance, so no core item moved.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| operating expense | FY2026 | $1,535–$1,575 million | $1,535–$1,575 million |
| adjusted EBITDA expense | FY2026 | $1,340–$1,370 million | $1,340–$1,370 million |
| interest expense | FY2026 | $288–$291 million | $282–$286 million |
| depreciation & amortization expense | FY2026 | $195–$205 million | $195–$205 million |
| effective tax rate | FY2026 | 18.0%–19.5% | 18.0%–20.0% |
| capital expenditures | FY2026 | $160–$170 million | $160–$170 million |
| net cash provided by operating activities | FY2026 | $1,655–$1,705 million | $1,655–$1,705 million |
| free cash flow | FY2026 | $1,485–$1,545 million | $1,485–$1,545 million |
From the release
Revenue: "Operating revenues · $ · 892.0 · $ · 793.4 · 12.4 · %"
Earnings per share: "Diluted EPS of $4.86, up 14.4%; Adjusted EPS of $5.11, up 14.3%"
operating expense: "Operating Expense · $1,535 to $1,575 million · $1,535 to $1,575 million"
adjusted EBITDA expense: "Adjusted EBITDA Expense · $1,340 to $1,370 million · $1,340 to $1,370 million"
interest expense: "(including amortization of financing fees) 1 · $288 to $291 million · $282 to $286 million"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Asset-based fees rose 24.9%; operating revenues up 12.4% to $892.0 million.
Source
MSCI Inc. earnings release (SEC filing), accession 0001408198-26-000054, filed 2026-10-20.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.