Company / R&D Expense
MSCI Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$177.6M
FY2025
5-year range
$98.3M / $177.6M
FY2021-FY2025
Trend
+11.9%
vs FY2024
Sector context
#8 of 21
Financials
What the data says
At $178M, MSCI Inc.'s r&d expense ranks #8 of 21 in the Financials sector. R&D Expense has increased for 4 consecutive years, from $98M in FY2021 to $178M in FY2025.
Based on SEC 10-K filings.
$178M in FY2025 with a 5-year CAGR of +11.9%.
Improved from $132M to $178M over the past 2 years.
Financials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +20.7%
- 5-Year CAGR
- +11.9%
- 10-Year CAGR
- -
Sector benchmark
#8 of 21 in FinancialsTop 38% of 21This company $177.6M Sector average $383.2M
▼
-53.7% below sector average
Key checks
Key Insights
- MSCI Inc.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +11.9%, indicating consistent growth.
- In FY2025, r&d expense increased 11.9% year-over-year.
- Ranks #8 out of 21 companies in the Financials sector.
Company context
Key Data Points
- Strong profit margin: 40.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $177.6M | +11.9% |
| FY2024 | $158.7M | +20.1% |
| FY2023 | $132.1M | +30.7% |
| FY2022 | $101.1M | +2.8% |
| FY2021 | $98.3M | -2.7% |
| FY2020 | $101.1M | +2.8% |
| FY2019 | $98.3M | +30.8% |
| FY2018 | $75.2M | -0.9% |
| FY2017 | $75.8M | +6.7% |
| FY2016 | $71.1M | +16.5% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026