Quick Answer
MSCI Inc. reported R&D Expense of $177.60 million for fiscal year 2025.
MSCI Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $177.60M | +11.9% |
| 2024 | $158.65M | +20.1% |
| 2023 | $132.12M | +23.2% |
| 2022 | $107.20M | -3.9% |
| 2021 | $111.56M | +10.4% |
| 2020 | $101.05M | +2.8% |
| 2019 | $98.33M | +20.8% |
| 2018 | $81.41M | +7.3% |
| 2017 | $75.85M | +0.9% |
| 2016 | $75.20M | -2.7% |
| 2015 | $77.32M | +8.8% |
| 2014 | $71.09M | +16.5% |
| 2013 | $61.00M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $44.81M | +16.1% | +1.7% |
| June 30, 2025 | $44.07M | +7.3% | -7.4% |
| March 31, 2025 | $47.59M | +17.4% | +23.3% |
| September 30, 2024 | $38.58M | +22.7% | -6.1% |
| June 30, 2024 | $41.07M | +36.3% | +1.4% |
| March 31, 2024 | $40.52M | +29.4% | +28.9% |
| September 30, 2023 | $31.44M | +21.2% | +4.3% |
| June 30, 2023 | $30.14M | +26.0% | -3.8% |
- MSCI Inc. showed an increase of +11.9% in R&D Expense compared to the prior fiscal year.
- Over the 2013–2025 period, MSCI Inc.’s r&d expense has grown by 191.1% (from $61.00 million to $177.60 million).
- The most recent figure is from MSCI Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 6, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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