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Sep 30, 2022

MSCI Q3 2022 Earnings Report

MSCI delivered strong Q3 2022 results amidst market turmoil, driven by recurring net new sales and subscription growth.

Key Takeaways

MSCI reported strong financial results for Q3 2022, with operating revenues up 8.4% to $560.6 million and diluted EPS up 32.0% to $2.68. The company saw growth in recurring subscription revenues and a high retention rate, demonstrating the resilience of its all-weather franchise.

Operating revenues increased by 8.4% to $560.6 million.

Diluted EPS increased by 32.0% to $2.68.

Recurring subscription revenues were up 17.5%.

Retention Rate was 96.4%.

Total Revenue
$561M
Previous year: $517M
+8.4%
EPS
$2.85
Previous year: $2.53
+12.6%
Retention Rate
96.4%
Previous year: 94.5%
+2.0%
Gross Profit
$462M
Previous year: $427M
+8.1%
Cash and Equivalents
$867M
Previous year: $1.28B
-32.5%
Free Cash Flow
$305M
Previous year: $211M
+44.4%
Total Assets
$4.78B
Previous year: $5.14B
-7.1%

MSCI

MSCI

MSCI Revenue by Segment

Forward Guidance

MSCI's full-year 2022 guidance is based on assumptions about macroeconomic and capital market factors, particularly related to equity markets, and is subject to uncertainty.

Revenue & Expenses

Visualization of income flow from segment revenue to net income