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Morgan Stanley Reports Record $18.2B Revenue in Blockbuster Quarter, Shares Surge 4.7%

Morgan Stanley delivered its largest earnings surprise in nearly five years with record quarterly revenue reaching $18.2 billion. The banking giant’s shares climbed 4.7% as robust performance across equities trading, investment banking, and wealth management divisions fueled exceptional results.

Record-Breaking Quarterly Performance

Morgan Stanley reportedly posted a blockbuster third-quarter earnings report that far surpassed analyst expectations, marking its biggest earnings beat in nearly five years, according to financial reports. The New York-based banking giant achieved record net revenues of $18.2 billion for the quarter ending September 30, 2025, representing an 18% increase from the previous year. Sources indicate net income surged nearly 44% year-over-year to $4.6 billion, or $2.80 per diluted share, significantly above consensus forecasts of $2.10 per share.