MSCI Quarterly Cash Flow Statement
NYSE: MSCIConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MSCI free cash flow
In the quarter ended Jun 30, 2026, MSCI generated $370.8 million of operating cash flow and spent $11.0 million on capital expenditures. That left free cash flow of $359.8 million, a free-cash-flow margin of 41.5% of revenue. Free cash flow was up 10.7% from the prior year's $324.9 million.
MSCI returned $317.9 million to shareholders: $149.5 million in dividends and $168.4 million in share repurchases, equal to 88% of free cash flow. Free cash flow covered dividend payments 2.4 times.
Summary generated from market data by MetaCap's automated system. Methodology
MSCI cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 342.00M | 406.00M | 284.67M | 325.34M | 303.70M | 288.60M | 305.51M | 280.90M | 266.76M | 255.95M | 403.38M | 259.66M |
| Net Income growth (YoY) | +12.61% | +40.68% | -6.82% | +15.82% | +13.85% | +12.75% | -24.26% | +8.18% | +8.08% | +7.22% | +87.64% | +19.88% |
| Depreciation & Amortization | 6.20M | 5.90M | 7.47M | 5.83M | 5.40M | 4.70M | 4.34M | 4.33M | 4.23M | 4.08M | 5.10M | 5.25M |
| Stock-Based Compensation | 25.40M | 47.70M | 25.57M | 22.57M | 23.20M | 40.00M | 22.97M | 18.50M | 19.40M | 34.34M | 16.28M | 18.14M |
| Change in Working Capital | -54.30M | 40.40M | 8.01M | -38.05M | -58.20M | 13.40M | 11.09M | -28.92M | 826.00K | 68.63M | 7.43M | -61.88M |
| Operating Cash Flow | 370.80M | 306.80M | 501.13M | 449.42M | 336.20M | 301.70M | 430.63M | 421.61M | 349.25M | 300.14M | 388.95M | 291.13M |
| Capital Expenditures | -11.00M | -2.80M | -12.44M | -3.98M | -11.30M | -11.60M | -14.25M | -6.63M | -8.62M | -4.27M | -3.81M | -3.56M |
| Investing Cash Flow | -61.50M | -70.50M | -36.45M | -26.11M | -34.60M | -32.90M | -36.73M | -28.06M | -47.13M | -32.33M | -749.97M | -20.98M |
| Dividends Paid | -149.50M | -150.50M | -135.13M | -137.89M | -139.70M | -143.80M | -125.13M | -125.76M | -126.92M | -131.31M | -109.35M | -109.38M |
| Share Repurchases | -168.40M | -414.80M | -906.82M | -1.23B | -138.50M | -213.10M | -374.05M | -199.51M | -241.72M | -69.99M | -27.00K | -18.74M |
| Debt Issued | 200.00M | 375.00M | 874.09M | 1.72B | 115.00M | 100.00M | 220.00M | 0 | 0 | 336.88M | 0 | 0 |
| Debt Repaid | -225.00M | -175.00M | -175.00M | -711.98M | -149.90M | -65.00M | -195.00M | -25.00M | 0 | -339.06M | -2.19M | -2.19M |
| Financing Cash Flow | -339.40M | -364.50M | -349.79M | -369.40M | -321.10M | -321.70M | -476.18M | -350.27M | -368.64M | -207.22M | -111.57M | -130.31M |
| Net Change in Cash | -28.90M | -130.00M | 115.24M | 52.74M | -13.30M | -48.70M | -91.63M | 49.58M | -67.91M | 57.62M | -466.86M | 136.22M |
| Free Cash Flow | 359.80M | 304.00M | 488.69M | 445.44M | 324.90M | 290.10M | 416.39M | 414.98M | 340.63M | 295.87M | 385.14M | 287.57M |
This table shows 12 quarterly periods of MSCI's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MSCI's reporting calendar. What is a cash flow statement?