MSCI Q1 Beats Estimates, Revenue +14%

MSCI reported Q1 2026 adjusted EPS $4.55, beating consensus $4.43, and revenue $850.8 million, up 14.1% YoY.
Index segment revenue rose 17.7% to $496.3 million, while analytics and sustainability revenues grew 10.3% and 8.6% respectively.
Operating margin expanded to 53.7% and adjusted EBITDA margin to 59.3%; net income jumped 40.7% to $406 million.
MSCI kept FY2026 guidance unchanged, repurchased $464 million of shares and declared a $2.05 quarterly dividend.