FinEdge Labs
M

MSCI

MSCIReviewed
3 segments tracked|10 years of data|Annual (10-K)
Total Revenue
$2.9B12.9%
FY2024
Operating Segments
3
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Recurring Subscriptions
Segment Shift

Recurring Subscriptions has grown from 64.7% to 74.0% of total revenue since FY2015, with 0.0% operating margins. Meanwhile, Asset Based Fees is the fastest growing at +17.9% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2024

SegmentRevenueOp. IncomeMargin% of TotalYoY
Recurring Subscriptions$2.1B$00.0%74.0%+13.0%
Asset Based Fees$658M$00.0%23.0%+17.9%
Non Recurring$84M$00.0%2.9%-15.9%

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