FinEdge Labs
M

MSCI

MSCIReviewed
3 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$3.1B9.7%
FY2025
Operating Segments
3
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Recurring Subscriptions
Segment Shift

Recurring Subscriptions has grown from 74.4% to 72.7% of total revenue since FY2018, with 0.0% operating margins. Meanwhile, Asset Based Fees is the fastest growing at +17.2% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Recurring Subscriptions$2.3B$00.0%72.7%+7.8%
Asset Based Fees$771M$00.0%24.6%+17.2%
Non Recurring$85M$00.0%2.7%+1.1%

Want more? Unlock the full analysis.

Sign up free to access quarterly data, financial statements, trend analysis, geographic segments, Excel exports, and cross-company comparisons.

Get Started Free