MORGAN STANLEY
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
MS$187.10+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Comprehensive Income Statement
| $ in millions | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net income | $17,025 | $13,529 | $9,230 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | 306 | (422) | (20) |
| Change in net unrealized gains (losses) on available-for-sale securities | 988 | 521 | 1,098 |
| Pension and other | 25 | 12 | (87) |
| Change in net debt valuation adjustment | (858) | (534) | (1,290) |
| Net change in cash flow hedges | 58 | (51) | 20 |
| Total other comprehensive income (loss) | $519 | $(474) | $(279) |
| Comprehensive income | $17,544 | $13,055 | $8,951 |
| Net income applicable to noncontrolling interests | 164 | 139 | 143 |
| Other comprehensive income (loss) applicable to noncontrolling interests | (10) | (81) | (111) |
| Comprehensive income applicable to Morgan Stanley | $17,390 | $12,997 | $8,919 |
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