MSCI Inc. Q3 2025 Earnings and Share Repurchase Program

MSCI Inc. reported its financial results for the third quarter of 2025, showing a 9.5% increase in operating revenues to $793.4 million. The company also announced a new $3.0 billion share repurchase program, replacing the previous authorization from October 2024. Key highlights include a 7.9% increase in recurring subscription revenues and a 17.1% rise in asset-based fees. The operating margin stood at 56.4%, with adjusted EBITDA margin at 62.3%. Diluted EPS increased by 19.0% to $4.25, and adjusted EPS rose by 15.8% to $4.47. The company's organic recurring subscription Run Rate grew by 7.4%, and the Retention Rate was 94.7%. MSCI also paid $137.4 million in dividends during the quarter.