Morgan Stanley number of employees

Morgan Stanley reported 83,000 employees at December 31, 2025 in its latest annual report. Revenue per employee was $851,145.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
December 31, 2025	83,000	—	$851,145	10-K, filed February 19, 2026

What the annual reports say

As of December 31, 2025, we had approximately 83 thousand employees across 42 countries, whom we depend upon to drive the value Morgan Stanley delivers to our clients and shareholders worldwide. 2025 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

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Figures from Morgan Stanley's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Morgan Stanley.