Financial research concept

Index Data Provider Analytics Operating Revenue Growth

measures year-over-year growth in MSCI Analytics operating revenues.

By Lee BaileyPublished Oct 2, 2026

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Research date: Oct 2, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context: 10 connected conceptsPart of the reviewed Index & Data Provider Economics; issuer definitions remain distinct where disclosed.
Company examples: 1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

Analytics is primarily subscription-driven
Organic growth was slightly higher
Part of the Index & Data Provider Economics
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Index data provider Analytics operating revenue growth measures year-over-year growth in MSCI's Analytics segment operating revenues.

MSCI reported 6.6% Analytics operating revenue growth in the second quarter of 2026, to $189.4M from $177.7M.

Analytics is primarily subscription-driven

The segment consists primarily of recurring subscription products rather than Index asset-based fees.

That gives Analytics a different monetization profile from the Index segment.

Organic growth was slightly higher

MSCI reported 7.0% organic operating revenue growth for Analytics after specified acquisition and FX adjustments.

Read it with Analytics Run Rate growth and Index operating revenue growth.

Primary source: MSCI Q2 2026 Form 10-Q.

Part of the Index & Data Provider Economics

Connects MSCI Index revenue and Run Rate monetization with subscription sales and retention, plus Analytics, Sustainability & Climate, and Private Assets recurring growth.

Browse the full operating model in Company Analysis →

Where this concept fits

Adjacent recurring data platformsCurrent relationship
Analytics, Sustainability and Climate, and Private Assets Run Rate growth show how MSCI's subscription-led businesses expand outside the Index asset-based-fee model, with Analytics operating revenue providing a recognized-revenue cross-check.
Analytics Revenue GrowthCurrent conceptAnalytics Run Rate Growth Private Assets Run Rate Growth Sustainability & Climate Run Rate Growth
Index revenue and Run Rate monetization
Index operating revenue growth and total Run Rate growth combine recurring subscriptions and asset-based fees, while separate subscription and asset-based-fee Run Rates show how contract economics and linked-product AUM drive the segment.
Index Asset-Based Fee Run Rate Growth Index Revenue Growth Index Subscription Run Rate Growth Index Run Rate Growth
Index subscription sales and retention
Net new recurring subscription sales capture annualized subscription additions net of cancellations, while retention measures the durability of beginning subscription Run Rate and explicitly excludes asset-based fees.
Index Net New Subscription Sales Growth Index Retention Rate

Analytics Revenue GrowthCurrent concept
Analytics Run Rate Growth
Index Asset-Based Fee Run Rate Growth
Index Net New Subscription Sales Growth
Index Revenue Growth
Index Subscription Run Rate Growth
Index Retention Rate
Index Run Rate Growth
Private Assets Run Rate Growth
Sustainability & Climate Run Rate Growth

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

MSCIOpen operating-model research →10 of 10 reviewed concepts in Index & Data Provider EconomicsAdjacent recurring data platforms4 of 4 bridge concepts supportedContinue through this bridge:Analytics Run Rate Growth Private Assets Run Rate Growth Sustainability & Climate Run Rate Growth

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Compare index and data provider economics

Compare Analytics operating revenue growth separately from Index asset-based-fee economics.

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