Index data provider Index net new recurring subscription sales growth measures year-over-year growth in MSCI Index net new recurring subscription sales.
MSCI reported 40.5% growth in Index net new recurring subscription sales in the second quarter of 2026, to $28.1M from $20.0M.
Net new sales subtract cancellations
MSCI defines net new recurring subscription sales as new recurring subscription sales minus subscription cancellations.
The metric therefore measures the net annualized addition to Run Rate from subscription selling activity during the period.
Sales and recognized revenue are different
Subscription sales can affect Run Rate immediately while recognized revenue follows contract accounting.
Read it with Index retention rate and Index recurring subscription run-rate growth.
Primary source: MSCI Q2 2026 Form 10-Q.
Part of the Index & Data Provider Economics
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- MSCIOpen operating-model research →10 of 10 reviewed concepts in Index & Data Provider EconomicsIndex subscription sales and retention2 of 2 bridge concepts supportedContinue through this bridge:Index Retention Rate
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Compare net annualized subscription selling after cancellations rather than recognized revenue.
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