MSCI Inc. reported adjusted second-quarter 2026 earnings of $4.94 per share. Quarterly revenue reached $867.0 million. Adjusted earnings fell short of the $4.97 per share analyst estimate. Revenue missed the consensus projection of $869.66 million.

The company raised its full-year operating expense forecast. Management cited acquisition costs, employee incentives, and other investments as primary drivers for the increase.

MSCI shares dropped as much as 7% in pre-market trading. The decline exceeded the 4.2% move priced in by options markets.