| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q3'26 | October 20, 2026 | 9/12 | 2 medium, 2 low flags | 0 | 0 | Call sheet → |
| Q2'26 | July 21, 2026 | 4/12 | 2 high, 4 medium, 2 low flags | 3 | 0 | Call sheet → |
| Q1'26 | April 21, 2026 | 9/12 | 1 medium, 7 low flags | 5 | 0 | Call sheet → |
| Q4'25 | January 28, 2026 | 9/12 | 2 medium, 4 low flags | 4 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q3'26 | Pending | We indicated that we would be towards the high end of the expense guidance ranges based on the assumption of relatively flat markets in Q2 Full-year 2026 guidance period has not ended; this quarter the range was reaffirmed/tightened to 'top end' of guidance, a revision, not a resolution. |
| Q3'26 | Pending | Expect recurring net new sales to be roughly zero to slightly negative for the combined sustainability and climate reporting segment across the next two quarters (Q3 and Q4 2026) Period spans two quarters and is not yet fully elapsed (Q4 still open). Q3 actual net figure (post-cancels) was not explicitly stated; only gross new sales (>$5M sustainability, >$2M climate) and 'elevated cancels' were disclosed. Deadline (end of Q4) has not been reached. |
| Q3'26 | Pending | Upon close of the acquisition in Q3, First Street expected to add about $10 million of subscription run rate to the S&C reporting segment Current call confirms the deal closed and integration is 'on track' with 'very strong' client engagement, but management did not restate or confirm the specific $10M figure against actual Q3 results; actual not independently stated on the call. |
| Q2'26 | Pending | Capitalize on active ETF opportunity with asset managers Mentioned 'handful of clients' but no material revenue disclosed |
| Q2'26 | Pending | AI transformation to show in results Lots of activity but admitted 'only just starting to see benefits' |
| Q2'26 | Delivered | Maintain strong capital returns to shareholders $147M buyback in quarter maintains aggressive pace |
| Q2'26 | Pending | Analytics revenue to track closer to run rate growth after Q2 Set up Q3 as the test; Q2 guided down to 5% |
| Q2'26 | Delivered | Sustained momentum in private capital solutions Accelerated to 16.2% growth from 15.8% |
| Q2'26 | Delivered | Double-digit index subscription growth return Hit 11.1% growth, exceeded the 10% threshold |
| Q1'26 | Exceeded | Index subscription growth to remain strong with custom index focus 10.7% growth, record Q1 recurring sales of $33M driven by custom indices |
| Q1'26 | Delivered | AI transformation to strengthen competitive advantages IndexAI Insights launched with hundreds of users, 120-140 AI projects disclosed |
| Q1'26 | Exceeded | Continue strong capital returns through share repurchases $464M repurchased through April at $556 average, maintaining aggressive pace |
| Q1'26 | Pending | Sustainability and Climate focusing on physical risk and energy transition Mentioned central bank of Germany win but still seeing 'muted growth in near term' |
| Q1'26 | Exceeded | Drive adoption of newer and established Analytics solutions $17M recurring sales (+30% YoY), second highest Q4 performance translated to Q1 momentum |
| Q1'26 | Delivered | Continue to invest in Private Capital Solutions with strong momentum expected PCS run rate growth accelerated to nearly 16%, delivered $8M new sales (+86% YoY) |
| Q4'25 | Delivered | Strong pipeline and opportunities in Private Capital Solutions 86% growth delivered, though from small base |
| Q4'25 | Delivered | Continue to see pressures in Sustainability and Climate Confirmed softness in Americas, growth slowed from 8% to negative YoY |
| Q4'25 | Exceeded | Relatively stable environment and market backdrop Delivered strong Q4 results with acceleration in most metrics |
| Q4'25 | Missed | AI enhancements will be smooth impact on financial model Changed from smooth to 'still early days'-timeline extended |
| Q4'25 | Pending | The goal of MSCI is to have a fully integrated company Dropped product-line targets as evidence of integration, but no concrete metrics provided |
| Q4'25 | Delivered | Continue to see strong momentum in delivering new products PCS up 86%, Index custom growth 16%, new AI products launched |
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