Operating Expenses

SG&A

Moody's SG&A increased by 1.9% to $477.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $439.00M to $477.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 5.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$327.00M$395.00M$465.00M$371.00M$368.00M$385.00M$403.00M$386.00M$415.00M$403.00M$428.00M$413.00M$446.00M$434.00M$442.00M$439.00M$443.00M$453.00M$468.00M$477.00M
QoQ Change+20.8%+17.7%-20.2%-0.8%+4.6%+4.7%-4.2%+7.5%-2.9%+6.2%-3.5%+8.0%-2.7%+1.8%-0.7%+0.9%+2.3%+3.3%+1.9%
YoY Change+12.5%-2.5%-13.3%+4.0%+12.8%+4.7%+6.2%+7.0%+7.5%+7.7%+3.3%+6.3%-0.7%+4.4%+5.9%+8.7%
Range$327.00M$477.00M
CAGR+8.3%
Avg YoY Growth+4.6%
Median YoY Growth+6.0%
Current Streak4 quarters growth

SG&A at Other Companies

Frequently Asked Questions

What is Moody's's sg&a?
Moody's (MCO) reported sg&a of $477.00M in Q1 2026.
How has Moody's's sg&a changed year-over-year?
Moody's's sg&a increased by 8.7% year-over-year, from $439.00M to $477.00M.
What is the long-term trend for Moody's's sg&a?
Over 4 years (2021 to 2025), Moody's's sg&a has grown at a 5.1% compound annual growth rate (CAGR), from $1.48B to $1.80B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.