Business Segments · Non-Compensation Expense

MA — Non-Compensation Expense

Moody's MA — Non-Compensation Expense increased by 6.3% to $202.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $192.00M to $202.00M. Over 3 years (FY 2022 to FY 2025), MA — Non-Compensation Expense shows an upward trend with a 6.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Rising non-compensation expenses relative to revenue may indicate increased investment in technology or inefficient overhead management.

Detailed definition

Encompasses all operating expenses for the Moody's Analytics segment excluding personnel costs, such as technology infra...

Peer comparison

Comparable to 'General and Administrative' or 'Operating Expenses' excluding payroll at peer technology and data companies.

Metric ID: mco_segment_ma_non_compensation_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$161.75M$161.75M$161.75M$161.75M$177.00M$177.00M$177.00M$177.00M$180.00M$191.00M$183.00M$177.00M$192.00M$200.00M$197.00M$190.00M$202.00M
QoQ Change+0.0%+0.0%+0.0%+9.4%+0.0%+0.0%+0.0%+1.7%+6.1%-4.2%-3.3%+8.5%+4.2%-1.5%-3.6%+6.3%
YoY Change+9.4%+9.4%+9.4%+9.4%+1.7%+7.9%+3.4%+0.0%+6.7%+4.7%+7.7%+7.3%+5.2%
Range$161.75M$202.00M
CAGR+5.7%
Avg YoY Growth+6.3%
Median YoY Growth+7.3%

Frequently Asked Questions

What is Moody's's ma — non-compensation expense?
Moody's (MCO) reported ma — non-compensation expense of $202.00M in Q1 2026.
How has Moody's's ma — non-compensation expense changed year-over-year?
Moody's's ma — non-compensation expense increased by 5.2% year-over-year, from $192.00M to $202.00M.
What is the long-term trend for Moody's's ma — non-compensation expense?
Over 3 years (2022 to 2025), Moody's's ma — non-compensation expense has grown at a 6.4% compound annual growth rate (CAGR), from $647.00M to $779.00M.
What does ma — non-compensation expense mean?
Operating costs for the Moody's Analytics segment excluding employee compensation.