Moody's MIS — Non-Compensation Expense decreased by 22.2% to $91.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.2%, from $96.00M to $91.00M. Over 3 years (FY 2022 to FY 2025), MIS — Non-Compensation Expense shows relatively stable performance with a -1.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower expenses relative to revenue indicate better operational efficiency and cost management.
Encompasses all operating expenses for the credit ratings segment excluding personnel costs, such as technology infrastr...
Comparable to 'General and Administrative Expenses' or 'Non-Personnel Operating Costs' in peer financial reports.
mco_segment_mis_non_compensation_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $109.25M | $109.25M | $109.25M | $109.25M | $92.50M | $92.50M | $92.50M | $92.50M | $91.00M | $111.00M | $95.00M | $113.00M | $96.00M | $97.00M | $113.00M | $117.00M | $91.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -15.3% | +0.0% | +0.0% | +0.0% | -1.6% | +22.0% | -14.4% | +18.9% | -15.0% | +1.0% | +16.5% | +3.5% | -22.2% |
| YoY Change | — | — | — | — | -15.3% | -15.3% | -15.3% | -15.3% | -1.6% | +20.0% | +2.7% | +22.2% | +5.5% | -12.6% | +18.9% | +3.5% | -5.2% |