Moody's Transaction Revenue — Revenue recognized increased by 29.5% to $807.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $769.00M to $807.00M. Over 4 years (FY 2021 to FY 2025), Transaction Revenue — Revenue recognized shows relatively stable performance with a 0.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher debt market activity and strong demand for credit ratings, while a decrease suggests a slowdown in corporate or public debt issuance.
This metric represents the total revenue generated from credit rating assignments and related services that are triggere...
Comparable to transaction-based underwriting or advisory fees at investment banks and other credit rating agencies like S&P Global.
mco_segment_transaction_revenue_revenue_recognized| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $724.00M | $667.00M | $631.00M | $573.00M | $454.00M | $334.00M | $321.00M | $476.00M | $490.00M | $436.00M | $424.00M | $719.00M | $731.00M | $701.00M | $527.00M | $769.00M | $699.00M | $787.00M | $623.00M | $807.00M |
| QoQ Change | — | -7.9% | -5.4% | -9.2% | -20.8% | -26.4% | -3.9% | +48.3% | +2.9% | -11.0% | -2.8% | +69.6% | +1.7% | -4.1% | -24.8% | +45.9% | -9.1% | +12.6% | -20.8% | +29.5% |
| YoY Change | — | — | — | — | -37.3% | -49.9% | -49.1% | -16.9% | +7.9% | +30.5% | +32.1% | +51.1% | +49.2% | +60.8% | +24.3% | +7.0% | -4.4% | +12.3% | +18.2% | +4.9% |