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Moody's MCO Deferred Revenue

Deferred Revenue at other companies

S&P Global logo
S&P GlobalSPGI
$3.93B+1.5%
CoStar Group logo
CoStar GroupCSGP
$233M+24.3%
Morningstar logo
MorningstarMORN
$1.6B+160%
MSCI logo
MSCIMSCI
$1.14B+7.2%
Verisk Analytics, Inc. logo
Verisk Analytics, Inc.VRSK
$573.9M-14.5%
Fair Isaac logo
Fair IsaacFICO
$205.4M+19.6%

Segments

By segment

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MA$1.3B+1.2%
MIS$295M+0.3%

Other financials

Income statement

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Revenue$2.2B+15.1%
Gross profit$1.7B+18.3%
Operating income$1.0B+27.9%
Net income$878.0M+51.9%
EPS (diluted)$5.03+56.7%

Balance sheet

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Cash & equivalents$1.5B-32.5%
Total debt$7.5B+3.3%
Total equity$3.0B-23.4%
Total assets$14.7B-5.2%

Cash flow

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Operating cash flow$779.0M+43.5%
CapEx$91.0M+21.3%
Free cash flow$688.0M+47.0%

Valuation

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Market cap$83.82B-9.7%
Enterprise value$89.87B-8.2%
P/E30×-13.5×
P/S10.3×-2.4×

Profitability

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Gross margin75%+2.2pp
Operating margin44.8%+4.2pp
Net margin34.3%+5.1pp
FCF margin36.4%+3.9pp

Returns & leverage

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Return on equity80.2%+25.0pp
Debt / equity2.5×+0.6×
Current ratio1.2×-0.6×

Where this comes from

Reported directly by Moody's in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Moody's’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049398
Line itemJune 30, 2026December 31, 2025
Accounts payable and accrued liabilities$1,086$1,304
Current portion of operating lease liabilities9395
Current portion of long-term debt571
Deferred revenue1,5951,582
Total current liabilities$3,345$2,981
Non-current portion of deferred revenue5356
Long-term debt6,3756,994
Deferred tax liabilities, net292315

Item 1. Financial Statements

FAQ

What is Moody's's deferred revenue?
Moody's (MCO) reported deferred revenue of $1.6B in Q2 2026.
How has Moody's's deferred revenue changed year-over-year?
Moody's's deferred revenue increased by 1.1% year-over-year, from $1.58B to $1.6B.
What is the long-term trend for Moody's's deferred revenue?
Over 5 years (2020 to 2025), Moody's's deferred revenue has grown at a 7.8% compound annual growth rate (CAGR), from $1.09B to $1.58B.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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