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Moody's MCO EMEA — Revenue recognized

Other geography segments

Asia-Pacific
$196M+12.6%
Americas
$121M+1.7%

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CCKSpain — Revenue recognized
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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
United States$1,218$992$2,398$2,057
Non-U.S.:
EMEA6506131,2651,182
Asia-Pacific196174373341
Americas121119228242
Total Non-U.S.9679061,8661,765
Total$2,185$1,898$4,264$3,822

Item 1. Financial Statements

FAQ

What is Moody's's EMEA — revenue recognized?
Moody's (MCO) reported EMEA — revenue recognized of $650M in Q2 2026.
How has Moody's's EMEA — revenue recognized changed year-over-year?
Moody's's EMEA — revenue recognized increased by 6.0% year-over-year, from $613M to $650M.
What is the long-term trend for Moody's's EMEA — revenue recognized?
Over 4 years (2021 to 2025), Moody's's EMEA — revenue recognized has grown at a 6.0% compound annual growth rate (CAGR), from $1.89B to $2.38B.
What does EMEA — revenue recognized mean?
This metric represents the total revenue generated by the company from business activities conducted within the Europe, Middle East, and Africa (EMEA) geographic region. It encompasses fees earned from credit ratings, research services, and data analytics solutions provided to clients located in these markets. Monitoring this figure allows investors to assess the company's regional market penetration and exposure to economic cycles within these specific international territories.

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