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Moody's MCO MA — Revenue recognized

Other segment segments

MIS
$1.31B+23.8%

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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

See full
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
Data and Information (D&I)246226485444
Total external revenue9258881,8511,747
Intersegment revenue3366
Total MA9288911,8571,753
MIS:
Corporate Finance (CFG)
Investment-grade186142406307
High-yield11385201152

Item 1. Financial Statements

FAQ

What is Moody's's MA — revenue recognized?
Moody's (MCO) reported MA — revenue recognized of $928M in Q2 2026.
How has Moody's's MA — revenue recognized changed year-over-year?
Moody's's MA — revenue recognized increased by 4.2% year-over-year, from $891M to $928M.
What is the long-term trend for Moody's's MA — revenue recognized?
Over 4 years (2021 to 2025), Moody's's MA — revenue recognized has grown at a 10.6% compound annual growth rate (CAGR), from $2.41B to $3.61B.
What does MA — revenue recognized mean?
The total revenue earned by the Moody's Analytics segment from the delivery of goods or services during the reporting period. This reflects the core operational performance of the data, research, and decision solutions business. It is a primary indicator of the segment's market demand and pricing power.

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