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Business Segments · Contract with Customer, Liability

MIS — Contract with Customer, Liability

Moody's MIS — Contract with Customer, Liability increased by 36.3% to $368M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $360M to $368M. Over 4 years (FY 2021 to FY 2025), MIS — Contract with Customer, Liability shows relatively stable performance with a -1.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase indicates strong future demand and pre-paid service commitments, providing a buffer for future revenue.

Detailed definition

This represents deferred revenue or contract liabilities within the credit ratings segment, arising when the company rec...

Peer comparison

Standard deferred revenue metric found in subscription-based or service-based business models.

Metric ID: mco_segment_mis_contract_with_customer_liability

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$368M$333M$296M$377M$347M$314M$278M$360M$336M$303M$270M$361M$336M$312M$268M$360M$350M$313M$270M$368M
QoQ Change-9.5%-11.1%+27.4%-8.0%-9.5%-11.5%+29.5%-6.7%-9.8%-10.9%+33.7%-6.9%-7.1%-14.1%+34.3%-2.8%-10.6%-13.7%+36.3%
YoY Change-5.7%-5.7%-6.1%-4.5%-3.2%-3.5%-2.9%+0.3%+0.0%+3.0%-0.7%-0.3%+4.2%+0.3%+0.7%+2.2%
Range$268M$377M
CAGR+0.0%
Avg YoY Growth-1.4%
Median YoY Growth-0.5%

Frequently Asked Questions

What is Moody's's mis — contract with customer, liability?
Moody's (MCO) reported mis — contract with customer, liability of $368M in Q1 2026.
How has Moody's's mis — contract with customer, liability changed year-over-year?
Moody's's mis — contract with customer, liability increased by 2.2% year-over-year, from $360M to $368M.
What is the long-term trend for Moody's's mis — contract with customer, liability?
Over 4 years (2021 to 2025), Moody's's mis — contract with customer, liability has grown at a -1.7% compound annual growth rate (CAGR), from $1.39B to $1.29B.
What does mis — contract with customer, liability mean?
Payments received from customers for services that have not yet been performed.