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Moody's MCO MIS — Revenue, remaining performance obligation, amount

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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:RevenueRemainingPerformanceObligation.

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

Remaining performance obligations in the MIS segment largely reflect deferred revenue related to monitoring fees for certain structured finance products, primarily CMBS, where the issuers can elect to pay the monitoring fees for the life of the security in advance. As of June 30, 2026, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $90 million. The Company expects to recognize into revenue approximately 25% of this balance within one year, approximately 55% of this balance between one to five years and the remaining amount thereafter. With respect to the remaining performance obligations for the MIS segment, the Company has applied a practical expedient set forth in ASC Topic 606 permitting the omission of unsatisfied performance obligations relating to contracts with an original expected length of one year or less.

Item 1. Financial Statements

FAQ

What is Moody's's MIS — revenue, remaining performance obligation, amount?
Moody's (MCO) reported MIS — revenue, remaining performance obligation, amount of $90M in Q2 2026.
How has Moody's's MIS — revenue, remaining performance obligation, amount changed year-over-year?
Moody's's MIS — revenue, remaining performance obligation, amount decreased by 3.2% year-over-year, from $93M to $90M.
What is the long-term trend for Moody's's MIS — revenue, remaining performance obligation, amount?
Over 4 years (2021 to 2025), Moody's's MIS — revenue, remaining performance obligation, amount has grown at a -6.4% compound annual growth rate (CAGR), from $470M to $361M.
What does MIS — revenue, remaining performance obligation, amount mean?
The total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period for the MIS segment. This represents the total value of future services promised to customers under existing contracts. It is a comprehensive measure of the segment's total contracted revenue backlog.

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