Moody's Recurring Revenue — Revenue recognized increased by 0.5% to $1.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $1.16B to $1.27B. Over 4 years (FY 2021 to FY 2025), Recurring Revenue — Revenue recognized shows an upward trend with a 9.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates a growing base of stable, predictable income, while a decrease may suggest customer churn or a shift toward more volatile transactional revenue models.
This metric represents the total revenue generated from subscription-based products, maintenance contracts, and other re...
Commonly tracked by SaaS and financial data providers as Annual Recurring Revenue (ARR) or subscription revenue, often compared against peer subscription growth rates.
mco_segment_recurring_revenue_revenue_recognized| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $829.00M | $859.00M | $908.00M | $949.00M | $927.00M | $941.00M | $969.00M | $994.00M | $1.00B | $1.04B | $1.06B | $1.07B | $1.09B | $1.11B | $1.15B | $1.16B | $1.20B | $1.22B | $1.27B | $1.27B |
| QoQ Change | — | +3.6% | +5.7% | +4.5% | -2.3% | +1.5% | +3.0% | +2.6% | +1.0% | +3.2% | +1.9% | +1.0% | +1.8% | +2.4% | +3.0% | +0.9% | +3.8% | +1.8% | +3.8% | +0.5% |
| YoY Change | — | — | — | — | +11.8% | +9.5% | +6.7% | +4.7% | +8.3% | +10.1% | +9.0% | +7.3% | +8.2% | +7.3% | +8.4% | +8.2% | +10.4% | +9.7% | +10.6% | +10.1% |